Specifically, the company estimates that its total processed shrimp production increased by nearly 22% compared to 2023, reaching 25,833 tons. In contrast, total processed agricultural products dropped by 34%, totaling 1,040 tons.
By the end of December 2024, the company had completed stocking shrimp seedlings for the off-season across its entire shrimp farming area.
Regarding sales, the volume of processed shrimp sold reached 22,164 tons, up 27% compared to 2023. For agricultural products, the sales volume decreased by 4%, totaling 1,309 tons.
For the full year 2024, Sao Ta Foods estimates total revenue of $250.86 million, a 25% increase compared to 2023 and 19% higher than the company's initial target.
These impressive results come despite significant challenges faced by Vietnam’s shrimp industry, including global economic instability, unfavorable shrimp farming conditions, and trade defense measures targeting Vietnamese shrimp, particularly in the U.S. market.
In connection with the countervailing duty case involving frozen warmwater shrimp imported from Vietnam, the U.S. Department of Commerce (DOC) issued its final ruling on October 22, 2024. The ruling imposes a countervailing duty rate of 221.82% on one non-cooperating company and a 2.84% rate for all other Vietnamese exporters.
Sao Ta Foods's management noted that it had anticipated the risks associated with exporting to the U.S. market. The company proactively allocated provisions for antidumping and countervailing duties in its U.S. sales revenue. Additionally, since 2020, the company has implemented various market strategies to mitigate these risks, including shifting focus to the Japanese market.
The Japanese market is considered a “home ground” for Sao Ta Foods, allowing the company to leverage its strengths in premium, deeply processed products while reducing business risks. This advantage stems from Japan’s geographical proximity and the lack of direct competition with low-cost shrimp from India and Ecuador. Currently, Sao Ta Foods is Vietnam’s largest shrimp exporter to Japan.
(seafood.vasep.com.vn) In the first months of 2026, fishing activities in Quang Tri province recorded many positive signals, with output reaching over 15,941 tons. This result not only demonstrates fishermen’s efforts to stay offshore but also reflects the effectiveness of management and support measures implemented by local authorities.
(seafood.vasep.com.vn) In the first months of 2026, IUU prevention models focused on communication and mobilizing fishermen to comply with fisheries laws and avoid encroaching on foreign waters—related to combating illegal, unreported, and unregulated (IUU) fishing—have been implemented in coastal localities of Lam Dong province and have delivered initial positive results.
(seafood.vasep.com.vn) The sharp rise in raw pangasius prices to record levels is sending positive signals for the industry, but experts warn of potential supply–demand imbalances if production is not tightly controlled.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, the country’s total canned tuna export value in 2025 reached over USD 275 million, down 8% compared to 2024. Vietnamese canned tuna products were present in approximately 80 markets worldwide. However, the 2025 picture shows clear divergence: the U.S. maintained stability, the EU declined sharply, while several Middle East–North Africa (MENA) markets accelerated.
(seafood.vasep.com.vn) In 2025, Vietnam’s crab exports reached nearly USD 86 million, up almost 6% compared to 2024. A notable feature of 2025 was the strong market concentration in the United States, which accounted for more than 81% of Vietnam’s total crab export value, up 10% from the previous year. In contrast, exports to several Asian markets declined significantly, resulting in only modest overall growth for the year.
(seafood.vasep.com.vn) In 2025, Vietnam’s tilapia exports recorded impressive growth, with total export turnover reaching over USD 99 million, highlighting the increasingly important role of this product in the country’s seafood export structure. Of this total, tilapia fillets and other fish meat products accounted for USD 61 million, representing 61% of total export value and reaffirming their position as the key product category.
(seafood.vasep.com.vn) Shrimp seed quality is considered the “first link” and a decisive factor affecting the efficiency of the entire commercial shrimp production chain. High-quality seed directly influences survival rates, growth performance, and disease resistance, thereby determining production costs, productivity, and farmers’ profitability.
(seafood.vasep.com.vn) As part of its agricultural restructuring strategy toward sustainability, Quang Tri Province is gradually promoting environmentally friendly aquaculture models. Among these, organic-oriented golden pompano farming is considered a promising direction, aligned with the goals of enhancing production value and building sustainable rural areas.
(seafood.vasep.com.vn) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.
(seafood.vasep.com.vn) Amid the increasingly evident impacts of drought and saltwater intrusion, the shrimp-rice production model in Ca Mau province continues to prove itself as a viable direction, contributing to higher farmer incomes, improved soil conditions and the promotion of ecological and sustainable agricultural development.
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