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mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin-top:0cm; mso-para-margin-right:0cm; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0cm; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} </style> <![endif]--></p> <p style="margin-top:6.0pt;margin-right:0cm;margin-bottom:0cm;margin-left:0cm; margin-bottom:.0001pt;text-align:justify;line-height:15.0pt;mso-line-height-rule: exactly"><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">The low number of fishing days has largely been attributed to horrendous weather, which has been worsening for the last three seasons according to the industry.</span></p> <p style="margin-top:6.0pt;margin-right:0cm;margin-bottom:0cm;margin-left:0cm; margin-bottom:.0001pt;text-align:justify;line-height:15.0pt;mso-line-height-rule: exactly"><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">Australian Southern Bluefin Tuna Industry Association chief executive officer Brian Jeffriess said the weather conditions meant south easterly winds had been seen for longer periods at higher levels.</span></p> <p style="margin-top:6.0pt;margin-right:0cm;margin-bottom:0cm;margin-left:0cm; margin-bottom:.0001pt;text-align:justify;line-height:15.0pt;mso-line-height-rule: exactly"><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">“The data suggests this weather pattern was much worse again in 2012,” he said. “Instead of being able to fish the normal one day in four, this was reduced to one in seven days that fishing was possible.”</span></p> <p style="margin-top:6.0pt;margin-right:0cm;margin-bottom:0cm;margin-left:0cm; margin-bottom:.0001pt;text-align:justify;line-height:15.0pt;mso-line-height-rule: exactly"><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">Despite the weather obstacle, Mr. Jeffriess said some companies had caught their quota allocation, with others expected to finish by the middle of the month.</span></p> <p style="margin-top:6.0pt;margin-right:0cm;margin-bottom:0cm;margin-left:0cm; margin-bottom:.0001pt;text-align:justify;line-height:15.0pt;mso-line-height-rule: exactly"><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">But Mr. Jeffriess said the delay had set back the farming cycle by some weeks. He said the setback would be “very costly” to the industry.</span></p> <p style="margin-top:6.0pt;margin-right:0cm;margin-bottom:0cm;margin-left:0cm; margin-bottom:.0001pt;text-align:justify;line-height:15.0pt;mso-line-height-rule: exactly"><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">The location where fishers caught their tuna was also an issue this season and Mr. Jeffriess said the fish had a complete change in movement compared to previous seasons. “The change in movement pattern of the tuna is so great that for the first time we have caught the large majority of the quota south of Kangaroo Island,” he said. “This is over 300 kilometers east of the traditional catching area. The tuna have also largely been caught on sonar, rather than aerial spotted on the surface.”</span></p> <p style="margin-top:6.0pt;margin-right:0cm;margin-bottom:0cm;margin-left:0cm; margin-bottom:.0001pt;text-align:justify;line-height:15.0pt;mso-line-height-rule: exactly"><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">The sudden change in the tuna's movement will create an issue when it is time for the CSIRO to measure stock numbers, which is an annual occurrence.</span></p> <p style="margin-top:6.0pt;margin-right:0cm;margin-bottom:0cm;margin-left:0cm; margin-bottom:.0001pt;text-align:justify;line-height:15.0pt;mso-line-height-rule: exactly"><span style="font-size:10.0pt;font-family:"Arial","sans-serif"">“That survey covers the complete Bight area where the tuna have traditionally been every year,” Mr. Jeffriess said. “In 2012, the tuna have been a long way east of the closest area covered by the CSIRO survey. How this will be assessed is unclear.”</span></p>
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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