Many businesses from Guangzhou city of China have shown their interest in importing Vietnamese aquatic products, according to Le Hoang Tai, Vice Director of the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade. Speaking at a recent online Vietnam-China seafood trade exchange, which drew more than 30 Vietnamese seafood producers and many Guangzhou firms, Tai held that this is a good sign for aquatic sector amid the spreading of COVID-19 in many localities, affecting the sector’s supply chain.
According to Tai, due to COVID-19 impacts, Vietnam’s export of aquatic products to Guangzhou has faced many difficulties and almost traditional trade promotion activities have been postponed or cancelled. Earlier in November 2020, China tightened the control of frozen food import in some major trade hubs due to COVID-19 pandemic by requiring four different kinds of certificates. Along with the using of technology platforms and social networks such as Facebook, Viber and Zalo, the Vietrade has coordinated with Vietnamese Trade Offices abroad and trade associations to organise trade promotion activities, while connecting domestic exporters, suppliers and trading service providers, and updating local firms on market developments, thus seeking markets for export products. He expressed his hope that the event will help Vietnamese firms study needs and requirements of the Guangzhou market and seek more partners. Guangzhou businesses highlighted their demands for many kinds of Vietnamese aquatic products such as small-sized lobsters, shrimps, catfish, craps, tuna, octopus, and sea cucumbers. Nguyen Thi Thu Thuy, Vice Director of the Vietrade’s Export Support Centre said that a large number of orders were made at the event. Averagely, each Guangzhou firm needs 4-5 containers of aquatic products each week to serve the demand of Guangzhou and other markets in China. She added that Vietnamese firms are ready to provide the products. Chinese firms also asked for support from the Vietrade in setting up their branches in Vietnam for aquatic product buying. Also on August 10, the Vietrade helped connect 30 Vietnamese aquatic firms with partners in Rumania, Switzerland and the Czech Republic. The trade exchange events were part of a series of online conferences connecting consumption and boosting exports of seafood and breeding products of the Southern and Central Highlands regions hosted by the Ministry of Industry and Trade on August 6, 9 and 10.
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
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