According to data from Vietnam Customs, the value of tuna exports to Russia reached nearly USD 45 million in 2024—five times higher than in 2020—marking the highest level in the past decade. In just the first three months of 2025, tuna exports to Russia exceeded USD 10 million, up 15% compared to the same period in 2024.
Trade officials highlight that the current Vietnam–Russia relationship presents favorable conditions for economic and trade cooperation. The two economies are highly complementary: Vietnam imports Russian products for production and consumption, while Russia imports tropical agricultural products, seafood, and food from Vietnam.
Russia is also one of the top 30 tuna-importing countries globally. Its tuna imports have doubled over the past five years, reaching nearly USD 90 million in 2023, reflecting a steady increase in demand.
Many of the recent challenges in bilateral trade—such as transportation, payments, and travel for businesspeople—are being actively addressed. Vietnamese goods can be shipped directly to Russia via the Vladivostok–Hai Phong or Ho Chi Minh City sea routes, taking approximately 8–11 days. Alternatively, international rail transport through China and Kazakhstan to Moscow takes about 35–40 days.
For payments, businesses from both countries can conveniently use the Russian ruble and Vietnamese dong for bilateral trade. Additionally, Russia’s issuance of electronic visas allowing Vietnamese citizens a 15-day stay facilitates travel for trade purposes.
Vietnam and the Eurasian Economic Union (EAEU), of which Russia is a member, signed a Free Trade Agreement (FTA) in 2015, which took effect in October 2016. As a result, most traded goods between Vietnam and Russia enjoy zero or very low import tariffs. Vietnamese and Russian businesses are encouraged to take full advantage of this agreement to boost bilateral trade and investment.
To ensure stable and sustainable exports to Russia and avoid quality-related disputes, trade officials advise Vietnamese companies to thoroughly research and comply with Russian regulations regarding product quality, packaging, and labeling.
With a steadily growing demand for tuna and improving trade facilitation, Russia presents a valuable opportunity for Vietnamese tuna exporters to expand their market footprint.
(seafood.vasep.com.vn) Speaking at the Opening Ceremony of VIETFISH 2026 on August 19 at the Saigon Exhibition and Convention Center (SECC), U.S. Consul General Melissa Brown highlighted the important role of the exhibition in connecting Vietnam’s growing seafood industry with buyers, suppliers, and partners from the United States and around the world.
(vasep.com.vn) Tomorrow, August 19, 2026, the Vietnam International Seafood Exhibition – Vietfish 2026 will officially open at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Taking place over three days, from August 19–21, Vietfish 2026 promises to provide a dynamic platform for business networking, trend updates, product experiences and comprehensive cooperation across the domestic and international seafood community.
(vasep.com.vn) The global tilapia market continues to grow, creating significant opportunities for countries with strengths in aquaculture, processing, and exports. Against this backdrop, Vietnam’s tilapia industry is gradually developing toward higher quality, greater product diversification, and broader market reach. At Vietfish 2026, the Vietnam Association of Seafood Exporters and Producers (VASEP), together with the VASEP Tilapia Producers and Exporters Club, will host a joint booth to promote the image and potential of Vietnamese tilapia to domestic and international buyers.
(seafood.vasep.com.vn) Vietnam’s seafood exports are heading towards $12 billion this year, potentially the highest level on record. Yet one of the country’s export strengths is facing a growing list of challenges.
(seafood.vasep.com.vn) The first six months of 2026 indicate that Vietnam’s tilapia industry is entering a new phase of development, with strong export growth but also greater demands for production scale, quality and international competitiveness.
(seafood.vasep.com.vn) Vietfish 2026, the Vietnam International Seafood Exhibition, will officially take place from 19–21 August 2026 in Ho Chi Minh City. As Vietnam’s largest annual seafood trade event, organized by the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietfish 2026 will once again bring together leading seafood companies, industry experts, and international partners from across the global seafood value chain.
(seafood.vasep.com.vn) Vietnam’s seafood exports reached USD 1.1 billion in July 2026, up 4.8% compared to the same period in 2025. Cumulative exports in the first seven months of the year totaled nearly USD 6.86 billion, an increase of 11.5% year-on-year. Exceeding the USD 1 billion mark in July further reinforces the prospect that Vietnam’s seafood exports could surpass USD 12 billion in 2026. However, the July figures also send a clear signal that the most favorable growth period may have passed: overall export growth slowed to just 4.8%, pangasius exports fell 6.1%, tuna exports were virtually flat, while exports to the EU, South Korea, and the Middle East all recorded double-digit declines.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the seminar "Global Seafood Market and the Future Workforce: Trends, Opportunities, and Sustainable Development Pathways for Vietnam's Seafood Industry" will take place from 2:00 p.m. to 4:15 p.m. on August 19, 2026, at Convention Room B, Level 2, SECC, Ho Chi Minh City. This is the first of five specialized seminars at Vietfish 2026, focusing on key issues that are shaping the long-term development of Vietnam's seafood industry.
(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.
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