(seafood.vasep.com.vn) BIDV Securities Company (BSC) forecasts that Nam Viet Joint Stock Company's after-tax profit in 2022 will reach 874 billion VND, 5.8 times higher than the export of pangasius and solar power, both growing at double digits.

(seafood.vasep.com.vn) On June 26, 2022, Nhatrang Seafood (F17) inaugurated its high quality shrimp processing factory, located in Ho Phong, Bac Lieu.

(seafood.vasep.com.vn) Similar to the US market, the demand for seafood in EU is recovering after the Covid pandemic. For that reason, despite difficulties such as food inflation, increased freight and high container costs, Vietnamese seafood enterprises are taking advantage of promoting exports to this market. In the context of inflation in overall price, the EVFTA is a beneficial factor boosting exports to EU. Vietnam seafood exports to the EU in the first 5 months of this year also recorded a high growth of 45%, reaching nearly 562 million USD.

(seafood.vasep.com.vn) In May 2022, total export value of Vietnamese marine products reached nearly 358 million USD, increased by 22% year-on-year. In the first five months, Vietnam’s total marine product exports reached nearly 1,7 billion USD. Up to now, marine products exports accounts for 35% of the total seafood export value of the country.

(seafood.vasep.com.vn) VINH HOAN CORP (HOSE: VHC) has just announced its revenue in May (including Sa Giang company) which reached 1.508 billion VND, an increase of 96% compared to the same period last year and a slight drop of 8% from the previous month.

(seafood.vasep.com.vn) Vietnam’s pangasius export price to the US reached 4.5 USD/kg, the highest ever. Besides the scarcity of supply during two years of Covid-19, the temporary suspension of seafood imports from Russia by the US and Europe is creating a “golden opportunity” for Vietnamese pangasius products to increase market share in these two markets.

(seafood.vasep.com.vn) BIDV Securities Company (BSC) forecasted that Nam Viet Joint Stock Company (ANV)’s business results in the coming time will continue to be satisfactory thanks to the good signals in the US and China markets.

(seafood.vasep.com.vn) In May 2022, Vietnam's shrimp export turnover reached 457 million USD, an increase of 31% compared to the same period last year. Accumulating the first five months of 2022, Vietnam's shrimp export turnover went up 41% in comparison to the same period last year, to 1.9 billion USD. In May, the growth rate of Vietnam's shrimp exports to the US slowed down while exports to China went up.

(seafood.vasep.com.vn) Sao Ta Food Joint Stock Company (FIMEX VN) revealed that the shrimp aquaculture this year encountered some difficulties due to the pandemic, however, the positive outcomes had resulted in the reduction of cost and an increase in profit for the second quarter of the year.

(seafood.vasep.com.vn) From June 12 to June 17, 2022, the VASEP’s IUU Working Group hold a dialogue program with the Sub-Department of Fisheries, fishing ports, fishermen and businesses of Binh Dinh, Phu Yen and Khanh Hoa on fighting IUU fishing.