Pham Xuan Trinh, general director of Phong Phu Corporation, said the company has made good use of the FTA to export denim to the Korean market. Denim is among the products which are not easily exported as it is heavy, costs more to transport and requires short production time.
However, Phong Phu has met the requirements of Korea and its exports are rising, Trinh said.
In addition to garment, seafood exporters will benefit. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), shrimp exports to Korea will enjoy favorable conditions this year as seven tariff lines on shrimp are removed under the FTA. In particular, the country will offer a zero tariff for 10,000 tons of shrimp from Vietnam in the first five years and 15,000 tons in the five following years.
Therefore, Vietnam’s shrimp has an edge over other ASEAN countries like Thailand, Indonesia and Malaysia. Korea provides a preferential tariff for only 5,000 tons from other ASEAN countries.
More Vietnamese seafood is poised to enter the Korean market owing to lower transport cost in comparison to some South American countries which send high seafood volumes to Korea. Besides, with the removal of import tariff, Vietnamese products will be more competitive.
Last year, Vietnam exported almost US$238 million worth of shrimp to Korea, down 25% against 2014, though this market remained the fifth biggest shrimp importer of Vietnam after the United States, Japan, the European Union and China.
According to VASEP, shrimp exports to the Republic of Korea will surge in the future following tax incentives pledged in the trade deal.
Exporters of other seafood products like squid and octopus will have the opportunity to increase shipments to Korea. Vietnam’s squid and octopus exports to that market amounted to VND163 million last year.
VASEP said Korea imports squid and octopus from 22 markets and that Vietnam is the biggest supplier, followed by Chile and Peru. Korea is Vietnam’s biggest importer of these products, accounting for 38% of the total.
(seafood.vasep.com.vn) Market fluctuations, rising production costs, and increasingly stringent requirements from export markets are placing growing pressure on the shrimp industry. In response, Vinh Long Province is promoting high-tech shrimp farming integrated with production–consumption value chains to improve efficiency, reduce risks, and enhance the industry's value.
(seafood.vasep.com.vn) Vietnam's tilapia exports to Japan posted strong growth in the first half of 2026, while a promising new trend has emerged in the value-added product segment. Notably, Vietnamese tilapia fillets have been exported to Japan for use in sushi and sashimi, creating new opportunities to enhance the value of the industry in one of the world's most demanding seafood markets.
(seafood.vasep.com.vn) After a relatively sluggish first quarter, Vietnam's exports of fish cakes and surimi showed a clearer recovery in the second quarter, particularly in June. Export value in the first six months of 2026 reached USD 148 million, down 2% year on year. However, the newly imposed 12.5% additional U.S. tariff on Vietnamese goods, intensifying competition in Northeast Asia, and increasingly stringent traceability requirements in the EU are making the outlook for the second half of the year more uncertain.
(seafood.vasep.com.vn) In June 2026, Vietnam's shrimp exports reached nearly USD 458 million, up 24% year-on-year. In the first six months of 2026, export value totaled USD 2.35 billion, an increase of 14.2% compared with the same period last year. Growth was driven mainly by the Chinese market and the strong performance of lobster exports, while shrimp exports continued to face pressure from U.S. tariffs and rising logistics costs.
(seafood.vasep.com.vn) As part of Vietfish 2026, the Hosted Buyer Program is designed as a specialized B2B matchmaking initiative for selected international buyers, providing opportunities to meet directly with Vietnamese seafood exporters, gain the latest market insights, and experience Vietnam's seafood supply chain firsthand.
(seafood.vasep.com.vn) A project titled "Sustainable Shrimp Industry Governance" has been launched in Ca Mau Province with the aim of supporting the transition of the province's shrimp industry toward higher quality, lower emissions, stronger governance capacity, improved supply chain traceability, and the development of a sustainable shrimp brand that meets the increasingly stringent requirements of export markets.
(seafood.vasep.com.vn) Khanh Hoa Provincial Agricultural Extension Center, in collaboration with the Northern Center for Marine Aquaculture Research and the Van Hung Public Service Center, recently organized a training course on disease-free golden pompano seed production. The program is part of a National Agricultural Extension Project aimed at developing industrial-scale seed production models to support sustainable marine aquaculture.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
(seafood.vasep.com.vn) The application of high technology in shrimp farming is delivering positive results in the coastal areas of Vinh Long Province, contributing to improved production efficiency and creating significant potential for further industry expansion. However, to fully capitalize on this potential, the province is focusing on aquaculture zoning, infrastructure investment, and promoting modern, sustainable production.
(seafood.vasep.com.vn) Đồng Tháp Province has intensified efforts to curb illegal fishing by strengthening vessel monitoring, law enforcement and seafood traceability.
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
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Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
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