In order to develop pangasius farming sustainably, in the past years, many models of chain linkages in production and consumption of pangasius have been applied in Vinh Long, which had high economic efficiency. Currently in Vinh Long province, there were 20/150 establishments that are stocking and linking their production between farms and seafood processing factories. Of that, there were 03 farms signing a contract with a seafood processing factory, accordingly, the factory deliver feeds to farmers and then reclaims the products. In addition, there have been established some other linkages such as the linkage between farms and processing plants and feed mills; linkage between farms and shops selling aquatic materials and linkage through outsourcing of production processes.
Linkages have brought many benefits to farmers and processing enterprises as well as input supply enterprises. In particular, the benefits that businesses have are that businesses have created large production areas on the same varieties and mechanized into the fields to increase labor productivity. These helped businesses to have stable material areas to meet the production requirements in accordance with the plan of the company, thus reduced the scarcity of raw materials for production, purchasing raw materials at high prices or increasing input costs of products. At the same time, these created favorable conditions for enterprises to build, develop and advertise their trademarks for export products in order to raise the competitiveness of enterprises on the market.
Besides, farmers also saw benefits when joining the chain as they are guided by leading enterprises in terms of production techniques, provided with sufficient seeds and supplies for production and even cash advance to cover living expenses; higher incomes thanks to improved production efficiency and stable income.
To restructure the fisheries sector, Vinh Long province has also focused on developing commercial aquaculture areas with diverse models and cultured species and obtaining international standards as well as VietGAP standards. At present, Vinh Long province has an area of 257.62 hectares of pangasius farming which are certified. Of which, 75 hectares were certified by GlobalGAP/ASC standard (07 establishments); 40 ha were certified by the international standards + VietGAP (5 establishments); 142.58 ha of VietGAP standards (121 establishments).
In addition, facilities of producing seed are applied standards to improve the quality of seeds. At present, there are 02 facilities of producing seed certified by GlobalGAP with the total area of 6.3 hectares.
In order to reach the target set for 2018, Vinh Long province has introduced many solutions to stabilize the area and output of pangasius.
The locality continues to monitor water quality and warn environmental issues and diseases; at the same time, strengthens monitoring of farming areas to guide disease prevention and treatment on pangasius, focus on food safety and ensure the quality of products to meet the requirements of domestic consumption and export markets.
(seafood.vasep.com.vn) According to a report by the General Statistics Office, the estimated pangasius output for January 2025 reached 102.5 thousand tons, representing a 6.0% increase compared to the corresponding period of the preceding year. This surge is attributed to the rise in pangasius material prices within the Mekong Delta, which has incentivized aquaculture farmers to expand their stocking activities. Concurrently, this price increase has facilitated processing enterprises to intensify procurement efforts to meet export demands during the early part of the year.
(seafood.vasep.com.vn) Between 2015 and 2024, Vietnamese pangasius exporting enterprises have undergone notable transformations in rankings and experienced fluctuations in developmental strategies, competitive intensity, and business efficacy. This dynamic is clearly illustrated through shifts in export turnover and the proportional contribution to the national pangasius export volume among the Top 5 enterprises.
(seafood.vasep.com.vn) The outlook for Vietnam’s seafood exports remains positive, with a strong focus on maintaining growth in key markets like China and the U.S., while diversifying into new regions. As global trade policies continue to evolve, adaptability and strategic planning will be key to navigating the challenges ahead.
(seafood.vasep.com.vn) Thanks to improved pangasius prices and higher production, Vĩnh Hoàn's after-tax profit in Q4 2024 reached VND 440 billion, a 4.8-fold increase compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam’s Customs, in Q4 2024, Vietnam’s pangasius exports to China & Hong Kong reached USD 163 million, a 17% increase compared to the same period in 2023, with consistent growth across all months. The total value of pangasius exports to China & Hong Kong for 2024 reached USD 581 million, a 1% increase over the previous year.
Vietnam’s seafood exports are projected to maintain strong growth this year, potentially reaching 11 billion USD.
(seafood.vasep.com.vn) In the final quarter of 2024, Vietnam’s surimi and fish cake exports showed consistent growth over the last three months. For the entire year 2024, exports of these products reached USD 298 million, down 2% compared to 2023. However, the final quarter saw more promising signs for the surimi and fish cake export sector, with some markets experiencing notable growth, such as Thailand, China, and Taiwan. Particularly, exports to Taiwan, which had seen continuous declines in the previous two quarters, surged by 301% in this quarter.
(seafood.vasep.com.vn) Another year of pride for Vietnam's pangasius exports has concluded, reaching over USD 2 billion and contributing 20% to Vietnam's total seafood export turnover.
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
(seafood.vasep.com.vn) Despite facing numerous challenges in the second half of the year, Vietnam's canned tuna exports concluded 2024 with a 17% increase compared to 2023, reaching USD 299 million. To maintain this growth momentum in 2025, the canned tuna production and export sector requires coordinated efforts from all stakeholders.
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