The traditional  white meat  fish industry has a “new kid on the block” - Catfish.   Vietnamese Pangasius catfish, also known as tra/basa, has successfully penetrated the European markets.  Vietnam exported around US$ 737 million of this product last year.   EU imports rose by 146% and  Russia by 1389% over  2005, totaling  around US$ 343 and US$ 83 million, respectively. Thus, the EU has now become the largest market for Vietnamese catfish.  Exports to the US and other markets including Asia have also grown rapidly, which would help Vietnam in achieving the target of US$ 1 billion worth of catfish exports in 2007