With a coastline of 192 km, Binh Thuan is one of the key fishing grounds of the country. Aquatic resources are plentiful of various species, of which there are over 500 species of fish, 60 among these 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. Many orders and international trade fairs were canceled, affecting trade opportunities of businesses. However, the province’s 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 Co., Ltd 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, 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 also imported raw materials for processing, so even though they were participating for the first time, they brought export turnover up 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.
(seafood.vasep.com.vn) Lobster exports to China continued to surge in the first half of this year, putting the lobster industry on the verge of reaching an export value exceeding $1 billion.
(seafood.vasep.com.vn) More than five years after the UK-Vietnam Free Trade Agreement (UKVFTA) took effect, Vietnamese seafood is steadily expanding its market share in the United Kingdom, one of Europe’s major seafood import markets with stable and diverse consumer demand.
(seafood.vasep.com.vn) At Van Hung Commune, Khanh Hoa Province, the Khanh Hoa Agricultural Extension Center, in collaboration with the Northern Aquaculture Research Center and the Van Hung Public Service Center, organized a technical training course on the industrial-scale production of disease-free golden pompano (Trachinotus falcatus) seed for local marine fish farmers.
(seafood.vasep.com.vn) Vietnam’s squid and octopus exports maintained a strong recovery in the first five months of 2026, reaching more than USD 302 million, up 17% compared to the same period in 2025. Growth was primarily driven by Asian markets, including South Korea, Japan, Thailand, and China, while exports to the United States and the European Union continued to face headwinds from cautious consumer demand and increasingly stringent compliance requirements.
Vietnamese seafood giant Minh Phu Group has inaugurated a VND1.5 trillion (US$57.4 million) seafood processing plant in Ca Mau Province.
(vasep.com.vn) From 19–21 August 2026, the Vietnam International Seafood Exhibition (Vietfish 2026) will take place at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Under the theme "Innovation – Sustainability", Vietfish 2026 continues to serve as Vietnam's flagship annual seafood event, bringing together seafood producers, exporters, importers, buyers, industry experts, government agencies, and stakeholders from across the domestic and global seafood value chain.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in May 2026, reaching USD 14 million, up 18% compared with the same month last year. Cumulative export value for the first five months of 2026 totaled USD 62 million, representing a remarkable 101% increase over the same period in 2025, highlighting the sector’s strong recovery in international markets.
(seafood.vasep.com.vn) Vietnam’s tuna exports reached USD 367 million in the first five months of 2026, down 7% compared to the same period in 2025. While the decline is not yet severe, the more concerning issue is that pressure is mounting in key markets such as the United States and the European Union, just as ocean freight rates are rising sharply on long-haul routes. The current situation is therefore not merely about slower orders, but rather a clear restructuring phase for Vietnam’s tuna industry.
(seafood.vasep.com.vn) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.
(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
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