(vasep.com.vn) After six year
“From the beginning of the year, Baseafood traded over 100 MT of seafood of all products in the domestic market, gaining VND6.8 billion, up 50 percent compared to the same period of 2010. Currently, Baseafood’s seafood products become more popular with consumers thank to their quality, package model, and reasonable price. In an effort to enhance its trading power in Vietnam market, Baseafood has set up a distribution chain across Southern provinces. The company’s earnings from local market rose annually 20 percent,” Tran Van Dzung – General Director said.
At first, Baseafood only processed seafood for export. However, sometimes the company failed to meet orders from partners. They could not satisfy contract requirements on the quantity and size. Then, the company turned to selling these products in the local market. Baseafood leaders found many potential advantages in the market such as lower cost of transportation, stable prices, and so on. Besides, the company creates more jobs and keeps sustainable development even in crisis time.
In fact, the financial crisis in 2008 impacted negatively many import markets in the world, therefore, enlarging shares in the domestic market became a key trading strategy of Baseafood. To improve quality for its products distributing in the local market, Baseafood established a domestic product management system based on ISO standards, with an aim to ensure that its final products could meet HACCP and Europe CODE or standards applied by some export markets such as Japan, Korea and others.
“In the period 2008 – 2009, Baseafood’s seafood export volume fell by half and selling price was down 15 – 35 percent. In this difficult situation, trading in the domestic market was surely a remedy measure. And thank to domestic trading relations, the company could remain its existing domestic raw material supplies. Currently, Baseafood is supplying new seafood products to meet the demand of different local customers. The company strives to increase the proportion of it domestic products by 25 percent.
Currently, Baseafood is one of rare enterprises that gained great achievements in the local market. In fact, though Vietnam enterprises highlighted the potential of local market, however, they did not seriously focus on developing trade here. Low seafood consumption and live fresh seafood using habit of Vietnamese are main factors which hinder frozen seafood processors to pay more attention to the domestic market.
However, Mr. Dzung has been confident that consumption habit of local people changing. If the food safety awareness of consumers raises, people will turn to processed and ready-to-eat seafood. Therefore, the strategy of Baseafood is to concentrate on diversifying domestic seafood products, developing its earnings in order to compensate its losses due to difficulties in export.
BASEAFOOD
Mr. Tran Van Dzung – Chairman and General Director
Add: 460 Truong Cong Dinh Street, Ward 8, Vung Tau City, Ba Ria - Vung Tau province
Tel: +84 64 3834572/3837313
Fax: +84 64 3837312/3580085
E-mail: baseafoodvn@vnn.vn
Website: www.baseafood.vn
(seafood.vasep.com.vn) In Gia Vien district, tilapia farming—particularly the “duong nghiep” strain—is expanding rapidly and gradually becoming an efficient production model for local farmers. Hatcheries in the area are supplying high-quality, uniform, and disease-free fingerlings, meeting the growing demand for commercial farming.
(seafood.vasep.com.vn) On the afternoon of March 19, Vice Chairman of the Ca Mau Provincial People’s Committee, Le Van Su, chaired a meeting to address bottlenecks and propose solutions to expand the super-intensive whiteleg shrimp farming model using low water exchange and high biosecurity standards (RAS-IMTA).
(seafood.vasep.com.vn) On March 10, 2026, the Ho Chi Minh City People’s Committee issued Decision No. 1377/QD-UBND approving the Aquatic Animal Disease Prevention and Control Plan for the 2026–2030 period. The decision takes effect from the date of signing and replaces previous plans for the 2021–2030 period that had been issued prior to the administrative merger in Ba Ria – Vung Tau, Binh Duong, and Ho Chi Minh City.
(vasep.com.vn) In 2025, Chile imported more than USD 156 million worth of tuna, up 8.1% compared to the previous year and the highest level in the past five years. As the supply structure in this market is rapidly shifting, Vietnamese tuna is facing both opportunities to expand market share and increasing competitive pressure from Thailand, Colombia, and China.
(seafood.vasep.com.vn) Vinh Long Province is stepping up efforts to develop brackish water shrimp farming in a sustainable direction, identifying it as a key sector in its agricultural structure. In 2026, the province aims to reach around 71,300 hectares of shrimp farming, with an output of over 314,000 tons.
(seafood.vasep.com.vn) Ha Tinh Province is strengthening control over shrimp seed quality to minimize risks for the 2026 spring–summer farming season.
(seafood.vasep.com.vn) In February 2026, Vietnam’s pangasius exports reached USD 119 million, down slightly 5% year-on-year. However, thanks to strong performance in January, cumulative exports in the first two months of the year still reached USD 331 million, up 28% compared to the same period in 2025. Export activity slowed somewhat in February due to seasonal factors, particularly the Lunar New Year holiday, which disrupted production and shipments at many seafood processing enterprises.
(seafood.vasep.com.vn) Da Nang is accelerating the development of high-tech shrimp farming toward intensive production, disease control, and improved efficiency. Many shrimp farms have invested in automated environmental monitoring systems, continuously tracking indicators such as pH, dissolved oxygen, temperature, and salinity, enabling farmers to promptly adjust pond conditions and reduce disease risks.
(seafood.vasep.com.vn) The year 2025 is considered a turning point for Vietnam’s shrimp seed industry as the sector faces the need for strong transformation in technology, production management, and gradual self-sufficiency in broodstock supply. These factors are seen as key to improving seed quality and strengthening the competitiveness of the shrimp industry amid increasingly demanding market requirements.
(seafood.vasep.com.vn) In February 2026, Vietnam’s shrimp exports reached nearly USD 310 million, up 17% year-on-year. Cumulatively for the first two months of the year, shrimp export value totaled USD 690 million, an increase of 20% compared with the same period last year. Compared with the 22% growth recorded in January, the pace of increase in February slowed somewhat, reflecting seasonal factors as the Lunar New Year holiday partially disrupted processing and shipment activities. Nevertheless, the nearly 20% growth in the first two months indicates that shrimp orders from Vietnam are maintaining a more positive trend than in the same period last year.
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