A major seafood exporter, Vinh Hoan Corp announced its nine-month revenue of nearly 6.6 trillion VND (283.2 million USD) and net profit of 1.04 trillion VND, up 9.6 percent and 153 percent year-on-year, respectively. Particularly, its net profit surpassed the goal set for the whole year by 67 percent.
In the third quarter alone, the company’s selling prices recorded the highest level since the beginning of the year and increased 37 percent over the same period of last year. It saw strong growth in sales of more than 50 percent in most products which helped lift the net profit in the third quarter to over 609 billion VND, a 3.6 times higher than the same period of 2017.
Ben Tre Aquaproduct Import and Export JSC and Sao Ta Foods JSC, two subsidiary firms of PAN Group, have had a good year.
Ben Tre Aquaproduct’s pre-tax profits exceeded its yearly target by 25 percent after nine months thanks to higher fish prices and lower expenses, due to self-sufficiency in fish material. Its revenues reached 308 billion VND (13.2 million USD), up 8.4 percent year-on-year, while cost of capital declined 5.5 percent.
Ending September, its net profit was 55 billion VND, 3.5 times higher than the same period of last year.
Sao Ta Foods has almost hit its yearly target with nine-month pre-tax profit of 128 billion VND, up 36 percent year-on-year and 91 percent of the goal for the whole year. It posted revenues of more than 2.8 trillion VND and net profit of 119 billion VND, up 17 percent and 27.4 percent on-year, respectively. Based on these figures, the company is confident that its profit will surpass the yearly target by 40-50 percent.
Seafood manufacturing Nam Viet Corp also announced its net profit exceeded 2018’s target by 23 percent with 250 billion VND earned in the last nine months, up 253 percent over the same period of last year.
The Ministry of Agriculture and Rural Development (MARD) estimated total output of aquatic products reached nearly 2.6 million tonnes in the last nine months, aquaculture production at more than 2.9 million tonnes and export value at 6.4 billion USD, up 5.1 percent, 6.6 percent and 7.2 percent on-year, respectively.
The US, Japan, China and the Republic of Korea remained top importing markets for Vietnamese seafood, accounting for combined 54.1 percent of total export value.
Tra fish production and exports have developed well since the beginning of this year despite the breeding crisis and barriers in import markets. MARD forecast raw fish supply for export in the last quarter would remain constrained, helping maintain the export price.
A similar situation would happen with shrimp exports together with the recovery of shrimp prices in global markets.
Many Vietnamese seafood processing companies have signed big export contracts for important holidays by the end of the year.
Expected big profits of fisheries firms have also boosted share prices of these companies. Shares of Nam Viet Corp (ANV) have doubled in value since the beginning of the year while shares of Vinh Hoan Corp (VHC) have climbed by 85 percent. Shares of Ben Tre Aquaproduct (ABT), Sao Ta Foods (FMC) and Vinh Hoan Corp (VHC) have risen by 18-74 percent each.
VNS/VNA
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.
(seafood.vasep.com.vn) The Cooking Show will be one of the most engaging experiential highlights of Vietfish 2026. Taking place over three days, from August 19–21, 2026, at Hall B1, SECC, Ho Chi Minh City, the event will offer visitors a vibrant culinary space where Vietnamese seafood is showcased through its flavors, stories, and real-life culinary applications.
(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.
(seafood.vasep.com.vn) As part of Vietfish 2026, the International Seafood Hosted Buyer Program has been designed as a dedicated B2B matchmaking initiative for selected international buyers. The program provides opportunities to meet directly with Vietnamese seafood companies, gain market insights, and experience Vietnam's seafood supply chain firsthand.
(seafood.vasep.com.vn) A Story from Cà Mau’s Coast It’s 5 AM in Cà Mau. Minh, a third-generation fisherman, is ready to set sail. But unlike his father and grandfather, his boat no longer runs on an old diesel engine that burns fuel and clouds the sky with smoke. Instead, it’s powered by a hybrid engine that saves 40% fuel—funded by an ESG program from a major seafood exporter.
(seafood.vasep.com.vn) Vietnam's pangasius industry is shifting its focus from increasing production volume to enhancing value-added products in order to meet the increasingly stringent requirements of export markets. In An Giang Province—the country's leading hub for pangasius farming and processing—businesses and farmers are prioritizing product quality, traceability, food safety, and sustainable development rather than expanding output.
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