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
December 2, 2025
Several of Vietnam’s major seafood companies posted strong financial results in the third quarter of 2025, with multiple companies reporting large profit spikes and some returning to profit after earlier losses. Pangasius exporting firm Nam Viet’s (Navico) Q3 revenue rose 49 percent year over year in the period to VND 2 trillion (USD 75.9 million, EUR 65.6 million), driven by an increase in sales volume and prices. Its net profit in the… Read More
Published on
November 28, 2025
The Southeast Asian nation of Indonesia has drawn investor interest in its seaweed industry, which the government has identified as a strategic priority for development. During an investment and business-matching event to mark National Fish Day on 20 November, Acting Director General for Marine and Fishery Product Competitiveness Machmud said that seaweed has attracted high levels of interest, particularly from the Netherlands, because of its… Read More
Published on
November 24, 2025
Severe and prolonged flooding has heavily affected aquaculture and seafood-processing operations in Central Vietnam. Days of exceptionally heavy rain triggered historic flooding and landslides across such coastal provinces as Dak Lak, Khanh Hoa, Gia Lai, and Lam Dong from 16 to 22 November. The floods followed earlier long spells of rain and coincided with high tides, leading to over 100 deaths and widespread damage to houses and public… Read More
Published on
November 24, 2025
The South Asian nation of Sri Lanka has launched a fully integrated digital platform for its shrimp sector, aiming to modernize farming practices and strengthen biosecurity as the industry looks to expand sustainably. The Shrimp Industry Information System (SIIS), developed by the United Nations’ Food and Agriculture Organization (FAO) in partnership with Sri Lanka’s Ministry of Fisheries and National Aquaculture Development Authority… Read More
Published on
November 21, 2025
Bangkok, Thailand-based food conglomerate CP Foods reported declines in its net profit and sales in the third quarter of 2025. According to the company’s Q3 report, the firm reported net profits of THB 5.2 billion (USD 159.8 million, EUR 138.7 million) in Q3, marking a 29 percent decline year over year despite successful cost management efforts, the company said in a filing to the Stock Exchange of Thailand. The company largely attributed the… Read More
Published on
November 4, 2025
Thailand-based seafood giant Thai Union has revised its sales outlook downward for the year following continued declines in sales and profits in Q3 2025, and to account for tariff- and foreign exchange-related pressures. According to its latest result report released on 3 November, Thai Union now expects its 2025 sales to decline by 2 to 4 percent year over year, compared with its previous forecast of a 1 to 2 percent decrease. The company made… Read More
Published on
October 29, 2025
The value of Vietnam’s shrimp exports hit its highest level in three years over the first nine months of 2025 as demand spiked in major markets, including China, Europe, and member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade bloc. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the export value of Vietnamese shrimp from January to September totaled more… Read More
Published on
October 17, 2025

Bangladesh’s frozen fish and shrimp exports surged in the fiscal year ending 30 June, driven by stronger demand from India and China, as well as improved compliance with export requirements, traceability, and quality control.

The South Asian nation’s seafood export value rose 19.3 percent year over year in the period to USD 388.7 million (EUR 333.4 million), The Business Standard reported 13 October, citing data from

… Read More
Published on
October 16, 2025

Thailand’s Parliament has approved sweeping amendments to the country’s Fisheries Law, drawing criticism from small-scale fishers and environmental groups who warn the changes could weaken marine protections and undermine international commitments on sustainable fishing.

Thailand introduced a new Fisheries Act in 2015 in an attempt to curb illegal, unreported, and unregulated (IUU) fishing and labor abuses after being downgraded to

… Read More
Published on
October 8, 2025

Vietnam’s tilapia exports have surged this year, driven largely by booming U.S. demand, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

In the first eight months of 2025, Vietnam shipped tilapia worth USD 52 million (EUR 44.2 million) to global markets, marking a 359 percent increase from a year earlier. The U.S. accounted for about 70 percent of those sales, VASEP said.

Over the summer, tilapia overtook

… Read More