(seafood.vasep.com.vn) China is still a large importing market for Vietnamese seafood, but the recovery forecasts for 2022 are not enough to make a statement of growth with certainty.

(seafood.vasep.com.vn) After the turbulent year of 2021, Vietnamese exports of tuna to the EU have burgeoned during the first months of 2022. Robust y-o-y growth of 82% signals a promising year for Vietnamese exporters to this market.

(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) Russia's military campaign in Ukraine is having a comprehensive and profound impact on the world tuna market, affecting production and export activities of countries, including Vietnam.

According to the Ministry of Agriculture and Rural Development (MARD), the Russia-Ukraine tension causes Vietnam’s agricultural trade with Russia and Ukraine to be significantly reduced.

(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) After a continuous decline in 2021, Vietnam's tuna exports to Peru spiked in January 2022, with a rate of 2,290% over the same period in 2021.

(seafood.vasep.com.vn) Vietnam's seafood export has had an impressive year with an increase of 6% compared to 2020, reaching nearly 9 billion USD. In which, the shrimp industry accounted for nearly 45% and the pangasius industry accounted for 18%, reaching $3.9 billion and $1.6 billion respectively. Regarding the general business activities, enterprises in the industry can be divided into two prominent directions: one is to reverse the current to recover strongly; the second is continuing the downward trend due to the inability to control rising costs.