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) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
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
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn
