Seafood News

  • The war between Russia and Ukraine causes the global gas price to keep increasing, which affect directly into the supply chain, production cost, transportation, ocean freight.
  • Vietnam Vannamei and Black tiger prices are expected to gradually increase over the next few weeks as supplies become tight before the main harvests begin from April and May. Earlier in the second half of 2021, processing plants had to buy and stock raw material shrimps at high price, peaking in the final weeks of the year. The Shrimp processing factories in Mekong Delta provinces are increasing recruitment of workers and expanding production after Lunar New Year.
  • Supply Chain issues continued to constrain output growth. Firms are still having difficulty enticing workers back to factories in large enough numbers to keep on top of workloads, while raw materials remain low after New Year. Manufacturers signaled a further sharp rise in input prices, reflecting higher raw material costs as suppliers upped their charges. Rising oil prices also cast a shadow.
  • In January 2022, Vietnam’s seafood exports brought in $872 million, recording a record-high revenue in the first month of the years. Accordingly, Vannamei shrimp exports increased by 39%, and black tiger shrimp exports increased by 92%. Total shrimp exports brought in $313 million, up 43%. Pangasius exports increased by 78%, bringing in nearly 214 million USD, Tuna increased by 108% with a turnover of 88 million USD. Squid increased by 57% and Octopus increased by 31%, the total turnover of these two species increased by 45% to 63 million USD.
  • Mr. Ho Quoc Luc, Chairman of the Board of Directors of the Sao Ta Food Joint Stock Company said Vietnamese processed or fresh shrimp products are popular due to their more beautiful packaging and stable quality compared to other competitors. The US would continue to be the key market for many Vietnamese seafood products such as shrimp, pangasius and other seafood products.
  • The seafood exports enterprises are worried after Ho Chi Minh City has started to test the system of collecting fees for using works, infrastructure, services and community utilities in the Seaport border gate area, from February 16 to the end of March 15 for the purpose of preparing for the official toll collection from April 1.

Covid-19 situation:

Vietnam Nationwide

  • From March 15, Vietnam will fully reopen inbound tourism, with foreign tourists allowed to visit the country without booking tour packages. the health ministry required all visitors aged 12 and above to produce a negative PCR test result obtained within 72 hours besides vaccination or recovery certificates. Foreign tourists should remain in their place of accommodation 72 hours after arriving in Vietnam with the first 24 hours mandatory.
  • Vietnam’s Ministry of Health confirmed 151,852 Covid-19 patients throughout the nation on March 3, in addition to 36,902 hospital discharges and 114 virus-related deaths.
  • The United States sent another batch of 1.6 million Covid-19 vaccine doses of Pfizer-BioNTech to Vietnam on March 1, raising the total donation to over 26 million doses.
  • Children aged between 5 and 11 in Vietnam will be injected with Pfizer-BioNTech Covid-19 vaccine with a dosage of 0.2 milliliters, according to the Ministry of Health.
  • The number of international flights has been on the rise since Vietnam restored all international routes since mid-February with no frequency restrictions, and it will continue increasing as the country will fully reopen international tourism on March 15.
  • Over 178 million doses have been administered to the adult demographic of the country’s 98 million people, including 70,744,790 first shots, 67,456,673 second doses, 13,979,774 additional primary jabs, and 24,564,359 boosters.
 

Ho Chi Minh City

  • HCMC on March 3 ordered tightened coronavirus restrictions in high-risk areas, suspending bars and clubs as also limiting certain non-essential activities. “We’re seeing a high number of Covid-19 cases everywhere: from schools to businesses to families. It’s a worrying sign,” said Duong Anh Duc, deputy chairman of the HCMC, adding that the number of people being treated at home has also rise significantly.
  • The People’s Committee of Ho Chi Minh City has decided to dissolve Covid-19 treatment facilities at Phu Nhuan District Hospital and Children’s Hospital 1, as well as concentrated quarantine centers for coronavirus patients set up at a number of establishments under the management of the municipal Department of Labor, War Invalids, and Social Affairs.
  • A considerable number of people in Ho Chi Minh City have tested positive for Covid-19 just a few months after recovering from the respiratory disease, with many of these patients having already received their booster shots.

Hanoi

  • Hanoi recorded an average daily jump of 10,000 plus this week, a sharp rise compared to only 5,000 cases last week. 
  • Chairman of the Hanoi People’s Committee Chu Ngoc Anh warned the capital city would see the peak of the current Covid-19 surge in the middle of March, which may also lead to an increase in hospitalizations and pressure on the healthcare system.
  • Students from the 1st to 6th grades in the 18 suburban districts of Hanoi will return to online learning as part of local efforts to curb Covid-19 transmission.
  • Authorities in Hanoi are mobilizing private hospitals and retired medical staff to aid the efforts of Covid-19 prevention and control amid the current surge of infections.

Khanh Hoa (Nha Trang)

  • On March 2, Khanh Hoa province recorded 2,076 new Covid-19 cases (an increase of 196 cases compared to yesterday), which Nha Trang city has 863 cases. Up to now, the number of people aged 18 and over in the province has been covered with the 1st and 2nd dose of Covid-19 vaccine, reaching more than 100%, and the 3rd dose is more than 81%.
  • Cam Ranh and Nha Trang city accelerate the progress of vaccination against Covid-19 with the 3rd dose, in which the 3rd injection is given to adults who are 18 years old and the 1st dose is for students who are full 12 years old.

Da Nang

  • Da Nang healthcare system is acting to relieve “very high pressure” on its workforce as a result of rising Covid-19 cases and large numbers of staff having to self-isolate. The focus is on taking drastic measures to provide effective treatment for Covid-19 patients, especially those with severe symptoms.
  • Da Nang documented 7,398 recoveries from Covid-19 in Da Nang on March 3, of which 7,181 were documented during home-based treatment and the remaining 217 ones were reported at healthcare facilities citywide.
  • Data published by the Da Nang Department of Health shows that a total of 1,900 patients are being treated for Covid-19 at 15 healthcare facilities across the city, of whom, 270 have severe symptoms. Many healthcare facilities in the city are reporting critical staffing shortages with decreasing staff levels as nurses and doctors themselves fall sick or have to quarantine after being exposed to infected people.

Do you have any questions? Feel free to drop us a line!

Facebook
Twitter
LinkedIn

Thank you for subscribing to our Newsletter!

You have been added to our @Source mailing list.
You will receive exclusive news about:

  • Market Information
  • Product Information
  • QA Education

Download Passion Foods Catalog

You will be receiving our exclusive catalog after filling out the required field below. 
Keep up to date on our latest products & offers!

We don’t spam! Read our privacy policy for more info.

Download Sauté 'n Serve Catalog

You will be receiving our exclusive catalog after filling out the required field below. 
Keep up to date on our latest products & offers!

We don’t spam! Read our privacy policy for more info.

Download Black Tiger Shrimp Calendar

We don’t spam! Read our privacy policy for more info.

Download Vannamei Shrimp Calendar

We don’t spam! Read our privacy policy for more info.

Download LP Foods Catalog

You will be receiving our exclusive catalog after filling out the required field below. 
Keep up to date on our latest products & offers!

We don’t spam! Read our privacy policy for more info.

PASSION FOOD COMING SOON​