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) While Vietnam’s shrimp exports to many major markets continued to post positive growth in the first months of 2026, exports to the United States declined, highlighting growing competitive pressures and trade barriers facing the Vietnamese shrimp industry.
(seafood.vasep.com.vn) Egypt is emerging as one of the most promising destinations for Vietnamese tuna exports in 2026. During the first four months of the year, export turnover to this market exceeded USD 7.3 million, marking a sharp increase compared to the same period over the previous two years. As Egypt’s tuna imports continue to recover and demand for canned tuna remains strong, the market is becoming increasingly attractive for Vietnamese tuna processors and exporters.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s pangasius exports to CPTPP member countries reached nearly USD 128 million, accounting for 18% of the country’s total pangasius export value and increasing by 21% compared to the same period in 2025. Demand patterns varied significantly across the bloc: Mexico primarily imported fresh and frozen pangasius products, while Japan and Canada recorded substantial shares of processed products. Australia remained focused on frozen fillets but continued to maintain a portion of processed imports.
(seafood.vasep.com.vn) Despite the slow recovery of the U.S. market and continued trade-related challenges facing Vietnam’s shrimp industry, Minh Phu Seafood Corporation (MPC) has set ambitious targets for 2026. The company aims to produce 68,800 metric tons of finished shrimp products, generate consolidated revenue of VND 19.9 trillion, and achieve VND 1.059 trillion in pre-tax profit. If achieved, these figures would represent the highest revenue and profit levels in the company’s history.
(seafood.vasep.com.vn) HungHau Foods Joint Stock Company (HungHau Foods) has been honored at the 33rd Asia-Pacific Economic Forum, receiving two prestigious awards: “Top 10 Outstanding Asia-Pacific Enterprises 2026” and “Top 10 Outstanding Entrepreneurs” awarded to HungHau Foods CEO, Ms. Nguyen Yen.
(seafood.vasep.com.vn) After a period of sluggish imports in 2025, the Chinese market has returned with strong shrimp purchasing momentum in the first months of 2026. However, alongside rising demand comes an increasingly stringent import control system, covering quarantine requirements, food safety standards, registration procedures, and traceability. This makes China a market that offers both significant opportunities and growing risks for Vietnamese shrimp exporters.
(seafood.vasep.com.vn) Recently, in Long Xuyen City, An Giang Province, the Institute of Policy and Strategy for Agriculture and Rural Development (IPSARD) and the University of Economics Ho Chi Minh City (UEH) organized a workshop to announce the results of the project “Food Loss Assessment in the Pangasius Value Chain in the Mekong River Region.” The project aims to provide scientific evidence to support the sustainable development of Vietnam’s pangasius industry.
(seafood.vasep.com.vn) Shrimp prices in Vietnam’s Mekong Delta have recovered since early May, helping to improve farmers’ confidence and accelerate stocking activities for the 2026 farming season. However, farmers remain cautious due to rising input costs, unfavorable weather conditions, and disease risks.
(seafood.vasep.com.vn) On May 27, the Vietnam Trade Office in India, in collaboration with trade promotion agencies, industry associations, and businesses from both countries, organized the online seminar “Vietnam–India Seafood Trade Forum and Supply-Demand Connectivity 2026.” The event aimed to promote trade cooperation, investment, and seafood supply chain connectivity between Vietnam and India amid the ongoing restructuring of global markets.
(seafood.vasep.com.vn) In recent years, Ninh Binh Province has intensified the application of science and technology in aquaculture in order to improve productivity, product quality, and economic efficiency.
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