(seafood.vasep.com.vn) Although the US economy grew more than expected in the last quarter of 2022, consumer demand in the US consumer group remained low. This also shows that the economic recession is still a big risk in 2023. And this will definitely affect Vietnam's tuna exports to the US.

(seafood.vasep.com.vn) Although in the last quarter of 2022, Vietnam's pangasius exports fell to the lowest level of the year with 475 million USD, down 12% compared to the same period in 2021 due to the impact of inflation. However, compared to other seafood sectors, pangasius still has a better prospect in 2023, thanks to positive signals from two major markets, China and the US.

(vasep.com.vn) Total Vietnam's fishery production (including aquaculture and wild-caught in January 2023 was estimated at 592.1 thousand tons (up 0.2% over the same period in 2022), of which aquaculture production was estimated at 333.7 thousand tons (up 3.5% over the same period in 2022).

(seafood.vasep.com.vn) In January 2023, following the trend of the last quarter of the previous year, Vietnam seafood exports continued to decline deeply. It is estimated that in the first month of the year, seafood exports decreased by 31%, reaching about 600 million USD. In which, pangasius decreased by 50%, shrimp decreased by 46%, tuna decreased by 32%. Only cephalopods and other marine fishes were able to maintain a positive growth of 4% and 6% respectively.

(seafood.vasep.com.vn) After the 2023 Lunar New Year, most workers at producing and processing agricultural and aquatic products factories have returned to work.

(seafood.vasep.com.vn) On the first working day after the Tet holiday, workers of Hung Ca Co.Ltd are busy preparing for an export order of 21 pangasius fillets (equivalent to 400 tons). The company’s leaders are very optimistic about the pangasius exports in the new year. In 2022, the company exports pangasius worthed about 350 million USD.

(seafood.vasep.com.vn) Thanks to the changing market structure and increase in deep processing, FIMEX VN, one of the mainstay shrimp exporters in Mekong Delta recorded high export revenue.

On December 30, 2022, Ministry Of Agriculture and Rural Development issued Circular No. 32/2022/TT-BNNPTNT: Amending circulars on assessment and certification of compliance with food safety regulations of agro-forestry-fishery food manufacturing and trading businesses under the management of ministry of agriculture and rural development.

(seafood.vasep.com.vn) At the meeting to summarize the agricultural sector in 2022 on the afternoon of January 10, the leader of the Department of Agriculture and Rural Development of Soc Trang province, said that the total area of aquaculture in the province reached 75,355 hectares (freshwater, brackish water, salt water ), exceeding 0.47% of the plan (75,000 ha) and increasing 4.28% over the previous year. Total seafood production of Soc Trang province reached 352,763 tons, exceeding 0.22% of the plan (352,000 tons), increasing by 0.6% compared to the previous year (2,121 tons).

(seafood.vasep.com.vn) According to SSI Securities Corporation (SSI), inflation in 2023 continues to be a challenge for Vietnam's seafood industry. In that context, the pangasius industry is expected to prosper when the largest export market, China, has reopened.