According to Mr. Ho Quoc Luc, Chairman of the Board of Directors of Sao Ta Food JSC, the company's processing plants are currently working hard to meet orders and prepare for the first export shipments of the Lunar New Year immediately after returning to work after the long holiday.
In January 2024, the company's processed shrimp production increased more than doubled compared to the same period last year, reaching 1,250 tons. At the same time, processed shrimp consumption reached 1,614 tons, equal to 145% of the same period last year.
The output of processed agricultural products was 189 tons, equal to 116% of the same period last year. Total revenue was 19.2 million USD, equal to 126% of the same period last year.
According to the company's leader, this year, shrimp farm workers and the company's leaders have experienced their first Lunar New Year at the shrimp farm, as this is the first year the company has implemented the off-season shrimp crop, stocking from late November 2023 to prepare raw materials for processing for export in 2024.
In the South, since the 10th lunar day, many businesses have resumed operations and started production. Immediately after returning to operation after the Tet holiday, many businesses have exported goods.
In which, Global Trading Connection Company Ltd. exported 2 containers of about 18 tons of processed coffee, such as mango coffee, salt coffee, noni coffee... to Australia. Previously, this company shipped 1 container of processed coffee to Australia to be sold at Australian supermarkets on the 4th day of Tet.
However, according to the assessment of businesses, although there have been positive signs in exports, they are facing new difficulties. In particular, Vietnam's seafood exports have shown signs of recovery and are likely to increase again in 2024, especially in the second half of the year. In which, the export of two main seafood products, shrimp and pangasius, basa will recover after a sharp decline in 2023.
According to Vietnam Association of Seafood Exporters and Processors (VASEP), in 2024, Vietnam's shrimp exports will increase by 10-15% compared to 2023; pangasius exports are expected to reach 2 billion USD.
However, the tensions in the Red Sea are causing a lot of difficulties in the transportation of goods in general and seafood in particular, as freight rates are increasing. The high selling price will greatly affect the decision to buy goods. Currently, businesses are considering exports to nearby markets to reduce transportation costs.
(seafood.vasep.com.vn) Favorable weather conditions in the early months of 2026 have brought encouraging signs for fisheries activities in Quang Tri. Output has grown steadily, contributing to improved livelihoods for local residents.
Entering 2026, Vietnam’s seafood industry is facing a period of both high expectations and mounting pressures. Following the positive recovery in 2025, production and export activities in Q1/2026 demonstrated the strong adaptability of Vietnam’s seafood business community amid continued global trade volatility, intensifying international competition, and increasingly stringent compliance requirements in import markets.
(vasep.com.vn) In the first quarter of 2026, Vietnam’s shrimp exports reached USD 1.069 billion, up 17.5% compared to the same period in 2025. This is a positive result amid an uneven global shrimp market recovery, intensifying competition among major suppliers, and continued volatility in the international trade environment. However, this growth does not reflect a broad-based recovery across the entire sector, but rather is driven mainly by strong performance in a few markets and specific product segments—most notably lobster exports to China.
(seafood.vasep.com.vn) Vietnam’s tuna exports continued to decline in March 2026. Cumulatively, in the first three months of the year, export value reached USD 208 million, down 4% compared to the same period in 2025. The export landscape shows clear divergence across markets: while the U.S. and EU remain challenging, markets such as Russia, the Middle East, Egypt, the Philippines, and Mexico have emerged as growth bright spots.
(seafood.vasep.com.vn) In Quang Ngai Province, shrimp farming costs are rising sharply due to लगातार increases in feed, fuel, and input material prices, while farm-gate shrimp prices are declining. This has significantly reduced farmers’ profit margins and increased production risks.
(seafood.vasep.com.vn) Vietnam’s tilapia exports are experiencing impressive growth, reflecting expanding global demand as well as the sector’s development potential. However, behind the strong growth figures lie limitations in production capacity and supply chains, highlighting the need for sustainable development in the coming period.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to the Middle East in 2025 and early 2026 have shown notable growth. However, escalating geopolitical tensions in the region have increasingly impacted export activities since March. This situation presents a challenge of balancing market expansion opportunities with rising trade risks.
(seafood.vasep.com.vn) The Quang Tri Department of Agriculture and Environment has instructed localities to base their stocking schedules on actual conditions in each farming area, while developing plans, allocating resources, and implementing synchronized measures for disease prevention and disaster risk management in aquaculture production.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s exports of fish cakes and surimi exceeded USD 45 million, up 7% compared to the same period in 2025, indicating a positive outlook for this product segment amid recovering demand in many markets.
(seafood.vasep.com.vn) During the week from April 4th to 10th, 2026, Quang Ngai province intensified its monitoring and law enforcement activities with the determination to eliminate illegal, unreported, and unregulated (IUU) fishing practices.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn
