Update: (12/6/2017)
Vietnamese National Assembly has passed the revised Law on Fisheries, including new features to strengthen illegal unreported unregulated (IUU) fishing fight and help the country gain the removal of the yellow card from the European Union.
Update: (11/18/2017)
As of July 2017, Vietnam’s shrimp exports amounted to US$1.9 billion, up 18.5% over the same period last year. Shipments to top 8 leading markets witnessed the good growth, except for the U.S (-5.5%).
Update: (11/1/2017)
In August 2017, Vietnam’s pangasius export value to China was double that to the U.S. Thus, China - Hong Kong became the largest importer of Vietnam pangasius in the first 8 months of this year with the value of US$247.4 million, accounting for 21.3% of the total export value, up 43.9% over the same period last year.
Update: (10/13/2017)
South Korea continues to be the Number 1 importer of squid and octopus from Vietnam, accounting for 34 per cent of total exports, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Update: (10/13/2017)
According to information from a businessman attending global seafood conference in Bali, Indonesia, seafood import market will move toward Asian region comprising Japan, South Korea and China in the near future.
Update: (10/4/2017)
The VietNam Association of Seafood Exporters and Producers (VASEP) Marine Product Committee and Vietnamese seafood processors and exporters have promised to implement the EU’s demands on fighting illegal, unreported and unregulated (IUU) fishing and the national action plan to combat it.
Update: (9/6/2017)
A stronger marketing strategy coupled with substantial improvement in tra fish quality is needed to bolster the export of the fish as rough seas are still ahead for this product experts said
Update: (9/1/2017)
While Vietnamese pangasius raw material prices are rising, border inspections and associated costs are adding up on the US side, pushing prices up, sources told Undercurrent News.
Update: (8/28/2017)
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnam’s pangasius fish exports to the US decreased in the first quarter of 2017 due to lack of raw materials, but recovered in the second quarter with an increase of 8.4% due to increase in demand and raw material supply.
Update: (8/10/2017)
Twenty leading Vietnamese pangasius exporters have decided to set a market development fund to cope with the public relation crisis in the European Union (EU), which has negatively affected Vietnam’s tra fish sales there this year.
Update: (8/7/2017)
Australia is a potential market of Vietnam thanks to high demand for shrimp. From 2007 to 2011, Vietnam’s shrimp exports to Australia ranged from US$60 to US$86 million.
Update: (7/28/2017)
In the first four months of 2017, Vietnam’s exports of processed pangasius to the EU posted a sharp year-on-year increase of 89.5%. Of that, shipments of processed pangasius (HS code 16) to Spain increased by more than 1,096% and those to the Netherlands rose by 228.3% over the same period in 2016. In order to keep this growth, Vietnamese enterprises have to change their strategies, which will be towards increasing exports of high quality products and raise their products to the EU.
Update: (7/19/2017)
Vietnam’s fishery output in the first half of this year reached 1.6 million tonnes, up 4.8 percent against the same period last year and fulfilling 54.8 percent of the yearly target.
Update: (7/17/2017)
The Ministry of Agriculture and Rural Development plans to organize a fair for Vietnam’s tra fish (pangasius) and seafood in Hanoi in October in an effort to promote their sales in the country’s northern market, and expand exports, especially to China.
Update: (7/3/2017)
Accurate and detailed information about the production and trade of Vietnam’s tra fish was provided to the Spanish press at a press conference held in the Vietnamese Embassy in Spain on May 25.
Update: (6/23/2017)
Central coastal province of Phu Yen has implemented a combined shrimp breeding model, which is offering good yields and helping to minimise pollution.
Update: (6/9/2017)
According to the ITC, in 2012, Saudi Arabia imported only 192 MT of frozen pangasius (HS 030324) with the value of about US$365,000. After five years, Vietnam’s pangasius exports to Saudi Arabia showed the 57-time increase in volume to hit nearly 11 thousand MT and 49-time rise in value to touch US$17.7 million.
Update: (6/9/2017)
In the first 3 months of 2017, Vietnam’s pangasius exports valued at US$371.3 million, up 1.6% over the same period last year. There was a shift in the importing market structure, in which, exports to China continued to increase by 56.8%.
Update: (5/29/2017)
Accurate and detailed information about the production and trade of Vietnam’s tra fish was provided to the Spanish press at a press conference held in the Vietnamese Embassy in Spain on May 25
Update: (5/26/2017)
VCN- According to the Vietnam Trade Office in Australia, Australia will review the import risk assessments for undercooked shrimp from all countries as well as loosen the temporary ban on some shrimp products.
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