Vietnam’s pangasius exports expected to grow this year

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The Vietnam Association of Seafood Exporters and Producers (Vasep) forecasts Vietnam’s pangasius exports in 2022 to reach USD 1.7 billion, up 13% year-on-year. Vasep Secretary General Truong Dinh Hoe said the industry’s growth would be driven mainly by the companies’ adaptive efforts and the government’s support mechanisms. He added that exports to the US, Russia, and Egypt are expected to recover this year, while a decline is expected in exports to China and the EU due to Covid-related issues.

Regional Correspondent and Assistant Editor Asian Pork Magazine, Ho Chi Minh City, Vietnam. Covid-19 and the African swine fever had double impact on Asia’s pig sector and Ha Thu wrote a changing industry in, ‘Trends in Southeast Asia’s pig industry amid dual crisis’.