In the first quarter of this year, seafood exports remained the growth rate of over 15 percent from the same period of 2011. In the second quarter, exports tended to halt with the slow growth of only 6 percent, even in June 2012, pangasius exports fell by 14.5 percent, shrimp exports fell by 4 percent.
However, in the second quarter of 2012, the positive growth in exports of marine product exports has compensated for the decrease in exports of two main key items (shrimp and pangasius). Exports of tuna and cephalopod reached positive growth of 53 percent and 40 percent, respectively. Noteworthily, exports of other marine finfish surged the most by over 64 percent. Through June 2012, exports of crab, swimming crab, surimi (accounting for nearly 40 percent of total seafood export value of Vietnam) helped to bring total seafood export value of Vietnam to gain US$1.14 billion. In the second quarter and the first half of 2012, increase in capture production of marine products, especially tuna and pelagic finfish pushed seafood exports to rocket sharply. Tuna processors are strengthening to import raw material to have further processing before exporting the processed products out of Vietnam under sales contract in order to meet global demand for these two items, particularly frozen marine finfish.
Confronting with difficulties in capital and importing markets, many enterprises have to suspend operating. Till the end of June 2012, the number of seafood exporters decreased by 30 percent from that of the same period last year. Many enterprises have to merge with others, some have to stop operating which is a selection and elimination process to restructure of seafood enterprises aiming to develop sustainably. This trend will be continued in the following quarters.
Seafood exports in the second quarter this year achieved US$1.57 billion and fetch US$2.89 billion in the first half of 2012. Whether can seafood shipment in the third quarter rise in the wake of difficulties in capital and importing markets? With the facts that the government’s programme of VND9,000 billion loan with preferential interest rates will contribute to recovering pangasius sector and competent authorities actively support fisheries industry in searching and expanding markets, shrimp and pangasius exports in the third quarter will be expected to recover and bring total seafood exports in the quarter to over US$1.8 billion and reach the target of US$6.5 billion for the whole 2012.
“Report on Vietnam seafood exports, Q.II/2012” published in August 20th 2012 will provide seafood enterprises and readers with detail information on analysis and evaluation on seafood production and exports in the quarter and forecasts for the next quarter. We are looking forward to receiving feedback from enterprises and readers.
(seafood.vasep.com.vn) The year 2025 marks the 30th anniversary of the normalization of diplomatic relations between Vietnam and the United States (1995–2025). In parallel with the nation's progress in international economic integration, bilateral seafood trade has followed a remarkably impressive growth trajectory, expanding from an initial scale of just tens of millions of US dollars to nearly $2 billion annually. This growth has positioned the United States as Vietnam’s largest seafood export market for many consecutive years.
(seafood.vasep.com.vn) On December 12, 2025, the Vietnam Association of Seafood Processing and Export (VASEP) issued document 231/CV-VASEP regarding strengthening measures to combat IUU fishing and working with the Government to lift the EC's IUU yellow card warning.
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
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