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Mekong Fisheries Joint Stock Company (HoSE: AAM) announced that the revenue in the second quarter of this year reached VND 49.6 billion, down 4% over the same period in 2018. Profit before tax was estimated at VND 4.6 billion, up 3.2% over the same period. Profit after tax was VND 3.7 billion, down 5.3% over the same period in 2018. Low profit is mainly due to high cost of goods sold, accounting for 88% of company's revenue.

(seafood.vasep.com.vn) The export value of Vietnamese pangasius from March to June 2019 declined from 6% to 17.6% compared to the same period in 2018. By the end of June 2019, the total export value of pangasius reached US$961.6 million, decreased 4.1% compared to the first half of 2018. Exports to the US, Brazil and Colombia markets reduced, thus affecting the overall growth rate. It is forecasted that in the third quater, pangasius exports might grow again, however, the growth rate might not exceed 15% compared to the same period in 2018.

Cuu Long Fish Corp., Ltd (HoSE: ACL) has just released its Q2/2019 financial statement to record 817 billion VND of net revenue and 126.7 billion VND of pre-tax profit, increasing 13,3% and 120% respectively over the same period in 2018. Net profit after tax earned 113 billion, 2.2 times higher than the same period in 2018.

Nam Viet Corporation (HoSE: ANV) has just announced Q2/2019 consolidated financial statements with strong growth in revenue and profit over the same period in 2018.

(seafood.vasep.com.vn) Although pangasius exports to the German market decreased following the general trend of the EU region for more than 10 years from 2008 to 2018, but in recent years, especially in the first 5 months of 2019, the export value of pangasius to the German market continued to rose. Particularly in May, 2019, pangasius export value to this market hiked up: 144,7% compare to the same period in 2018. By the end of May, 2019, the export value of Vietnamese pangasius exported to Germany reached US$14.7 million, up 74.6% compared to the same period in 2018.

(seafood.vasep.com.vn) Pangasius exports in July continued to drop for the fifth consecutive month, down 12.7 percent year-on-year.

CL-FISH CORP., LTD. (CUULONG FISH COMPANY) specializes in farming and processing PANGASIUS FISHES (Basa Bocourti and Tra Pangasius Hypophthalmus Fish). We have over 25 years experiences in farming and we are the famous farm and a leader of farming Basa Pangasius fishes in Vietnam. In the past and up to now we have been farming about over 80,000 tons of Pangasius Fish in the Mekong River at the area located in An Giang province, Mekong Delta, South of Vietnam.

Forbes Vietnam on August 15 organised a ceremony to honour Vietnam’s top 50 listed companies in 2019, which account for 63% percent of total market capitalisation on the HCM and Hanoi stock exchanges in the middle of May. Vinh Hoan named in Forbes’ Top 50 best listed companies in Vietnam in 2019 – This year marked Vinh Hoan’s 6th consecutive year appearing in Forbes’ list since 2014.

Cafatex Corporation is a large-scale company about production and exporting seafood from Vietnam. Cafatex had 20 year-experiences in seafood business (since 1992). We are a big exporter in production with biggest turnover of Vietnam from 1997 to 2000 (continously in 4 years), the highest turnover reaches 100 milions USD per year.

(seafood.vasep.com.vn) In the first 5 months of 2019, pangasius exports to ASEAN market reached US$87.3 million, up 14.6% over the same period in 2018. According to many businesses, ASEAN is a market that needs to be paid attention in the coming time.

(seafood.vasep.com.vn) In May 2019, Pangasius exports to EU market continued to increase nearly 18% compared to the same period in 2018. By the end of May, 2019, the total export value of pangasius to this market reached US$118.7 million, up 29.8%, accounting for 15% of total export value of pangasius. Particularly, exports to the UK and Germany continued to grow positively from 2 - 3 digits compared to the same period in 2018.

Hoa Phat Seafood Import – Export and Processing Joint Stock Company (HOPHAFISH) is located in Binh Long I.D.Z, Chau Phu Dist., An Giang Province, Vietnam. HOPHAFISH has completely new, modern and totally equipped facilities. There are nine IQF conveyors with the ability to transport 9000 kgs per hour; four contact-freezers that can freeze up to 3000 kgs fish per hour, and the cold-room that has the capacity to contain 4000 pallets of fish.

Established in the year 2000, Nam Viet Corporation (NAVICO) is one of the largest and most reputation Pangasius and Tilapia producers & exporters in Vietnam. These products are also well known as Basa or Pangasius hypophthalmus, and Tilapia with scientific name of Oreochromis niloticus, Tilapia nilotica, Oreochromis mossambicus, Tilapia mossambica, Oreochromis sp, Tilapia sp.

Indonesia is increasingly viewing the Middle East as a lucrative potential market for the country's pangasius and is showing intentions of competing with Vietnam in this region, said Vietnam Association of Seafood Exporters and Producers (VASEP).

(seafood.vasep.com.vn) As of the first half of May, 2019, Pangasius export value to EU market reached US$105.2 million, up 31.5% over the same period in 2018. In particular, exports to the four largest single importers all went up. The Netherlands increased by 12.2%; England climbed by 59.4%; Germany lifted by 61.6% and Belgium increased 63.8% over the same period last year. Thus, from the beginning of 2019, pangasius exports to EU has shown signs of clear growth after a long period of continuous decline.


SPECIALIST ON
PANGASIUS MARKET

Ms Ta Ha

Email: taha@vasep.com.vn

Tel: +84.24.3771.5055 (ext. 214)

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