News

(pangasius-vietnam.com) In the third quarter of 2013, An Giang Fisheries Import and Export Joint Stock Company (Agifish – HOSE code: AGF) reached a net revenue of VND841 billion, generating post-tax profit of VND8.78 billion, according to the company’s financial statement in 2013.

(vasep.com.vn) On 16th May 2012, Vietnam Development Bank (VDB) cooperated with Vietnam Association of Seafood Exporters and Producers (VASEP) to hold a dialogue with pangasius export companies in order to find measures to help them get out of difficulties.

(pangasius-vietnam.com) The EU is reliant on imports to meet its demand for fish and seafood. “For the EU as a whole, fish dependence day is now 8 July (2013), indicating that almost one-half of fish consumed in the EU is sourced from non-EU waters.” For example, figures from 2011 show imported species such as Alaska pollock, tuna and Pangasius contribute to 40.3% of total fish consumption in Germany. Another example would be in the Netherlands where tuna was listed 2nd followed by Pangasius as 3rd for volume in 2012.

Vietnam is weighing whether to send a harsh letter to Secretary of State John Kerry and farm bill conferees threatening a World Trade Organization case over a catfish inspection program.

(vasep.com.vn) In October 2013, An Giang province exported 14 thousand MT of seafood, worth US$32.3 million, up 9.7 percent in volume and 12.8 percent in value over a month ago.

(pangasius-vietnam.com) Hung Vuong Corporation (Hung Vuong Corp) is completing procedures to sell 30 million of newly issued shares to its Singaporean strategic partner.

Seafood consumption in the United States continued its seven-year decline, according to the National Fisheries Institute, a seafood industry trade association, but the effect on restaurants might be limited.

(pangasius-vietnam.com) At present, pangasius production is facing with difficulties because of financial troubles. Pangasius feed spending is so high while there was no rise in raw fish price. The first-grade pangasius stood at VND23,000 per kilogram. In this context, the Cho Moi Fishery Cooperative predicts a 60-percent lower production in 2014.

Since late 2008 despite many difficulties

(vasep.com.vn) In recent time, Vietnam seafood exports to European countries were affected by credit tightening policy in the region, however, after European Seafood Exposition 2012 in Brussels-Belgium, export outlook to the region is brighter.

(pangasius-vietnam.com) SUPA study gathered of market feedback and perceptions of certified and non-certified farmed Vietnamese Pangasius from the European retail sector, particularly from companies who buy and sell farmed seafood.

In the first six months of 2009 farmers


SPECIALIST ON
PANGASIUS MARKET

Ms Thu Hang

Email: thuhang@vasep.com.vn

Tel: +84.24.3771.5055 (ext. 214)

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