(seafood.vasep .com.vn) The return of Donald Trump to the White House for a second term will bring significant impacts on Vietnam, particularly its pangasius export sector. Trump's economic policies, such as raising import tariffs, reducing corporate income taxes, and attracting foreign direct investment (FDI) back to the US, are expected to directly influence various industries in Vietnam.

(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.

The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.

(seafood.vasep.com.vn) Although Vietnam's pangasius imported into Algeria are not significant yet, they are already favored by many consumers even though the price is as high as that of captured seafood.

(seafood.vasep.com.vn) The total export value of Vietnam pangasius in the first quarter of 2022 increased by nearly 90% compared to the same period last year. In most major import markets, pangasius export value is growing positively by two to three digits.

(seafood.vasep.com.vn) Vietnam's pangasius exports this year have shown a spectacular revival, reaching a turnover of $384.8 million in the first two months of the year, a sharp increase of 93.6% over the same period last year. 

(seafood.vasep.com.vn) Although heavily affected by the COVID-19 pandemic, Vinh Hoan Joint Stock Company (code VHC) - the largest pangasius exporter in Vietnam - still achieved positive business results in 2020. In 2021, with many resources and objective factors, new opportunities are opening up for VHC.