​Vietnamese vegan fish sauce makes inroad into US market

Aug 26th at 07:51
26-08-2024 07:51:36+07:00

​Vietnamese vegan fish sauce makes inroad into US market

Vietnamese fish sauce producer SEAGULL Co. Ltd. has exported its first batch of fish sauce products to the United States, including vegan fish sauce.

​Vietnamese vegan fish sauce makes inroad into US market

Vietnamese vegan fish sauce has been officially exported to the United States for the first time. Photo: A. Ngoc / Tuoi Tre

“Spending two years researching the American market, we've realized that the plant-based food industry is booming,” said Tran Ngoc Dung, director of SEAGULL, the owner of the Lang Chai Xua fish sauce brand.

“When the firm piloted the sale of vegan fish sauce at some Vietnamese markets in the U.S., it impressed consumers with its flavor,” he stated.

The Lang Chai Xua vegan fish sauce is made out of pineapples, soybeans, and Japan’s shiitake mushrooms.

The first shipment to the U.S. featured fish sauces made from black anchovies and apogen anchovies.

The gray anchovy sauce, known for its robust traditional flavor, is targeted at overseas Vietnamese consumers, while the apogen anchovy sauce, packaged in ceramic bottles, is designed for special occasions or as a premium gift.

CTWS Group, founded by an American Vietnamese, is SEAGULL’s partner in the U.S.

Lang Chai Xua-branded fish sauce products on shelves at a supermarket in the U.S.. Photo: A. Ngoc / Tuoi Tre

Lang Chai Xua-branded fish sauce products on shelves at a supermarket in the U.S.. Photo: A. Ngoc

Dziem Chinh, CEO of CTWS Group, which specializes in importing Vietnamese specialties into the U.S. market, said that industrially manufactured products from Thailand and Hong Kong are currently dominating the fish sauce market in the U.S. thanks to their low prices.

“Among the three Lang Chai Xua-branded fish sauce products shipped to the U.S., I have the highest expectation for the vegan fish sauce," she said.

“Just a few vegan fish sauces produced manually are available in the U.S.."

The Vietnamese vegan fish sauce is expected to satisfy U.S. consumers, Chinh added.

The first batch of fish sauce products exported to the U.S. included 24,000 bottles, with 12,000 vegan fish sauces.

These Vietnamese products are being widely sold at store and supermarket chains in Asia and on e-commerce platforms.

Lang Chai Xua was a project initiated by Dr. Tran Ngoc Dung to restore the 300-year-old traditional fish sauce-making craft of Phan Thiet City in south-central Binh Thuan Province, with an initial capital of VND100 billion (US$4 million).

Since its introduction on Shark Tank Vietnam in 2019, where aspiring entrepreneurs pitch their innovative products to a panel of investors for funding, the brand has seen significant success.

The brand has launched over 20 products and is now popular on e-commerce platforms.

The firm is working to raise its output from one million liters to two million liters of fish sauce per year to meet the demand for export, said Dung.

After tapping the U.S. market, the brand plans to expand its reach to the European, Australian, and Japanese markets in 2025.

Tuoi Tre News



RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Durian needs to become national product: Minister

Vietnam is currently lagging behind Thailand and Malaysia in durian exports to China.

​Vietnam’s Dak Lak Province aims to ship first frozen durian batch to China this year

Krong Pak District in the Central Highlands province of Dak Lak is stepping up efforts to export the first batch of frozen durians to China this year, an official...

Cement market continues to face difficulties

It is forecast that there will be many difficulties for the cement industry, due to weak demand and fierce competition both domestically and internationally.

Prices of Vietnamese rice exports at world high

The prices of Vietnamese rice are rising, contrasting with the trends in Thailand and Pakistan, according to the Việt Nam Food Association (VFA).

Argentina is leading corn import market for Việt Nam

Việt Nam imported corn from five main markets in the first seven months of this year, of which 3.19 million tonnes were imported from Argentina, accounting for 55.5...

India initiates anti-dumping investigation into Vietnamese hot-rolled coil steel

India's Directorate General of Trade Remedies (DGTR) has just initiated an anti-dumping investigation into hot-rolled coil (HRC) steel, originating or exported from...

Smuggled sugar and imported corn syrup threaten domestic sugar industry

Smuggled sugar and cheap high-fructose corn syrup have dominated the domestic market. That has been causing difficulties for local sugar factories and affecting the...

​India launches anti-dumping probe into some steel imports from Vietnam

India has initiated an anti-dumping investigation on certain steel products imported from Vietnam, according to a notification from Ministry of Commerce and...

New car sales hit yearly high of 29,000 in July

Vietnam's automobile market recorded its highest growth this year in July, with nearly 29,000 cars delivered to consumers.

​Vietnam’s rice, pepper exports to China plunge in January-July

Vietnam’s rice and pepper exports to China in the January-July period this year tumbled over 68 and 85 percent, respectively, compared to the same period in 2023...

Commodity prices


MOST READ


Back To Top