Pangasius exports to Germany should focus on price and quality: association

Pangasius exports to Germany should focus on price and quality: association

Vietnam's pangasius shipments to Germany fell 43% year-on-year in December 2023 to $1.8 million, so to help the industry bounce back, exporters to this market must focus on both quality and pricing, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese seafood industry looks at H2 recovery amidst export pricing, competition challenges

Vietnamese seafood industry looks at H2 recovery amidst export pricing, competition challenges

The Vietnam Association of Seafood Exporters and Producers (VASEP) expects a second half recovery for the industry, pushing 2024 exports to $10 billion as prices of pangasius and shrimp increase.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Positive outlook for Vietnam seafood industry as demand rises in key markets

Positive outlook for Vietnam seafood industry as demand rises in key markets

With exports for the year estimated at $9-9.3 billion and demand increasing in key markets, things are looking up for Vietnam’s seafood industry, says an industry insider.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Dutch agribusiness giant opens $20.5 mln aqua feed mill in southern Vietnam

Dutch agribusiness giant opens $20.5 mln aqua feed mill in southern Vietnam

Dutch agribusiness De Heus inaugurated Tuesday a new VND500 billion ($20.5 million) aqua feed mill in the Mekong Delta city of Can Tho.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese seafood exporters worried about material shortages

Vietnamese seafood exporters worried about material shortages

Vietnam's seafood exports have shown signs of a recovery in recent months, but processing enterprises are worried about sharp declines in raw materials which will affect their export targets this year.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

'Pangasius queen' Vinh Hoan's Q1 profit down 59% to $9.6 mln

'Pangasius queen' Vinh Hoan's Q1 profit down 59% to $9.6 mln

Vinh Hoan Corporation, Vietnam's leading pangasius fish exporter, reported an after-tax profit of VND225.7 billion ($9.6 million) in the first quarter of 2023, down 59% year-on-year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

'Pangasius queen' Vinh Hoan's 2022 profit up 90% to $85 mln

'Pangasius queen' Vinh Hoan's 2022 profit up 90% to $85 mln

Vinh Hoan Corporation, Vietnam's leading pangasius exporter, reported an after-tax profit of VND2,014 billion ($85.39 million) in 2022, up 90% year-on-year thanks to breakthrough business results in the first half.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese pangasius suppliers strike deals with Europe’s leading frozen foods firm

Vietnamese pangasius suppliers strike deals with Europe’s leading frozen foods firm

Europe’s leading frozen food company, Nomad Foods, has inked new contracts to secure the supply of certified farmed pangasius fish from three Vietnamese firms - Vinh Hoan, VDTG and Godaco Seafood.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Frozen pangasius export turnover to U.S. up 87%

Frozen pangasius export turnover to U.S. up 87%

Vietnam’s tra fish (pangasius) exports to the U.S. fetched $421 million in the first eight months of this year, a year-on-year increase of 87%, according to Vietnam Customs.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Aquatic exports spike 40% in first half

Aquatic exports spike 40% in first half

Vietnam’s aquatic exports grew 40% year-on-year to reach nearly $5.8 billion in the first half of the year, Vietnamese Association of Seafood Exporters and Producers (VASEP) reported.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam pangasius sector enters new development cycle

Vietnam pangasius sector enters new development cycle

Vietnam’s tra fish (pangasius) export revenue expanded about 90% year-on-year in the first six months of the year, signaling a new development period for the sector.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam pangasius exporters see good prospects for sales

Vietnam pangasius exporters see good prospects for sales

Vietnam's pangasius exports in the first quarter of this year rose 89.6% year-on-year to $894 million, accounting for 27% of the country's seafood export value.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7