With a long coastline of over 3,260 km and an exclusive economic zone of over 1 million km2, marine resources of the country are considered to be rich and diverse, with more than 2,000 species of marine life. The output from inshore and offshore fishing increased by an average of 5% per year. Total annual capture production has increased from 2 to 3 million MT per year.
In addition, the sector of fishing, processing and exporting marine products of Vietnam is highly developed, contributing significantly to the growth of marine product export turnover, opening a promising direction for offshore fishing industry. The value of marine product export turnover has grown rapidly in the past two decades, up from US$355 million to US$2.7 billion, an increase of 652%.
Vietnam's marine products for exports are increasingly diversified. Products such as tuna, cephalopod, bivalve mollusks, crab and surimi are currently getting much higher export turnover than 1998-1999. In particular, tuna and cephalopod account for high proportion of total marine product exports of the country.
In the past 20 years, tuna has been one of the three major export products of Vietnam. The export value of tuna products increased from US$14 million to US$593 million, an increase of 4,109%. The share of tuna exports in Vietnam’s total marine product exports has increased from 4% to 22%. The major export species of Vietnam include yellowfin tuna, bigeye tuna, longfin tuna, southern bluefin tuna and striped tuna. In terms of product structure, if in the period of 1998 - 2007, Vietnam mainly exported raw tuna; in the past 10 years, enterprises have paid much attention to increase the value of products and exports of processed tuna products such as tuna loins/fillets, canned tuna in oil and tuna pouch.
Along with tuna, Vietnam’s cephalopod exports also increased continuously through the years. The export value has risen from US$92 million to US$621 million in the last 20 years, up 572%. And for the past 20 years, cephalopod exports always occupied a large proportion in total marine product exports.
By 2017, Vietnam's marine products have been exported to more than 184 markets in the world. Of that, Japan, the EU, the U.S, ASEAN, South Korea and China held as the six largest marine product importers of Vietnam, accounting for over 81% of total marine product export value.
However, Vietnamese marine products have to strongly compete with the same items from rivals as well as face difficulties such as technical barriers to trade in main markets.
With so many difficulties, but over 20 years with many efforts, Vietnam's marine product industry is gradually growing. The export value is increasing and it is forecasted that Vietnam’s marine product exports in the coming time will increase slightly.
(seafood.vasep.com.vn) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.
(seafood.vasep.com.vn) Amid the increasingly evident impacts of drought and saltwater intrusion, the shrimp-rice production model in Ca Mau province continues to prove itself as a viable direction, contributing to higher farmer incomes, improved soil conditions and the promotion of ecological and sustainable agricultural development.
(seafood.vasep.com.vn) The management of fishing vessels, monitoring of fishing activities, and handling of violations in the fisheries sector in Lam Dong province have continued to be implemented in a synchronized and stringent manner, contributing to raising awareness of legal compliance among fishermen and aiming to end illegal, unreported and unregulated (IUU) fishing.
(seafood.vasep.com.vn) Can Tho’s fishery industry sustained steady growth in 2025 with total aquatic and marine output reaching nearly 783,000 tons, fulfilling 100% of the annual target. Aquaculture, capture fisheries and fishing fleet management were further strengthened, aiming for sustainable development in the coming years.
(seafood.vasep.com.vn) In 2025, Vietnam’s pangasius export turnover reached nearly USD 2.2 billion, up 8% year-on-year. This result indicates that pangasius exports maintained their growth momentum despite significant volatility in the global market environment. In December 2025, pangasius export value reached USD 200 million, up 10% compared to December 2024. This solid performance in the final month of the year reflects increased import demand for consumption and inventory replenishment in key markets.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain experienced significant fluctuations. According to Vietnam Customs, during the first 11 months of 2025, export turnover for the first 11 months of the year edged up by 0.3% year-on-year, reaching nearly $15 million.
(seafood.vasep.com.vn) Deputy Prime Minister Bui Thanh Son has signed Decision No. 16/QD-TTg, dated January 5, 2026, approving the implementation plan for the Vietnam-Israel Free Trade Agreement (VIFTA). Under the plan, in the coming period, ministries, ministerial-level agencies, government-affiliated entities and People’s Committees of provinces and centrally-run cities must institutionalize and execute tasks focused on the dissemination of information regarding VIFTA and the Israeli market; legislative and institutional development, as well as enhancing competitiveness and human resource growth...
(seafood.vasep.com.vn) Beyond achieving double-digit growth, Vietnam’s fish cake and surimi exports are showing a notable year-end "inflection point": the EU his accelerating with nearly twofold growth, China & Hong Kong are rising sharply, while the largest market, South Korea, signaled a slowdown in November. According to Vietnam Customs data, export turnover of fish cake and surimi reached $327 million in the first 11 months of 2025, up 22% year-on-year; November 2025 alone accounted for $35 million, marking a 5% increase. This serves as a critical foundation for exporters to reassess market structures and competitive intensity while finalizing order strategies for 2026.
(seafood.vasep.com.vn) Ca Mau, widely regarded as the nation’s “shrimp capital”, continued its strong performance in 2025 as shrimp output reached nearly 600,000 tons, maintaining its position as Vietnam’s leading shrimp-producing locality.
(seafood.vasep.com.vn) On December 29, 2025, at the 2025 Pangasius Industry Review Conference held in Can Tho City, the Vietnam Pangasius Association announced that fingerling prices have surged to record levels due to acute supply shortages.
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