Pangasius

(vasep.com.vm) Hung Vuong Corporation (Code: HVG) has completed the public offer 4 million shares of Viet Thang Feed Joint Stock company (VTF), thereby increased its ownership to 75%.

(vasep.com.vn) According to the Vietnam General Customs, the fish exports to the US in the first 10 months of this year reached US$ 273.3 million, down 16.2% from the same period last year.

(vasep.com.vn) The new company, whose charter capital was VND 72 billion, will operate in the field of fish farming and trading.

(vasep.com.vn) Total pangasius exports in Q3/2014 was US$ 452.05 million, up 5.8% year on year. Pangasius exports in the first 9 months of 2014 worth US$ 1.276 billion, up 0.2% year on year. Pangasius is the second most exported seafood, after shrimp, with the proportion of 22% in total seafood export value of Vietnam.

(vasep.com.vn) As of mid-October, total pangasius exports reached US$ 1.353 billion, a slight increase comparing to the same period in 2013.

(vasep.com.vn) Source from TG Corp reveals that in 10 initial months of 2014, the company earned approximately US$ 22 million, up 30% year on year.

(vasep.com.vn) Hung Vuong Corp (HVG) announced its Financial Statement for Q3/2014. Accordingly, the company earned VND 3,859 billion, up 48% year on year. COGS/gross profit was high, gross profit was VND 313.5 billion, up 5.36% year on year.

(vasep.com.vn) According to An Giang Fisheries Import Export Joint Stock Company (Agifish - code: AGF) in Q3/ 2014, the company generated VND 678 billion in net sales, down 19% year on year with net profit of VND 23.5 billion, increased 168% yoy.

(vasep.com.vn) In the first 9 months of 2014, Vietnam’s pangasius exports were US$ 1.276 billion, up 0.2% year on year. Pangasius, accounted for 22 % of total seafood export value of Vietnam, was the second most exported seafood, after shrimp.

(vasep.com.vn) Never has the area of aquaculture in Soc Trang risen as sharply as this year. Reports from People's Committee of Soc Trang reveals that total aquaculture farming area in the province in 2014 was approximately 60,000 hectares, of which brackish water shrimp accounted for over 42,000 hectares.

(vasep.com.vn) Many pangasius enterprises are investing in processing to create products with higher values such as cooking oil, collagen and gelatin to expand the market and reduce dependence on exports.

(vasep.com.vn) On 8th October, Provincial Fisheries Department implemented the training and consultancy plan for Vietnam’s good aquaculture practices (VietGAP). The aim was to certify 2 pangasius farms with total farming area of ​​9 hectares. Annual production of each farm was 1,500 MT and 500 MT.

VASEP Training and Trade Promotion Center (VASEP.PRO) intend to conduct two training courses in sensory evaluation for the two main export seafood subjects including shrimp and pangasius with the teaching and practice guidance of Mr. James Barnett, a leading sensory expert of the United States and a former senior official of the U.S. FDA

(vasep.com.vn) In Canada, among white fish products, Vietnam's pangasius fillet is the most imported and consumed, followed by haddock and cod. Export price of frozen pangasius fillets from Vietnam increased year on year. According to Vietnam General Customs, yearly accumulated pangasius exports to Canada as of 15th September 2014 was US$ 28.9 million, up 4.5% year on year.

(vasep.com.vn) According to Department of Agriculture and Rural Development of Dong Thap, the province made a plan, in which farms for pangasius in 2015 would be 1,500 hectares with production of 370,000 MT and in 2020, the farming area would be 2,000 hectares with production of 500,000 MT.


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