Most large enterprises in the field of aquaculture and seafood processing have factories and raw material areas in the South and the Mekong Delta. These are also two areas heavily affected by the recent fourth wave of the epidemic, when more than 3 months had to maintain production and business activities in a moderate state.
Mr. Ho Quoc Luc, Chairman of the Board of Directors of Sao Ta Food, said that the mentality of the seafood industry this year is very different. Some businesses are happy, some businesses are hesitant for the upcoming period, there are many businesses worried about not completing their contracts.
In 2021, although the whole industry reaches the finish line, not many businesses can keep the same efficiency as the previous year due to many reasons such as increased input materials, labor costs, medical costs for prolonged disease screening. Especially, the rent for empty containers to markets as far away as North America and the EU increased sharply.
Despite the common challenges faced by all businesses, there have been units in the shrimp and pangasius industry that have recorded outstanding business results in the past year compared to the previous year. The quick resumption of production and the promotion of exports in the last 3 months of the year have become the clearest evidence demonstrating the internal strength of enterprises.
Vinh Hoan Joint Stock Company is always the first name mentioned when talking about the seafood industry in general and pangasius in particular. As the market leader, Vinh Hoan had business results that outperformed its peers in the most difficult quarter of the past year and even made a strong comeback in the last 3 months of the year. net revenue increased by nearly 40%, reaching nearly 2,700 billion dong. Vinh Hoan's gross profit margin last year was at more than 19%, which is nearly 5% higher than in 2020.
Last year, Vinh Hoan reported a net profit of 1,110 billion dong (up 54% compared to the previous year).
In the shrimp industry, Camimex Group and Sao Ta Food Joint Stock Company continued to maintain growth momentum.
Specifically, Sao Ta recorded an increase of nearly 18% in net revenue, along with an increase in net profit of nearly 27%. Last year's net profit margin of this company increased slightly compared to the previous year when reaching 5.5%.
Although on a smaller scale than Sao Ta (in terms of revenue), Camimex Group's positive business results last year also contributed greatly to promoting the overall growth of the industry. This Ca Mau-headquartered company recorded a net profit increase of 38% compared to 2020, reaching nearly VND 83 billion. However, Camimex Group's net profit margin last year decreased slightly compared to the previous year when it reached only 3.7%.
The target of Vietnam's total seafood export turnover in 2022 is at the same level as in 2021. As for the shrimp industry, Mr. Ho Quoc Luc realizes that the business activities of enterprises have prospered since the beginning of the year and are promising. conquering the $4 billion milestone this year is within reach.
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
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