VSS2026: The US$1.7 billion gap and Vietnam’s seafood growth challenge towards 2029

(seafood.vasep.com.vn) Nearly US$1.7 billion is the projected gap in 2029 between the baseline scenario and a scenario in which Vietnam’s seafood exports grow by 10% annually, according to calculations by VASEP to be presented at Vietnam Seafood Summit 2026. This gap raises a key question for the entire industry: Which markets, products and supply chain improvements will generate the additional growth?

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VASEP’s background report outlines three seafood export scenarios through 2029, all based on the same reference point. The key issue is identifying the conditions needed to achieve double-digit growth.

A processing plant may secure additional orders, but if incoming raw materials do not meet the required sizes or delivery schedules, the opportunity to increase revenue may also bring higher costs. Conversely, with the same volume of raw materials, businesses can increase export value by selecting the right product specifications and securing stable outlets for deeply processed products.

Opportunities in China are shifting across regions and product categories

Opportunities in China are expanding beyond coastal cities into inland provinces. During the conference, Mr. Do Quang Tung, Vietnam’s Agricultural Counsellor in China, will discuss this geographical expansion and the changing market landscape.

The development of cold-chain infrastructure, e-commerce and modern distribution systems is opening up additional channels for reaching consumers.

For Vietnamese businesses, this presents an opportunity to reassess their product portfolios, ranging from premium seafood to ready-to-cook and convenient seafood products for everyday meals.

Growth also depends on maintaining market access

Growth also depends on the ability to retain existing markets. The trade defense session will examine measures businesses can take before an investigation occurs, including early warning monitoring and coordination with importers and industry associations.

Meanwhile, the domestic market session will address a different challenge: even for the same fish product, small packages for household consumers and larger packages for industrial kitchens require different approaches to pricing, preservation and delivery arrangements.

Turning market forecasts into business decisions

From global supply and demand trends to cost considerations at farming areas and processing plants, VSS 2026 will connect market forecasts with the business decisions that companies need to make from 2027 onwards.

Which orders are worth pursuing? Which investments should be prioritized? At which stages should businesses cooperate with partners to improve productivity and reduce costs?

These are among the key questions to be discussed at Vietnam Seafood Summit 2026, taking place in Can Tho on November 11, 2026.

Vietnam Seafood Summit 2026 will be held from 08:30 to 16:00 on Wednesday, November 11, 2026, at Muong Thanh Luxury Can Tho Hotel.

Register to attend: Vietnam Seafood Summit 2026

View the event agenda: Vietnam Seafood Summit 2026 – Agenda


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