According to Ho Quoc Luc, former Chairman of the Vietnam Association of Seafood Exporters and Producers (VASEP) and Chairman of Sao Ta Foods JSC, Vietnamese firms are capitalising on their processing strengths to increase the added-value of their products.
Currently, Vietnam houses 100 processing plants with total average capacity of some 500,000-700,000 tonnes of shrimp each year, which are able to double their scale in just a short period of time. Meanwhile, large-scale plants like Minh Phu, Vinh Hoan, and Hung Vuong equipped with state-of-the-art technologies can satisfy the demands of giant distributors, he said.
Thanks to the well-developed processing industry, Vietnamese shrimp has been favoured by foreign purveyors, said Tran Van Linh, Chairman of Thuan Phuoc Seafoods and Trading Corporation. He added that more foreign customers are buying Vietnamese processed shrimp as several free trade deals come into force, helping the products take full advantage of tax preferences in foreign markets.
Although the processing industry brings lucrative business to local firms, they could earn more if their shrimp materials were sold as cheap in that in India, Ecuador, and Indonesia.
To compensate for high material costs and lower production costs, many leading seafood firms are investing heavily in advanced technologies and equipment. Thuan Phuoc and Minh Phu seafood corporations have made their processing line automated to cut labour costs and increase productivity.
Experts said that the Government should take suitable measures to assist the shrimp industry in planning, infrastructure investment, and control of the trading of antibiotics and other harmful chemicals in the market towards sustainable shrimp development in the future.
VNA
(seafood.vasep.com.vn) Vietnamese seafood exports recorded impressive growth, generating nearly 6 billion USD in revenue during the first six months of the year, up 13% compared with the same period last year.
(seafood.vasep.com.vn) Fishermen in Ha Tinh are gradually overcoming difficulties to maintain the efficiency of seafood exploitation. In the first six months of 2026, the entire province achieved a production of more than 23,000 tons of seafood, worth more than 1,200 billion VND.
(seafood.vasep.com.vn) June 2026 brought encouraging signs for Vietnam's tuna exports, with export value rising 20% year-on-year to nearly USD 72 million. However, this increase has yet to offset the prolonged slowdown seen in key markets such as the European Union (EU), where import demand remains weak. The outlook for the second half of the year is expected to become more challenging as freight rates continue to climb.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.
(seafood.vasep.com.vn) The Cooking Show will be one of the most engaging experiential highlights of Vietfish 2026. Taking place over three days, from August 19–21, 2026, at Hall B1, SECC, Ho Chi Minh City, the event will offer visitors a vibrant culinary space where Vietnamese seafood is showcased through its flavors, stories, and real-life culinary applications.
(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.
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