Although Vietnam’s tra fish has emerged as the global leader in Aquaculture Stewardship Council (ASC) certified tra fish production and steadily expanded its presence in premium markets, experts have advised aquaculture businesses and farmers to quickly adapt to the new, stricter ASC standards.

Vietnam aims to produce 1.7 million tonnes of commercial tra fish and earn US$2 billion from exporting the products in 2024, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.

Thanks to high demand, Northern Europe is a promising land for Vietnamese agricultural products, according to experts who also underlined the need for domestic firms to ensure product standards to win this potential market.

A Chinese trader has imported 500 containers of tra fish weighing 12,000 tonnes from Vietnam right after China’s lifting of its zero-COVID policy, showing a positive signal for the sector this year.

A surge of 87% was seen in tra fish exports to ASEAN markets in the first 11 months of this year to US$183 million, accounting for about 8% of total export revenue of the product in the period.

VOV.VN - Canada has risen to become the second largest importer of Vietnamese tra fish (pangasius) within the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

VOV.VN - Tra (pangasius) fish exports to China since the beginning of the year have suffered a decline of 22.6% to US$271 million against the same period last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).