Pangasius

(seafood.vasep.com.vn) Ms. Nguyen Ngo Vi Tam has been with Vinh Hoan Corp. since 2003, experienced many positions from sales officer, sales manager to deputy general director before being appointed general director in 2016.

(seafood.vasep.com.vn) Vinh Hoan Corp announced February revenue of 1,075 billion VND, increased by 137% compared to the same period last year and 30% compared to last month (including Sa Giang Co., Ltd).

(seafood.vasep.com.vn) After two consecutive years of decline in pangasius exports to the EU, the number of Vietnamese enterprises getting away from this market has upsurged. Even before the outbreak of Covid-19 in the EU, this market did not seem promising as exports fell to negative levels for several months in a row. However, a positive outlook for trade with this market starting is ahead for 2022.

(seafood.vasep.com.vn) Recently, De Heus Co., Ltd (belonging to De Heus Group of the Netherlands) has proposed to invest in an aquaculture value chain development project in Dong Thap province.

(seafood.vasep.com.vn) In 2022, the pangasius industry is expected to produce about 1.6-1.7 million tons of commercial pangasius; Pangasius export turnover reached over 1.6 billion USD. This is the plan said by Mr. Nhu Van Can, Director of the Aquaculture Department, Directorate of Fisheries at the Conference on implementing the development plan of the pangasius industry in 2022 organized by the Ministry of Agriculture and Rural Development in Hanoi. Can Tho on February 25.

(seafood. vasep.com.vn) In 2021, Russia is one of the potential markets, shining in the picture of Vietnam's pangasius exports with a value of 32.5 million USD, up 72.5% compared to in the same period last year. However, starting in 2022, pangasius exports to this market are experiencing problems and contain many uncertainties.

Parallel to the rapid growth of the aquaculture industry, innovation in sustainable practices is focused on farming and processing. Vinh Hoan Corporation, a global pangasius player, has launched several projects which will lay the foundation for its circular economy model to revolutionize and resolve challenges that are present in farmed pangasius

(seafood.vasep.com.vn) On the afternoon of February 11, 2022, Mr. Le Quoc Phong - Member of the Party Central Committee, Secretary of the Dong Thap Provincial Party Committee; Mr. Huynh Minh Tuan - Vice Chairman of Dong Thap Provincial People's Committee and leaders of the Department of Agriculture and Rural Development... visited and shared the production and business situation of Hung Ca Co., Ltd.

(seafood.vasep.com.vn) Vinh Hoan Corp. has just published the January 2020 IR newsletter, recording a 23% increase in total revenue to VND 777 billion. In which, the main product is pangasius fillet, up 11%, reaching VND 489 billion and accounting for more than half of total monthly revenue. The biggest increase was miscellanous with 234%, from 21 billion to 71 billion. A galloping increase was recorded with other products (Value-added products) with 112% to 16 billion dong. The remaining two products also increased by 28% and 19% respectively over the same period in 2021.

(seafood.vasep.com.vn) After a long period of precarious output, prices dropped, recently the price of commercial pangasius has increased. Both enterprises and farmers raising this type of fish in Tien Giang province are excited by the good profit and speed up production.

(seafood.vasep.com.vn) On January 29, Head of Trade at the Vietnamese Embassy in Pakistan Nguyen Thi Diep Ha personally made deep-fried basa fish to introduce at the ASEAN Food Festival 2022 (Charity Bingo 2022) organized by the Women's Union of ASEAN countries and the Ministry of Foreign Affairs of Pakistan held in Karachi city.

(vasep.com.vn) 2021 is a difficult year for Vietnamese pangasius exporters. Covid-19 has attacked, making farming, transportation and export activities difficult. However, the whole year pangasius export value still reached 1.61 billion USD, up 8.4% over the previous year. "The difficulty, the wisdom", when exporting pangasius to a number of large markets was congested due to disease inspection and social distancing, businesses have smartly turned to a number of potential markets.

(vasep.com.vn) In November 2021, Vietnam's pangasius exports to China - Hong Kong market doubled from the previous month and increased by 17.4% over the same period in 2020. Thus, after three unstable quarters, in the last quarter of the year, exports to this market showed signs of positive growth.

(seafood.vasep.com.vn) The 11-month report of Vinh Hoan Seafood Corp shows that export growth is very good, mainly thanks to the US market. Vinh Hoan's 11-month report shows that, in November 2021, the parent company's export revenue (excluding Sa Giang) reached VND 912 billion, an increase of 38% over the same period last year and an increase of 17% compared to October 2021. This is also the month with the highest export revenue of Vinh Hoan since the beginning of the year.

With the optimistic business results in 2021, Vinh Hoan Corp expects that 2022 will be a year where the company shows its strength and continues to maintain its leading position in the pangasius export industry in Vietnam.


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