Pangasius

(seafood.vasep.com.vn) As of the first half of July 2019, the total value of pangasius exports to Belgium reached US$12.9 million, up 34.3% over the same period in 2018. Belgium was the fourth largest importer of Vietnam pangasius in the EU region. Compared to some potential markets of Vietnam pangasius in Asia such as Hong Kong or Malaysia, the export value of pangasius to this market was only by a half, however, in the first 6 months, pangasius exports to Belgium have been growing steadily.

Bien Dong Seafood Company Limited (Bien Dong seafood) is one of two enterprises in the Mekong Delta that are exports the largest pangasius volume to the US market.

(seafood.vasep.com.vn) By the end of September 2019, the total export value of pangasius to Japan reached nearly US $ 25 million, up 2.6% compared to the same period in 2018. Particularly in September 2019, pangasius export to this market reached US $ 3 million, up 2%.

The Food Safety and Inspection Service (FSIS), under the United States Department of Agriculture, has officially recognized Vietnam’s pangasius food safety control system after more than three years of negotiations, reports Vietnam News.

(seafood.vasep.com.vn) By the end of September 2019, the total export value of pangasius reached US$1.46 billion, down 8.5% over the same period in 2018. Particularly in September 2019, pangasius export value decreased by 14.6%, of which, export value to many major importers such as the US, EU, Brazil, Mexico, and Colombia also dropped sharply.

(seafood.vasep.com.vn) According to the statistics of An Giang Fisheries Sub-Department, the farming area of pangasius in the first 9 months of 2019 reached 1,250 ha.

(seafood.vasep.com.vn) Pangasius exports to Middle East market in the first 6 months of 2019 reached US$70.8 million, down 8.6% over the same period in 2018.

Mekong Fisheries Joint Stock Company (HoSE: AAM) announced that the revenue in the second quarter of this year reached VND 49.6 billion, down 4% over the same period in 2018. Profit before tax was estimated at VND 4.6 billion, up 3.2% over the same period. Profit after tax was VND 3.7 billion, down 5.3% over the same period in 2018. Low profit is mainly due to high cost of goods sold, accounting for 88% of company's revenue.

(seafood.vasep.com.vn) The export value of Vietnamese pangasius from March to June 2019 declined from 6% to 17.6% compared to the same period in 2018. By the end of June 2019, the total export value of pangasius reached US$961.6 million, decreased 4.1% compared to the first half of 2018. Exports to the US, Brazil and Colombia markets reduced, thus affecting the overall growth rate. It is forecasted that in the third quater, pangasius exports might grow again, however, the growth rate might not exceed 15% compared to the same period in 2018.

Cuu Long Fish Corp., Ltd (HoSE: ACL) has just released its Q2/2019 financial statement to record 817 billion VND of net revenue and 126.7 billion VND of pre-tax profit, increasing 13,3% and 120% respectively over the same period in 2018. Net profit after tax earned 113 billion, 2.2 times higher than the same period in 2018.

Nam Viet Corporation (HoSE: ANV) has just announced Q2/2019 consolidated financial statements with strong growth in revenue and profit over the same period in 2018.

(seafood.vasep.com.vn) Although pangasius exports to the German market decreased following the general trend of the EU region for more than 10 years from 2008 to 2018, but in recent years, especially in the first 5 months of 2019, the export value of pangasius to the German market continued to rose. Particularly in May, 2019, pangasius export value to this market hiked up: 144,7% compare to the same period in 2018. By the end of May, 2019, the export value of Vietnamese pangasius exported to Germany reached US$14.7 million, up 74.6% compared to the same period in 2018.

(seafood.vasep.com.vn) Pangasius exports in July continued to drop for the fifth consecutive month, down 12.7 percent year-on-year.

CL-FISH CORP., LTD. (CUULONG FISH COMPANY) specializes in farming and processing PANGASIUS FISHES (Basa Bocourti and Tra Pangasius Hypophthalmus Fish). We have over 25 years experiences in farming and we are the famous farm and a leader of farming Basa Pangasius fishes in Vietnam. In the past and up to now we have been farming about over 80,000 tons of Pangasius Fish in the Mekong River at the area located in An Giang province, Mekong Delta, South of Vietnam.

Forbes Vietnam on August 15 organised a ceremony to honour Vietnam’s top 50 listed companies in 2019, which account for 63% percent of total market capitalisation on the HCM and Hanoi stock exchanges in the middle of May. Vinh Hoan named in Forbes’ Top 50 best listed companies in Vietnam in 2019 – This year marked Vinh Hoan’s 6th consecutive year appearing in Forbes’ list since 2014.


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