It's been a difficult year for pangasius: skyrocketing prices, reputational issues in Europe, increasing competition from other whitefish such as pollock and new inspection rules in the United States are just some of the challenges to be named.

IntraFish caught up with Vinh Hoan General Director Tam Nguyen to speak about the challenges and opportunities ahead.

What were the three most significant developments for your business in the seafood industry in 2017?

This year we expect to make 10 percent growth in total sales with the market expansion into Asian countries like China and Japan and most importantly we expect to more than double our sales for value-added products.