In the future, demand for sustainable seafood products will be on an upward trend. Achieving certificates of international standards will help enterprises raise its competitiveness and create a firm position in the international markets.
Several Pangasius farms have been set up and implemented organic farming models, in compliance with international standards:
1. Model of Green Farm (applying AquaGAP standard) have been undertaking in Dong Thap province, by Vinh Hoan Joint-Stock Company. Principles to be respected: compliance with Government master-plan, environment protection and friendliness, social responsibilities, farmed fish health, food safety and traceability.
2. Model of Organic farming in An Giang province, jointly invested by BINCA Seafood (head office located in Germany) has been inspected and certified by NaturLand. Organic farmed Tra fish are exported to Germany and certain European countries during the recent years.
3. Tra farming model by applying GlobalGAP (with principles: social and environment responsibilities, food hygiene and safety, friendly and sustainable traceability) has been highly appreciated by European wholesalers and consumers.
4. Fresh fish raising models such as PurePanga, TracePanga are highly appreciated by authorities and customers.
5. Many businesses have been applying and achieved BAP (Best Aquaculture Practice). BAP, set of standards developed by Global Aquaculture Alliance (GAA), is the leading standard for supply chain. This has been taken into consideration by many retailers and distributors across the US.
6. Many businesses have been applying and achieved standards of Aquaculture Stewardship Council (ASC). ASC certified pangasius products are suggested by retailers and consumers to promote food safety and responsibility to society and environment.
7. VietGAP standards, harmonizing international standards on sustainability including ASC, GlobalGAP, BAP, are applied to Vietnamese pangasius industry from 2014.
It is necessary to develop more detailed and consistent regulations on seafood production for export in line with the implementation of solutions towards sustainable and responsible fishing practices.
(seafood.vasep.com.vn) After increasing to the highest level in 2022, Canada's tuna imports in 2023 dropped to the lowest level in the past 10 years, reaching 35 thousand tons, down 24% over the year. Canada is currently one of the 15 largest tuna import markets in the world.
(seafood.vasep.com.vn) Chile, one of the countries participating in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), has tended to increase tuna imports from Vietnam in the past 3 years. According to statistics from Vietnam Customs, this South American country imported nearly 3 million USD of tuna products from Vietnam in the first 2 months of 2024, an increase of 58% over the same period in 2023.
Economic and social development activities, overexploitation, pollution, diseases, and climate change have adversely affected the ecological environment, leading to a severe decline or the extinction of many precious indigenous aquatic species.
(seafood.vasep.com.vn) The prices of pangasius fingerlings and raw pangasius in ponds fell in March, following steady increases in the first two months of this year.
(seafood.vasep.com.vn) In February 2024, the average export price of Vietnamese pangasius to markets increased by 4%, although the volume decreased by 40% compared to the previous month.
(seafood.vasep.com.vn) There was a 6% decline in Vietnam's pangasius exports to Brazil in February 2024 compared to the same period in 2023, with the total value reaching 6 million USD.
(vasep.com.vn) In the first two months of 2024, Poland—which ranks as Vietnam's fourth-largest EU supplier of tuna—became a noteworthy market. Vietnam's tuna exports value to Poland increased by 786% in comparison to the same period last year, totaling over $2 million USD and contributing about 2% of the country's overall tuna exports revenue.
Regulations on the protection and sustainable development of aquatic resources, Việt Nam's legitimate rights at sea in accordance with international law and the achievements that the country has carved out to remove the European Union’s “yellow card” will be brought closer to local people.
(seafood.vasep.com.vn) According to data from Vietnam Customs, in January 2024, Vietnamese pangasius exports to Germany decreased by 30% compared to last year and reached only nearly 2 million USD.
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