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    Home > Food News > Food Articles > Vietnam Yonghuan Group's prospects for pangasius fish industry in 2022

    Vietnam Yonghuan Group's prospects for pangasius fish industry in 2022

    • Last Update: 2022-01-07
    • Source: Internet
    • Author: User
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    The Vietnam Fisheries Processing and Export Association (VASEP) reported that 2021 is about to end, and the seafood industry’s concerns about the new crown pandemic are still affecting markets in Vietnam and other countries around the world.
    As a leading company in Vietnam, Yonghuan Group will fight the epidemic and expand the market.
    Send a more positive signal
    .
     
    The four rounds of new crown epidemics that broke out globally have successively impacted the pangasius industry in Vietnam to varying degrees.
    According to industry insiders, the pangasius industry will still face major challenges such as supply shortages and rising breeding costs in the next year
    .
     
    Beginning in July 2021, Vietnam has imposed a blockade across the country, and many processing plants have been closed one after another, causing farmers to be unable to collect fish and can only temporarily raise fish in ponds
    .
    However, after the blockade was lifted, a large number of large-sized pangasius flooded into the market, exceeding the requirements of major markets such as the United States and the European Union
    .

     
    From July to October, due to the blockade and transportation restrictions, the seedling rate of Vietnamese pangasius was low, and the main seedling season has now passed
    .
    According to Mr.
    Tran Dinh Luan, Director of the Fisheries Department of the Ministry of Agriculture and Rural Development of Vietnam, there are 130 pangasius hatcheries in Vietnam, 96 of which are in operation
    .
    The fry production in June, July and August fell by 82.
    7%, 70.
    9% and 20.
    8% year-on-year, respectively
    .
    It is estimated that there will be a shortage of raw materials for export processing enterprises in early 2022
    .
     
    In addition, in the first 10 months of 2021, fish feed costs have risen by 30%, putting heavy pressure on farmers
    .
    It is expected that the challenge of aquafeed will continue until 2022, and transportation costs will remain high
    .

     
    In this context, Yonghuan Group managed to actively respond to production and export-related issues, and proposed a medium- and long-term solution plan
    .
    Truong Thi Le Khanh, Chairman of Yonghuan Group, said in an interview with Forbes: “The company’s productivity has increased by 10% over the past.
    Thanks to the early judgment of the situation, we are fortunate to contain the epidemic (spreading in the factory) and continue to Expand the scale of production in stages
    .
    "
     
    Looking forward to the future, the vaccination rate in the southern provinces where the pangasius factory is located in Vietnam continues to increase, and export companies enjoy more commercial supportive policies.
    Yonghuan Group hopes to minimize the epidemic’s restrictions on processing capacity.
    All Yonghuan Group employees are Have been vaccinated
    .
     
    In addition, Yonghuan Group built apartments for employees, hundreds of which were used as temporary dormitories during the blockade, and the rest will be built into complete modern residential areas
    .
    In the next few months, this is not only part of the emergency plan, but also one of the important benefits provided by the Yonghuan Group to its employees
    .

     
      Faced with the foreseeable challenges of raw material shortages and rising costs in 2022, Yonghuan Group is committed to maintaining supply capacity and optimizing production efficiency.
    Two strategic new projects will be put into operation next year: one is a new feed factory that will be put into operation in 2022.
    Put into production in September; the other is that the high-tech hatchery will be put into use
    .

    Epidemic of seafood processing and export seafood
     
      The four rounds of new crown epidemics that broke out globally have successively impacted the pangasius industry in Vietnam to varying degrees.
    According to industry insiders, the pangasius industry will still face major challenges such as supply shortages and rising breeding costs in the next year
    .
     
      Beginning in July 2021, Vietnam has imposed a blockade across the country, and many processing plants have been closed one after another, causing farmers to be unable to collect fish and can only temporarily raise fish in ponds
    .
    However, after the blockade was lifted, a large number of large-sized pangasius flooded into the market, exceeding the requirements of major markets such as the United States and the European Union
    .

     
      From July to October, due to the blockade and transportation restrictions, the seedling rate of Vietnamese pangasius was low, and the main seedling season has now passed
    .
    According to Mr.
    Tran Dinh Luan, Director of the Fisheries Department of the Ministry of Agriculture and Rural Development of Vietnam, there are 130 pangasius hatcheries in Vietnam, 96 of which are in operation
    .
    The fry production in June, July and August fell by 82.
    7%, 70.
    9% and 20.
    8% year-on-year, respectively
    .
    It is estimated that there will be a shortage of raw materials for export processing enterprises in early 2022
    .
     
      In addition, in the first 10 months of 2021, fish feed costs have risen by 30%, putting heavy pressure on farmers
    .
    It is expected that the challenge of aquafeed will continue until 2022, and transportation costs will remain high
    .

     
      In this context, Yonghuan Group managed to actively respond to production and export-related issues, and proposed a medium- and long-term solution plan
    .
    Truong Thi Le Khanh, Chairman of Yonghuan Group, said in an interview with Forbes: “The company’s productivity has increased by 10% over the past.
    Thanks to the early judgment of the situation, we are fortunate to contain the epidemic (spreading in the factory) and continue to Expand the scale of production in stages
    .
    "
     
      Looking forward to the future, the vaccination rate in the southern provinces where the pangasius factory is located in Vietnam continues to increase, and export companies enjoy more commercial supportive policies.
    Yonghuan Group hopes to minimize the epidemic’s restrictions on processing capacity.
    All Yonghuan Group employees are Have been vaccinated
    .
     
      In addition, Yonghuan Group built apartments for employees, hundreds of which were used as temporary dormitories during the blockade, and the rest will be built into complete modern residential areas
    .
    In the next few months, this is not only part of the emergency plan, but also one of the important benefits provided by the Yonghuan Group to its employees
    .

     
      Faced with the foreseeable challenges of raw material shortages and rising costs in 2022, Yonghuan Group is committed to maintaining supply capacity and optimizing production efficiency.
    Two strategic new projects will be put into operation next year: one is a new feed factory that will be put into operation in 2022.
    Put into production in September; the other is that the high-tech hatchery will be put into use
    .
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