vasep news no21

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Vol. 1 Issue 21 August 15, 2011VASEP TRAINING & TRADE PROMOTION CENTER (VASEP.PRO)

Bi-weekly e-Publication

VIETNAM FISHERIES NEWSLETTER VIETNAM FISHERIES NEWSLETTER VIETNAM FISHERIES NEWSLETTER

USEFU L TO THE L AST PAGE

21issue

ZERO PERCENT TAX FOR RAW FISH IMPORT TO BOOST SEAFOOD EXPORT

Pangasius exports to Canada in June reached the highest Seafood Export, Jan - Jun 2011

All rights reserved copyright VASEP. Quotations or copying in whole or part only by prior agreement with VASEP.

In charge of publicationNguyen Hoai Nam (Mr)

Deputy General Secretary of VASEPDirector of VASEP.PRO

In charge of contentLe Hang (Ms)

Deputy Director of VASEP.PRO(+84). 4. 38354496 (ext. 204)Email: [email protected]

Managing EditorNguyen Thi Bich (Ms)

(+84). 4. 38354496 (ext. 204)Email: [email protected]

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Tel: (+84-4) 38354496 (ext.216)E-mail: [email protected]

Executive Office:VASEP.PRO

10 Nguyen Cong Hoan Str., Ba Dinh Dist.,

Hanoi, Vietnam.Tel: (+84-4) 38354496Fax: (+84-4) 37719015

Email: [email protected]

THE CONTENT Vol. 1 Issue 21 August 15, 2011

BUSINESS NEWSHaLong Simexco remained exports of fish cake to Japan Coimex to increase labour salary by 30%

NEW LEGAL DOCUMENTSThe official letter No. 1330: Guides on checking and granting certificate for fish oil exports to EU

SHRIMPWhiteleg shrimp farming under GlobalGAP standards Shrimp Export to markets, Jan - Jun 2011

PANGASIUSPangasius exports to Canada in June reached the highest Pangasius Export to markets, Jan - Jun 2011

MARINE PRODUCTSSeafood Export, Jan – Jun 2011Tuna Export, Jan – Jun 2011

NEWS AND EVENTS Vietnam maintained tuna export growth to the U.S. in the first six months of 2011 Zero percent tax for raw fish import to boost seafood export

23

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67

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1114

1719

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Vol. 1 Issue 21 August 15, 2011

2

BUSINESS NEWS

HaLong Simexco remained exports of fish cake to Japan

In the first six months of 2011, Ha Long Service and Import Export JSC (HaLong Simexco) remained exports of fish cake to Japan.

Up to the end of June 2011, the company shipped 6.12 MT of frozen octopus; 23.7 million of fish cakes; 28.9 MT of frozen squid with the total value of nearly US$1 million in which frozen squid export volume was up remarkably but frozen octopus export volume was down significantly against those of the same period of 2010.

In June 2011, HaLong Simexco exported 2.4 MT of octopus and 4.7 million of fish cakes; worth US$182.5 thousand to Japan.

Like a lot of seafood processors and exporters in the North of Vietnam, HaLong Simexco is facing with the scarcity of raw material to process and export.

HALONG SIMEXCOMr. Trinh The Hiep General DirectorAdd: 409 Le Lai Street, Ngo Quyen District, Hai Phong CityTel: +84 31 3836440/3768018Fax: +84 31 3827167Email: [email protected]: www.halongsimexco.com.vn

NGOPREXCO kept facing short raw material supply

CL-Fish recorded a rise in post-tax profit

Ngo Quyen Processing Export Joint Stock Company (NGOPREXCO) stated that demand for squid and octopus products is currently higher but the company could not purchase enough raw material for processing.

It was difficult for NGOPREXCO to access to raw material due to drop in domestic supply in recent years. The situation was tougher when the company had to deal with cruel competition from Chinese traders who were ready to pay high price for a large volume of raw fish without requirements of quality.

In first six months of 2011, NGOPREXCO produced 880 MT of marine fish of all varieties, of which cephalopods were 600 MT. It shipped abroad 776 MT of finished seafood products, valued US$4.12 million. Total revenue reached more than VND90 billion.

From June, global buyers have increased the import demand to prepare goods for end-of-year holidays. However, domestic raw material supply is still short; and it is expected to be more severe because fishermen could not go offshore fishing due to spike in all input costs.

In Q.II/2011, Cuu Long Fish Joint Stock Company (CL-Fish Corp) gained US$51.16 billion of post-tax profit, up 156 percent from the same period last year because the second quarter coincided with the harvesting time of its farms. Fish harvested from its owned farms accounted for 70 percent of pangasius supply for processing in this quarter, General Director Tran Thi Van Loan said.

The raw fish price offered by local suppliers was up 67 percent from a year ago, but the cost of its owned farmed fish was at VND18,000 per kilogram. In addition, CL-Fish got higher net profit in the second quarter of 2011 because it increased the export price by 33 percent from Q.II/2010.

According to Vietnam Customs, in the first half of 2011, CL-Fish ranked the 8th among the largest pangasius exporters of Vietnam, with 8,855 MT of finished products, worth US$21.15 million.

NGOPREXCOMr. Huynh Chau Sang Chairman and DirectorAdd: 326-328 Ngo Quyen Street, Vinh Lac Ward Rach Gia Town, Kien Giang ProvinceTel: + 84 77 3862160/3942002Fax: +84 77 3924331Email: [email protected]: www.ngoprexco.com.vn

CL-FISH CORPMr. Nguyen Xuan Hai Vice General DirectorAdd: 90 Hung Vuong Street, My Quy Industrial Zone, Long Xuyen City, An Giang ProvinceTel: +84 76 3931000Fax: +84 76 3932446Email: [email protected]: www.clfish.com



3

BUSINESS NEWS

Coimex to increase labour salary by 30%

Thuan Phuoc Corp faces a lot of difficulties in seafood exports

According to Mr. Le Van Khang, Chairman and General Director of Condao Seaproducts and Import Export Joint Stock Company (Coimex), this year, the company met many advantages when exporting to the EU and Asia which represented high demand of surimi with stable prices. Coimex gained more profit than the previous years.

Up to the end of July 2011, Coimex exported over 9,100 MT of surimi, bringing US$20 million. The EU was the biggest market, accounting for a 70 percent proportion in the company’s total exports. The rest was Asian markets.

Coimex has now traded abroad all of its surimi products. According to the company, sharing benefits with fishermen, respecting payment deadline, and developing a nationwide chain of distributors are key factors to ensure raw material supply for processing until the end of the year.

From the beginning of 2011, to keep its staff, Coimex has increased salary by 30 percent. It was monthly VND5 million per person. “It is the way Coimex shares difficulties with its labours when the living cost is soaring,” Mr. Khang said.

If the global market remains stable, Coimex expects to ship abroad 20 thousand MT of finish products and gain US$45 million this year.

Coimex is one of the rare enterprises in Vietnam recording a stable export volume of surimi in the first half of 2011. Currently, it has been awarded the prize of “2010 Prestige Export Enterprise” by Ministry of Industry and Commerce for its progress in export, prestige and social responsibility.

In the first seven months of 2011, Thuan Phuoc Seafood and Trading Corp (Thuan Phuoc Corp) exported over 4,300 MT of seafood, with export turnover of more than US$36 million, up nearly 60 percent against that of the same period last year. The result was not as satisfactory as expected - Mr. Tran Van Linh - Chairman and General Director of the company said.

In the first seven months this year, among the company’s seafood export items, frozen shrimp made up 4,100 MT, the others are frozen marine finfish and frozen cuttlefish. Until the end of July 2011, EU is still the biggest seafood importer of the company with 2,000 MT, followed by the U.S. and Japan.

In Jan - Jul 2011, despite the company’s export turnover was higher than that of Jan - Jul 2010, its profit was not high due to low average export price and the soaring input costs (raw material, fuel).

Currently, the high price and scarce supply of raw material cause a lot of challenges to the company in meeting demand of customers. The company’s seafood exporting and processing activities in 2011 is even more difficult than those of 2008 - the worst year in the past decade when production cost rose sharply and unstably, Mr. Linh said.

In this context, the loans from banks can not support the company because of complicated procedures and high interest rate.

COIMEXMr. Le Van Khang Chairman and General DirectorAdd: 40 Le Hong Phong Street, Ward 4 Vung Tau City, Ba Ria – Vung Tau ProvinceTel: + 84 64 3837794/3839507Fax: + 84 64 3839360Email: [email protected]: www.coimexvn.com

THUAN PHUOC CORPMr. Tran Van Linh Chairman and General DirectorAdd: Tho Quang Industrial Zone, Tho Quang Ward, Son Tra District, Da Nang CityTel: +84 511 3920920/3920779Fax: +84 511 3920997/3923308Email: [email protected]: www.thuanphuoc.vn



4

Minh Phu Seafood Corp to run Minh Phu – Hau Giang plant

In middle July 2011, Minh Phu – Hau Giang shrimp processing plant started working with a production capacity of 40 thousand MT of finished products per year, according to Mr. Le Van Diep, Vice General Director of Minh Phu Seafood Corporation (Minh Phu Seafood Corp). It is expected to reach output of 10.6 thousand MT of shrimp products up to the end of 2011.

Currently, Minh Phu Seafood Corp has three shrimp processing plants in Ca Mau, province in Mekong Delta, representing a total operating capacity of 2,5 – 3 thousand MT per month.

The company continues recruiting and training skilful labours with an aim to boost processing capacity to complete the yearly plan and shrimp orders in the last four months of 2011.

In this time of the year, farmers in Mekong Delta are harvesting a large volume of whiteleg shrimp, so Minh Phu Seafood Corp can assure stable operation of processing plants and balance the proportion between whiteleg shrimp and black tiger shrimp.

To mobilize enough capital for the new plant, Minh Phu Seafood Corp raised capital of Minh Phu – Hau Giang Seafood Processing Company – an affiliate in Hau Giang province which was in charge of realizing the plant construction project – from VND500 billion to VND600 billion. This has changed the proportion of capital hold by the mother company. Minh Phu Seafood Corp accounts for 97.5 percent of its affiliate’s charter capital now.

In first seven months of 2011, Minh Phu Seafood Corp’s exports recorded continuous growth and the company remained the first place in the top seafood exporters in Vietnam.

MINH PHU SEAFOOD CORPMr. Le Van Quang General DirectorAdd: Industrial Zone Ward 8,Ca Mau City, Ca Mau ProvinceTel: +84 780 3838262/3839391Fax: +84 780 3833119/3668795Email: [email protected]: www.minhphu.com

BUSINESS NEWS



5

The Decision No. 1523: Planning to develop marine finfish culture by 2015 and vision 2020

The official letter No. 1330: Guides on checking and granting certificate for fish oil exports to EU

On 8th July 2011, Ministry of Agriculture and Rural Development (MARD) promulgated the Decision No. 1523/QĐ-BNN-TCTS on approving the plan of developing marine finfish culture by 2015 and the orientation towards 2020.

Accordingly, the fisheries industry will develop marine finfish culture in cages in bays, estuaries, and coastal areas with the low investment cost and expand industrial fish cage breeding in offshore bays of Quang Ninh, Phu Yen, Khanh Hoa, Vung Tau, Kien Giang provinces and in the saltwater and brackishwater ponds.

The industry plans to develop multi-species farming, particularly species make high-profit, huge production and ones are used for processing for export such as cobia, bream, American red snapper, grey snapper. The industry will combine marine finfish rearing with other fish species such as mollusks (blue mussel, oyster,

pariwinkle snail), seaweed in order to promote economic efficiency, protect the environment and reduce the risk of diseases.

Cage groups are placed separately with the distance of 500 -1,000 meters. The area of each group of cages does not exceed 1 hectare.

By 2015, the industry targets to reach 61 thousand MT of marine finfish farmed in the saltwater and brackishwater ponds and 98 thousand MT by 2020. The production of marine finfish farmed in small cage systems expects to reach 44 thousand MT by 2015 and 51 thousand MT until 2020. Industrial finfish farming expects to bring the output of 55 thousand MT by 2015 and 111 thousand MT until 2020. Towards 2015, the total production of marine finfish breeding will reach 160 thousand MT, worth US$1.04 billion and 200 - 260 thousand MT, worth US$1.8 billion by 2020.

On 28th July 2011, National Agro-Forestry-Fisheries Quality Assurance Department (NAFIQAD) sent the official letter No. 1330/QLCL-CL1 to Nafiqad branches in 6 regions. The official letter guides on the food safety control for fish oil consignments exported to EU as follow:

- Checking and sampling the consignments pursuant to the Circular No. 78/2009/TT-BNNPTNT (issued on 10th December 2009) and regulations on the inspection and certification of food hygiene and safety of fish products promulgated by the Decision No.118/2008/QĐ-BNN dated 11th December, 2008 by MARD.

- Based on checking the production documents and the quality management of the fish oil consignments, the inspectors will sample for test according to following criteria:

+ Heavy metal residues: Allowable limit of heavy metals (Lead) is 0.10 milligrams per kilogram, maximum limit of other heavy metals (Cadmium, Mercury) on tuna meat must comply with the regulation in the document by EC 1881/2006 and 420/2011 of the European Commission.

+ Organochlorine pesticide residues: Must abide by the regulation of the document EC 396/2005 of the EC.

+ Histamine: Under the regulation of the document EC 1441/2007, the inspectors must inspect the consignments which have the hazard to Histamine.

- Applying the certificate form for fish and fish products consignments exported to EU under the regulation of the document EC 1250/2008 and guiding documents of NAFIQAD.

NEW LEGAL DOCUMENTS



6

SHRIMP

Shrimp was among the most prominent items displayed at the 13th Japan International Seafood & Technology Expo, held from July 27 to 29 at Tokyo Big Sight. Vietnamese, Thai, Malaysian, Indian and Chinese booths all featured prawns, with Indonesia the only major producer absent. Yet, each country took a different competitive strategy.

Murkhalis Mokhter, director of integrated Maylasian aquaculture company Amban Wibawa Sdn Bhd., said that while his company has long been a leading tilapia exporter, the company’s vannamei shrimp farm is new. The production sites are located far from other operations to avoid the spread of diseases.

While he is promoting in Japan and elsewhere, exports are strongest to Saudi Arabia and other Gulf Arab countries, due to the company’s Halal certification. Unlike Jewish rules for kosher foods, crustaceans are acceptable in Islam. Though there are no special slaughtering requirements as for beef, producers must take care that no pork offal is used as a feed ingredient.

In the spring, a deadly outbreak of microsporidiosis wiped out approximately 30 percent of annual shrimp production of Vietnam. A manager at one company said that many farmers restocked as late as July, which means newly harvested product may not be available until October, with larger sizes in September or November: “The volume of processed product for Japan should be sufficient for the New Year, but may not be for raw product,” said the manager.

The rep said, “We cannot compete with India and Indonesia for the raw product. For headless black tigers, they can produce cheaper. Thailand can also further process, but they sell vannamei. We can do further processed black tiger.” The company also exhibited at the International Boston Seafood Show in March. “We have many customers in the U.S. Comparing the two, the U.S. is bigger, but processed demand is growing faster in Japan,” she said.

Panita Boonyanandha of the Thai Frozen Foods Association said Thai shrimp production is about 90 percent vannamei because black tigers are more difficult to raise. They displayed just one breaded product: tail-on vannamei. She said they offer fewer processed products than Vietnam because there are not as many processing facilities set up for it. But she expects more emphasis on processed in the future: “We can’t compete with China on raw product, so we will go toward processed. There is more profit in value-added.”

The Indian booth offered both black tigers and vannamei raw but were emphasizing large-sized vannamei, such as 16/20s and 21/30s.

The Chinese exhibitors had a variety of shrimp products, along with a variety of seafood items, but did not appear to have a strong focus on shrimp. While China is emerging as a major vannamei producer, it also consumes much of its own production. According to the latest forecast by the United Nations’ Food and Agriculture Organization, in the first quarter of 2011, exporters in China reduced the export ratio to focus more on the local market.

(SeafoodSource)

The Research Institute for Aquaculture No.3 in Khanh Hoa province (a southern province of Vietnam) deployed the project on “Developing whiteleg shrimp farming under GlobalGAP standards”. The project support farmers in commercial shrimp farming, producing safe products and creating high economic efficiency.

The project is implemented according to 3 models in 6 households with the area of 4 hectares . Households are sponsored 100 percent of frying cost, 11 percent of feed cost (less than VND70 million per household). Frying source is imported from Hawaii. Farming density is 120 - 150 pieces per square meter and time for raising is 3 months.

According to GAP standards, farmers must obey techniques in selecting seed and farm location, feed for shrimp, using antibiotics, chemicals and bio-products, caring about farming ponds, health of farmed shrimp, sewage and wastes, shrimp harvesting and product preservation. After farming for test, if the project shows the satisfactory results, this farming model will be applied broadly.

Shrimp on display in Tokyo Whiteleg shrimp farming under GlobalGAP standards



7

SHRIMP

Lebanon

India

Saudi Arabia

Colombia

Kuwait

Dominica

Ukraine

Guam

Norway

Dominic Rep.

Morocco

North Korea

Rumania

Turkey

Mexico

Reunion

Qatar

Jordan

Oman

Barbados

Uruguay

Chile

South Africa

Croatia

Nigeria

Jamaica

Fiji

Polynesia

Libya

Seychelles

Samoa

Maldives

Bahrain

Albania

Ghana

Syria

Belarus

Montenegro

Tunisia

Equatorial Guinea

New Caledonia

Panama

40

41

42

43

44

45

46

47

48

49

50

51

52

53

54

55

56

57

58

59

60

61

62

63

64

65

66

67

68

69

70

71

72

73

74

75

76

77

78

79

80

81

19,344

22,775

21,278

5,864

3,180

2,800

2,435

2,306

1,813

886

613

423

205

211

173

137

134

56

39

3

0.7

1

11,488

8,701

2,786

2,239

1,423

202

146

73

373

21

24,748

8,001

3,137

3,142

2,710

1,420

1,364

1,183

577

521

540

275

265

231

215

104

117

87

76

55

73

53

89

55

43

20

64

36

32

30

16

27

27

16

24

23

11

9

8

11

9

8

7

5

8

6

4

7

2

2

2

0.02

0.01

101,872

216,557,738

214,718,599

185,208,582

53,829,405

26,340,538

26,014,461

21,334,166

20,800,232

11,491,919

8,833,490

4,675,902

3,513,870

1,912,542

1,860,090

1,671,514

1,372,476

910,352

320,668

261,427

41,080

13,200

11,250

108,695,948

81,890,492

26,805,456

16,270,079

12,587,580

1,704,505

1,403,263

339,041

122,576

113,113

229,658,058

64,305,043

34,424,093

29,453,017

27,200,937

17,618,919

13,413,180

8,706,979

5,806,072

5,242,315

4,625,966

2,685,464

2,632,312

1,846,355

1,514,073

910,216

862,688

803,319

789,327

609,548

584,703

516,159

501,656

448,679

435,620

396,100

385,233

379,677

300,336

249,158

242,328

199,335

191,729

176,259

176,060

151,488

111,904

103,698

94,047

77,194

76,970

64,003

63,207

53.448

51,664

50,381

35,640

32,998

25,066

19,649

13,656

115

80

971,109,004

Volume (MT) Volume (MT)

VIETNAM SHRIMP EXPORT TO MARKETS, JAN – JUN 2011Value (US$) Value (US$)Markets

Total

MarketsNo. No.

EU

CHINA & HONG KONG

OTHERS

ASEAN

The U.S.

Japan

Germany

The U.K.

Belgium

France

The Netherlands

Italy

Denmark

Spain

Portugal

Sweden

Poland

Greece

Cyprus

Iceland

Czech

Austria

Malta

Latvia

Bulgaria

China

Hong Kong

Singapore

The Philippines

Malaysia

Thailand

Cambodia

Indonesia

South Korea

Canada

Taiwan

Australia

Switzerland

Russia

Egypt

UAE

Israel

New Zealand

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

In the first six months of 2011, the U.S. became the largest importer of Vietnam shrimp with the volume of 19,344 MT, worth almost US$217 million, up 28.7 percent in volume and 40.8 percent in value from the same period last year. Vietnam shrimp exports expanded

to 81 markets in the first half of 2011 from 78 ones a year ago. Japan’s proportion in total shrimp export fell sharply from 31.41 percent to 22.11 percent; while the EU’s proportion up from 16 percent to 19 percent.

Source: VASEP in cooperation with Vietnam Customs



8

PANGASIUS

According to Vietnam Customs, from January 1st to July 15th 2011, Vietnam pangasius exports to Canada reached 7,096 MT, valued at US$22.36 million, up on those of the same period last year (6,165 MT and US$16.24 million) with an average export price of US$3.15 per kilogram, higher than that to other markets in the same period (US$2.61 per kilogram) and that of the same period last year (US$2.63 per kilogram).

In the first half of July 2011, pangasius exports to Canada were reported at 255 MT, worth US$939.1 thousand, down on those of the same period last year (574 MT and US$1.527 million).

In the first half of 2011, Vietnam pangasius exports to Canada were 6,840 MT, worth US$21.42 million in which fish export volume and value

in June reached the highest level (1,745 MT and US$5.62 million) while exports of the fish in February reached the lowest level (557 MT and US$1.66 million), in January 892 MT and US$2.62 million, in March 1,159 MT and US$3.4 million and in April: 1,054 MT and US$3.3 million.

Pangasius export value and volume to Canada in June 2011 reached the highest in the first half of 2011; average export price in May reached the highest level (US$3.32 per kilogram), followed by prices in June (US$3.23 per kilogram).

Regarding monthly data, pangasius exports to Canada in February reached the lowest but the average price was higher than that of January and March. Specifically, the average price in Feb was US$2.98 per kilogram, higher than that of January (US$2.95 per kilogram) and March

(US$2.94 per kilogram). The average price to Canada in March reached the lowest but fish export volume and value reached the third high.

Vinh Hoan Corporation is still the leading Vietnam pangasius exporter among 36 Vietnam pangasius exporters to Canada, followed by Bien Dong Seafood Co., Ltd with pangasius exports of 783 MT, worth US$2.177 million and Docifish with 711 MT, worth US$2.146 million. Amanda Seafood Co., Ltd ranked the twentieth but its average export price (US$4.13 per kilogram) is the highest.

From January to July 15th 2011, there were 224 Vietnam pangasius exporters to markets with 344,308 MT, worth US$897.3 million, up 4.8 percent in volume and 27 percent in value against those of the same period last year.

From 1st January to 15th July 2011, Vietnam pangasius exports to Egypt netted 8,522 MT, worth US$17.8 million, down on those of the same period of 2010 (11,515 MT, worth US$19.1 million). However, average export price to the market reached US$2.1 per kilogram, up on that of the same period of 2010 (US$1.67 per kilogram).

The causes of the drop in Vietnam pangasius exports to Egypt are political instability as well as mass demonstrations in some big cities of Egypt. Besides, the importers steadily limited buying due to higher offer prices from Vietnam.

In June 2011 Vietnam pangasius export volume to Egypt was 2,570 MT, reaching the highest in first 6 months of 2011 but lower than

that of June 2010 (2,848 MT) and the peak of May 2010 (2,929 MT). Egyptian importers have adapted the new offered price from Vietnam.

According to Vietnam Customs,

in January and February 2011, the average export pangasius price to Egypt recorded US$1.7 per kilogram and US$1.59 per kilogram but increased to US$2 per kilogram in

Pangasius exports to Canada in June reached the highest

Vietnam pangasius exports to Egypt dropped



9

PANGASIUS

Ministry of Agriculture and Rural Development (MARD) is setting up a draft Decree on the management of production and consumption of pangasius. The draft Decree will be submitted to gain the Government’s approval.

According to the draft Decree, Viet Nam Fisheries Society (VINAFIS) in conjunction with Vietnam Association of Seafood Exporters and Producers (VASEP) and relevant societies will propose and announce an anticipated floor price for purchasing raw pangasius after the approval of the Steering Committee of production and consumption of pangasius in Mekong River Delta.

The anticipated floor price for raw pangasius procurement is calculated

based on input cost (frying, feed, medicine, finished products, labour, duties), other reasonable costs and the minimum 5 percent of profit of farmers.

If the price for raw pangasius procurement on the market is equal or higher than the anticipated floor price, the State will not intervene. However, if the price for raw pangasius procurement is lower than the anticipated floor price, the price for raw pangasius procurement on the market will be regulated by MARD in conjunction with the Ministry of Finance, Vietnam Ministry of Industry and Trade, the State Bank of Vietnam and relevant societies.

The minimum 5 percent of profit

of farmers is not enough for them to re-invest for the next season, especially with the current high bank loan rate of 18 - 20 percent. However, the minimum profit of 5 percent helps prevent farmers from leaving farming ponds uncultivated, Dr Nguyen Viet Thang, Chairman of VINAFISH said.

The draft Decree points out the conditions for pangasius farming. Fish farms must be located in the planning areas approved by provincial People’s Committees; fish farms must comply with Vietnam Good Agricultural Practice (VietGAP) issued by MARD; fish farms are encouraged to apply for certificates (Global GAP, ASC, SQF).

Large-scale farms with the water acreage of more than 1 hectare are required to sign in advance purchasing contracts with processors. Farms with the water acreage of more than 3 hectares must have managers, technical officials, officials specialized in aquaculture.

Fish farms with the water surface of more than 1 hectare must register the production of farmed fish at competent agencies such as Department of Agriculture and Rural Development and Sub-Department of Aquaculture.

The draft Decree on the floor price for raw pangasius procurement

March 2011 and US$2.4 per kilogram in June 2011.

This year, there is a decrease in the number of Vietnam pangasius exporters to Egypt against last year. From the early 2011 up to the first half of July 2011, there are 35 Vietnam pangasius exporters to Egypt, lower than 43 exporters of the same

period of 2010. The leading Vietnam pangasius exporters are Agifish, CL-Fish Corp, Hung Vuong Corp, Godaco and Aquatex Bentre…

In 2011, among top 5 Vietnam pangasius exporters to Egypt, Agifish (the leading one) exported 1,653 MT, worth US$3.04 million. Hung Vuong Corp ranked the third

with the export volume of 832 MT, worth US$1.61 million. Particularly, CL-Fish Corp surpassed Bianfishco to rank the second.

In the first half of July 2011, Vietnam pangasius exporters exported 1,663 MT, worth US$3.66 million, higher than those of previous months, except for June 2011.


Vol. 1 Issue 21 August 15, 2011PANGASIUS

10

The Netherlands

Germany

Spain

Poland

Italy

The U.K.

Belgium

France

Portugal

Czech

Greece

Sweden

Cyprus

Denmark

Slovenia

Lithuania

Hungary

Austria

Bulgaria

Latvia

Luxemburg

Manta

Slovakia

Estonia

Ireland

Finland

The U.S.

Singapore

Singapore

The Philippines

Malaysia

Thailand

Indonesia

Brunei

Cambodia

Hong Kong

China

Japan

Mexico

Russia

Brazil

Saudi Arabia

Australia

Canada

Colombia

UAE

Egypt

Ukraine

Jordan

Algeria

Rumania

Lebanon

Switzerland

Taiwan

Dominic Rep.

Chile

Kazakhstan

Peru

Kuwait

India

Costa Rica

Israel

Turkey

Georgia

Serbia

Pakistan

Iraq

Uruguay

South Korea

Qatar

Syria

Gabon

Morocco

Oman

Puerto Rico

New Zealand

Yugoslavia

Croatia

Azerbaijan

Congo

Cameroon

Honduras

Bahrain

Belarus

Tajikistan

Nam Phi

Equatorial Guinea

Bosnia Herzegovina

Cuba

Panama

Bermuda

Moldova

Venezuela

Reunion

Norway

Armenia

Guatemala

Trinidad & Tobago

Madagascar

Papua New Guinea

Kenya

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

40

41

42

43

44

45

46

47

48

49

50

51

52

53

54

55

56

57

58

59

60

61

62

63

64

65

66

67

68

69

70

71

72

73

74

75

76

77

78

79

80

81

82

83

84

85

86

87

88

89

90

91

92

93

94

95

96

97

98

99

100

98,996

18,022

17,898

19,413

9,307

7,831

5,564

4,598

3,225

2,652

2,035

1,875

1,118

945

553

647

625

635

444

691

416

191

98

90

75

37

10

38,839

24,071

7,454

5,434

6,047

3,863

531

485

257

10,955

8,833

2,122

382

146,115

19,487

12,104

11,127

12,047

7,063

6,840

8,085

7,173

6,858

6,020

3,962

2,945

4,562

3,004

1,298

2,473

2,420

1,442

2,303

1,340

1,516

1,297

1,301

1,334

1,152

1,416

1,214

1,174

943

653

425

696

648

1,059

556

567

425

345

458

437

399

535

597

246

309

275

266

164

319

194

152

112

112

175

95

81

66

124

74

62

59

65

90

1,376

319,359

266,800,153

51,791,009

50,239,307

50,188,680

20,446,578

20,082,237

16,877,734

13,830,847

10,181,862

7,070,474

5,263,778

4,873,814

3,233,676

2,553,829

1,705,638

1,442,004

1,358,748

1,190,398

1,180,065

1,116,712

754,560

732,772

249,834

164,580

136,070

107,452

27,495

134,727,411

53,485,133

18,340,690

12,312,190

10,428,538

9,867,476

1,312,241

739,235

484,763

23,399,967

18,560,007

4,839,960

1,549,667

348,708,629

48,568,961

28,089,553

27,273,330

26,147,131

22,548,875

21,422,443

19,147,701

16,593,496

14,211,497

13,198,110

8,861,143

7,440,363

7,269,077

7,125,629

5,871,077

5,149,880

4,866,471

4,176,964

4,101,525

3,776,066

3,630,741

3,443,117

3,442,694

3,185,465

2,635,892

2,438,857

2,395,248

2,379,934

2,233,414

1,752,976

1,700,453

1,551,399

1,526,435

1,434,486

1,368,319

1,270,899

1,116,379

1,085,781

1,044,085

1,004,483

756,241

735,300

711,575

657,844

602,829

556,570

505,600

463,392

460,148

405,837

392,212

375,958

307,347

299,250

246,480

235,448

215,730

212,420

201,700

197,554

190,500

180,841

175,545

3,141,960

828,670,960


PANGASIUS EXPORT TO MARKETS, JAN – JUN 2011Value (US$) Value (US$)Markets

Total

31 Others

MarketsNo. No.

EU

CHINA & HONG KONG

OTHERS

ASEAN



11

VIETNAM SEAFOOD EXPORT, JAN – JUN 2011

The EUGermanyItalyThe NetherlandsSpainFranceThe U.S.JapanSouth KoreaChina & Hong KongHong KongASEAN CanadaAustraliaRussiaMexicoOthersTotal

29,8334,9505,0923,9784,9273,006

16,6259,6059,9185,4152,493

7,9832,6442,2464,1221,535

26,116116,041

121.77721.27019.95816.54615.00414.504

100.30075.48843.59230.24211.368

22.63114.17812.24113.098

4.26079.945

517.752

+4.5+32.2

+9.3+20.2

-20.0+29.2

+44.8-24.3

+12.9+18.7+45.4

-6.2+22.8+10.9

+7.7-51.3+7.6+5.5

+33.4+64.1+45.7+39.6

+1.3+51.5

+51.3-6.2

+53.4+54.3

+108.6+20.4+57.4+23.5+62.6

-41.0+33.8+29.8

+24.9+41.7+43.5+51.4

-10.2+14.4

+48.1+1.3

+36.2+56.4+44.4

+32.4+65.5

+6.4+55.5+27.7+22.5+27.7

+2.4+12.8+21.3+27.7

-23.4+10.8

+40.0-18.2+8.2

+13.4+8.2

+16.6+27.0

-0.8-1.5

+13.0-1.1

+5.7

167,82328,84523,76822,87325,93313,209

83,97451,05151,03630,58213,261

51,53211,55311,92417,64219,676

135,314632,107

627.733121.132

86.71684.40672.26659.406

502.352378.026206.590160.066

54.320128.225

63.19661.02357.74049.822

379.5652614.338

Volume Value Value ValueVolume Volume Volume

June 2011 Jan – Jun 2011Compared to the same period of 2010 (%)

Compared to the same period of 2010 (%)

Value

Markets

Shrimp (HS code 03 and 16) - Whiteleg shrimp - Black tiger shrimpPangasius (HS code 03 and 16)Tuna (HS code 03 and 16) - Tuna (HS code 16) - Tuna (HS code 03)Other fish (HS code 0301 to 0305 and 1604,ex. tuna and pangasius)

Mollusk (HS code 0307 and 16)Cephalopod Bivalve mollusk

Crab, swimming crab and other crustaceans (HS code 03 and 16)

Total

21,6758,000

11,06856,189

7,2324,4952,738

18,525

11,7388,9752,763

681

116,041

210.44566.737

124.442156.588

29.51515.90313.612

60.388

53.77345.514

8.260

7.043

517.752

+14.5+42.1+12.9+5.9+1.1

+20.6-20.2

-2.4

+7.5+2.1

+29.7

-30.6

+5.5

+32.4+89.1+28.0

+37.4+24.6+64.0

-2.7

+17.8

+27.4+28.4+22.3

-19.8

+29.8

101,87231,01456,115

319,35944,83921,10023,739

103,674

57,11842,85914,259

5,245

632,107

971.109248.498611.296

828.671206.468

65.795140.674

315.972

251.874211.006

40.868

40.244

2614.338

+16.9+37.7+15.3+4.9+9.3

-7.6+30.6

+0.2

+0.7+2.7

-4.8

+0.6

+5.7

+35.2+72.5+30.9

+27.0+32.8+20.5+39.4

+19.2

+15.5+21.7

-8.4

+6.0

+27.7

Volume Volume Volume Volume

June 2011 Jan – Jun 2011Compared to the same period of 2010 (%)


Value Value Value Value

Products

Main markets, Jan - Jun 2011 (Value)

Japan14.5%

Others21.1%

ASEAN4.9%

China6.1%

Australia2.3% South Korea

7.9%EU 24.0%

The U.S.19.2%

Volume: MT Value (US$ mil)

Main Products, Jan - Jun 2011 (Value)

Shrimp37.1%

Other Crustacean1.5%

Mollusk9.6%Other Fish

12.1%

Tuna7.9%

Pangasius 31.7%

MARINE PRODUCTS



12

MARINE PRODUCTS

Minh Phu Seafood Corp

Vinh Hoan Corp

Hung Vuong Corp

Stapimex

Quoc Viet Co., Ltd

Agifish

Anvifish Co

Fimex VN

Camimex

Cases

Sea Minh Hai

Phuong Nam Co., Ltd

Yueh Chyang Co

Cadovimex

I.D.I Corp

Utxi Co

Hungca Co., Ltd

Viet I-Mei Frozen Food (Vietnam) Co., Ltd

South Vina

Nhatrang Seafoods F17

AuVung Seafood

CL-Fish Corp

Havico

Tin Thinh Co.,Ltd

Bianfishco

Thuan Phuoc Corp

Vietnam Fish-One Co., Ltd

Anh Khoa Co., Ltd

Havuco

Vina Cleanfood

Navico

Hong Ngoc PTE

Caseamex

Godaco

Cafatex Corp

Kisimex

HTFood

Coimex

Dai Thanh Co., Ltd (Tien Giang province)

Thinh Hung Co., Ltd

Foodtech Co., Ltd

Viet Foods Co., Ltd

An Phu Seafood JSC

Trung Son Hung Yen Trading JSC

NTSF

High Dragon

Aquatex Bentre

Seaprimexco Vietnam

Thanh Son PTE

Mekongfish Co

Cafish

Trang Khanh Seafood Processing & Im-Ex Co., Ltd

Biendong Seafood

Trung Son Production, Construction & Trading JSC

Cuulong Seapro

Pataya Vietnam

An My Seafood JSC

Hoa Trung Seafood JSC

Hoang Long Fish

Kim Anh Co., Ltd

Hai Long Nha Trang Seafood Co., Ltd

Hoang Hai Co., Ltd

Thanh Doan Seafood Processing & Im- Ex JSC

Phu Cuong Co., Ltd

Fine Foods Company (FFC)

Minh Hai Jostoco

Bidifisco

Thanh The Seafood Co., Ltd

Hai Nam Co., Ltd

Ngoc Ha Co., Ltd

Baseafood

Viet Cuong Seafood

Vinh Quang Fisheries Corp

Toan Thang Co., Ltd

Ngoc Tri Food Processing JSC

Hung Vuong Vinh Long Co., Ltd

Kien Cuong Seafood

Seanamico

QVD (DT) Co., Ltd

To Chau JSC

Thuan Hung Co., Ltd

Huynh Huong Trading Co., Ltd

Phuong Dong Seafood

Viet Phu Foods & Fish Corp

VD Food

Ba Hai Co., Ltd

Khanh Hoang Seafood Co., Ltd

Bach Linh Seafood Co., Ltd

Seaprodex Da Nang

Vifoods Co., Ltd

Tafishco

Seapriexco No.4

Ngoc Xuan Seafood JSC

CLPangafish Corp

Samefico

Incomfish

Docifish

Tuong Huu Co., Ltd

Nam Phuong Seafood Co., Ltd

Phu Quy Co., Ltd (Ba Ria – Vung Tau)

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

40

41

42

43

44

45

46

47

48

49

50

51

52

53

54

55

56

57

58

59

60

61

62

63

64

65

66

67

68

69

70

71

72

73

74

75

76

77

78

79

80

81

82

83

84

85

86

87

88

89

90

91

92

93

94

95

96

97

98

99

100

13,034

19,651

24,022

3,861

3,580

13,878

11,104

2,930

2,712

6,011

2,595

2,530

6,047

6,263

9,466

2,277

8,879

1,903

8,148

2,879

1,970

8,859

1,892

4,908

6,748

2,571

2,187

1,670

4,659

2,074

8,014

1,273

6,710

7,101

3,311

4,467

7,513

7,455

6,147

2,047

5,156

1,079

6,434

1,232

4,535

5,043

4,955

2,376

1,474

6,108

1,219

141,736,848

67,470,228

60,023,174

38,673,896

38,662,873

38,542,392

34,475,978

30,876,638

30,447,861

30,029,174

29,038,303

28,977,480

25,246,427

24,142,725

23,460,197

23,355,232

22,666,219

22,543,054

22,074,342

21,662,788

21,266,659

21,163,482

20,996,033

20,601,292

20,038,981

19,944,823

19,654,604

18,725,587

18,622,728

18,213,049

18,114,221

17,634,935

17,415,237

17,177,480

16,796,702

16,517,005

16,197,780

15,945,201

15,759,164

15,720,185

15,574,730

15,411,468

14,973,872

14,845,572

14,776,755

14,637,275

14,444,832

14,428,848

14,115,307

14,050,788

13,933,826

13,917,038

13,884,264

13,553,514

12,884,478

12,869,173

12,862,338

12,749,387

12,479,852

12,396,011

12,194,919

12,151,071

11,911,804

11,756,841

11,703,535

11,143,924

11,140,549

11,087,096

10,999,912

10,959,400

10,114,113

10,094,620

9,992,048

9,981,274

9,977,919

9,963,150

9,736,448

9,711,112

9,667,369

9,562,723

9,478,147

9,427,158

9,381,163

9,287,550

9,196,496

9,073,655

9,034,240

8,721,050

8,668,794

8,604,319

8,487,407

8,413,575

8,386,284

8,249,681

7,745,232

7,690,071

7,602,057

7,525,775

7,449,818

7,310,709

831,355,015

2,614,338,328

1,276

5,160

1,205

1,394

2,660

4,991

1,252

5,105

1,551

2,586

1,303

1,185

1,122

1,102

1,082

2,409

889

2,174

4,459

3,068

1,012

3,330

3,433

1,110

4,023

1,390

785

2,856

3,242

3,327

876

4,177

3,704

1,646

999

4,572

745

1,156

1,856

3,658

3,677

3,367

4,268

2,121

860

2,531

1,593

3,060

1,823

231,978

632,107

Volume (MT)

VIETNAM SEAFOOD EXPORTERS, JAN – JUN 2011

Volume (MT)Value (US$) Value (US$)Exporters

Total

ExportersNo. No.

757 Others



13

MARINE PRODUCTS

Germany

Italy

The Netherlands

Spain

France

Belgium

The U.K.

Poland

Portugal

Denmark

Greece

Sweden

Czech

Lithuania

Cyprus

Austria

Hungary

Slovenia

Bulgaria

Ireland

Latvia

Luxembourg

Malta

Slovakia (Slovak Rep,)

Estonia

Finland

The U.S.

Japan

South Korea

China

Hong Kong

Singapore

Thailand

Malaysia

The Philippines

Indonesia

Cambodia

Brunei

Laos

Canada

Australia

Russia

Taiwan

Mexico

Saudi Arabia

Brazil

Switzerland

Egypt

UAE

Colombia

Ukraine

Israel

Lebanon

Jordan

Rumania

Iran

Algeria

New Zealand

India

Dominic Rep,

Kuwait

Chile

Kazakhstan

Peru

Costa Rica

Turkey

Georgia

Pakistan

Croatia

Iraq

Serbia

Norway

Syria

Morocco

Uruguay

Qatar

Oman

Belarus

The Bahamas

Gabon

Puerto Rico

Reunion

Guam

Dominica

Yugoslavia

Tunisia

South Africa

Honduras

Azerbaijan

Nigeria

Congo

Cameroon

North Korea

Sri Lanka

Bahrain

Cuba

Tajikistan

Equatorial Guinea

Afghanistan

Libya

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

40

41

42

43

44

45

46

47

48

49

50

51

52

53

54

55

56

57

58

59

60

61

62

63

64

65

66

67

68

69

70

71

72

73

74

75

76

77

78

79

80

81

82

83

84

85

86

87

88

89

90

91

92

93

94

95

96

97

98

99

100

167,823

28,845

23,768

22,873

25,933

13,209

10,234

10,368

10,386

6,186

2,213

2,635

1,601

2,169

2,350

1,162

707

731

647

695

175

439

191

125

97

75

10

83,974

51,051

51,036

30,582

17,322

13,261

51,532

12,177

14,300

9,209

5,897

4,746

4,534

552

116

196,110

11,553

11,924

17,642

15,600

19,676

12,331

11,127

3,441

8,634

7,948

8,311

7,440

2,922

3,951

3,995

4,926

5,240

2,972

1,247

1,622

2,621

1,643

1,490

2,328

1,364

1,322

1,195

1,543

1,255

930

1,015

1,214

460

772

648

687

734

653

644

567

1,059

483

311

305

221

472

399

264

273

399

336

535

597

137

386

317

189

266

336

106

165

2,969

632,107

627,733,226

121,131,733

86,716,043

84,405,875

72,265,706

59,405,892

55,552,768

51,272,330

25,567,799

17,658,670

13,738,712

8,869,784

6,276,022

5,823,470

4,957,824

4,275,190

2,229,032

1,543,863

1,442,004

1,141,207

1,028,299

939,616

732,772

414,769

180,281

136,070

27,495

502,351,577

378,026,037

206,590,432

160,066,394

105,746,210

54,320,185

128,225,152

40,703,927

37,550,800

22,055,042

14,384,052

6,491,445

6,041,860

939,802

58,225

611,345,509

63,196,463

61,023,030

57,739,501

54,207,266

49,821,762

28,268,317

27,275,336

26,746,446

24,224,470

24,210,709

20,675,239

19,356,044

13,002,416

11,822,124

9,163,933

8,448,366

8,370,295

7,494,363

6,710,536

6,231,429

5,983,953

4,633,599

4,530,643

4,143,025

3,856,386

3,498,069

3,071,512

2,954,967

2,485,234

2,411,446

2,404,271

2,395,248

2,038,683

2,019,878

1,993,278

1,972,750

1,941,173

1,738,535

1,633,477

1,515,124

1,434,486

1,375,698

1.349.440

1,247,310

1,092,988

1,092,685

1,009,174

970,314

839,854

756,241

752,584

736,570

711,575

670,646

667,913

665,514

593,337

505,600

503,010

493,992

483,719

8,183,561

2,614,338,328


VIETNAM SEAFOOD EXPORT TO MARKETS, JAN – JUN 2011Value (US$) Value (US$)Markets

Total

44 others

MarketsNo. No.

EU

CHINA & HONG KONG

OTHERS

ASEAN



14

MARINE PRODUCTS

VIETNAM TUNA EXPORT, JAN – JUN 2011In June 2011, Vietnam exported 7,232 MT of tuna,

worth nearly US$30 million, up 1 percent in volume and 24.6 in value from the same month last year. Exports to the EU got rapid growth, with 37.7 percent in volume and 52.8 percent in value, in which Germany recorded the highest growth of 237.3 percent in volume and 304.5

percent in value. Germany was the largest European importer of Vietnam tuna in terms of value. Other leading importers in top 3 - Italy and Belgium - reported a drop in import value, with 47.4 percent and 14 percent, respectively.

Tuna Export, Jan - Jun 2007/2011Tuna Export, Jan - Jun 2011 (Value)

Others13.7%

Iran 3.6%

Israel 1.0%Canada

1.8%

Japan12.2%

EU17.6%

The U.S.50.1%

1,000 tons US$ mil.

Volume Value

The U.S.

The EU

Germany

Italy

Belgium

Japan

Iran

Canada

Israel

Lebanon

Taiwan

Switzerland

Others

Total

2,316

1,759

893

125

106

377

513

83

56

107

199

87

1,735

7,232

11.753

6.984

2.798

0.575

0.671

2.061

0.876

0.379

0.366

0.423

0.542

0.393

5.738

29.515

+10.1

+37.7

+237.3

-62.6

-17.0

-6.9

-9.0

-44.9

-68.1

-66.8

+34.8

-44.0

-6.6

+1.1

+22.9

+52.8

+304.5

-47.4

-14.1

+25.9

+0.8

-43.6

-48.8

+21.4

+22.9

+17.6

+26.5

+24.6

16,044

9,916

3,414

1,566

942

3,386

4,889

643

459

651

573

378

7,901

44,839

103.364

36.362

9.394

5.847

5.493

25.188

7.475

3.650

2.142

1.935

1.678

1.504

23.170

206.468

+1.1

+26.9

+54.4

-9.7

+33.6

+23.3

+231.0

-8.7

-52.5

-40.4

-50.3

-5.3

-10.2

+9.3

+33.8

+33.5

+62.2

-1.2

+24.7

+60.9

+268.6

+5.2

-34.6

-14.4

-34.0

+45.4

+11.7

+32.8

Volume (MT)

Volume (MT)

Value (US$ mil.)

Value (US$ mil.)



Volume

June 2011 Jan – Jun 2011

VolumeValue Value

Markets

Monthly Average Export Prices for Tuna, June 2008/2011USD/kg

Source: VASEP in cooperation with Vietnam Customs

Japan

The U.S.

EU



15

MARINE PRODUCTS

Yueh Chyang Co

Hong Ngoc PTE

Foodtech Co., Ltd

Highland Dragon

Thanh Son PTE

Thinh Hung Co., Ltd

Tin Thinh Co., Ltd

Hoang Hai Co., Ltd

Toan Thang Co., Ltd

Hai Long Nha Trang Seafood Co., Ltd

Ba Hai Co., Ltd

Havuco

Minh Chi Co., Ltd

Anna S.E.A International Co., Ltd

Ben Vung Seafood Co., Ltd

Bidifisco

Vinh Sam Im-Ex Co., Ltd

An Toan Seafood Co., Ltd

Hieu Han Co., Ltd

An Khoi Trading Co., Ltd

Kifocan

Seaspimex

Huong Giang Co., Ltd

Cat Tien Co., Ltd

Jei – Wang (Vietnam)

United Seafood Packers JSC

Hong Cat PTE

Khacanfood

Binh Minh Seafood Co., Ltd

Fujiura Nha Trang

An Binh Lai Seafood JSC

Mai Trang Pro

Fideco

Viet Seafood & Agricultural products Co., Ltd

Hai Hong Co., Ltd

Hai Binh Seafood Co., Ltd

Hoang Ha International Logistics

Yamato Food Co., Ltd

S.G Fisco

Phu Dong Hai Seafood JSC

Hai Vy Trading Co., Ltd

Dinh Son Ha Trading Co., Ltd

Hai Nam Co., Ltd

Alphasea Co., Ltd

Nhat Viet Agricultural High-Tech Farm Co., Ltd

Tashun Corp

Dai Cat Co., Ltd

Viet I-MEI Frozen Food Co., Ltd

Trang Corporation

Thai Minh Khoa Co., Ltd

Hung Phong Seafood Processing & Trading Co., Ltd

Pacific Seafood Co., Ltd

Viet Nhan Co., Ltd

An Thanh Trading Co., Ltd

Phan Duc Seafood Co., Ltd

Blue Ocean Co., Ltd

Viet Phat Seafood Co., Ltd

Mai Trang Trading Co., Ltd

Vinh Vang Trading Service Co., Ltd

Truc An Co., Ltd

Thanh Hai Fish Co., Ltd

An Lac Seafood Co., Ltd

Ha Long Canfoco

Hong Hieu Co., Ltd

Quoc Toan PTE

G.B.C.O Trading & Manufacturing Co., Ltd

Ten Truyen Co., Ltd

Viet Sin Co., Ltd

Baseafood

Nam Trung Hai Co., Ltd

Dat Phu Hai Trading & Service Co., Ltd

Viet Seafood & Agricultural products Co., Ltd

Song Minh Import Export Trading Service Co., Ltd

Phu Thanh Co., Ltd

A & C.D.N Food Co., Ltd

Anh Bo Trading Co., Ltd

Song Chi Co., Ltd

Luan Vo Seafood Co., Ltd

Nha Trang Bien Sang Co., Ltd

Dong Nam Hai Trading Co., Ltd

Thien Long Seafood Co., Ltd

Vinh An Co., Ltd

Sakura Food Co.

Kim Phat Im-Ex Co., Ltd

An Tuan Import Export Co., Ltd

Ngoprexco

Seapriexco No4

Gidico

Song Viet Co., Ltd

Astic Co., Ltd

Thanh An Seafood Processing & Trading Co., Ltd

Hang Xanh PTE

Thach Anh Trading Co., Ltd

Vien Thang PTE Co., Ltd

Sao Phuong Nam Co., Ltd

My Phat Co., Ltd

APT

Phu Loi Seafood Processing Co., Ltd

Phuoc Tho PTE

Tien Dat Co., Ltd

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

40

41

42

43

44

45

46

47

48

49

50

51

52

53

54

55

56

57

58

59

60

61

62

63

64

65

66

67

68

69

70

71

72

73

74

75

76

77

78

79

80

81

82

83

84

85

86

87

88

89

90

91

92

93

94

95

96

97

98

99

100

5,337

1,142

5,089

4,910

1,474

1,579

2,775

825

3,335

2,080

817

1,900

544

622

515

1,083

381

3,400

261

235

802

715

599

1,223

157

213

103

299

72

156

111

110

98

324

53

48

32

25

136

229

30

25

48

29

11

34

25

18

23

103

38

18,738,277

16,222,228

15,457,222

14,151,333

14,115,307

13,026,578

10,420,598

9,917,205

9,900,914

9,335,495

8,027,793

7,849,611

6,351,064

5,221,624

5,083,888

5,038,268

4,890,803

4,714,174

3,195,546

2,118,762

2,098,438

1,900,987

1,695,600

1,662,497

1,465,271

1,359,376

1,155,928

1,079,028

1,014,960

1,008,054

827,216

488,400

486,588

455,220

445,670

389,042

380,240

349,692

320,770

293,002

268,800

246,880

239,180

207,147

205,244

200,189

190,750

173,684

142,509

124,003

120,995

120,840

117,890

104,720

96,611

86,400

80,080

75,000

65,363

65,003

58,650

58,419

56,850

54,564

52,256

51,925

49,660

40,050

38,324

35,370

33,600

23,240

19,988

19,839

19,641

19,584

19,304

18,029

18,012

16,507

16,078

16,035

14,123

13,307

12,600

12,090

11,820

10,516

9,875

8,106

7,307

7,275

5,688

4,404

4,400

4,185

3,250

3,072

2,937

2,727

10,816

206,468,380

10

18

13

78

54

9

9

8

5

10

14

17

36

14

21

26

9

26

27

42

4

5

7

7

16

50

7

9

8

22

4

1

8

3

4

5

5

6

4

2

1

2

2

2

2

1

2

2

1

8

44,839

Volume (MT)

VIETNAM TUNA EXPORTERS, JAN – JUN 2011

Volume (MT)Value (US$) Value (US$)Exporters

Total

8 Others

ExportersNo. No.



16

MARINE PRODUCTS

Tunisia

Egypt

Rumania

UAE

Australia

Mexico

Syria

South Korea

Sudan

Saudi Arabia

Angola

Fiji

Dominic Rep.

Iraq

Honduras

Chile

New Zealand

Reunion

Namibia

Samoa

Libya

Pakistan

Oman

Sri Lanka

Cuba

Panama

Vanuatu

Bermuda

Ukraine

East Timor

South Africa

Yugoslavia

Trinidad & Tobago

Kuwait

Kenya

Bosnia Herzegovina

Costa Rica

Mauritius

Macedonia

Dominica

Guadeloupe

Congo

40

41

42

43

44

45

46

47

48

49

50

51

52

53

54

55

56

57

58

59

60

61

62

63

64

65

66

67

68

69

70

71

72

73

74

75

76

77

78

79

80

81

16,044

9,916

3,414

1,566

942

1,194

591

562

361

266

136

299

215

150

90

55

45

15

6

7

3

3,386

3,504

3,280

139

26

50

8

2

0,2

598

239

358

11,392

4,889

643

459

651

573

378

517

335

454

342

219

292

84

202

74

118

41

96

44

87

114

33

72

21

20

43

33

17

38

60

81

27

74

11

9

28

17

13

20

26

14

20

16

20

17

15

8

16

6

5

0.3

44,839

103,363,955

36,362,382

9,393,833

5,847,247

5,492,630

4,283,391

2,487,861

2,369,954

1,794,952

914,641

893,128

853,267

702,621

495,197

337,265

208,270

170,975

53,425

34,081

15,701

13,944

25,188,274

8,892,259

8,392,118

344,750

68,175

67,000

16,507

3,072

638

2,188,711

1,156,023

1,032,688

30,472,799

7,474,684

3,650,470

2,141,676

1,935,292

1,678,158

1,503,934

1,356,000

1,181,914

1,165,650

861,865

819,849

675,773

670,309

579,742

557,922

450,983

305,993

254,760

238,250

230,133

205,680

178,649

170,858

169,050

161,951

159,635

150,270

146,034

136,281

122,400

105,300

104,252

100,099

81,625

80,080

64,292

55,944

52,748

51,150

49,660

48,600

48,384

48,080

45,210

45,060

42,750

39,480

35,000

23,309

16,344

1,270

206,468,380


VIETNAM TUNA EXPORT TO MARKETS, JAN – JUN 2011Value (US$) Value (US$)Markets

Total

MarketsNo. No.

EU

CHINA & HONG KONG

OTHERS

ASEAN

The U.S.

Germany

Italy

Belgium

Spain

The Netherlands

France

The U.K.

Poland

Denmark

Greece

Austria

Switzerland

Hungary

Portugal

Cyprus

Czech

Lithuania

Slovakia

Malta

Japan

Thailand

Indonesia

Malaysia

The Philippines

Singapore

Brunei

Cambodia

China

Hong Kong

Iran

Canada

Israel

Lebanon

Taiwan

Switzerland

The Bahamas

Norway

Croatia

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

In the first half of 2011, a total of 44,839 MT of tuna was shipped to 81 markets for US$206.5 million, accounting for 7.9 percent of Vietnam total seafood export value. The proportion in value of three main markets were slightly up compared to the same period of

2010. The U.S. represented over 50 percent against 49.7 percent of 2010; and Japan up from 10 percent to 12.2 percent. ASEAN’s proportion fell from 5.5 percent to 4.3 percent from the same period last year.



According to Vietnam Customs, in the first six months of 2011, Vietnam tuna is exported to 81 countries and territories worldwide, reached nearly 45 thousand MT, worth US$206.5 million, an increase of 9.3 percent in volume and 32.8 percent in value on those of the same period last year. In which Vietnam tuna exports to the U.S. (the biggest consumer) reached over 16 thousand MT, valued at US$103.4 million, making up over 50 percent of the total tuna export turnover of the country.

In Jan - Jun 2011, monthly tuna

export volume and value to the U.S. remained double digit growth on

those of Jan - Jun 2010. In February 2011, Vietnam tuna exports to the

Seafood Export to The U.S, Jan - Jun 2011 (Value)

Tuna20.6%

Pangasius26.8%

Other Finfish4.5%

Crustacean3.2%

Shrimp 43.1%

Mollusk1.7%

17

Vietnam maintained tuna export growth to the U.S. in the first six months of 2011

Taiwan

Brazil

Southern Asia NEC(*)

Micronesia

South Africa

Italy

French Pacific Islands

Malta

Croatia

New Zealand

India

Barbados

Guinea

Peru

Samoa

Israel

British Pacific Islands

Belize

Hong Kong

Germany

Poland

Turkey

Africa, not elsewhere specified

France

Chile

Uruguay

29

30

31

32

33

34

35

36

37

38

39

40

41

42

43

44

45

46

47

48

49

50

51

52

53

54

56,534.6

8,788.2

12,920.2

9,869.7

8,192.3

4,664.6

3,906.8

3,997.5

1,753.9

1,269.7

1,188.3

1,404.2

446.5

501.0

2,857.3

649.4

308.0

397.8

287.5

195.7

221.1

144.3

257.0

288.5

120.9

135.9

50.2

34.2

106.0

95.7

55.5

74.2

93.4

55.6

60.9

18.1

19.5

235.6

51.2

29.7

12.0

23.5

23.8

17.6

40.6

6.8

16.0

0.7

4.5

1.1

1.4

0.9

0.9

0.6

122,430.8

212,161

55,949

52,700

52,059

42,620

22,407

14,830

13,953

7,163

6,792

4,730

4,704

4,580

4,355

4,323

4,209

4,151

3,070

2,117

1,939

1,773

1,683

1,640

1,543

1,352

1,222

1,075

985

908

701

649

568

563

530

490

475

453

363

348

224

146

136

130

107

99

71

42

32

16

16

14

8

5

2

537,181


TUNA IMPORT INTO THE U.S, JAN – MAY 2011(Source: GATS)

Value (1000 USD) Value (1000 USD)Origin

Total

Origin No. No.Thailand

Indonesia

Philippines

Vietnam

Ecuador

Other Pacific Islands, NEC

Trinidad and Tobago

China

Mexico

Colombia

Marshal Islands

Papua New Guinea

Canada

Costa Rica

Mauritius

Korea, South

Spain

Suriname

Panama

Sri Lanka

Leeward-Windward Islands(*)

Venezuela

Singapore

Malaysia

Japan

Portugal

Australia(*)

Greece

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

NEWS & EVENTS



18

NEWS & EVENTS

U.S. reached 1.8 thousand MT, worth US$12.2 million, down significantly due to decreased global demand, but the average export price reached US$6.75 per kilogram, up 18.4 percent on those of the same period of 2010.

In June 2011, tuna export value to the U.S. reported US$11.7 million with the average price at US$5.07 per kilogram, up 11.4 percent on that of June 2010.

According to Vietnam Customs, there are 41 Vietnam tuna exporters to the U.S. in which Hong Ngoc PTE is the leading with export value of US$16.2 million, followed by Thanh Son PTE and Yueh Chyang Co with export value of US$12.4 million and

US$11.7 million, respectively. In the first six months 2011, tuna export value to the U.S. accounted for a remarkable portion of 20.6 percent in Vietnam seafood export to the U.S. The tuna products exported to the market are mainly raw tuna (code HS 03) with US$73.8 million, representing 71.4 percent of total tuna export value to the U.S. in Jan - Jun 2011.

According to the statistics of Global Agricultural Trade System (GATS), in the first five months of 2011, the U.S. imported tuna from 54 countries worldwide with total volume of 122.4 thousand MT, worth almost US$537.2 million. In the ranking table of tuna exporters

to the U.S., Vietnam ranks the fourth after Thailand, Indonesia and the Philippines with the volume of 9.87 thousand MT, worth over US$52 million, accounting for 9.7 percent of total tuna import value of the U.S. Thailand showed the highest tuna export value to the market (US$212.2 million).

In recent years, Vietnam has ranked after Ecuador in tuna export value to the U.S., but in 2011, Vietnam is outstripping Ecuador. Ecuador ranked the second after Thailand but in last 3 years, Ecuador was downgraded to the fifth in 2011. This is an opportunity for Viet Nam tuna sector to promote processing and exporting to the U.S.

Vietnam attends Asia aquaculture meeting

The Mekong River Delta to enhance the quality of 3 key export itemsThe Meeting of Asian Ministers in Charge of Aquaculture

kicked off on July 28 in Sri Lanka, with the participation of many countries, including Vietnam.

The meeting was jointly held by the United Nations’ Food and Agriculture Organization (FAO) and the Network of Aquaculture Centers in Asia-Pacific (NACA) in coordination with the Sri Lanka Ministry of Fisheries and Aquatic Resources.

Delegates to the meeting focused their discussions on sustainable development of aquaculture for food security, nutrition and economic development of Asian countries.

The Vietnamese delegation, led by Deputy Minister of Agriculture and Rural Development Vu Van Tam, confirmed that the Vietnamese Government always attaches important to realising its strong commitment to the Colombo Declaration and Strategy to develop aquaculture in Asian countries.

On the sidelines of the meeting, Mr. Tam had a talk with Sri Lankan Minister of Fisheries and Aquatic Resources Rajitha Senaratne on fostering bilateral cooperation in fisheries following the 2010-2013 working plan signed by the two countries in October 2009.

The two sides agreed to center on farming lobsters, seaweeds, sea cucumbers, and brackishwater prawns. The two sides approved to establish a Vietnam - Sri Lanka joint working group to deploy the implementation of cooperative plans in the coming time.

According to the orientation of Ministry of Industry and Trade (MOIT), in the period of 2011-2015, the provinces in the Mekong River Delta will foster the quality of 3 key export agricultural products (rice, seafood and fruits and vegetables).

Accordingly, the rice item will be produced in cleaner and more economical approach to increase its added value. The local authorities will focus on raising the rice export price to reach US$3.5-4 billion of rice export turnover by 2015.

In the upcoming years, the total rice production is expected to rise by 3 percent per year and reach 46 million MT until 2015, in which 36-37 million MT will serve for domestic demand and reserves, the rest of 9-10 million MT will be used for processing and exporting.

In term of seafood items, the local authorities will develop new and high quality products, create and protect the brand name. It is estimated that Vietnam will rise 6-7 percent of seafood production per year and reach 1.6-1.7 million MT of seafood export volume with US$7.5 billion of export turnover by 2015.



19

NEWS & EVENTS

Zero percent tax for raw fish import to boost seafood export

Offshore fishing vessels in Tra Vinh will be equipped with satellite receivers

Vietnam seafood processors are facing with a huge pressure on scarce raw material supply, particularly shrimp, tuna, mollusks (code HS 0306 and 0307) because domestic raw material production is not sufficient. With high import duty (12-18 percent) on raw fish, local seafood processors can not afford to import raw material for processing and exporting.

In term of value, Vietnam is one of the world’s ten leading seafood exporters. However, in recent times, Vietnam seafood sector has encountered lack of raw materials such as raw shrimp, marine fish and unstable supply of pangasius.

The cause of the shortage is the reduction of catch landing because the East Sea insecurity has prevented fishermen from going offshore fishing. Besides, Chinese fish dealers competed with local businesses in purchasing raw fish on boats or at fishing ports in Vietnam with high price.

In the Mekong Delta, despite the shrimp farming area is 600,000

hectares, bringing over 1 million MT of shrimp annually, local shrimp processors can not find enough raw material for operating, especially in the early or the end of the year.

Even in the shrimp harvest, many local shrimp businesses still have to reduce the processing capacity because raw material price increases faster than export price. Moreover, in 2011, the problem of lacking of raw materials becomes worse due to bad weather conditions and widespread epidemic on shrimp, leading lower production.

In the recent years, because of lacking domestic raw material, many Vietnam seafood enterprises have imported raw materials to meet the orders signed, ensure plants’ operation as well as create stable income for their workers.

Local seafood enterprises surveyed by Vietnam Association of Seafood Exporters and Producers (VASEP) said that they were in need of importing raw material for processing and they propose to be exempted from import tax on raw fish.

According to Vietnam Customs, up to now, the country has imported raw materials of fish from over 70 countries and territories. In the period of 2001 - 2004, Vietnam’s raw fish import value reached about US$90 - 100 million per year. In the period of 2005 - 2008, import value rose to US$200 - 300 million per year. Until 2010, raw fish import volume reached 130.2 thousand MT, worth over US$325 million. The main suppliers of raw fish for Vietnam are Japan, ASEAN, Taiwan, South Korea, the U.S. The import portion surely has no impact to local fish production.

Thus, Vietnamese seafood enterprises request relevant authorities to consider import tax exemption on the black tiger shrimp, whiteleg shrimp, cephalopods in order that they can hold initiative in raw material supply for processing and exporting to reach the target of US$6.5 - 6.7 billion by 2015 and US$8 billion by 2020 planned by the Government.

According to Tra Vinh province’s Department of Agriculture and Rural Development, the province has been directed to implement the project “Observation system for fishing vessels, fishing grounds and fisheries resources using Movimar satellite technologies”.

Offshore fishing boats in Tra Vinh (a Mekong Delta province) and other 27 coastal cities and provinces nationwide will be connected with the Movimar satellite system under a French-funded project worth

EUR14.3 million. Of the total funding, the French

side contributes EUR13.9 million and the Vietnamese government VND10.2 billion (roughly EUR56 thousand).

The three-year project, starting from this year, will equip 20 offshore fishing boats in Tra Vinh province with satellite receivers. The capacity of each offshore fishing boat must be 90 HP or more.

The installation of satellite receivers helps the localities perfect

their managerial system for fishing boats as part of efforts to realize modernization and industrialization of the fisheries sector, ensure the safety of vessels and the sovereignty of Vietnam waters.

The satellite receivers enable fishermen to define rich fishing grounds, save fuel, update weather forecast (the information about the approaching storms, low tropical pressure) and contact with other boats.



20

NEWS & EVENTS

Tafishco inaugurated aquaculture materials supply center

FAO to help Vietnam control aquatic diseases

The center has a total area of 1,000 m2. It consists of 01 office serving for the management and administration of the link chain management, 01 laboratory about fish diseases and management of water in ponds, some showrooms for aquatic breeds, aquatic medicine and aquatic food and 01 hall to serve for meeting, symposium on the aquaculture field.

From the position of the pioneer in linking chain, Thuan An Company meets a lot of difficulties from the stage of campaigning participants to proposing implementation policy from management agencies of the state. However, the name “ Pangasius link chain – Tafishco” is known by Seafood industry and everyone through the media as well as local press offices and national media agency introduce and report about this pilot model.

Therefore, with recognizing the importance of pilot model and to help this pilot chain bring to durable effect, it is necessary to establish “Aquaculture materials supply center”. This center operates according to motto and purpose which are set by leaders of Thuan An Company such as:

- The center brings to excellent service for fishermen in controlling the quality of fingerlings, medicine, food and used materials. Besides,

the fishermen can access to materials with manufactory’s original price in condition of market price rising abnormally, affecting on production, calculating materials of input to ensure profitable harvest.

- Tafishco is proactive about raw materials for factories’ production, maintains stable production, supplies employment and income for officers and employees. Moreover, traceability can be operated clearly. This helps us enhance the brand to compete on export market.

- The center is a strong link between all the members for stable and mutual development. It is a bridge to combine Breeding facilities – Fish for meat – Food suppliers – Seafood medicine suppliers and processing factories. They can frequently meet and exchange information, share risks, difficulties, advantages in the process of aquaculture, process and export to aim to stable, developed and sustainable aquaculture industry.

The center is a place where mobilizes many units providing food, seafood medicine to exhibit, delivery and post price openly so that fishermen can have their own choosing. On the other hand, the center is also prepared some equipments in laboratory and a team of technicians who can advice and support for fishermen

in using medicine to treat for fish personally or operate examination and treatment services for fish if fishermen request.

A distinct feature of this center is in charge of product consumption after harvest (the center will link with 02 processing factories-AFIEX and CADOVIMEX to consume fish from fishermen). If fishermen request to sign product underwriting contract, center will sign this contract at the beginning of fish nourishing and ensure the output according to market price for each period. Main operation of center is service. It is like a aquatic club, so every fisherman can come here to learn about export situation, fingerling situation, price of raw material, price of food and epidemics...Generally, they can know about aquaculture production process, export pangasius...This center will often associate with An Giang Agriculture & Rural Development Department (DARD) and An Giang Fisheries Association (AFA) updating the latest and hottest of pangasius field to convey to fishermen. Thus, fishermen can come here to drink tea and talk about pangasius. It is not necessary to buy any product when coming this center.

Deputy Minister of Agriculture and Rural Development Vu Van Tam on July 29 met with FAO Assistant Director General for Fisheries and Aquaculture Arni M. Mathiesen and Deputy Director General of FAO Fisheries Department Rohana Subasinghe.

During the meeting, the two sides discussed FAO assistance for building a network to prevent and control aquatic diseases in Viet Nam. The meeting took place on the sidelines of the Meeting of Asian Ministers in Charge of Aquaculture to which the officials

attended. The FAO officials pledged to

discuss specific measures to control aquatic diseases as soon as they receive FAO experts’ final report on aquatic diseases, especially on shrimp and oysters in the country.

(TheFishSite News Desk)



19

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