Currently, input prices have increased tremendously (especially for gasoline), leading other industries’ price levels to increase accordingly. Noticeably, the price of input materials for aquaculture has also increased, such as imported soybeans, bran, fat, etc., along with the increase in workers' wages to ensure that it is in line with the current price slide. Another difficult point is that, even though the epidemic is controlled, a few large markets are still applying the Zero Covid policy, so the openness of these markets is not certain and varies at times, affecting the global supply chain. Input materials, have increased by 10% - 20%. The most notable increase is the freight rate, which has increased by 5 to 10 times. For example, the European freight for a 40-foot container at between 1,500 USD to 2,000 USD has leaped to 20,000 USD. The difficulty to find shipping containers has been affecting company’s competitiveness, hindrancing market supply due to delayed orders and affecting the customers. Facing this situation, GODACO has put forward some solutions: reaching out to new markets, expanding new products, limiting activities in unstable markets, reducing unnecessary costs in production, increasing productivity and quality improvement, etc., in order to minimize the impact of increasing input prices, heading towards increasing competitiveness in markets. According to Mr. Dao, the processed seafood industry in particular, and the food industry in general, after the epidemic, the recovery of the economy and the demand for food and travel will contribute to the increasing consumption demand for this product category. We also expect that from now to the end of 2022 as well as the coming years, the demand for food will keep increasing. This is also a new opportunity for the seafood processing industry. Taking advantages of these opportunities, the company also takes preparation steps, especially implementing many solutions to get back to its position before the epidemic by the end of 2022. The company also set specific goals for the coming years, such as continuing to expand the pangasius farming area of about 70 hectares, building more processing plants, expanding the market... GODACO's goal in 2023 is to increase revenue and export turnover by about 30% and the company will be among the top 3 largest fish processing enterprises in Vietnam in the next 5 years.
Compiled by My Hanh
(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.
(seafood.vasep.com.vn) As part of Vietfish 2026, the International Seafood Hosted Buyer Program has been designed as a dedicated B2B matchmaking initiative for selected international buyers. The program provides opportunities to meet directly with Vietnamese seafood companies, gain market insights, and experience Vietnam's seafood supply chain firsthand.
(seafood.vasep.com.vn) A Story from Cà Mau’s Coast It’s 5 AM in Cà Mau. Minh, a third-generation fisherman, is ready to set sail. But unlike his father and grandfather, his boat no longer runs on an old diesel engine that burns fuel and clouds the sky with smoke. Instead, it’s powered by a hybrid engine that saves 40% fuel—funded by an ESG program from a major seafood exporter.
(seafood.vasep.com.vn) Vietnam's pangasius industry is shifting its focus from increasing production volume to enhancing value-added products in order to meet the increasingly stringent requirements of export markets. In An Giang Province—the country's leading hub for pangasius farming and processing—businesses and farmers are prioritizing product quality, traceability, food safety, and sustainable development rather than expanding output.
(seafood.vasep.com.vn) Following strong growth in 2025, Vietnam’s tuna exports to Sweden continued to edge higher during the first five months of 2026. However, the picture is far from straightforward. Orders have fluctuated significantly from month to month, indicating that this market remains cautious, with purchasing decisions closely tied to actual demand and the import cycles of Nordic distributors rather than to a steady upward trend.
(seafood.vasep.com.vn) China’s shrimp imports in the first five months of 2026 continued to surpass the same period in 2025, indicating that demand in the world’s largest seafood-consuming market remains strong. However, behind the growth figures lies an increasingly competitive landscape: Ecuador dominates the competitively priced whiteleg shrimp segment, India remains the second-largest supplier, while Vietnam stands out in the lobster segment but still needs to strengthen its advantages through quality, traceability, and reliable supply.
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