The Minh Phu Hau Giang Seafood JSC (in Hau River Industrial Park in Hau Giang Province’s Chau Thanh District) in early January exported its first batch of shrimp in eight containers to the EU, the US, and Japan at prices 4-5 percent higher than in the Asian market.
Le Van Diep, Deputy Director of Minh Phu Seafood Group, said the group would continue targeting choosy markets, especially the EU, to take advantage of the recently signed the EU-Vietnam Free Trade Agreement (EVFTA). Truong Dinh Hoe, Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP), said the EVFTA, which took effect last August, has opened up opportunities for shrimp exporters. Shrimp exports reached 3.85 billion USD last year, up 15 percent year-on-year despite difficulties caused by the COVID-19 pandemic, according to VASEP. Shrimp exports are set to reach 4.4 billion USD this year, a rise of 15 percent over 2020. Analysts said that 2021 would be favourable for shrimp exports, thanks to more orders from abroad. Also in January, the Ba Ria-Vung Tau Seafood Processing Import - Export JSC (Baseafood) exported its first eight containers of seafood, worth some 700,000 USD, to Canada, the US, Australia and others. Meanwhile, exports of vegetables and fruits reached only 3.26 billion USD last year, a drop of 13 percent year-on-year. China remains the largest export market of Vietnam’s vegetables and fruits, accounting for about 56 percent of market share, according to the Ministry of Agriculture and Rural Development. Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association, said that exports of vegetables and fruits plummeted last year due to a sharp fall of imports from China, a decrease of about 25 percent compared to 2019. Vegetables and fruit exports depend heavily on the COVID-19 situation. Nguyen predicted they would reach 3.7 billion USD this year. The first batches of seafood exports are a promising sign this year for export prospects, especially the agricultural sector. Exports of farm produce reached more than 40 billion USD last year, a record figure. Last year’s export growth of 6.5 percent can be viewed as a bright spot in the nation’s economic picture, with the growth attributed to the signing of a number of free trade agreements (FTAs). Though challenges will continue this year due to the pandemic, a target of 42 billion USD worth of total exports in 2021 has been set by the agricultural sector. New generation FTAs Exporters need to study the technical barriers of each country and region regarding product quality standards, labour factors, the environment, and other aspects to respond to FTAs’ requirements in the fastest and most effective manner, experts said. Do Thang Hai, Deputy Minister of Industry and Trade, said participation in FTAs has helped the import and export market expand and diversify. FTAs have contributed to boosting the country’s GDP to more than 300 percent and increased import-export turnover by 350 percent, he said. On January 1, the UKVFTA, a bilateral FTA with the UK took effect, bringing the country’s total number of valid FTAs to 15. To capitalise on market opportunities opened up by these FTAs, PM Nguyen Xuan Phuc has directed businesses to prepare to exploit existing and new FTAs to participate more deeply in global value chains. Vietnam has trade relations with more than 230 markets, including FTAs with 60 economies. Vietnam’s goods exports were valued at 27.7 billion USD in January, up 0.2 percent from the previous month, and 50.5 percent from the same period last year, according to the General Statistics Office of Vietnam. Six items enjoyed export revenues exceeding the 1-billion-USD benchmark last month, accounting for nearly 70 percent of total exports. Vietnam had a trade surplus of 1.3 billion USD in the month, according to the General Statistics Office of Vietnam./.
(vasep.com.vn) In the first eight months of 2026, Brazil became the largest market for Vietnamese tilapia, with export value reaching US$44 million, up 22,142% year-on-year and accounting for 49% of Vietnam’s total tilapia exports. In August alone, exports to Brazil reached US$4 million. However, behind this remarkable growth is a market that is imposing increasingly stringent requirements on imported supplies.
(vasep.com.vn) Vietnam’s tuna exports sustained their upward trajectory in August 2026, though the pace remained modest at just 2%. The month saw divergent trends across key markets: the US maintained its leading position, Japan and Canada improved, Russia surged and the EU continued to experience a steep downturn. These developments suggest that exporters are entering the final months of the year amid a market environment marked by greater uncertainty.
(seafood.vasep.com.vn) Congalsa has acquired the entire charter capital of Lenger Seafood Vietnam, giving it full ownership of the business and its Nam Dinh processing facility.
(seafood.vasep.com.vn) Ninh Binh Province is entering a peak period of action against illegal, unreported and unregulated (IUU) fishing, focusing on thoroughly addressing violations, closely monitoring fishing vessels at ports and preventing vessels from violating regulations and operating illegally in foreign waters ahead of the European Commission’s (EC) upcoming inspection in 2026.
(vasep.com.vn) The application of biotechnology in seed production is increasingly viewed as a strategic imperative to upgrade pangasius fingerling quality, optimize farming efficiency and anchor sustainable industry development.
(vasep.com.vn) On September 15, 2026, in Can Tho, VASEP and ASC jointly organized a training course titled “New ASC standards: updates and practical implementation guidance for farms, businesses and aquafeed mills”. Beyond briefing stakeholders on updated ASC requirements for aquaculture facilities and feed production, the workshop dedicated substantial floor time to directly addressing on-the-ground compliance bottlenecks encountered by Vietnamese enterprises.
(searfood.vasep.com.vn) Vietnam’s tilapia exports continued to post positive results in the first eight months of 2026, with total export value reaching US$90 million, up 43% year-on-year. However, exports in August alone stood at US$11 million, down 8%, reflecting uneven market developments. Brazil remained the leading market, while Japan recorded notable growth, opening up new opportunities for Vietnamese tilapia products.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.3 billion in the first eight months of 2026, up 12% year on year. However, growth has begun to slow and become more differentiated across markets, while the U.S. and EU continue to present significant challenges. The latest insights from the Global Shrimp Forum 2026 (GSF 2026), held in early September, also indicate that the final months of the year will remain highly competitive as global supply continues to expand and buyers increasingly focus on quality, product specifications, supply stability and the ability to meet market-specific demand.
(seafood.vasep.com.vn) In August 2026, Vietnam’s seafood exports reached $1.14 billion, up 6% year on year. Cumulative eight-month exports rose 11.8% to $8.00 billion, though momentum has cooled compared to the 12.8% growth seen through July. China - Hong Kong and ASEAN are offsetting weakness in the U.S, EU and partly Japan. This divergence will likely widen in Q4 as trade tariffs and traceability requirements directly weigh on new orders.
(seafood.vasep.com.vn) Vietnam–Russia relations are entering a new phase of cooperation, with a focus on expanding trade, investment and economic connectivity. Against this backdrop, tuna is emerging as one of the seafood products with significant growth potential in the Russian market. Export data for the first seven months of 2026 show strong growth in Vietnamese tuna exports to Russia. However, turning this momentum into sustainable market share will require businesses to address challenges related to logistics, payment and supply competition.
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