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
April 2, 2026
Vietnamese aquaculture and tech firms are actively deploying AI to modernize practices in the country’s shrimp industry, using data-driven tools to lower production costs and protect margins, especially amid rising electricity and feed prices. Hai Nguyen, the co-founder and farm manager of shrimp company ESG, said at the 2026 VietShrimp Asia and Aquaculture Vietnam show that geopolitical issues have pushed equipment costs up by 25 percent and… Read More
Published on
April 2, 2026
Escalating fuel prices have forced more than 40 percent of Thailand’s commercial fishing vessels to dock, with the National Fisheries Association of Thailand (NFAT) cautioning that the spike in overhead costs has rendered fishing trips financially unsustainable. According to Pattaya Mail, NFAT President Trairerk Muesanthad warned that the Thai seafood market faces a potential supply failure if dockside prices do not rise to offset these costs,… Read More
Published on
March 30, 2026
Vietnamese aquaculture technology firm Otanics is driving its business forward through organic growth and practical solutions. Established in 2020 as a subsidiary of Vietnam’s top shrimp-exporting firm, Minh Phu Seafood, Otanics has become known for Tomota, a digital platform that has gained traction both in Vietnam and abroad. "A few years ago, 'Tomota' was often mistaken for 'Tomato' on Google. Today, a search yields immediate results,"… Read More
Published on
March 26, 2026
Thai Pacific Aquaculture, PC Farm, and Unity Agro all told SeafoodSource at the 2026 VietShrimp Asia and Aquaculture Vietnam show, which took place in Ho Chi Minh City, Vietnam, from 18 to 20 March, that they are looking outside of their domestic market of Thailand to find growth opportunities. More specifically, they said that shrimp genetics, tilapia broodstock, and water treatment solutions all have room to grow in Vietnam’s aquaculture… Read More
Published on
March 24, 2026
Vietnamese aquaculture firm Viet Uc has announced it will soon launch an international shrimp-breeding expansion plan, as the company seeks to leverage its proprietary genetic technology to enter new markets. After more than 20 years of developing high-tech shrimp aquaculture production and molecular genomics systems domestically, the company has announced it is ready to transition into becoming a global player, Viet Uc CEO Ton That De told… Read More
Published on
March 4, 2026
Several of Vietnam’s major shrimp and pangasius companies reported mixed financial results in the fourth quarter of 2025, as a record-breaking export year concluded with mounting pressure from input costs and U.S. trade policies. Their results were released after the country announced in January that its seafood exports reached an all-time high of nearly USD 11.3 billion (EUR 9.6 billion) in 2025, rising 12.4 percent from 2024. Shrimp remained… Read More
Published on
March 3, 2026
The Vietnamese government has issued an urgent telegram mandating nationwide mobilization ahead of a March inspection by the European Commission. The upcoming visit, which will evaluate Vietnam's efforts to combat illegal, unreported, and unregulated (IUU) fishing, is being treated as a pivotal turning point for the industry. The results of this inspection, which is the fifth of its kind, will determine whether the E.U. finally lifts its… Read More
Published on
March 2, 2026
The U.S. Department of Commerce (DOC) has raised antidumping duties on frozen warmwater shrimp from Vietnam and Thailand in its latest administrative reviews covering 1 February 2023 to 31 January 2024. These final results establish the definitive amount of duties owed for the period and set the cash deposit rates for all future imports. For the Vietnamese sector, the DOC significantly increased the antidumping duty rate for shrimp firm Thong… Read More
Published on
February 20, 2026
Bangkok, Thailand-based seafood firm Thai Union concluded 2025 with an eighth consecutive quarter of sales volume growth, but the firm saw its bottom-line earnings pressured by the impact of U.S. import tariffs. The company reported Q4 2025 sales of THB 35.04 billion (USD 1.09 billion, EUR 926.7 million), which was down 0.1 percent year over year, but the volume of products sold increased by 1.7 percent. When excluding the impact of a… Read More
Published on
February 16, 2026
Thai Union Feedmill (TFM) has entered a strategic partnership to modernize Bangladesh’s aquaculture sector, aiming to scale up production of high-value species, the company said in a statement on 10 February. The Thai aquafeed manufacturer and distributor signed a memorandum of understanding (MoU) with the Bangladesh Shrimp and Fish Foundation (BSFF) to transfer technology and Thailand’s internationally recognized farming standards to the… Read More