Seafood is one of the products benefit from the FTA. In 2016, shrimp exports to Korea will have advantages thanks to the free trade agreement between the two countries. 7 tax lines on shrimp for were deleted. South Korea also committed to provide tariff quotas for 10,000 tonnes of Vietnam shrimp in the first year and rise to 15,000 tons after 5 years with a import-export tax of 0%.
As the results, Vietnam's shrimp have more advantages over other countries in the ASEAN region such as Thailand, Indonesia, Malaysia, while South Korea only give quotas of 5,000 tons for ASEAN.
Vietnam seafood are forecasted to penetrate deeper into South Korean market, with advantages such as lower freight costs compare to some rival countries in South America. In addition, with the elimination of import tariffs, Vietnam seafood price in Korean market will be cheaper than before, thereby encourage people to consume more.
In 2015, Vietnam's shrimp export to South Korea reached nearly US$238 million, down 25 percent from 2014, but the country still is the fifth shrimp import market of Vietnam, just after the US, Japan, EU and China. With incentives from the FTA, Vietnam's shrimp exports to the country will continue strong growths.
In addition to frozen shrimp, the other seafood products such as squid, octopus continue to have opportunities in the market. In 2015, the export of cephalopods to South Korea reached more than US$163 million.
Around 22 countries are exporting cephalopods to the Korea market, in which Vietnam helds the first rank, followed by Chile and Peru. South Korea is currently the biggest importing market for Vietnam cephalopods, accounting for 38% of the total exports of Vietnam cephalopods.
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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