Thai Union reported record sales figures in the second quarter of 2022 mainly thanks to higher demand for its petcare and value-added products.
Thai Union’s sales rose 8.5 percent year-on-year to THB 38.9 billion (USD 1.09 billion, EUR 1.07 billion) between April and June 2022, with gains also coming from higher prices and favorable foreign exchange rates, the company reported in its Q2 2022 results, released 8 August.
However, Thai… Read More
Vietnam sold tuna worth nearly USD 3 million (EUR 2.9 million) to France in the first six months, up 203 percent year-on-year, according to Vietnam Association of Seafood Exporters and Producers (VASEP).
The country exported mainly frozen tuna loin, canned tuna, and other processed tuna products to France in the period. VASEP said France also increased imports of tuna from other suppliers such as the Philippines (jumping 442 percent… Read More
Heavy rain, along with the spread of shrimp diseases, have caused damage to more than 1,530 hectares of shrimp farming area in Vietnam’s Mekong Delta province of Tra Vinh in the first seven months of 2022.
This accounted for more than 6 percent of Tra Vinh’s total farming area, which raises both vannamei and black tiger shrimp. As a result of the rains and disease, 3,790 farmers in the province recorded a collective loss of around… Read More
A downturn in June sales marked the first monthly decline Vietnam’s shrimp exports in 2022.
The United States, the top market for Vietnamese shrimp exports, purchased USD 93 million (EUR 91.3 million) in June, down 36 percent from the same month in 2021. That result pulled down its overall June shrimp exports 1 percent year-over-year to ...
Photo courtesy of David Nguyen… Read More
Vietnam’s Ministry of Agriculture and Rural Development has signaled it will remove quarantine regulations for frozen processed seafood products imported to the country for the purpose of reprocessing domestically for export.
A new circular was issued by the ministry 28 July, and will come into force on 11 September, 2022. It is an amendment to a 2016 circular on quarantine regulations requiring almost 100 percent of imported processed… Read More
Vietnamese pangasius companies reported strong growth in the first half of 2022 thanks to high demand in global markets. But rising costs, mainly due to inflation, are making providing local farmers with a tough decision as to when and whether to restock their ponds.
Data from the Vietnam Association of Seafood Exporters and Producers (VASEP) covering the first six months of this year indicates Vietnam exported pangasius worth USD 1.4… Read More
Vietnam-headquartered Minh Phu Seafood and Singapore-based cell-cultured meat and seafood producer Shiok Meats have signed a memorandum to collaborate on research and development
The two companies will establish a joint R&D facility in Vietnam, according to a joint statement released on 27 July.
Based on the MoU, the two sides will continue to discuss the establishment of the joint facility, Minh Phu CEO Le Van Quang told… Read More
GS Engineering and Construction has begun construction on a pilot salmon-farming project in South Korea …
Photo courtesy of GS Engineering and… Read More
Singapore-based aquaculture service provider Blue Aqua International has signed a memorandum of understanding with Fisheries Development Oman (FDO) to develop an aquaculture project in Oman, Blue Aqua has announced.
The agreement aims to strengthen the two companies’ existing relationship, which will take advantage of Blue Aqua’s expertise in shrimp farming technology to support FDO’s shrimp farms in Oman …
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Vietnam's biggest seafood companies saw export values rise in the first six months of this year due to high demand in the global market …
Photo courtesy of Minh… Read More