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) Vietnam’s shrimp exports in the first four months of 2026 maintained positive growth momentum, reaching approximately USD 1.5 billion, up 15% compared to the same period last year. However, behind this result lies diverging trends across markets, as the global shrimp industry continues to face pressure from inflation, high inventories, price competition, and increasing trade risks.
(seafood.vasep.com.vn) In Vinh Tuy commune (Kien Giang Province), many shrimp farmers are adopting bottom aeration systems and reporting clear economic benefits, helping increase income and reduce production risks.
(vasep.com.vn) In the first three months of 2026, Vietnam’s exports of crabs and other crustaceans reached more than USD 93 million, up 23% compared to the same period last year. The result shows that the sector is experiencing a fairly positive recovery, especially in its two key product groups: crabs and swimming crabs. However, behind the growth figures are several concerns: export markets remain highly concentrated, raw material supply is unstable, and trade barriers from the US and EU are becoming increasingly stringent.
(seafood.vasep.com.vn) In Ca Mau province, many farmers are transitioning from traditional methods to high-tech shrimp farming, adopting recirculating systems with minimal water exchange to improve efficiency and reduce risks. In Hung My commune alone, there are about 260 super-intensive shrimp farming households covering more than 265 hectares, playing a key role in local economic development.
(seafood.vasep.com.vn) In the first three months of 2026, Vietnam’s exports of fish cake and surimi reached USD 63 million, down 5% compared to the same period last year. Although total export value declined slightly due to decreases in some key markets, many other destinations continued to post strong growth, opening up room for this convenience-oriented processed segment in the coming quarters.
(seafood.vasep.com.vn) Favorable weather conditions in the early months of 2026 have brought encouraging signs for fisheries activities in Quang Tri. Output has grown steadily, contributing to improved livelihoods for local residents.
Entering 2026, Vietnam’s seafood industry is facing a period of both high expectations and mounting pressures. Following the positive recovery in 2025, production and export activities in Q1/2026 demonstrated the strong adaptability of Vietnam’s seafood business community amid continued global trade volatility, intensifying international competition, and increasingly stringent compliance requirements in import markets.
(vasep.com.vn) In the first quarter of 2026, Vietnam’s shrimp exports reached USD 1.069 billion, up 17.5% compared to the same period in 2025. This is a positive result amid an uneven global shrimp market recovery, intensifying competition among major suppliers, and continued volatility in the international trade environment. However, this growth does not reflect a broad-based recovery across the entire sector, but rather is driven mainly by strong performance in a few markets and specific product segments—most notably lobster exports to China.
(seafood.vasep.com.vn) Vietnam’s tuna exports continued to decline in March 2026. Cumulatively, in the first three months of the year, export value reached USD 208 million, down 4% compared to the same period in 2025. The export landscape shows clear divergence across markets: while the U.S. and EU remain challenging, markets such as Russia, the Middle East, Egypt, the Philippines, and Mexico have emerged as growth bright spots.
(seafood.vasep.com.vn) In Quang Ngai Province, shrimp farming costs are rising sharply due to लगातार increases in feed, fuel, and input material prices, while farm-gate shrimp prices are declining. This has significantly reduced farmers’ profit margins and increased production 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
