According to several raw shrimp traders and seafood processing and export enterprises in the province, immediately after the United States announced a 90-day suspension of countervailing duties, reducing the tariff from 46% to 10%, raw shrimp prices in the market have begun to stabilize and slightly rebound, with increases ranging from VND 5,000 to VND 10,000 per kilogram depending on segment and size. This is a positive signal, providing shrimp farmers with renewed motivation to prepare for the upcoming production season.

The United States is the world’s largest importer of tilapia, while China remains the leading global exporter of this species. However, facing a tariff rate as high as 150%, Chinese tilapia is rapidly losing access to the U.S. market. This development presents a significant opportunity for other exporting countries, including Vietnam, to expand their market share in the U.S. in the coming period.

As of March and the first quarter of 2025, the fisheries sector has recorded positive growth in both aquaculture and capture fisheries.

In February 2025, the total aquaculture area across Vinh Long Province reached 1,987 hectares, of which 298.6 hectares were dedicated to industrial pangasius farming.

On April 9, 2025, Hung Hau Agriculture Corporation held the inauguration ceremony for the HappyFood Vietnam Export Processing Plant in Sa Dec City, Dong Thap Province. The facility is a shrimp processing plant designed with an annual capacity of 15,000 metric tons.

As one of the world’s top three shrimp-exporting nations, Vietnam’s shrimp industry is simultaneously facing numerous formidable challenges—ranging from climate change and high production costs to disease outbreaks and intense global competition. These pressures, however, present a pivotal opportunity for Vietnam to transform toward sustainable and environmentally responsible development.

This year, Vietnam's shrimp industry aims for 1.3-1.4 million tonnes in production and 4-4.3 billion USD in export turnover. Encouragingly, shrimp exports topped 605 million USD in the first two months of this year alone, up 46% year-on-year

Beyond frozen pangasius fillets, value-added products like fish cakes, fish balls, and peeled IQF shrimp can meet the demand for convenience in urban supermarkets and restaurants. Compared to premium products from Chile or the EU, Vietnamese seafood offers a price advantage, enabling market share expansion as Brazil prioritizes affordable imports.

Navico, or Nam Viet Joint Stock Company, stands as one of Vietnam's pioneering enterprises in the farming, processing, and export of aquatic products, particularly pangasius (catfish). Established in 2000 in An Giang Province – the largest aquaculture hub in the Mekong Delta – Navico has solidified its position in the international market through superior product quality and a commitment to sustainable development. On April 4, 2025, Navico signed a green trade credit agreement with United Overseas Bank (Vietnam) (UOB Vietnam), marking a significant milestone in its journey toward green transformation.

Vietnam’s pangasius industry is poised for a promising outlook in 2025, driven by rising export demand. According to a Rabobank report, pangasius is among the fastest-growing seafood species, with global production projected to increase by 7% year-over-year, reaffirming Vietnam's position as the world's largest producer.

According to the Board of Directors' report, IDI successfully maintained its traditional customer base in 2024 while expanding into high-potential markets, particularly the United States, benefiting from a significant reduction in anti-dumping duties.

Sao Ta Foods (stock code: FMC) has set a target to sell 22,000 metric tons of shrimp this year and has outlined a proactive strategy to address risks related to anti-dumping and countervailing duty investigations in the U.S. market.

Recently, Vietnam's La Vong fish cake was ranked number 1 in the list of the world's best white fish dishes by the world-famous culinary website Taste Atlas.

(seafood.vasep.com.vn) Vietnam’s exports of shelled mollusks recorded impressive growth in the first two months of 2025, reaching USD 41 million—an increase of 132% compared to the same period in 2024 (USD 18 million).

Currently, many households in the suburbs of Ca Mau City are implementing a fairly effective pangasius farming model, bringing in a stable source of income. Unlike the industrial scale in other provinces in the region, the pangasius farming model here is quite simple, low-cost, and is considered a promising direction for farmers.