Toan Dao has written about Vietnam’s business community, with a focus on energy and agriculture, for a number of Vietnamese and international outlets for more than 10 years. As a contributing editor for SeafoodSource in Southeast Asia, he also covers other major seafood producers in the region including Indonesia and Thailand.
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China has dropped its policy of banning shipments from Vietnamese seafood companies if their products are found to be contaminated with COVID-19 ...
Photo courtesy of Nguyen Quang Ngoc
… Read MoreThe growth of Vietnam's seafood export trade is beginning to slow due to the impact of a global inflationary cycle.
The value of Vietnam's seafood exports in June was lower than in the previous three months of 2022, in line with previous warnings made by local industry players, who predicted lower demand for seafood in major global markets due to inflation. Many of those same executives have warned of increased challenges for the
… Read MoreVietnam’s leading pangasius company Vinh Hoan saw its sales value drop in June as sales to the U.S., its largest market, went down sharply compared to May, according to the company’s latest update.
Vinh Hoan exported seafood products worth …
Photo courtesy of Vinh
… Read MoreSingapore-based aquaculture service provider Blue Aqua International announced on 12 July Oman-based Muscat Investment House will invest SGD 8.8 million (USD 6.25 million, EUR 6.23 million) in its subsidiary, Blue Aqua Singapore …
Photo courtesy of Blue
… Read MoreVinh Hoan, will invest an additional VND 50 billion (USD 2.14 million, EUR 2.11 million) in its subsidiary Vinh Hoan Fish Hatchery Co.
The latest capital contribution raised Vinh Hoan Fish Hatchery’s total chartered capital to VND 148 billion (USD 6.33 million, EUR 6.26 million), with Vinh Hoan holding a 98 percent stake in it …
Photo courtesy of Vinh
… Read MoreAquaculture disease management and dynamic dosing expert Aqua Pharma and microbial fingerprinting firm Kytos have announced a plan to jointly develop Seatru – a new service platform that will provide shrimp farmers with practical microbial control through precise dosing recommendations …
Photo courtesy of Kytos, Aqua Pharma, and
… Read MoreVietnam Association of Seafood Exporters and Producers (VASEP) has expressed concern Vietnam’s tuna exports will be impacted if the U.S. decides to drop its tariffs on tuna from China.
U.S. business groups, including the National Retail Federation (NRF) and the National Fisheries Institute (NFI), are pressurizing U.S. President Joe Biden to roll back some of the tariffs levied on Chinese goods during the administration
… Read MoreAmersfoort, The Netherlands-based animal nutrition company Nutreco will take full ownership of Indian aquaculture technology firm Eruvaka, it said on 30 June. Nutreco previously purchased a 25 percent stake in Eruvaka in 2018 ...
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… Read MoreVietnam will earn an estimated USD 2.6 billion (EUR 2.47 billion) from its pangasius exports in 2022 due to high demand in its major markets, according to forecasts from the Vietnam Association of Seafood Exporters and Producers (VASEP) …
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… Read MoreMinh Phu Seafood CEO Le Van Quang is warning Vietnam’s shrimp industry that it faces a difficult rest of 2022.
Minh Phu is Vietnam’s top shrimp exporter, having earned USD 648.7 million (EUR 567 million) via its shrimp exports in 2021, an increase of 10 percent from 2020.
At Minh Phu’s annual stakeholders meeting on 24 June, Quang said high inflation, a worsening situation when it comes to shrimp diseases, bad weather
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