(seafood.vasep.com.vn) Pangasius, a popular whitefish species favored in many global markets and a signature fish of Vietnam, faces stiff competition from other whitefish varieties such as cod, hake, and tilapia. However, Vietnamese pangasius has emerged as the top choice among whitefish imported by Brazil.

(seafood.vasep.com.vn) Vietnam's shrimp exports accounted for the highest export value among all seafood products in the first nine months of the year, reaching nearly $2.8 billion, a 10.5% increase compared to the same period in 2023.

(seafood.vasep.com.vn) According to the Ben Tre Statistics Department, the province’s aquaculture sector has been relatively stable and has experienced growth recently, particularly due to the high efficiency of intensive shrimp farming models.

(seafood.vasep.com.vn) Vietnamese pangasius exports in September 2024 reached $172 million, a 3% increase compared to September 2023. The total value of pangasius exports by the end of the third quarter of 2024 was $1.5 billion, marking an 8% year-on-year increase.

(seafood.vasep.com.vn) In September 2024, Vietnam pangasius exports to Singapore reached $3 million, marking an 11% decrease compared to the same period in 2023. This marks the fourth consecutive month of negative growth in pangasius exports to this market, following slight increases of 14% and 2% in July and August 2024, respectively. The total value of Vietnamese pangasius exports in the first nine months of this year was $26 million, down 4% compared to the same period last year.

(seafood.vasep.com.vn) In the first nine months of 2024, the fishery production of Soc Trang province has continued to be stable and develop. The farming area and fishery output have increased compared to the same period last year. The consumption of seafood products has generally been favorable.

(seafood.vasep.com.vn) In recent years, Israel has consistently been a top export market for Vietnamese tuna, following the US and EU. Therefore, the recent escalating tension between Israel and Iran is affecting Vietnam's tuna exports to this market. Enterprises are worried about having to halt export orders to this market in the coming months.

(seafood.vasep.com.vn) Vietnam's exports of frozen tuna meat/loin have continuously grown during the first eight months of 2024. Notably, in August 2024, the export value of frozen tuna meat/loins hit a year-to-date high, exceeding $51 million, up 19% compared to the same period.

(seafood.vasep.com.vn) Sao Ta Food Joint Stock Company (Sao Ta) reported that its finished shrimp production in September 2024 reached 2,309 tons; finished shrimp consumption reached 2,638 tons, an increase of 47% over the same period.

(seafood.vasep.com.vn) Among Vietnam's bivalve molluscs exports, clams have emerged as a leading product, accounting for over 52% of the total export value.

(seafood.vasep.com.vn) Vinh Hoan Corp is currently the largest exporter of Vietnamese pangasius fillet to the US, with a market share significantly higher than other listed companies.

(seafood.vasep.com.vn) The rice-shrimp cultivation area of Thoi Binh district in the Mekong Delta province of Ca Mau has received Best Aquaculture Practices' (BAP) certification of the Global Aquaculture Alliance (GAA).

Ho Chi Minh City, Vietnam – October 14, 2024 – The Vietnam Association of Seafood Exporters and Producers (VASEP) proudly reiterates its commitment to sustainable development and responsible practices within the Vietnamese shrimp industry. With over three decades of experience, Vietnam has become a key player in more than 100 international markets, recognized for our high-quality shrimp products and robust traceability protocols.

(seafood.vasep.com.vn) Crab exports in the first nine months surged 66% year-on-year to $227 million, the strongest growth recorded among major fishery products.

(seafood.vasep.com.vn) Vietnam’s fishery exports reached $7.16 billion in the first 9 months of this year, a year-on-year increase of 8.5%, the Vietnam Association of Seafood Exporters and Producers (VASEP) has reported.