Last year, the central province exported over 8,100 tonnes of ocean tuna, nearly 73 per cent higher than the previous year, bringing in revenues of about US$51.3 million.
In the first month of this year, local fishermen caught over 618 tonnes of ocean tuna, an increase of 54.5 per cent compared to the same period of last year.
Hao said offshore fishing and tuna export had become major contributors to the province’s economic growth, with the catch increasing year after year.
Having seen decent profits accrued from offshore tuna fishing, locals have become more and more confident bout investing and upgrading their vessels for longer fishing trips that also go further out to the sea.
As many as 242 fishing groups have been formed in the locality with the participation of over 800 local vessels with engine capacities ranging from 250HP to 900HP.
”When the fishing vessels work in groups, each vessel can be given timely support including information about fishing grounds and weather conditions, supply of fresh water, food and fuel during long trips,” Hao said.
Nguyen Van Ai, a fisherman from the province’s Phu My District, said that his fishing group had one 99HP, an 800HP and two 450HP vessels. Together, they generated revenues of VND20 billion last year from catching ocean tuna.
Each member in his crew enjoyed an annual income of VND150-160 million, making them high income-earners in the locality, he said.
However, Ai was worried about falling tuna prices. Enterprises were paying VND 60,000 – 70,000 for a kilo of tuna now, just half of the price they offered last year, he said.
Many fishermen had to borrow money from processing enterprises to prepare for their fishing trips, so they were reluctantly selling tuna to the lenders at prices offered by the latter, Ai said.
Pham Van Truong, Vice Chairman of the Hoai Nhon District People’s Committee, said local authorities need to help fishermen assess the quality of tuna and find suitable prices. Until now, fish quality and prices had been decided predominantly by the enterprises with farmers having little say, he noted.
However, Cao Thi Kim Lan, director of the Binh Dinh Fishery Joint Stocks Company, said local tuna prices were low because they were mostly being caught manually in shallow waters, despite assertions by officials that offshore fishing has increased of late.
In coastal
The fisheries sector in the province has several other problems.
Several ports, including the
Furthermore, sedimentation at the estuary is preventing vessels, especially ones with high capacity, from reaching the ports.
According to Hao the province is spending billions of Vietnamese dong each year to dredge the estuary around the ports. The sedimentation also poses difficulties for vessels to find shelter during the storm season.
Phan Trong Ho, director of the provincial agriculture and rural development department, said investors from
To make the sector more attractive to foreign investors and expand fisheries, the province would have to improve its port infrastructure, price management and logistics sector, he emphasised.
(seafood.vasep.com.vn) On July 9, 2026, the Embassy of Vietnam in Brazil organized the seminar titled “Sharing Information on Vietnam-Brazil Economic, Trade and Investment Relations in the First Half of 2026” to provide updates on bilateral cooperation and strengthen connections among government agencies, industry associations, and business communities of the two countries.
(seafood.vasep.com.vn) Seafood exports in the first 6 months of the year continued to be a bright spot with a total turnover of 5.7 billion USD, an increase of 11.4% compared to the same period last year. By commodity group, seafood is one of the three groups with a trade balance in the first 6 months of 2026 in a surplus state with 4.13 billion USD, an increase of 17%.
(seafood.vasep.com.vn) For many years, Vietnam’s seafood industry has been recognized as one of the country’s key export pillars. Products such as shrimp, pangasius, tuna, squid, octopus, and a wide range of other seafood have reached hundreds of markets worldwide. Yet behind these impressive export figures lies a significant challenge: a substantial share of Vietnam’s seafood export value still comes from minimally processed products, contract manufacturing, and raw material exports—segments characterized by low profit margins and high vulnerability to fluctuations in global prices.
(seafood.vasep.com.vn) In the context of a global economy shifting powerfully toward green and sustainable values, Vietfish 2026 is far more than just a commercial trade fair. It has become a strategic rendezvous and a "comprehensive ecosystem"—a convergence of value, knowledge, and sustainable growth opportunities for the entire industry chain.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to Colombia continued their strong upward momentum in May 2026. Export value to the market reached USD 4 million, up 24% compared to the same month in 2025. Cumulative exports in the first five months of 2026 totaled USD 24 million, an impressive 48% increase year-on-year.
(seafood.vasep.com.vn) Hai Phong's aquaculture sector is accelerating the adoption of high technologies in aquaculture to adapt to climate change, with red tilapia and tilapia identified as the key cultured species for priority development.
(vasep.com.vn) Vietnam’s seafood exports reached nearly US$1.1 billion in June 2026, up 21.0% year-on-year. Cumulative exports in the first half of 2026 totaled nearly US$5.8 billion, representing a 12.8% increase compared with the same period last year. Exports to China and Hong Kong continued to accelerate, while shipments to the United States rebounded strongly in June. In contrast, exports to the EU, Japan, and the Middle East remained sluggish or recorded slight declines.
(vasep.com.vn) Tilapia is playing an increasingly important role in Vietnam’s aquaculture sector, driven not only by growing market opportunities but also by its ability to meet increasingly stringent requirements on quality, food safety, and traceability. In practice, tilapia farming in Vietnam is not a spontaneous or loosely regulated activity; rather, it operates under a comprehensive legal and technical framework covering the entire value chain—from hatcheries and farming to processing and exports.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 1.9 billion in the first five months of 2026, up 12% compared with the same period last year. Amid continued volatility in the global seafood market, this result demonstrates that the shrimp sector has maintained positive growth momentum, supported by improving demand in several Asian markets, particularly China.
(seafood.vasep.com.vn) On June 16, the Department of Agriculture and Environment of Ca Mau Province announced that the locality has established a farming area code for nearly 30,400 hectares of mud crab aquaculture and granted export facility codes to five enterprises eligible to export mud crab officially to markets such as China, Cambodia, Singapore, and the United Arab Emirates (UAE).
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