More challenges are expected for Vietnam’s aquaculture exports in 2024, according to Tran Dinh Luan, General Director of the Department of Fisheries under the Ministry of Agriculture and Rural Development. The fishery sector's current problems include the traceability of seafood to combat illegal exploitation and ensure food safety on fishing vessels and fishing ports. In addition, seafood exports face many other barriers such as animal welfare and carbon certificates to ensure environmental safety during the production process of products exported to Europe and the US. The Ministry of Agriculture and Rural Development has lowered its target for seafood export value for 2024 to 9.5 billion USD from its previous expectation of 10 billion USD. The fisheries sector is expected to have an output of 9.22 million tonnes of seafood from an aquaculture area of 1.3 million hectares this year. According to the Department of Fisheries, the seafood export value in 2023 was estimated to reach 9.2 billion USD, or 92% of the plan, down 8% compared to 2022. Of this year's export value, about 3.45 billion USD were from shrimp, 1.9 billion USD from tra fish, 900 million USD from tuna, and 800 million USD from mollusks. Total seafood export output in 2023 was estimated at 9.05 million tonnes, an increase of 2% compared to 2022. Exploited seafood output reached 3.68 million tonnes, equal to 2022, while aquaculture output was more than 5.4 million tonnes, an increase of 3.5% compared to 2022. The world economy has recovered slowly, while the prices of some input products for aquaculture development and logistics costs have remained high, putting pressure on production. These challenges impacted Vietnam's seafood processing and export activities, causing difficulties for the seafood industry this year. Meanwhile, the European Commission continues to maintain a yellow card warning for Vietnam's seafood. Therefore, in 2024, the task of production and business will become more difficult. Luan said seafood export revenue decreased in 2023 as the fisheries industry faced challenges such as a lack of standards and regulations for environmental monitoring, and inadequate infrastructure in farming areas. The efficiency of catching activities was still low. Consumption demand decreased in most markets, causing a drop in export turnover. Vuong Thi Oanh, an official from the Import-Export Department under the Ministry of Industry and Trade, said although the fisheries industry shows signs of recovery, there are still many difficulties in 2024. Specifically, China, the US, Europe, and Japan were expected to recover from the last months of 2023 because those markets prepare food for festivals at the year end and the new year, while importers' inventories are low. Vietnam is a potential supplier to those markets. However, competition with rivals also increased, such as with Thailand, Indonesia and China, for processed products and with Ecuador for regular products./.
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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