Toan Dao

Contributing Editor reporting from Hanoi, Vietnam

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.


Author Archive

Published on
July 1, 2022

Vietnam 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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Published on
June 30, 2022

Minh 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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Published on
June 30, 2022

Vietnam’s Nha Trang Seafood has opened a new shrimp processing factory in the Mekong Delta, joining other producers that are expanding processing capacity.

The new plant is located in Bac Lieu Province, and cost VND 400 billion (USD 17.2 million, EUR 16.3 million) to build

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Published on
June 30, 2022

Vietnam seafood exports to the European Union rose again in May, achieving year-on-year growth for the fourth straight month.

The country exported seafood worth nearly USD 140 million (EUR 132.2 million) to the E.U. in May, a higher total than in each of the previous three months …

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Published on
June 29, 2022

As many as half of Vietnam’s fishing boats are stranded ashore due to rising fuel costs, according to the country’s ministry of agriculture and rural development.

In a 24 June letter, the agriculture ministry called on country’s other government ministries to jointly seek support from the central government for affected fishermen.

The country has more than 91,000 fishing vessels, including more than 42,000 boats operating

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Published on
June 28, 2022
Vietnam exported shrimp worth USD 457 million (EUR 431.3 million) in May 2022, an increase of 31 percent year-on-year, with heightened sales to China accounting for much of the improvement. The U.S. remained the largest buyer of shrimp from Vietnam in May, purchasing USD 99 million (EUR 93.4 million) worth of Vietnamese shrimp products in the month, up 2.8 percent from a year ago, but down from the 52 percent growth rate achieved in April.… Read More
Published on
June 27, 2022

Following significant disruptions caused by the COVID-19 pandemic and its impact on global supply chains, shrimp broodstock suppliers have redoubled their focus on the fast-growing shrimp market in Asia, according to Willem van der Pijl, the founder of consultancy Shrimp Insights.

India, Indonesia, Vietnam, and Thailand are major shrimp exporters; and Bangladesh, Sri Lanka, and the Philippines all have smaller but burgeoning shrimp sectors.

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Published on
June 14, 2022

Ocean 14 Capital Fund has signed an agreement to acquire a controlling stake in Singapore-based shrimp genetics company SyAqua from Golden Springs Group. The transaction is worth USD 12 million (EUR 12.5 million), according to Ocean 14, a Luxembourg-headquartered private equity impact investment firm ... 

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Published on
June 14, 2022

A dozen companies and brands have joined Responsible Seafood Sourcing, an initiative under USAID Fish Right formed between the U.S. and the Philippines to promote the growth and sale of sustainable seafood.

Responsible Seafood Sourcing (RSS) is a partnership between the United States Agency for International Development (USAID) and the Philippines Bureau of Fisheries and Aquatic Resources (BFAR), created in 2018 and running through 2023. USAID

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Published on
June 14, 2022

The Filipino tuna-fishing hub of General Santos City is struggling with the rapidly rising cost of diesel fuel, with local fishermen urging the government to assist the industry ... 

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