With a coastline of 192 km, Binh Thuan is one of the key fishing grounds of the country. Aquatic resources are plentiful in species, of which there are over 500 species of fish, 60 are of high economic value; famous specialties such as squid, scallop, cockles, shrimp and bivalve mollusks ... Affected by the Covid-19 epidemic, most seafood exporting enterprises had difficulty in maintaining and expanding the market. As a result, many orders and international trade fairs were canceled, affecting trade opportunities of businesses with customers. However, the output and export turnover of seafood in 2020 still increased compared to 2019, the export products that increased strongly are: frozen seafood, fish sauce ….
The Provincial Agriculture, Forestry and Fisheries Quality Assurance Department informed that the survey results collected information from enterprises about the output and export turnover in 2020 showed impressive prosperity. For example, Hai Nam Corporation increased the value of output as well as export turnover to more than 36 million USD, up by 9.6% over the previous year. The main export markets such as the EU, the Middle East, Asia, the US and Australia mainly imported frozen fish, in addition to many other items such as squid, shrimp, crab, and specialties ... 3 enterprises are Eastern Sea Fishery Joint Stock Company, Hai Tien Trading Co., Ltd., Tan Quy Seafoods Co., Ltd. exported new products that increased in volume and turnover such as frozen anchovies, octopus. frozen, frozen salmon. And Hai Trieu Co., Ltd. expanded new export markets to Spain, Malaysia, the Netherlands …
Meanwhile, some businesses actively imported raw materials for processing, so even though they were participating for the first time, they brought export turnover to the industry by more than 5 million USD compared to 2019. Moreover, a famous product which is fish sauce also achieved export growth of 3.9% compared to 2019, reaching an export turnover of nearly $ 2 million. Up to now, there are 5 enterprises exporting fish sauce to markets in Korea, America, Japan, EU, Philippines.
Currently, the province has about 230 establishments purchasing, preliminarily processing and processing aquatic products. Many seafood products for domestic consumption have high added value and are able to compete in the market such as: seafood hotpot, instant sesame fish, squid with tamarind, instant dried milk crab, Instant-rolled grilled goby ... Especially, fish sauce products bearing geographical indications in Phan Thiet are interested and selected by many domestic consumers and already have a number of export products. Frozen and dried seafood products have been exported to all continents, traditional seafood export markets such as Japan, Korea, Canada, and Europe have been maintained and stable, and at the same time search, expand the market. Seafood export turnover in 2019 reached 136.1 million USD, accounting for 29.44% of the province's export turnover, in 2020 the seafood export turnover reached 159 million USD, up by 16.77%.
Particularly, in the first three months of 2021, with the consumption demand of markets, especially Asia during the Lunar New Year holiday increasing, the export turnover of the seafood group continued to maintain the growth momentum of US $ 32.59 million, up by 5.09% over the same period. Having that result, it is necessary to acknowledge the great efforts of the exporting enterprises in dynamically overcoming difficulties and trying to maintain well the traditional export markets to continue increasing export turnover.
(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.
(seafood.vasep.com.vn) Vietnam–Russia relations are entering a new phase of cooperation, with a focus on expanding trade, investment and economic connectivity. Against this backdrop, tuna is emerging as one of the seafood products with significant growth potential in the Russian market. Export data for the first seven months of 2026 show strong growth in Vietnamese tuna exports to Russia. However, turning this momentum into sustainable market share will require businesses to address challenges related to logistics, payment and supply competition.
(seafood.vasep.com.vn) Vietnamese tilapia is moving into a higher-value segment as brackish-water farmed fish from the Mekong Delta is now being processed for sashimi and exported regularly to Japan.
(seafoo.vasep.com.vn) Ca Mau Province is stepping up efforts to protect aquatic resources and promote transparent and sustainable fisheries, joining the country’s efforts to have the European Commission (EC) remove its “yellow card” warning for illegal, unreported and unregulated (IUU) fishing.
(vasep.com.vn) Vietnam has strengthened its position in China’s massive seafood market, becoming the largest lobster supplier while maintaining a dominant share of the country’s imported pangasius.
(vasep.com.vn) Vietfish 2026 was more than just a larger exhibition space. Through B2B meetings, booth discussions, production-chain visits and post-show feedback, businesses and buyers found something more concrete: suitable suppliers, processing capabilities, technology solutions, new markets and a foundation for building long-term trust and partnerships.
(vasep.com.vn) Vietnam’s tilapia exports to the United States declined significantly in the first seven months of 2026. Cumulative export value reached US$18 million, down 42% from the same period in 2025. In July alone, exports amounted to just US$2 million, plunging 70%, indicating a clear slowdown in import demand from the US market.
(vasep.com.vn) At the seminar “Global Seafood Markets and the Future Workforce: Trends, Opportunities and Directions for the Sustainable Development of Vietnam’s Fisheries Sector,” held as part of VIETFISH 2026, Ms. Shirlene Maria Anthonysamy, Fisheries Officer (Markets) and GLOBEFISH Coordinator at the Food and Agriculture Organization of the United Nations (FAO), presented initiatives aimed at promoting youth participation in fisheries and aquaculture.
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