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Seafood export 2016: The brightest is still pangasius

Update: 12/14/2019
Compared with shrimp, seafood caught, right from the beginning of 2015, Pangasius is the brightest point. It is expected that in 2015, with the signing of a series of trade agreements, the opportunity for Vietnam pangasius penetration into the world market becomes brighter ...
 
Boost exports
 
Tra fish export orders are increasing significantly in the first half of January 2015. Regardless of whether the Euro, Japanese Yen or the price of oil, Vietnam pangasius with low price, stability and quality is significantly enhanced still attracts the attention of customers. The increase of export impact on materials in the country, the current price of pangasius increased to 24,200-24,500 VND / kg. With such bright situation, many businesses do not hesitate to forecast in 2015, Vietnam pangasius industry will have a breakthrough in export. This is the most favorable year for the pangasius industry to sell.
 
According to Duong Ngoc Minh, vice president of Vietnam Association of Seafood Exporters and Producers (Vasep), there are two reasons for the surge in exports of pangasius.
 
The first is the state's elimination of input VAT on many imported feed ingredients, while leaving the VAT at 5% on feed. Secondly, due to the impact of falling oil prices, the input of feed ingredients is expected to decrease from 5-10% for the whole of 2015 (in the year 2014, import materials will decrease by 25-30% on average). Food accounts for more than 70% of the cost of pangasius farming. Therefore, the elimination of VAT plus imported materials will reduce the cost of fish farming this year by at least 5-10%. It not only ensures farmers avoid losses when they hit the crop or have fluctuations in supply and demand, but also helps export pangasius products have a competitive advantage compared to some food items in the world. .
 
The cost of farming and processing also reduces the opportunity for enterprises to calculate and improve the quality of products to create more competitive. Currently, according to a market survey, soybean cakes dropped by 25%, cassava continues to decline as oil prices fall below $ 50, countries do not use cassava to produce ethanol. Meanwhile, businesses have also reduced 3-5% of feed prices.
 
Accelerate investment integration welcome
 
Along with many other companies, Hung Vuong Joint Stock Company (HVG) is carrying out a series of projects to build fish processing factory, expanding the capacity of food processing plant. Duong Ngoc Minh, General Director of HVG said that this is the plan to welcome integration in 2015 and the next years. In 2015, when Vietnam signed a series of bilateral trade cooperation agreements, tariff lines were lifted, the market expanded as opportunities for businesses in the fisheries sector to accelerate exports. .
 
"The government opens the market, the rest of the business is to take advantage of the opportunity to penetrate deeply into the open market," said Minh. With the planned capital of 700-800 billion dong, HVG is speeding up construction of 3 more pangasius processing plants to increase the capacity by 30% and increase the capacity of the feed mill by 400,000. tons of years. By July this year, the company aims to have a total of 8 pangasius processing plants and feed mill systems with a capacity of 1-1.2 million tons per year.
 
In addition to investing massively in the plant, 2015 is also the year HVG aims to accelerate the deployment of farming projects, increase the area of ​​breeding 50% to ensure production of raw materials 250,000 tons. Explaining why investing in a difficult economic times, Mr. Minh said that besides the purpose of integration, HVG investment because the price of imported equipment at this time is too cheap. Japanese yen and euros depreciated. And what the business is doing to show, the plan to prepare for integration ahead of two years ago is absolutely right.
 
"There are no other groups in the world producing 1 million tons of food for only one aquaculture species in a country like Hung Vuong. Leading seafood corporations in large aquaculture countries such as China (tilapia), Norway, Chile, United States (catfish) produce only 250 -300 thousand tons of food per year. And we will have more than 1 million tons this year, "Minh said.
 
Share with us, Mr. Minh said that HVG also set the goal of pioneering enterprises in restructuring and restructuring the pangasius industry towards sustainable development, in which the first job is the owner This will reduce the price of processed pangasius to 10-15% this year, while raising the quality of products to promote and introduce pangasius products to the whole export market.
 
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