Jan – Mar 2011: Seafood export up 27.5 percent

In Q1/2011, Viet Nam exported more than 294,572 MT of seafood, worthy nearly US$ 1.15 billion, up 8.9% in volumue and 27.5% in value over the same period of 2010. 

In March alone, export reached 117,497MT, totaled US$459.4 million, up 27.2 percent in value year on year.

High growth rate was reported in the US (46 percent in value over Q1/2010) and to EU (23.8 percent). Export to Japan, however, Read more of this post

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Vietnam producers see rising sales, dwindling profits

Vietnam’s seafood exporters are seeing a worrying trend: higher revenues offset by higher costs. The Vietnam Ministry of Agriculture and Rural Development released figures from the first quarter of 2011 that showed export revenues were up by 22 percent to $1.1 billion (€687 million), but profit was hard to come by, the Saigon Daily reported. Read more of this post

High interest rates hit pangasius farmers

High bank interest rates have cut heavily into the profits of tra catfish farmers in the Mekong Delta.

Tra fish prices are VND24,000-25,000 per kilo and VND23,000-24,000 per kilo for white and yellow flesh respectively. Read more of this post

Raise the export price for pangasius

Mr. Duong Quoc Nghia, Chairman of Dong Thap Association of Seafood Farmers and Producers said currently export markets of pangasius are positive and local enterprises are raising the price for this item.

A representative of pangasius export company in My Quy Industrial Zone, after Lunar New Year 2011, foreign clients order so much although the export price up from 2.7 USD per kg to 3 USD per kg. Read more of this post

Mekong Delta raises tra fish export revenue

The Mekong Delta plans to export 600,000-650,000 tonnes of tra fish for 1.55 billion USD in 2011, 150 million USD more than last year’s figure.

Additional 6,000-6,300 ha of water surface in the Mekong delta, mainly in Dong Thap, An Giang, Ben Tre and Can Tho City, will be marked out for tra fish raising in order to increase its output to 1.3 million tonnes. Read more of this post

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