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pangasius

(seafood.vasep.com.vn) Navico has officially signed a cooperation agreement to consume fish products with the retail chain Bach Hoa Xanh. This move is expected to help Navico increase sales in the domestic market, and help Bach Hoa Xanh diversify its fresh product portfolio.

(seafood.vasep.com.vn) The average price of Vietnamese pangasius exports to the Chinese market decreased by 10% over the same period last year, from $2.42/kg in 2022 to $2.19/kg. The two main product lines exported to China are frozen pangasius fillets and cuts (HS code 0304) accounting for 68% of the value with more than 91 million USD, down 32% over the same period last year and fresh pangasius/ frozen/dried whole, cut into pieces (except fish under code 0304) accounted for 32% with nearly 42 million USD, up 7% over the same period in 2022.

(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) In the last week of April 2022, 28 seafood enterprises, including 9 pangasius exporters set out to attend the 2022 Seafood Expo Global in Barcelona (Fira Barcelona Gran Via, Spain). This is an opportunity for pangasius enterprises to directly meet customers from countries around the world and the EU after more than 3 years of Covid-19 disrupting the seafood trade.

(seafood.vasep.com.vn) On March 21, 2022, Federal Register issued an announcement of the US Department of Commerce about the final results of the administrative review of anti-dumping tax (POR17) on frozen pangasius imported from Vietnam in the period from August 1, 2019 to July 31, 2020. During this review, NTSF SEAFOOD enjoys a 0% anti-dumping tax when exporting frozen pangasius fillets to the US.

(seafood.vasep.com.vn) In the first two months of 2022, Vietnam seafood exports to China & Hong Kong nearly doubled over the same period last year, reaching 170 million USD. In which, pangasius was the most breakthrough, increased by 240%, crabs increased by 198%, cephalopod increased by 146%.

(seafood.vasep.com.vn) After two consecutive years of decline in pangasius exports to the EU, the number of Vietnamese enterprises getting away from this market has upsurged. Even before the outbreak of Covid-19 in the EU, this market did not seem promising as exports fell to negative levels for several months in a row. However, a positive outlook for trade with this market starting is ahead for 2022.

(seafood.vasep.com.vn) VDSC Securities Company predicts that both revenue and profit in the third quarter of Vinh Hoan Joint Stock Company will grow by double digits compared to the same period last year. In which, revenue from pangasius fillet segment (which contributes over 67% of total revenue) increased strongly thanks to the average selling price and recovery in volume.

(seafood.vasep.com.vn) The 4th Covid wave broke out strongly in Ho Chi Minh City and 18 provinces and cities - key seafood processing and export areas of Vietnam, causing a sharp drop in export turnover to many major markets in August 2021. However, in this dark picture at this stressful Covid period, there are still small bright spots in some niche markets such as Mexico and many others.

The US Department of Commerce (DOC) has announced the preliminary results of the 17th period of review (POR17) for the period from August 1, 2019 to July 31, 2020, regarding Vietnam’s tra and basa fish (pangasius) exported to the US.

(seafood.vasep.com.vn) In the first half of this year, while exporting pangasius to the EU and China was difficult, Vietnamese pangasius enterprises boosted exports to other potential markets, including Brazil. As of the first half of July 2021, the total value of pangasius exports to Brazil reached 35.5 million USD, up 86.8% over the same period last year.

(seafood.vasep.com) Since 2019, in the Mekong Delta, the pangasius farming area has been standardized, located and issued codes for each pond, ensuring traceability. Quality and output will be strictly controlled to ensure food safety to build the reputation of the pangasius brand for sustainable development.

(seafood.vasep.com.vn) After increasing 22% to 749 million USD in April 2021, Vietnam's seafood export continued to recover with a more optimistic increase in May, up 24% to nearly 790 million USD. . Accordingly, the cumulative export results in the first 5 months of the year were also better, up 14% to reach USD 3.27 billion.

(seafood.vasep.com.vn) In the first three months of this year, Vientnam pangasius exports to the Russian market grew at a triple-digit rate compared to the same period last year. Exports to many major export markets have also begun to recover, notably in March 2021, the value of pangasius exports to China - Hong Kong market increased by 28% over the same period last year.

Cambodia's Ministry of Agriculture, Forestry, and Fisheries has decided to lift ban on four species of catfish imports from neighboring countries, including Viet Nam.

(vasep.com.vn) After increasing by 23.4% in January 2021, reaching 606 million USD, with positive signals from pangasius, sea fish products (except tuna), whiteleg shrimp ... and exports to some key markets such as the US, Japan, Australia, Mexico, Taiwan, Brazil rose sharply, Vietnam seafood exports in February 2021 fell 19% compared to the same period in 2020, estimated at over 405 million dollars. This negative growth is due to the fact that February this year coincides with the Lunar New Year holiday, therefore the production, fishing and processing time is less than in February 2020. Thus, accumulated to the end of February 2021, seafood exports reached over 1 billion USD, up by 2.2%.

(seafood.vasep.com.vn) According to Customs statistics, in January 2021, Vietnam's seafood exports reached over 606 million USD, up by 23.4% over the same period last year. One of the reasons for the increase in exports is the period of the Lunar New Year holiday coincided in January 2020. However, the 23.4% growth rate is considered a positive signal for Vietnam's seafood exports, which is reflected in the increase in export of pangasius (+ 21.7%), other marine fish (+ 46%), whiteleg shrimp (32.5%), and bivalve mollusk (+43%).

Farmers in the Mekong Delta province of Tien Giang are raising the fry of high - value aquatic species on an area of more than 6,000ha this year, up marginally from last year, according to the province’s Department of Agriculture and Rural Development.

In the midst of the Covid-19 epidemic, Vietnam's tuna exports to Canada in the first 11 months of 2020 still increased by 25% over the same period. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), effective from January 14, 2019, has created leverage for tuna exports to this market.