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Pangasius

(seafood.vasep.comvn) In the first eight months of 2025, Vietnam's pangasius exports reached $1.4 billion, a 10% increase compared to the same period in 2024, reinforcing its role as one of the country’s key seafood sectors. The HS03 product group (fresh/frozen/dried) contributed $1.383 billion, accounting for nearly 98% of the total pangasius export value. Among these, frozen pangasius fillets (HS0304) generated over $1.1 billion, up 11% from the previous year, continuing to be the mainstay product. Notably, processed products (HS16) reached $36 million with an impressive 32% growth compared to the same period in 2024, signaling positive developments in diversifying value-added products.

(seafood.vasep.com.vn) According to the latest Vietnam Customs data, pangasius exports in August 2025 reached $200 million, reflecting a 5% increase compared to August 2024. Cumulatively, pangasius exports for the first 8 months of 2025 totaled over $1.4 billion, achieving a positive growth of 10% year-on-year. Several key markets continued to show positive developments.

(seafood.vasep.com.vn) In the first seven months of 2025, Vietnam's pangasius exports recorded positive growth amid global trade fluctuations. According to data from Vietnam Customs, pangasius export turnover reached over $1.2 billion, an 11% increase compared to the same period in 2024. This figure highlights the industry's resilience in the face of challenges from international markets and policies.

(seafood.vasep.com.vn) In recent years, Dong Thap’s pangasius sector has affirmed its strong position in both the Mekong Delta region and the whole country, with export turnover increasing year after year. The province has been restructuring the pangasius industry, focusing on effective water environment monitoring, as well as digital transformation in the management and operation of the sector.

(seafood.vasep.com) According to the General Department of Vietnam Customs, pangasius exports in the first half of June 2025 reached 86 million USD, up 6% year-on-year. As of June 15th 2025, cumulative pangasius export value stood at 911 million USD, marking an 11% increase compared to the same period in 2024.

(seafood.vasep.com.vn) over the past two decades, the Vietnam's pangasius industry has firmly established an undeniable position in the global market. With export revenues consistently surpassing 2 billion USD annually, pangasius has played a key role in elevating Vietnam to the ranks of leading seafood-exporting nations. However, the value chain of Vietnamese pangasius still heavily relies on low value-added primary processed products, most notably frozen fillets under HS code 0304.

Seven Vietnamese pangasius exporters have been granted a 0 per cent anti-dumping duty, an increase of six companies compared to the previous review

(seafood.vasep.com.vn) In the context of uncertainty about reciprocal taxes from the US, many Vietnam's pangasius exporters have prepared in advance, not only in terms of business scenarios but also in terms of market sentiment. Despite facing reciprocal taxes, some experts and leading business leaders in the industry believe that... American consumers still will not turn their backs on pangasius.

(seafood.vasep.com.vn) In pangasius industry, processing by-product are becoming a significant source of added value. A representative of Vinh Hoan stated that Producing collagen and gelatin from fish skin helps the company maximize utilization, both reduce costs and expand its product range into functional foods and cosmetics.

(seafood.vasep.com.vn) After a sluggish period in 2023, Vietnam's pangasius exports to the European Union (EU) market have shown positive signs in the first four months of 2025. According to data from Vietnam Customs, pangasius exports to the EU reached USD 61 million during this period, marking a 9% increase compared to the same period last year. While this is an encouraging signal, much of the growth stems from a few individual markets, whereas many other countries continue to record a decline in imports.

The People’s Committee of Dong Thap Province has officially approved the “Management Plan for Commercial Pangasius Farming Zones through 2030, with Vision to 2050.” The plan aims to optimize the utilization of land, technology, and resources; promote sustainable development; adapt to climate change; and enhance the value-added of pangasius products - thereby improving farmers’ income and facilitating the structural transformation of the agricultural sector.

(seafood.vasep.com.vn) According to data from Vietnam Customs, in March 2025, Vietnam’s pangasius exports reached USD 182 million, up 21% from the previous month and 16% year-on-year. Robust demand from Vietnam’s two key export destinations - the United States and China - continues to play a pivotal role in driving the outbound flow of pangasius products beyond national borders.

(seafood.vasep.com.vn) A total of 40 finalists have been selected for the Seafood Excellence Global Awards 2025, to be held during the Seafood Expo Global in Barcelona, Spain, from May 6 to 8, 2025.

As of March and the first quarter of 2025, the fisheries sector has recorded positive growth in both aquaculture and capture fisheries.

In February 2025, the total aquaculture area across Vinh Long Province reached 1,987 hectares, of which 298.6 hectares were dedicated to industrial pangasius farming.

The US is the top import market for Vietnamese shrimp and tuna and ranks as the second largest for pangasius (tra fish).

Vietnam’s pangasius industry is poised for a promising outlook in 2025, driven by rising export demand. According to a Rabobank report, pangasius is among the fastest-growing seafood species, with global production projected to increase by 7% year-over-year, reaffirming Vietnam's position as the world's largest producer.

According to the Board of Directors' report, IDI successfully maintained its traditional customer base in 2024 while expanding into high-potential markets, particularly the United States, benefiting from a significant reduction in anti-dumping duties.

Currently, many households in the suburbs of Ca Mau City are implementing a fairly effective pangasius farming model, bringing in a stable source of income. Unlike the industrial scale in other provinces in the region, the pangasius farming model here is quite simple, low-cost, and is considered a promising direction for farmers.

Vĩnh Hoàn Corporation (stock code: VHC – HoSE) has outlined an ambitious business plan for 2025, targeting revenue of VND 13,800 billion (up 10.3% from 2024) and after-tax profit of VND 1,500 billion (up 22.3%). This follows a successful 2024, where the company recorded revenue of VND 12,513 billion (exceeding 109% of the plan) and after-tax profit of VND 1,226 billion (surpassing 123% of the VND 1,000 billion profit target). The 2025 Annual General Meeting of Shareholders is scheduled for April 24 in Ho Chi Minh City to discuss these plans.