News

Vietnam’s largest exporter of pangasius, Vinh Hoan Corporation, has invested in surimi production, including raw material blocks and crab sticks.

(seafood.vasep.com.vn) According to data from Vietnam Customs, in the first half of May 2024, Vietnam's pangasius exports to Colombia reached nearly USD 1.6 million, up 140% compared to the same period last year. As of May 15, 2024, cumulative pangasius exports to this market reached USD 16 million, up 34% compared to the same period in 2023.

As a pangasius exporter with the second largest closed production chain in the world, NAVICO (Nam Viet Corporation, stock code ANV) aims to increase net profit this year 8 times more than last year.

(seafood.vasep.com.vn) According to data from Vietnam Customs, Vietnam pangasius exports to the US in April 2024 recorded many optimistic signs with a value of nearly 38 million USD, an increase of 34% compared to April 2023. By the end of April, this market consumed 102 million USD of pangasius, up 19% over the same period last year.

Vietnam's pangasius exports to Brazil reached nearly USD 28 million in the first quarter of 2024, surging by 44% compared to the same period in 2023.

(vasep.com.vn) According to Vinh Long Statistics Department, the whole province currently has 2,119 hectares of aquaculture area, an increase of 1.03% (equivalent to an increase of 21.62 hectares) over the same period last year; Of which the industrial pangasius farming area is 370.8 hectares, an increase of 0.12% or an increase of 0.42 hectares.

(seafood.vasep.com.vn) NAVICO has announced that it has closed the value chain for pangasius fish by ensuring 100% self-sufficiency in feed for aquaculture and raw fish production, creating favorable conditions for a breakthrough in this year's business results.

(seafood.vasep.com.vn) According to data from Vietnam Customs, in March 2024, Vietnamese pangasius export turnover to markets reached 156 million USD, down 14% over the same period. Vietnam pangasius export value in QI/2024 reached 411 million USD, down 3% compared to QI/2023.

Vietnam’s pangasius export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year.​  UAE mainly imported frozen fillets from Vietnam.

(seafood.vasep.com.vn) According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.

(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) Vinh Hoan Corporation has just announced supplementary documents for the 2024 Annual General Meeting of Shareholders, scheduled to be held on April 17.

(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.


SPECIALIST ON
PANGASIUS MARKET

Ms Thu Hang

Email: thuhang@vasep.com.vn

Tel: +84.24.3771.5055 (ext. 214)

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