According to the Ministry of Agriculture and Rural Development (MARD), Vietnam’s total agro-forestry-aquatic export turnover is expected to hit a new trade surplus record of about US$8 billion in 2017, up from a record of US$7.6 billion in 2016.
These figures are far higher than the economy’s trade surplus as a whole-US$2.6 billion in 2016 and an estimated US$6.5 billion for 2017.
In 2017, the sector’s export and import turnover is forecast to reach US$32.5 billion and US$24.5 billion, respectively. In 2016, the figures were US$32.1 billion and US$24.5 billion, up 5.4% and 4.9%, respectively, year-on-year.
MARD has set a target of 2.5%-2.8% in sector growth for 2017, based on local production recovery and higher external demand.
For example, the wood sector is expected to reap an export turnover of US$7.6 billion this year, up from US$6.9 billion last year. This is due to increased demand in established markets like the US, China, and Japan, and new markets like India, the Middle East, Chile, and Brazil.
Vietnam Timber and Forest Product Association’s chairman Nguyen Ton Quyen told VIR that many local wood product exporters are expecting a higher export turnover.
In the northern region, Nam Dinh Forest Product JSC is projected to hit an export turnover of US$45 million in 2017-up from US$40 million in 2016. The respective figures for Woodsland Company are US$47 million and US$42 million.
In the south-central province of Binh Dinh-Vietnam’s wood processing hub-Tien Dat Company is predicted to hit US$50 million this year, up from US$45 million last year.
This respective figures are US$32 million and US$30 million for Dai Thanh Company, and US$25 million and US$20 million for Thang Loi Company.
According to MARD, Vietnam’s aquatic product export turnover for this year is expected to be about US$7.3 billion, up from nearly US$7 billion last year.
Some aquatic processing firms are upbeat about their business prospects this year.
For instance, Vinh Hoan Corporation-one of Vietnam’s biggest pangasius product exporters and processors-reported that its export turnover during 2016’s first 11 months rose 10% year-on-year.
Hung Vuong Corporation, also reported revenues that reached nearly VND5 trillion (US$227.27 million) in the fourth quarter of 2016, and VND19.92 trillion (US$905.5 million) for the 2015-2016 fiscal year, of which over VND13.2 trillion (US$600 million) was earned from the local market, up by VND1.5 trillion (US$68.2 million) year-on-year.
The firm’s export turnover soared by 42%, reaching VND6.72 trillion (US$305.3 million) and accounting for 34% of Hung Vuong’s total revenue.
Another company Sao Ta Foods JSC expects to earn US$150 million in revenue for 2017-up 7.1% year-on-year and providing the firm with a net income of at least VND100 billion (US$4.54 million) for 2017.
Source: VNA
(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?
(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.
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