SUPA Youreverydayfish VietFish
Sector profile
Sector profile
Characteristics of the sector

I. Overview

With 3,260 km of coast line, Vietnam has 2,038 species of marine fish, in which there are 130 species having commercial value, 30 species regularly caught.

Vietnam has fisheries stock of 4.2 million MT and  maximum sustainable yield, MSY of 1.7 million MT per year.

From 2015 to 2020, Ministry of Agriculture and Rural Development (MARD) will invest and build five major fishing centers in 5 provinces, namely Hai Phong, Da Nang, Khanh Hoa, Ba Ria - Vung Tau and Kien Giang. These provinces have big fishing grounds.

The Ministry will invest, build fishing ports, integrate and modernize fishing logistics services, develop offshore fishing and create fisheries value chain. These activites are promising, to attract investment and boast the economy as well as Vietnam seafood exports in the next decades.

Vietnamese seafood exporters have been expanding production scale and scope, enhance food safety to meet the demand of consumers and ensure credibility to export to  major markets like Japan, the US and  EU.

Marine production chain has satisfied IUU regulation by EU so far.

II. Importing markets in 2017

In 2017, total national capture output estimated to reach 3,42 million MT, up 5.6% over 2016, including 3.2 million MT from marine catch (+5.7% year on year) and 0.2 million MT from inland catch (+5.3% year on year).

In 2017, total export value of marine products was US$2.7 billion, up 22.7% year on year. In the year, exports of tuna valued at US$592.87 million, cephalopod with US$620.82 million, bivalve mollusk with US$98.51 million, crab and other crustaceans with US$117.668 million, other finfish with US$1,325.88 million.

Click here to read more related news Click here to find Marine fish suppliers
Back to top
Portal of Vietnam Association of Seafood Exporters and Producers (VASEP)
Head office in HCM city: 218 Road Nguyen Quy Canh, An Phu An Khanh New Urban Area, An Phu Ward, District 2, HCM city, Vietnam Tel: (+84 28) 62810430 / Fax: (+84 28) 62810437 - Email: vasephcmcity@vasep.com.vn
Rep. office in Ha Noi: 10 Nguyen Cong Hoan Street, Ngoc Khanh Ward, Ba Dinh District, Ha Noi City, Vietnam Tel: (+84 24) 37715055 / 37715318 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn
In charge of content: Nguyen Hoai Nam (Mr) – Deputy General Secretary of VASEP
Managing Editor: Phung Thi Kim Thu (Ms.) Tel: (+84 24) 37715055 (ext: 203)
Email: kimthu@vasep.com.vn