Skip to content

Menu

Home
About us
Products
News
Contact
Catalog

NEWS & EVENTS

New Posts

The Ministry of Industry and Trade Approves the List of Reliable Exporters for 2022

Nghi Son Foods Group in the ‘Reliable Exporters’ List 2022

December 27, 2023

Categories

Nghison News
News and Events
Recruitment
Knowledge

Tuna
Certificates

The Ministry of Industry and Trade Approves the List of Reliable Exporters for 2022

Nghi Son Foods Group in the ‘Reliable Exporters’ List 2022

March 26, 2024

Catfish exports recovery

Approaching $1 Billion: Positive Catfish Exports Outlook

March 26, 2024

Xuat khau ca tra tang truong tich cuc

Xuất khẩu Cá Tra Chạm Ngưỡng 1 Tỷ USD, Hứa Hẹn Hồi Phục

March 27, 2024

Impact of Increasing Production Costs The competitiveness of Vietnamese seafood products is being affected by rising production costs, including feed prices, material input, electricity, and labor. Experts point out that these escalating expenses are putting pressure on seafood producers and impacting their production and selling prices. Electricity Price Hike and its Consequences The Ministry of Industry and Trade (MoIT) reported an 8.36% increase in the average retail price of power last week. This translates to a rise in electricity bills from 1,720 VND (7.49 US cents) per kWh to 1,864 VND (8.03 cents) per kWh (excluding VAT). The higher electricity tariffs have raised concerns among tra fish producers, as increased input costs are expected to affect their production and ultimately the selling prices. Challenges Faced by Seafood Processing Enterprises Seafood processing enterprises, particularly those involved in export-oriented production, heavily rely on freezers and air conditioning systems, which account for over 85% of their total power consumption. For example, a medium-capacity tra fish processing factory in Dong Thap province typically pays 10 billion VND for electricity per month. With the recent power price increase, factories will face significantly higher expenses. Calls for Reasonable Policies and Support The tra fish industry has suggested that the electricity sector consider and implement reasonable policies that create favorable conditions for production, particularly in the agricultural and fishery sectors. One proposed approach is to increase electricity prices gradually, with an initial surge rate of 3-4%, followed by suitable adjustments. Furthermore, enterprises urge the government to offer preferential loans to support the conversion of outdated electrical equipment to new, energy-efficient machines. Promoting the use of renewable energy resources is also seen as a viable solution. Labor Costs and Difficulties in Recruitment Seafood processing enterprises are facing challenges in finding workers, especially in Ho Chi Minh City and the Mekong Delta region. Despite increasing salaries to attract workers, enterprises are still struggling with labor shortages. Unstable incomes and hazardous working environments have prompted many workers to switch jobs. These difficulties in labor recruitment contribute to rising labor costs for seafood processing businesses. Feed and Antibiotic Costs The cost of feed in Vietnam's shrimp industry is higher compared to neighboring countries. Shrimp production costs in Vietnam are approximately 1 USD per kilogram higher than in neighboring countries. Additionally, the cost of antibiotics poses a significant financial burden on the domestic shrimp industry. The price of raw shrimp itself presents a major challenge for seafood processing enterprises due to unstable supplies caused by reductions in fishery resources and severe weather conditions. Investments in Large-scale Material Regions To mitigate production costs and ensure quality and hygiene control, large seafood producers have been actively developing large-scale material regions. These regions have higher capacities and allow for cost reductions. For example, companies like Minh Phu Seafood Corporation and Sao Ta Food Joint Stock Company have invested in expanding their shrimp farming areas to increase supply. Vinh Hoan JSC plans to expand its tra fish farming area, while Nam Viet Joint Stock Company is constructing a high-tech tra fish farming region to meet processing capacity targets. In conclusion, rising production costs in the Vietnamese seafood industry, including electricity, feed, labor, and material inputs, are presenting challenges for enterprises. The recent increase in electricity prices has led to concerns about the impact on production and selling prices. To address these challenges, the industry suggests reasonable policies, support for the adoption of renewable energy, preferential loans for upgrading equipment, and efforts to stabilize labor recruitment. Investments in large-scale material regions are also being made to reduce costs and ensure a steady supply of raw materials.

Costs cause seafood firms to sink

July 10, 2023

Commercial fishermen scramble to sell quota before year's end

Fishermen Rush to Sell Quota Before Year’s End

March 26, 2024

Vietnam yellowfin tuna exports growth 21%

Vietnam yellowfin tuna exports growth 21%

July 11, 2023

Xuất khẩu thuỷ sản sang Trung Quốc giảm liên tiếp do Covid

Xuất khẩu thuỷ sản sang Trung Quốc giảm liên tiếp do Covid

September 4, 2023

Xuất khẩu cá tra phục hồi mạnh

Xuất khẩu cá tra phục hồi mạnh

September 4, 2023

Xuất khẩu cá ngừ “tăng tốc” trong tháng 4/2021

Xuất khẩu cá ngừ “tăng tốc” trong tháng 4/2021

March 27, 2024

Trong Covid, doanh nghiệp thủy sản thích ứng và bứt phá

September 4, 2023

Xuất Khẩu cá tra tăng nhưng chưa mừng vội

March 27, 2024

Quý 1/2021, EU tăng nhập khẩu cá ngừ vằn đông lạnh

March 28, 2024

Tuna exports fell after two months of consecutive growth

June 1, 2023

Q1 2021: 3.16% Growth in Agri-Forestry-Fishery

March 27, 2024

SATS spurs US aquaculture with new campaign

SATS spurs US aquaculture with new campaign

March 28, 2024

Namibia revels in MSC certification of hake fishery

Namibia revels in MSC certification of hake fishery

June 1, 2023

World’s biggest fish market in Tokyo hit hard by COVID-19

June 1, 2023

Act Now to Save Indian Ocean Yellowfin Tuna from Overfishing

Act Now to Save Indian Ocean Yellowfin Tuna from Overfishing

March 28, 2024

Fish consumption fights malnourishment in Bangladesh

March 26, 2024

Social media users sink teeth into sharks at wet market

June 1, 2023

Cellular agriculture: exciting and revolutionary

Stem Cell Seafood: The Next Big Thing in Shrimp Industry?

March 28, 2024

Asian carp roundup opens new front in battle

June 1, 2023

Surplus Asian catch sinks spot-prawn market

Surplus Asian catch sinks spot-prawn market

March 27, 2024

Pangasius exports to US continue to fall

March 27, 2024

Pangasius exports to England continues to increase

March 28, 2024

Situation of shrimp and pangasius market in May 2020

June 2, 2023

Coronavirus hits sustainable aquaculture

March 27, 2024

EC Acknowledges Vietnam’s Progress in IUU Fight

March 26, 2024

European Parliament ratifies EVFTA, EVIPA

European Parliament ratifies EVFTA, EVIPA

March 27, 2024

China's wet markets are not what some people think they are

China’s wet markets are not what some people think they are

June 2, 2023

ASEAN the next big fish for Vietnam’s seafood industry

ASEAN the next big fish for Vietnam’s seafood industry

June 2, 2023

India's seafood exports pegged at 12,89,651 MT in FY 2019-20

India’s seafood exports pegged at 12,89,651 MT in FY 2019-20

June 2, 2023

Seafood markets come under spotlight amid Beijing’s new outbreak

Beijing’s Outbreak Puts Spotlight on Seafood Markets

March 27, 2024

Seafood Industry Dispels Beijing’s COVID-19 Salmon Rumors

March 26, 2024

Int’l Photo Contest Highlights Fish Market Aerial Shot

March 26, 2024

Local business brings Alaskan fish to Central Texas markets

Local business brings Alaskan fish to Central Texas markets

June 2, 2023

Tuna exports to Italy soar

June 2, 2023

Vietnamese catfish exports dominate US market

June 2, 2023

Deadly new seafood virus should be prevented: Ministry

June 2, 2023

Egypt emerges as promising market for Vietnamese canned tuna

June 2, 2023

Việt Nam to promote shrimp exports to EU next year

Việt Nam to promote shrimp exports to EU next year

June 2, 2023

Seafood exports plummet

June 2, 2023

Coronavirus: ‘severe shock’ to UK fishing as markets dry up

June 2, 2023

Seafood exports increase after EVFTA comes into effect

Seafood exports increase after EVFTA comes into effect

June 2, 2023

Vietnam to export 19.5% of its Pangasius to EU, Russia

June 2, 2023

Vietnamese Tra Fish Firms Hit by Pandemic Profit Drops

March 27, 2024

Seafood exports to China could recover in second half

June 2, 2023

Vietnam seafood exports could miss $10 bln target

March 28, 2024

Shrimp exports unscathed by global pandemic

Shrimp exports unscathed by global pandemic

March 27, 2024

Briefing of seafood market in the first six months of 2020

June 2, 2023

Young’s Seafood Chief Executive calls for seafood industry to champion best practice

Young’s Seafood CEO Urges Industry Best Practices Advocacy

March 26, 2024

Our images Nghi SOn Foods Group

Our Images

June 5, 2023

Tech Boosts Pangasius Farming Amid Challenges

March 28, 2024

Seafood Exports Estimated at $2.81B in Five Months

March 26, 2024

EU will remove tariffs on Vietnamese tuna in this August

June 3, 2023

Bình Thuận: Low consumption of commercial shrimp

Bình Thuận: Low Consumption of Commercial Shrimp

March 28, 2024

Top 10 seafood sellers to Vietnam in the first five months

October 30, 2023

NEW FISHERIES IMPROVEMENT PROJECT IN THE GULF OF THAILAND

June 3, 2023

Export Of Vietnamese Canned Tuna To The US Went up

March 28, 2024

ASSESSORS MUST RECONSIDER MSC TUNA EVIDENCE

Pangasius Exports Are Still Affected By Covid-19

March 28, 2024

ASSESSORS MUST RECONSIDER MSC TUNA EVIDENCE

Assessors Must Reconsider MSC Tuna Evidence

March 27, 2024

Xuất khẩu gần 40 tỷ USD hàng hóa sang thị trường CPTPP

December 20, 2023

Cơ hội và thách thức từ EVFTA

Cơ hội và thách thức từ EVFTA?

October 9, 2023

April Recap: White Leg Shrimp Prices Rise in Shrimp Market

March 26, 2024

Vietnam – China Agricultural Product Trade Online Conference

March 26, 2024

VIETNAM SHRIMP EXPORTS TO AUSTRALIA WENT UP

Vietnam Shrimps Exports To Australia Went Up

March 27, 2024

EU Council Advances Vietnamese Shrimp Industry – Trade Boost

March 26, 2024

SEAFOOD EXPORTERS FLOUNDERING DUE TO COVID-19

March 27, 2024

Rising Vietnam Tuna Exports to US, EU Amid Pandemic

March 28, 2024

PANGASIUS EXPORTS TO MALAYSIA WENT UP BY 23.6%

Pangasius Exports to Malaysia Went Up by 23.6%

March 27, 2024

Phạt 1,6 Tỷ Đồng 5 Tàu Cá Vi Phạm Thiết Bị Giám Sát

March 26, 2024

Cỏ biển – “bể chứa carbon” chống biến đổi khí hậu

March 28, 2024

Hỗ trợ ngư dân bám biển và chuyển đổi nghề phù hợp

March 28, 2024

Vietnam world’s fourth largest seafood exporter

Vietnam world’s fourth largest seafood exporter

March 28, 2024

Seafood export to CPTPP market increased sharply

Seafood export to CPTPP market increased sharply

March 28, 2024

Many tuna markets prospered in the first quarter in 2019

Many tuna markets prospered in the first quarter in 2019

June 5, 2023

Shifting seafood exports to ASEAN

Shifting seafood exports to ASEAN

June 5, 2023

Many advantages of exporting tuna to ASEAN market

Many advantages of exporting tuna to ASEAN market

March 28, 2024

Seafood export in the first 4 months of the year

Positive Signs in US, EU Seafood Exports in First 4 Months

March 26, 2024

Vietnamese squid and octopus are favored in South Korea

Vietnamese squid and octopus are favored in South Korea

June 5, 2023

Japan is the leading in importing Vietnamese seafood in the first 4 months

Japan Leads Vietnamese Seafood Imports in 4 Months

March 26, 2024

Opportunities in ASEAN for Vietnamese Tra Fish Exports

Opportunities in ASEAN for Vietnamese Tra Fish Exports

June 6, 2023

Chủ động chiếm lĩnh thị trường xuất khẩu Châu Âu

Chủ động chiếm lĩnh thị trường xuất khẩu vào Châu Âu

October 3, 2023

Đồng Tháp: Giá cá tra nguyên liệu tiếp tục giảm

March 28, 2024

Thị trường cá hồi toàn cầu 2019 đến 2029

March 27, 2024

Hội Nghị Thường Niên Ủy Ban Thủy Sản Thái Bình Dương

March 28, 2024

Sản Xuất Cá Tuyết Công Nghiệp Na Uy: Viết Lên Lịch Sử

March 26, 2024

81% Bạch Tuộc Đông Lạnh Nhập Hàn Quốc Từ Việt Nam

March 26, 2024

Thị trường cua, ghẹ trên thế giới: Nguồn cung khan hiếm

September 4, 2023

Nguồn Cung Nhuyễn Thể Hai Mảnh Vỏ Tăng

March 26, 2024

Một ứng dụng giúp ngư dân xác định các loài bị cấm khai thác

September 4, 2023

xuất khẩu cá da trơn

Mỹ Công Bố Luật Công Nhận Việt Nam Xuất Khẩu Cá Da Trơn

March 26, 2024

Xuất khẩu thủy sản 6 tháng đầu năm đạt 4 tỷ USD

March 28, 2024

Tôm Kiên giang

December 7, 2023

Kien Giang to expand shrimp farming models

Kien giang to expand shrimp farming models

March 27, 2024

Vietnam sets goal of USD 10.5 billion in seafood exports for 2019

Vietnam Aims for $10.5B in Seafood Exports for 2019

March 26, 2024

Revolutionizing tra fish sector with industry 4.0 technologies

Tra Fish Sector Transformed by Industry 4.0 Tech

April 23, 2024

The UK Shrimp import demand from vietnam remained stable

The UK: Shrimp import demand from vietnam remained stable

June 5, 2023

Seafood Expo North America & Seafood Processing North America-2019

Highlights: Seafood Expo North America 2019

March 28, 2024

Seafood Expo North America 2019

Largest Annual Seafood Expo in North America – SEA 2019

March 26, 2024

Vietnam Tra Fish Export to the US A Surprising Turnaround

Vietnam Tra Fish Export to the US: A Surprising Turnaround

June 5, 2023

Nghi Son Foods Group

Bring quality seafood to everyone

Facebook-f Linkedin-in Map-marked-alt

Nghi Son Aquatic Product Import Export Company Limited
Nghi Son Co., Ltd
Tax Id: 0312962965

Catalogue
Marine Fish
Dried Seafood
Yellowfin Tuna
Freshwater Fish

Visit Us

65 Tran Quoc Hoan, Ward 4, Tan Binh District, Ho Chi Minh City, Vietnam
Mon - Fri: 8:00 AM - 5:00 PM
Sat: 8:00 AM - 12:00 PM
Current time in Vietnam:

Quick Links

Certificates
About us
Factory
Contact
Privacy Policy

Recruitment
Knowledge
Tuna
Certificates
NghiSon News
News and Events

General Director
Mr. Minh Nguyen
minh@nghisonfoodsgroup.com
+84 932-349-858
Sales Manager
Mrs. Minglee
minglee@nghisonfoodsgroup.com
+84 934-133-720
Office
+84 28-3997-7395

Whatsapp QR of Mrs Minglee — Mrs. Minglee

Whatsapp QR of Mr Minh Nguyen — Mr. Minh Nguyen

Scroll to Top