There remains large room for Vietnam’s shrimp industry to strive for greater export growth in the next few years, said the Vietnam Association of Seafood Exporters and Producers (VASEP). According to a recent report of the VASEP, Vietnam’s shrimp export turnover is likely to expand annually by 9 percent in the 2022-2025 period, hitting 5.6 billion USD by 2025. Regarding seafood export opportunities in 2022, VASEP General Secretary Truong Dinh Hoe said seafood exports in 2022 will continue to grow as the global demand for shrimp is rising by around 5 percent a year. If the seafood industry can expand its market share in the global market, and at the same time continues to promote processing of value-added products, it will be able to maintain growth in the coming time, he said, adding that the shrimp industry continues to be expected to be a key contributor to the country’s seafood export turnover. From a market perspective, Ho Quoc Luc, Chairman of the Board of Directors of the Sao Ta Food Joint Stock Company said Vietnamese processed or fresh shrimp products are popular due to their more beautiful packaging and stable quality compared to other competitors.
The US remains the largest importer of Vietnam’s shrimp products at present, accounting for 28 percent of Vietnam's total exports, followed by Europe and Japan, which made up 21.8 percent and 14.9 percent of the market share, respectively. The US would continue to be the key market for many Vietnamese seafood products such as shrimp, pangasius and others, he said. Vietnamese exporters would have more opportunities to export to the US since India, the largest shrimp supplier to the market, was facing production difficulties due to the pandemic, he added. Vietnam ranks fifth among shrimp exporters to the US. Although not accounting for large proportions in Vietnam’s shrimp export, the Republic of Korea (RoK), Canada, and Australia have still maintained fairly stable growth. Notably, Vietnamese shrimp have gained the top positions in the RoK and and Australia, Luc said. Sharing the same view, Tran Van Linh, Chairman of the Board of Directors of Thuan Phuoc Seafood and Trading Corporation, said that the COVID-19 outbreak in the past two years has disrupted the global supply chain, and competitors of Vietnam's seafood were "stuck" and have not yet recovered yet. Vietnam has quickly seized this opportunity to increase its seafood market share in major markets such as the US and Europe, he noted. According to experts, Vietnam's shrimp farming process has been improved remarkably, while supply chains have been also expanded continuously, contributing to increasing productivity. They underlined the need to better production lines, reduce dependence on labourer, and ensure regulations on food hygiene and safety. Luc said attention should be also paid to projects to call for investment in shrimp farming, stressing that that only large-scale farming facilities can bring practical efficiency through investment and application of new scientific-technological achievements in shrimp farming. Localities with favourable conditions and strengths to develop shrimp farming should quickly build planning of farming areas in the direction of green and sustainable development, experts said, adding that this is a big solution to the shrimp industry’s development strategy by 2030./.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s pangasius exports to the EU reached approximately $148 million, up 12% compared to the same period in 2025. In September 2026 alone, export turnover to this market hit $18 million, a 27% year-on-year increase. Despite diverging demand across member states, the EU remains a market with growth potential for Vietnamese pangasius, particularly as supplies of several traditional whitefish species face mounting pressure.
(seafood.vasep.com.vn) Vietnam’s tuna exports to the US are showing a clear recovery after a difficult start to the year. However, the rebound is taking place against a backdrop of declining US tuna imports and a shifting supply structure, posing new challenges for Vietnamese businesses.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s shrimp exports to Japan reached US$440.9 million, up 6.4% year on year. This result is noteworthy as Japan’s total shrimp imports continued to decline slightly and competition among suppliers intensified. Demand for convenience foods and processed products continues to create opportunities for Vietnamese exporters, but capitalizing on these opportunities requires stronger competitiveness and the ability to meet increasingly specific market requirements.
(vasep.com.vn) After slowing in the first months of the year, Vietnam’s tuna exports have shown a clear improvement since June 2026. However, behind September’s double-digit growth lies a notable reality: export value is recovering, but pressures from markets, trade policies, and competition among suppliers remain.
(vasep.com.vn) Vietnam’s pangasius export value reached US$1.7 billion in the first nine months of 2026, up 11% year on year. In September alone, exports totaled US$210 million, an increase of 16%. China, the United States, and Brazil were the three largest markets, accounting for 49% of total export value. While China and Brazil maintained their growth momentum, exports to the US remained below the level recorded in the same period last year.
(vasep.com.vn) On November 11, 2026, in Can Tho, the Vietnam Association of Seafood Exporters and Producers (VASEP) will organize the Vietnam Seafood Summit 2026 (VSS 2026) under the theme “Seafood Market Outlook 2027–2029: Opportunities and Headroom for Double-Digit Export Growth.”
(seafood.vasep.com.vn) Business leader Do Ngoc Tai, General Director of Tai Kim Anh Seafood Processing Joint Stock Company, was honored by the Vietnam Chamber of Commerce and Industry (VCCI) with the title “Outstanding Vietnamese Entrepreneur – Thanh Giong Cup 2026” at a ceremony celebrating Vietnam Entrepreneurs’ Day (October 13). The event took place on the evening of October 11, 2026, at the National Convention Center in Hanoi.
(vasep.com.vn) The global tilapia market is becoming increasingly segmented, not only among producing countries but also by product type and destination market. Supply is divided into groups with distinct competitive advantages: large volumes of whole fish and frozen fillets from Asia, high-value fresh fillets from Latin America, and substantial domestic consumption in several major producing countries.
(vasep.com.vn) Vietnam’s tuna exports to the UK grew in the first eight months of 2026, despite signs of slowing import demand in the market. However, sharp fluctuations in orders, competition from major suppliers, and new traceability requirements are creating challenges for Vietnamese exporters.
(seafood.vasep.com.vn) Vietnam is stepping up efforts to combat illegal fishing, protect marine ecosystems, expand digital monitoring, and develop science-based management to ensure the sea can support communities and the economy for generations to come.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
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