Pangasius fish price remains high in Mekong Delta

SGGP
Pangasius fish price has remained high before the Tet holiday until now, approximating VND28,000-30,000 a kilogram, said Mr. Nguyen Thanh Binh, director of Chau Thanh Seafood Cooperative in Dong Thap province yesterday.

Farmers harvest pangasius fish in the Mekong Delta (Photo: SGGP)

Farmers harvest pangasius fish in the Mekong Delta (Photo: SGGP)

These prices ensure big profit for breeders, he added.
Processing and exporting companies say that the high price has been thanks to stable export market in Asia and America while the volume of fish ready for harvest is not much in the Mekong Delta region.
Mr. Doan Toi, chairman of Nam Viet Seafood Company in An Giang province, said that the fish price might remain high this year but it is unpredictable in following years. So breeders should not expand farming especially in areas out of plan without cooperation with processing firms.
They should focus on improving the fish quality and reduce costs to improve competitiveness.
According to Vietnam Association of Seafood Exporters and Producers, pangasius fish export turnover reached $1.78 billion last year, up 4.3 percent over the previous year. It is expected to approximate US$1.85 billion this year.

By NGUYEN THANH – Translated by Hai Mien

Other news

Most view

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Economy

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market