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) In the first four months of 2026, Vietnam’s tilapia exports reached USD 49 million, up 151% compared to the same period in 2025. This figure reflects an emerging export sector that is taking advantage of market gaps created by global trade disruptions, while larger producers are adjusting their strategies.
On the afternoon of May 28, the People’s Committee of Ho Thi Ky Commune signed a memorandum of understanding with Minh Phu Certified Shrimp Social Co., Ltd. (a member of Minh Phu Seafood Corporation) on cooperation to develop a black tiger shrimp farming area meeting international certification standards during the 2026–2030 period in the commune.
(seafood.vasep.com.vn) The “Moringa Noodles Salad” product by Sa Giang Import-Export Corporation was honored as one of the “Top 10 Winning Products” at the THAIFEX – Anuga taste Innovation Show 2026, held as part of THAIFEX – Anuga Asia 2026 in Bangkok.
(seafood.vasep.com.vn) After a fairly strong upward trend in 2025, Vietnam’s clam exports entered 2026 with a mixed picture: strong growth at the beginning of the year, followed by a slowdown from March onward. According to Vietnam Customs data, Vietnam’s clam export turnover in the first four months of 2026 reached more than USD 38 million, up 2% compared to the same period in 2025.
(seafood.vasep.com.vn) Vietnam’s pangasius industry is facing new opportunities to expand its development space as many localities and businesses begin promoting marine farming models aimed at diversifying farming areas and adapting to climate change. However, for pangasius to truly “go offshore” and develop into a large-scale industry segment, significant challenges related to technology, broodstock, and markets still need to be addressed.
(seafood.vasep.com.vn) Vietnam’s tilapia exports in April 2026 reached USD 11 million, up 92% compared to the same period in 2025. This strong growth indicates that Vietnamese tilapia products are continuing to penetrate and expand rapidly in international markets. Cumulative export turnover in the first four months of 2026 reached USD 49 million, up 151% year-on-year.
(seafood.vasep.com) At VietShrimp Asia 2026, disease management trends in shrimp farming are shifting strongly from treatment-based approaches toward proactive prevention through environmental and pond ecosystem control.
(vasep.com.vn) After a period of strong growth, with export turnover reaching USD 38 million in Q1/2026 — up 174% year-on-year — the sector’s rapid expansion clearly reflects growing market opportunities.
(vasep.com.vn) In the first quarter of 2026, Vietnam’s pangasius exports to the ASEAN bloc reached USD 44 million, up 7% compared to the same period in 2025. After falling to the lowest level of the quarter at USD 9 million in February — reflecting the seasonal slowdown in orders after the festive period — exports recovered strongly to USD 18 million in March, the highest monthly value of the quarter. This development shows that import demand for pangasius in ASEAN remains relatively stable despite short-term fluctuations.
(seafood.vasep.com.vn) On May 11, 2026, the US National Oceanic and Atmospheric Administration (NOAA) announced a positive comparability finding for Vietnam’s swimming crab fisheries, along with those of Indonesia and Sri Lanka, under the Marine Mammal Protection Act (MMPA). With this decision, seafood and seafood products harvested from Vietnam’s swimming crab fisheries will continue to be eligible for import into the US market.
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
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