Toan Dao

Thai Union reported higher sales and profits in the first quarter of 2026 as price increases and continued volume growth lifted both its seafood and pet food businesses. The company reported sales of THB 32.05 billion (USD 985.1 million, EUR 841.7 million) in Q1 2026, which was up 7.6 percent from Q1 2025, marking its highest year-over-year sales growth since Q3 2022. Thai Union’s revenue growth in the quarter was led by stronger pricing… Read More

Pakistan has gained approval to export seafood to Russia after 16 Pakistani processing plants have been cleared for export, The Express Tribune reported. Pakistan Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry announced the development on 17 April, describing it as a major step forward for Pakistan’s fisheries sector following sustained diplomatic engagement and technical compliance efforts. The approval allows Pakistan… Read More

The Philippine government is exploring measures to stabilize domestic fish supply and support the nation’s fishing industry as high fuel prices have strained operations and raised concerns over the affordability of staple foods such as canned sardines. Measures under consideration include raising fish import volumes if local fishing activity slows or stops due to mounting fuel costs, Philippine News Agency recently reported, citing Agriculture… Read More

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

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

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

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

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

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

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