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) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
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