(Seafood.com) Bangkok is returning
The World Bank estimates the flood will cost Thailand about 1.4 trillion baht ($44.5 million), slashing the country's economic growth to 2.4 per cent this year. Sandbags are still stacked in doorways, but the city is slowly, surely, returning to its chaotic normal self.
On Monday the Thai cabinet approved a plan to disburse 20 billion baht rapidly for initial post-flood rebuilding and to stimulate the economy, Prime Minister Yingluck Shinawatra said.
"This is part of an emergency plan of the government's flood relief program. It is part of 60 billion baht budget approved earlier," Yingluck told reporters after a special meeting. The remainder of the budget would be approved in stages later because affected provinces and government agencies have to review the funds needed for post-flood recovery to avoid any duplication, Yingluck said.
Shrimp farming areas by and large have escaped damage from the floods.
According a report from Diamond V, which markets shrimp feed additives in Thailand, overall shrimp farming has not been significantly affected. From May through November 2011, the floods slowly swept southward from the Central Plains into Bangkok and then into the Gulf of Thailand. The major shrimp producing regions for the export market are in the far south and southeast and were not much affected.
“There has been some effect on the inland, low-salinity production of Penaeus vannamei. This sector produces no more than 20% of the national output, and my estimate is that a quarter of this may have been destroyed by flooding. Total loss to the low-salinity sector should have been no more than 5% of national production. Much of this shrimp does not enter international markets due to persistent off flavor. Most of it is sold domestically,” said Brian Hunter of Diamond V in an email to Bob Rosenberry, of Shrimp News.
Their was some concern when the government talked about closing Highway 2 due to projected flooding during the first weeks of November. This closing would have affected shrimp processing, as the major processing plants are located 2-3 hours south of Bangkok in the Mahachai and Petchaburi regions on or near Highway 2. As it turned out, there was no closure to Highway 2.
(vasep.com.vn) Vietnam’s seafood exports in September 2026 are estimated at US$1.135 billion, up 11.9% year-on-year, bringing total exports in the first nine months of the year to US$9.103 billion, up 11.4%. Behind this double-digit growth, however, increasingly divergent market trends are emerging: China–Hong Kong and ASEAN posted strong growth, while the U.S., EU and Japan all recorded declines in September.
(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.
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