The Japanese Hokugan Ltd Company intends to build a plant to process ocean tuna and other aquatic products in the Dong Tac fishing port, Tuy Hoa city of the central coastal province of Phu Yen in the near future.
At a working session on August 15 with Vice Chairman of the provincial People's Committee, Le Van Truc, director of the company Kawahira Manabu said the plant would have a capacity to process 1,800 tonnes of products per month.
The two sides also discussed fishing equipment and technique support for local fishermen.
Truc said the province would address land clearance issue in the next three months and will continue to exchange information with the Japanese firm to expedite the implementation of the project.
The Japanese company would provide fishing tools for locals in Tuy Hoa's Ward 6 and remains committed to sending experts to offer technical knowhow to local fishermen.
Phu Yen's annual catch is 6,000 tonnes of ocean tuna and 3,000 tonnes of cuttlefish, said Truc, adding that the output and quality would increase, thanks to the modern Japanese technology.
According to the provincial Department of Planning and Investment, the Japanese firm has studied a 16,500 sq.m site in Dong Tac fishing port for investment since September 2014.
The Okinawa-based company also hopes to build a high-quality ice water production plant for improved seafood preservation.
According to the General Department of Fisheries under the Ministry of Agriculture and Rural Development, three central provinces of Binh Dinh, Phu Yen and Khanh Hoa possess 2,826 tuna fishing vessels. However, 30 per cent of them are commercially unviable.
Currently, Viet Nam's tuna sector is facing numerous difficulties. Tuna output from the East Sea fishing ground dipped 30 per cent due to climate change.
Tuna exports by June 30 had dropped 8 per cent to US$224.7 million against the same period last year due to lesser demand in the world market and unstable quality of Viet Nam's tuna, according to the General Department of Customs.
At a meeting in July to review the pilot project on tuna fishing, purchase, processing and selling, participants proposed that Viet Nam's tuna industry should improve the quality of fishing and processing, invest in building specialised fish ports, identify potential products and expand markets.
International cooperation is also considered a key measure to spur the development of Viet Nam's tuna industry, they said.
Viet Nam would send a working group to the Philippines to learn tuna fishing and processing technologies, said Deputy Minister of Agriculture and Rural Development, Vu Van Tam.
Tam made the revelation after a recent fact-finding tour of General Santos, the largest producer of sashimi-grade tuna in the Philippines.
He said that the Philippines wants to learn aquaculture and fish processing technology from Viet Nam while Viet Nam should study tuna fishing and processing technology from the country.
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
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