Vietnam pangasius farming results for 2024 and directions for 2025

Published 2024년 12월 20일

Tridge summary

The pangasius farming sector has seen significant growth, with over 240,000 broodfish ready for spawning as of now, including 180,000 from commercial stocks and 60,000 high-quality pangasius. The production of fry and fingerlings has reached impressive numbers by the end of October 2024. However, the sector faces challenges such as climate change, saltwater intrusion, and increasing production from countries like Indonesia, India, and China, which are driving competition in key markets. To achieve the targets set for 2025, which include producing 1.65 million tons and generating $2 billion in export revenue, the sector plans to focus on improving broodstock, innovating feed, recycling by-products, applying technology, and building strong brands.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Regarding broodstock, there are currently over 240,000 broodfish ready for spawning. Of these, 180,000 were selected from commercial fish stocks, and 60,000 are high-quality pangasius transferred by the Research Institute for Aquaculture II under the 2016-2020 breeding program (40,000 have spawned, and 20,000 are first-time spawners). By the end of October 2024, fry production reached 25.95 billion, and fingerling production totaled 3.9 billion. For commercial farming, the total farming area in 2024 is estimated at 5,370 hectares, equivalent to 95% of the 2023 figure). The new farming area added annually during 2020-2024 remained stable at 5,200-5,800 hectares, except for a significant reduction in 2020 due to the COVID-19 pandemic. The harvest yield for 2024 is projected at 1.67 million tons, approximately 99% of the 2023 level. Forecast and development strategies for the pangasius sector in 2025 Climate change and saltwater intrusion in the Mekong Delta, combined with shifts in ...
Source: Vasep

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.