(seafood.vasep.com.vn) Despite the slowdown in growth rate, Vietnam seafood exports in June 2022 still brought in over 1 billion USD, equivalent to May 2022 and up by 23% over the same period last year. Thus, in the second quarter of 2022, the country's seafood exports recorded sales of over 3.2 billion USD, nearly 36% higher than 2.4 billion USD in the same period in 2021.

(seafood.vasep.com.vn) In recent years, the fishery economy has been invested and exploited effectively by Ben Tre province, making an important contribution to the overall economic growth of this province.

(seafood.vasep.vn.com) In the first 5 months of 2022, Vietnam’s seafood exports to the US reached nearly 1.1 billion USD, an increase of 65% compared to the same period last year. Vietnam seafood exports to this market is expected to gain 2.4 - 2.5 billion USD in 2022 , going up by 25% compared to 2021.

(seafood.vasep.com.vn) On June 22, 2022, the Vietnam Association of Seafood Exporter and Producer (VASEP) held the 2022 annual General conference among its members in Ho Chi Minh city with more than 250 attendees. The conference was very honored to had Mr. Le Minh Hoan, the Minister of Agriculture and Rural Development; Ms. Nguyen Thi Hong Minh, the former Vietnam Deputy Minister of Fisheries, and also the Honorary President of VASEP; Mr. Tran Dinh Luan, the Director General of the Directorate of Fisheries; the representative of the Ministry of Agriculture and Rural Development in Ho Chi Minh City office; Mr.Nguyen Nhu Tiep, the Director of Nafiqad Department; Mr. Nhu Van Can, the Director of Aquaculture Department; representative of the Ministry of Home Affairs; representative of Trade Promotion Department, Ministry of Industry and Trade.

(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.