Recently, pangasius exports have had a positive growth again after 9 months of decline, what is the cause, Sir?
According to the data that we have, pangasius exports in the first month of this year reached 214 million USD, up by 1.7% compared to the same period last year. Thus, after many months of decline, the export of pangasius has recovered showing that importers as well as our pangasius businesses are gradually adapting to the epidemic situation. In addition, enterprises boosting exports to markets with free trade agreements (FTAs) to get tax incentives, increase competitiveness and expand exports to new markets also partly help pangasius turnover to recover.
Specifically, pangasius shipment to countries in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has a turnover only less than that of exports to the US market and even surpasses China and Hong Kong. This is a good sign when pangasius exporting enterprises gradually reduce their dependence on the Chinese market, creating a balance in export activities to major markets.
With the above improvement, how do you evaluate the pangasius export market trend this year?
According to our assessment, due to the impact of travel restriction to prevent the spread of the coronavirus, customers of enterprises in FTA countries cannot come to Vietnam to speed up the buying process.
If the epidemic is controlled, the global economy, trade and consumer spending will strongly recover, which will have a positive impact on the recovery and growth rate of Vietnam's seafood industry in general and pangasius sector in particular. From there we forecast that this year pangasius will recover with an increase of 5%, reaching about 1.6 billion USD.
However, the recovery and development of the industry will depend heavily on the successful implementation of Covid-19 vaccination programs in other countries. Along with the rapid and widespread vaccine deployment, countries’ governments will also soon promote policies to recover and develop economy.
I think the road ahead is brighter than last year, but there are obviously many challenges that need to be solved, such as: Anti-dumping tax barriers in the US market having no signs of being ended in the next 5 years.; The Chinese market having an increasing demand for seafood imports, but at the same time tightening inspection of imported seafood, especially after the Covid epidemic occurs; import markets increasingly paying attention to quality and higher requirements for products with traceability, sustainable production processes …
So what will the pangasius sector do to deal with these challenges, Sir?
To solve these challenges, we recommend that besides focusing on developing traditional markets such as the US, EU, China, ASEAN ... pangasius businesses need to look for new markets such as India. In addition, we will coordinate with relevant agencies to continue promoting C/O propaganda and in-depth dissemination at international commitments to which Vietnam is a party; disseminating knowledge about FTAs, especially CPTPP Agreement, Vietnam - EU Free Trade Agreement (EVFTA) ... in many forms to help businesses to have access to and take advantage of incentives in export activities.
At the same time, we also encourage businesses to implement activities to promote domestic consumption of pangasius, in order to limit the risks and damages of the decline of the export market. Accordingly, in the coming time, businesses need to connect with the system of restaurants, resorts, kitchens in schools, industrial zones, the military ... associated with product branding, good quality management and guaranteed traceability.
According to our assessment, so far, the pangasius business has been active in bringing products into the domestic market through a system of large supermarkets, with diversified items to meet the needs of consumers. However, frozen products still account for the majority, so some businesses are promoting distribution through e-commerce sites such as Shopee, Tiki ... We assess that, in the long term, the development of domestic market will not only helps businesses sell products but also contribute to building the image of Vietnamese pangasius products. Thereby, the pangasius industry can develop more sustainably.
Refer to Vietnamese source: http://www.vasep.com.vn/san-pham-xuat-khau/ca-tra/nguyen-lieu/cach-nao-giup-ca-tra-duy-tri-da-xuat-khau-tang-21285.html
(seafood.vasep.com.vn) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.
(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.
(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.
(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.
(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.
(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
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