With pangasius exports soaring by 9% to reach nearly US$1.3 billion during the initial eight months of the year, Vietnam is likely to achieve the set target of earning US$2 billion from the export of the fish this year, according to the General Department of Vietnam Customs.

(seafood.vasep.com.vn) Vinh Hoan Corporation (code VHC) has announced its business results for August with revenue of VND1,172 billion, up 5% compared to the previous month and up 31% compared to the same period last year.

(seafood.vasep.com.vn) Besides the main product of frozen Vietnamese pangasius fillets, consumers in many markets around the world also prefer other pangasius products, including frozen butterfly-cut pangasius HS code 03032400.

(seafood.vasep.com.vn) According to Vietnam Customs, in August 2024, Vietnam's pangasius exports to markets reached 191 million USD, an increase of 12% compared to August 2023. Cumulative pangasius exports in the first 8 months of this year reached nearly 1.3 billion USD, an increase of 9% over the same period last year.

(seafoos.vasep.com.vn) Data shows that the export volume of Vinh Hoan Joint Stock Company (Vinh Hoan Seafood, stock code VHC) in the first 7 months of this year accounted for 32% of Vietnam's pangasius exports to the UK.

(seafood.vasep.com.vn) The US Department of Commerce (DOC) has conducted an administrative investigation to review the anti-dumping tax order on frozen pangasius fillets from Vietnam for the review period from August 1, 2022, to July 31, 2023 (POR20)

According to Vietnam Customs, the export of value-added pangasius in the first eight months of 2024 has been evaluated as quite positive, with continuous growth in many major markets such as the United States, CPTPP, and the Netherlands...

(seafood.vasep.com.vn) China and the US are the two largest whitefish import markets in the world. Vietnam is the second largest supplier for both markets (mainly supplying pangasius). Frozen pangasius fillets are still the main product imported from Vietnam by these two countries.

(seafood.vasep.com.vn) Dong Thap is a key region for pangasius farming, boasting the largest production in the Mekong Delta. In the first seven months of 2024, the estimated aquaculture area reached 4,778 hectares, with a harvest yield of 307,336 tons. Of this, the intensive pangasius farming area covered 2,042 hectares, with a harvest of 252,670 tons.

(seafood.vasep.com.vn) According to Vietnam Customs, in the first half of August 2024, Vietnam's pangasius exports to the EU reached nearly 8 million USD, up 57% over the same period. Cumulative pangasius exports to this market as of August 15, 2024, reached 107 million USD, up 0.5% over the same period last year.

(seafood.vasep.com.vn) In July 2024, pangasius exports to the US continued to grow impressively. According to Vietnam Customs, there were nearly US$31 million pangasius exported to the US in July, up 69% over the same period last year. Cumulative pangasius exports to the US in the first 7 months reached more than US$190 million, up 20%.

(seafood.vasep.com.vn) The Board of Directors of International Development & Investment Corporation (IDI) is confident of completing this year's profit plan in the context of gradually recovering demand for pangasius in China and Mexico.

(seafood.vasep.com.vn) With the signs of recovery in pangasius exports, the increase in farming area and output, An Giang's fisheries sector has been actively supporting farmers and businesses to boost production, processing, and consumption in the last months of the year.

8 finalists have been named in the best new seafood product competition to be awarded at Seafood Expo Asia, taking place 4 to 6 September at the Sands Expo and Convention Centre in Singapore.

(seafood.vasep.com.vn) According to Vietnam Customs, in July 2024, Vietnam's pangasius export turnover are more than US$184 million, up 29% compared to July 2023. Cumulative exports in the first 7 months reached over US$1.1 billion, up 9%.