News

Vinh Hoan Corp’s revenue in May increased by 96% over the same period last year.
08:23 06/28/2022

(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) Navico Corporation (Navico) announced in its business situation in April 2022, with the record revenue of VND 433 billion. The company achieved 164 billion VND in gross profit and 116 billion VND profit after taxes.

(seafood.vasep.com.vn) Currently, there are nearly 30 Vietnamese pangasius enterprises exporting to the Colombian market. However, in the first four months, pangasius exports volume into this market didn’t come up to the expectations of many enterprises.

(seafood.vasep.com.vn) Thanks to high market demand, the total export value of Vietnam pangasius in the first 4 months of 2022 increased by nearly 97% over the same period last year, reaching over US$963 million. This result is giving strength to many Vietnamese pangasius enterprises on the upcoming export journey.

(seafood.vasep.com.vn) The pangasius industry of the southern province of Dong Thap has now expanded its export markets to 134 countries, including high-end markets such as Europe and the US.

(seafood.vasep.com.vn) In this return to the aquatic feed segment, in addition to optimizing profits for pangasius fillets, Vinh Hoan set an ambition to bring pangasius to the Sushi table.

The Food Safety and Inspection Services (FSIS) under the United States Department of Agriculture has recognised six more Vietnamese pangasius processing factories that are eligible to export products to the US, raising the number of establishments to 19, according to the Ministry of Agriculture and Rural Development’s National Agro-Forestry-Fisheries Quality Assurance Department (NAFIQAD).

(seafood.vasep.com.vn) Although Vietnam's pangasius imported into Algeria are not significant yet, they are already favored by many consumers even though the price is as high as that of captured seafood.

(seafood.vasep.com.vn) In the first half of this year, Vietnam frozen pangasius exports to Canada are forecasted to be optimistic and promising to achieve new growth. As of mid-April 2022, the total export value of Vietnam's pangasius to this market reached 17.2 million USD, up 69.4% over the same period last year.

(seafood.vasep.com.vn) At the Annual shareholders meeting of 2021, CL-FISH CORP said, the company had planned to reach net revenue of 1,400 billion VND and profit before tax of 80 billion VND. However, it only achieved 86.6% and 59.7% respectively of the target. The company had also set a target of exporting 17,000 tons of finished pangasius with a total value of 40 million USD, but the actual result in 2021 only achieved 61% and 62.5% of the plan.

(VAN) An Giang province aims to create a breakthrough for the pangasius industry by attracting high-tech investment in production and processing.

(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) Cuu Long Fish Joint Stock Company (CL-FISH CORP) reported a net profit of nearly 6 times that of the same period last year, at VND 71 billion.

(seafood.vasep.com.vn) The total export value of Vietnam pangasius in the first quarter of 2022 increased by nearly 90% compared to the same period last year. In most major import markets, pangasius export value is growing positively by two to three digits.


SPECIALIST ON
PANGASIUS MARKET

Ms Ta Ha

Email: taha@vasep.com.vn

Tel: +84.24.3771.5055 (ext. 214)

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