Bilateral trade ties between Vietnam and other ASEAN countries are increasingly developing with the 4.5-fold growth in total trade turnover from US$8.9 billion in 2003 to US$40 billion in 2013, Pham Thi Hong Thanh, Deputy Head of the MoIT's Asia-Pacific Department said.
Exports to these markets is expected to continue to grow steadily as more than 99 percent of tax lines of six ASEAN countries – Brunei, Indonesia, Malaysia, the Philippines, Singapore and Thailand – will be slashed to zero in 2015 under the ASEAN Trade in Goods Agreement (ATIGA) signed on February 26th2009 in Thailand. This will provide a big opportunity for Vietnam to improve its trade balance, Thanh added.
ASEAN is one of Vietnam's leading trade partners, accounting for 15 percent of the country's total trade value (statistics in 2013). In 2013, the region made up 22.4 percent of Vietnam's total foreign direct investment (FDI) capital with Singapore, Malaysia and Thailand being key investors, Deputy Minister of MoIT Do Thang Hai said.
AEC and free trade agreements (FTAs) have contributed to promoting Vietnam's exports to ASEAN and ASEAN's partners as well as expanding Vietnam's market share in other markets, Hai stressed.
According to the Ministry of Industry and Trade (MoIT), the country imports tens of billions of US dollars worth of goods annually, mostly machinery, equipments and products for human consumption. Its import value hit US$113.79 billion in 2012 and increased to US$132.12 billion in 2013.
Vietnam always runs a huge deficit with China in goods trade, with import surplus from the market rising from only US$210 million in 2001 to a staggering figure of US$23.8 billion in 2013.
Thus, boosting exports to main markets such as the U.S., EU and ASEAN plays an important role in reducing Vietnam's trade deficit.
(seafood.vasep.com.vn) Vietnam's tilapia exports to Japan posted strong growth in the first half of 2026, while a promising new trend has emerged in the value-added product segment. Notably, Vietnamese tilapia fillets have been exported to Japan for use in sushi and sashimi, creating new opportunities to enhance the value of the industry in one of the world's most demanding seafood markets.
(seafood.vasep.com.vn) After a relatively sluggish first quarter, Vietnam's exports of fish cakes and surimi showed a clearer recovery in the second quarter, particularly in June. Export value in the first six months of 2026 reached USD 148 million, down 2% year on year. However, the newly imposed 12.5% additional U.S. tariff on Vietnamese goods, intensifying competition in Northeast Asia, and increasingly stringent traceability requirements in the EU are making the outlook for the second half of the year more uncertain.
(seafood.vasep.com.vn) In June 2026, Vietnam's shrimp exports reached nearly USD 458 million, up 24% year-on-year. In the first six months of 2026, export value totaled USD 2.35 billion, an increase of 14.2% compared with the same period last year. Growth was driven mainly by the Chinese market and the strong performance of lobster exports, while shrimp exports continued to face pressure from U.S. tariffs and rising logistics costs.
(seafood.vasep.com.vn) As part of Vietfish 2026, the Hosted Buyer Program is designed as a specialized B2B matchmaking initiative for selected international buyers, providing opportunities to meet directly with Vietnamese seafood exporters, gain the latest market insights, and experience Vietnam's seafood supply chain firsthand.
(seafood.vasep.com.vn) A project titled "Sustainable Shrimp Industry Governance" has been launched in Ca Mau Province with the aim of supporting the transition of the province's shrimp industry toward higher quality, lower emissions, stronger governance capacity, improved supply chain traceability, and the development of a sustainable shrimp brand that meets the increasingly stringent requirements of export markets.
(seafood.vasep.com.vn) Khanh Hoa Provincial Agricultural Extension Center, in collaboration with the Northern Center for Marine Aquaculture Research and the Van Hung Public Service Center, recently organized a training course on disease-free golden pompano seed production. The program is part of a National Agricultural Extension Project aimed at developing industrial-scale seed production models to support sustainable marine aquaculture.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
(seafood.vasep.com.vn) The application of high technology in shrimp farming is delivering positive results in the coastal areas of Vinh Long Province, contributing to improved production efficiency and creating significant potential for further industry expansion. However, to fully capitalize on this potential, the province is focusing on aquaculture zoning, infrastructure investment, and promoting modern, sustainable production.
(seafood.vasep.com.vn) Đồng Tháp Province has intensified efforts to curb illegal fishing by strengthening vessel monitoring, law enforcement and seafood traceability.
(seafood.vasep.com.vn) Seafood businesses need solutions to overcome bottlenecks such as labor shortages, difficulty accessing capital, high input costs, and administrative procedures in order to maintain production, adapt to market fluctuations, and effectively exploit export opportunities.
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