Fishery enterprises: a decrease of 35-50% in orders issued by Covid-19

( According to the survey of member enterprises of VASEP, due to the impact of Covid-19 epidemic, especially in the first two weeks of March 2020, production, business and export activities. of fishery businesses are increasingly affected seriously. Up to this point, most businesses have had a decrease of 35-50% of orders (due to cancellation, back order or lack of raw materials).

Which direction for pangasius?

The Covid-19 epidemic has significantly affected the pangasius production, processing and export industry in particular, the Mekong Delta in general, when the Chinese market still accounted for a large proportion. However, this is an opportunity to build a more sustainable path for this particular fish.

Pangasius has a chance in other markets

Pangasius is one of the products heavily influenced by Covid-19. However, there are still many opportunities in other markets for Vietnamese pangasius.

Pangasius exports to the US market may increase in the near future

( In January 2020, Pangasius export to most markets decreased sharply compared to the same period last year. In particular, Pangasius exports to the US market this month surpassed China - Hong Kong to become the largest market of Vietnam with an export value of US $ 18.1 million, accounting for 17.8% of the total export value of fish. Investigate.

More opportunities to expand the market for pangasius

Pangasius industry experts forecast that each inspection period, Vietnam pangasius will have an opportunity to expand the world market.