Kien Giang is known for blue swimming crabs. The province has nearly 2,000 vessels capturing blue swimming crabs. This species has high economic value, and has strong sales in both the domestic market and global markets. Blue swimming crab capture plays an important role in the development of local economy and creates jobs for local people. In particular, the waters of Phu Quoc (Kien Giang) was identified as breeding ground and fishing ground for blue swimming crabs.
“Demand for blue swimming crabs is increasing, both in export markets and the domestic market. The number of visitors to Phu Quoc surges while fish stocks and blue swimming crab stocks are shrinking, with decline in crab size”, said Ms. Nguyen Ngoc Phuong (Kien Giang Association for Conservation of Nature and Environment).
In late 2011, Department of Agriculture and Rural Development of Kien Giang and WWF Vietnam proposed establishing Blue swimming crab Bank. The bank was founded to raise people’s awareness and contribute to the conservation and protection of blue swimming crab resource, and to ensure sustainable living conditions for local fishermen.
What Blue swimming crab Bank do is collecting egg-carrying female blue swimming crabs caught in one capture then nurture them until they spawn and then sell crab meat.
Households (fishermen, farmers, people who buy or sell crabs) who participate in the crab bank would be offered preferential loans from 3-5 million per household. Monthly repayments are paid with egg-carrying female blue swimming crabs (3-5 blue swimming crabs/ months). If they have more than 5 egg-carrying blue swimming crabs a month, consignment is available. Blue swimming crabs carrying eggs will be collected and put into cages, cared until they spawn. Baby blue swimming crabs are then put back to their natural environment.
This model was firstly placed in Bai Bon hamlet, Ham Ninh commune (in Phu Quoc, Kien Giang province). With the initial investment of VND 30 million, the Bank has now attracted 10 households to participate in the program.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
(vasep.com.vn) Changing markets, shifting buyer demand, and increasingly complex trade barriers are raising a key question for Vietnam’s seafood industry: Where will the new growth opportunities lie in 2027–2029?
(seafood.vasep.com.vn) As of the end of August 2026, Vietnam’s tilapia exports to the United States reached $21 million, representing a steep 48% year-over-year decline and accounting for 23% of the country's total tilapia export turnover. Frozen fillets accounted for 78% with the remainder consisting of whole frozen tilapia and frozen cuts.
(seafood.vasep.com.vn) After a volatile first half of the year, Vietnam’s pangasius exports to Brazil registered robust growth in July and August 2026. In August alone, export turnover reached $19 million, surging 73% compared to the same period in 2025. Cumulatively for the first eight months, total export value reached $124 million, reflecting an 8% year-over-year increase.
(seafood.vasep.com.vn) Besides modifying their boats, many fishermen in Dak Lak province are making efforts to venture out to sea to harvest seafood during the rough sea season.
(seafood.vasep.com.vn) At the Responsible Seafood Summit and TCRS Shrimp Summit 2026, organized by the GSA (Global Seafood Alliance) in Bangkok, Thailand, the conversation about the future of the shrimp industry began with one of its most important foundations: seedstock quality.
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