Evergreen is already cutting its exports in 2013, from around 1,800 metric tons last year, to only around 1,300t, said Liang Chaorong, manager-assistant at the company.
In 2014, this is likely to tumble to just 500-600t, he said.
In contrast, the group expects to sell 5,000-6,000t domestically from its own factories next year, up from 3,500t this year. The remaining 20,000-30,000t that its farms harvest is sold to third party plants.
“We will cut the export business from next year, and focus on the domestic,” Chaorong told Undercurrent News.
Chaorong cited the impact of early mortality syndrome (EMS), as well as high shrimp seed prices in
The shrimp raw material situation has “no chance” of getting any better next year, so farmers will use more antibiotics to prevent the shrimp from dying, said Chaorong. This, in turn, will make it impossible to export to markets where the use of antibiotics is limited or prohibited, such as
In addition, negotiations between
Farmers tried to negotiate the price downwards, citing a drop in quality, he said, and the parties failed to agree on a price.
A deal will have to be sealed by April next year in time for the next farming season, he said.
Both Evergreen and Zhanjiang Guolian Aquatic Products (Guolian) – considered to be China’s largest shrimp producer — had toldUndercurrent at the China Fisheries & Seafood Expo in Dalian in early November that they were in the process of cutting exports in favor of domestic sales.
Evergreen describes itself as a $1 billion-turnover group, owning hatcheries, farms, plants as well as fish and shrimp feed mills.
(seafood.vasep.com.vn) In 2025, Vietnam’s pangasius export turnover reached nearly USD 2.2 billion, up 8% year-on-year. This result indicates that pangasius exports maintained their growth momentum despite significant volatility in the global market environment. In December 2025, pangasius export value reached USD 200 million, up 10% compared to December 2024. This solid performance in the final month of the year reflects increased import demand for consumption and inventory replenishment in key markets.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain experienced significant fluctuations. According to Vietnam Customs, during the first 11 months of 2025, export turnover for the first 11 months of the year edged up by 0.3% year-on-year, reaching nearly $15 million.
(seafood.vasep.com.vn) Deputy Prime Minister Bui Thanh Son has signed Decision No. 16/QD-TTg, dated January 5, 2026, approving the implementation plan for the Vietnam-Israel Free Trade Agreement (VIFTA). Under the plan, in the coming period, ministries, ministerial-level agencies, government-affiliated entities and People’s Committees of provinces and centrally-run cities must institutionalize and execute tasks focused on the dissemination of information regarding VIFTA and the Israeli market; legislative and institutional development, as well as enhancing competitiveness and human resource growth...
(seafood.vasep.com.vn) Beyond achieving double-digit growth, Vietnam’s fish cake and surimi exports are showing a notable year-end "inflection point": the EU his accelerating with nearly twofold growth, China & Hong Kong are rising sharply, while the largest market, South Korea, signaled a slowdown in November. According to Vietnam Customs data, export turnover of fish cake and surimi reached $327 million in the first 11 months of 2025, up 22% year-on-year; November 2025 alone accounted for $35 million, marking a 5% increase. This serves as a critical foundation for exporters to reassess market structures and competitive intensity while finalizing order strategies for 2026.
(seafood.vasep.com.vn) Ca Mau, widely regarded as the nation’s “shrimp capital”, continued its strong performance in 2025 as shrimp output reached nearly 600,000 tons, maintaining its position as Vietnam’s leading shrimp-producing locality.
(seafood.vasep.com.vn) On December 29, 2025, at the 2025 Pangasius Industry Review Conference held in Can Tho City, the Vietnam Pangasius Association announced that fingerling prices have surged to record levels due to acute supply shortages.
(seafood.vasep.com.vn) While Vietnam’s shrimp exports to the EU maintained positive growth momentum in 2025, several new regulations related to animal welfare are transitioning from “ethical recommendations” to mandatory requirements, likely reshaping the shrimp supply chain for this market from 2026 onwards.
(seafood.vasep.com.vn) Vietnam’s seafood exports reached $989.5 million in November 2025, up 64.6% year-on-year. The robust monthly performance played a pivotal role in driving the total export turnover for the first 11 months of 2025 to $10.5 billion, representing a 19% increase compared with the same period in 2024.
(vasep.com.vn) Vietnam’s crab exports reached USD 81 million in the first 11 months of 2025, with the United States accounting for more than 82% of total value. While newly imposed reciprocal tariffs and the enforcement of provisions under the U.S. Marine Mammal Protection Act (MMPA) pose significant challenges for Vietnam, the European Union is emerging as a promising growth market.
(seafood.vasep.com.vn) The Ca Mau Department of Agriculture and Environment has recently issued a plan to develop specialized crab raw material zones serving official export channels, covering a scale of around 50,000 hectares. This marks a significant shift in the sea crab industry towards professional production aligned with market requirements.
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