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(vasep.com.vn) In 2014, Godaco Seafood Joint Stock Company (Godaco) targets to earn US$80 million from seafood exports as its new seafood processing plant put into operation, said Mr. Le Son Tung, Vice Director of the company.

(pangasius-vietnam.com) Out of EU, Germany was the third largest importer of Vietnam pangasius. From the beginning of 2013 until the mid December 2013, pangasius exports to Germany valued at US$43.52 million, representing a year-on-year fall of 19.1 percent, the deepest dive out of EU’s 4 leading importers of Vietnam pangasius (Germany, Spain, the Netherlands and the U.K)

(IntraFish) After a drop earlier in the year from the highs of 2011, Atlantic cod prices have trended up slightly and settled at between $3,350 (€2,706) and $3,500 (€2,827) per metric ton, sources told IntraFish.

(pangasius-vietnam.com) In Vinh Long province, intensive pangasius farming area has reached 423 hectares, in which, farmers are breeding 278.5 hectares of fish, down 9.7 percent year-on-year.

(vasep.com.vn) In 2012, An Giang Fisheries Import and Export Joint Stock Company (Agifish) will invest more in fish farming with an aim to ensure raw material for processing. These farms are expected to supply 30,000 MT of raw fish and help the company reach US$100 million of export revenue.

Vinh Hoan Corp has won a Grand Prize

Seafood Joint Stock Company No4 (Seapriexco No4 – HOSE code: TS4) reported to earn VND300 billion of net revenue in QIV/2013, up 15 percent year-on-year.

(vasep.com.vn) U.S. Senator John McCain (R-AZ) today delivered the following statement regarding the Agriculture Reform, Food, and Jobs Act of 2012, also known as the Farm Bill, on the floor of the U.S. Senate:

(vasep.com.vn) Mr. President. In 2008, the Farm Bill’s conferees inserted a provision transferring authority over the inspection of catfish, and only catfish, from the Food and Drug Administration to the US Department of Agriculture. The provision never received debate in either the House or the Senate prior to its consideration in conference and it became law.

The Hau Giang Department of Labor

(vasep.com.vn) On 21 January 2014, National Agro Forestry Fisheries Quality Assurance Department (NAFIQAD) published the official letter No 15-9-2-3-8/124 sent by State Veterinary and Phytosanitary Service of Ukraine (SVPS) to inform that 10 seafood enterprises were included to the list of inspected facilities for import of pangasius to Ukraine.

(vasep.com.vn) According to the business report of Mekong Fisheries Joint Stock Company (Mekongfish Co – HOSE code: AAM) in QIV/2013, its net revenue totaled VND153.5 billion, up 13 percent year-on-year, post-tax profits of VND4.04 billion, skyrocketing 139 percent year-on-year.

It’s a new age in whitefish pricing. At just over $4 a pound for fresh fillets, tilapia is holding the ceiling for all $2.50 to $4.50 range whitefish, and cod is far from it, but it wasn’t long ago that cod and tilapia were priced relatively similarly.

Russian growing capacity to process at sea in recent years have led to an increase in exports of cod fillets to the EU, shows a report from the EU Fish Processors and Traders Association (AIPCE-CEP).


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PANGASIUS MARKET

Ms Thu Hang

Email: thuhang@vasep.com.vn

Tel: +84.24.3771.5055 (ext. 214)

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