Pangasius

(seafood.vasep.com.vn) By the end of October 2021, the total value of Vietnam pangasius exports to the ASEAN market reached 94.2 million USD, down about 17% over the same period last year. Since the Covid-19 pandemic broke out from the end of 2019 until now, pangasius exports to some potential markets in this region have not been able to recover.

(seafood.vasep.com.vn) On December 2, 2021, Nam Viet Joint Stock Company (Navico) officially started construction of "Collagen peptide and gelatin processing factory" at Thot Not Industrial Park, Can Tho City.

(seafood.vasep.com.vn) This year, pangasius exports to the Latin American market are quite good, most notably Mexico and Brazil. As of the first half of October 2021, the total value of pangasius exports to Brazil increased by more than 1.5 times over the same period last year, reaching 47.44 million USD.

(seafood.vasep.com.vn) Vinh Hoan Corp has just published a report for September 2021 with a revenue of VND 658 billion, bringing the total export revenue of the third quarter of 2021 to VND 2,128 billion, up 17% over the same period in 2020.

(seafood.vasep.com.vn) In the first eight months of 2021, the total value of Vietnamese pangasius exports to the Middle East market increased by 25.18% over the same period last year. In 2021, many pangasius enterprises have shifted their exports to the Egyptian and UAE markets.

(seafood.vasep.com.vn) VDSC Securities Company predicts that both revenue and profit in the third quarter of Vinh Hoan Joint Stock Company will grow by double digits compared to the same period last year. In which, revenue from pangasius fillet segment (which contributes over 67% of total revenue) increased strongly thanks to the average selling price and recovery in volume.

(seafood.vasep.com.vn) Up to now, after a long period of being affected by the COVID-19 pandemic, the epidemic situation in Ho Chi Minh City as well as some provinces in the Mekong Delta region is currently under better control. Therefore, businesses in general and companies in the seafood industry in particular are accelerating the post-COVID-19 recovery process.

(seafood.vasep.com.vn) The 4th Covid wave broke out strongly in Ho Chi Minh City and 18 provinces and cities - key seafood processing and export areas of Vietnam, causing a sharp drop in export turnover to many major markets in August 2021. However, in this dark picture at this stressful Covid period, there are still small bright spots in some niche markets such as Mexico and many others.

The US Department of Commerce (DOC) has announced the preliminary results of the 17th period of review (POR17) for the period from August 1, 2019 to July 31, 2020, regarding Vietnam’s tra and basa fish (pangasius) exported to the US.

(seafood.vasep.com.vn) As of the first half of August 2021, the total value of Vietnamese pangasius exports to the Mexican market reached US$43.76 million, up nearly 70% over the same period last year. With this result, Mexico has now surpassed Brazil and entered the top pangasius export market of Vietnamese seafood enterprises in Latin America.

(seafood.vasep.com.vn) Vinh Hoan Joint Stock Company (VHC) has just announced business results in July 2021 with a revenue of VND 765 billion, up 21% over the same period, up 7% compared to June 2021.

(seafood.vasep.com.vn) In the first half of this year, while exporting pangasius to the EU and China was difficult, Vietnamese pangasius enterprises boosted exports to other potential markets, including Brazil. As of the first half of July 2021, the total value of pangasius exports to Brazil reached 35.5 million USD, up 86.8% over the same period last year.

(seafood.vasep.com) Since 2019, in the Mekong Delta, the pangasius farming area has been standardized, located and issued codes for each pond, ensuring traceability. Quality and output will be strictly controlled to ensure food safety to build the reputation of the pangasius brand for sustainable development.

(seafood.vasep.com.vn) Vietnam pangasius exporters have recorded positive growth in the first half of the year, but the last 6 months of the year will be a difficult journey.

(seafood.vasep.com.vn) Export revenue of Vinh Hoan Corp in June 2021 reached VND 713 billion, up 15%, of which the US market brought in nearly VND 300 billion, up 77%. Exports to the EU and China markets decreased due to the impact of the new strain of Covid-19 epidemic. Accumulated in the first 6 months, Vinh Hoan recorded export revenue of 3,991 billion dong, up 15.6% over the same period last year.


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