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) 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%.
(seafood.vasep.com.vn) In 2025, the fisheries sector continued to stand out as a bright spot in Ca Mau’s economic landscape, maintaining positive growth in both output and value.
(seafood.vasep.com.vn) By the end of November 2025, Vietnam’s total pangasius export turnover had exceeded the $2 billion threshold, registering a 9% compared with the same period in 2024. In November alone, pangasius exports reached $195 million, also posting a 9% increase year-on-year, underscoring a stable recovery trajectory for the sector in the final months of the year.
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(seafood.vasep.com.vn) An Giang is focusing on expanding climate-adaptive marine aquaculture models, aiming for safe and sustainable production. This approach not only enhances economic efficiency but also helps fishermen stabilize their livelihoods amid weather fluctuations.
(seafood.vasep.com.vn) In the first 10 months of 2025, Vietnam’s pangasius export value to China (including Mainland China and Hong Kong) reached $483 million, up 1% compared to the same period in 2024. October alone posted $73 million, a strong 19% increase year-on-year. The Chinese market currently accounts for nearly 27% of Vietnam’s total pangasius export value.
(seafood.vasep.com.vn) According to data from Vietnam Customs, the country’s lobster exports posted another strong month in October 2025, reaching $93 million - a 75% increase from the same month in 2024. This performance extends the sector’s impressive growth streak from earlier in the year, pushing cumulative exports for the first 10 months to $712 million, up an extraordinary 135% year-over-year. Within the product mix, green lobster remained the dominant driver, accounting for 98% of total export value, with $700 million recorded in the first 10 months - a 141% jump year-on-year. In contrast, exports of spiny lobster and other lobster varieties declined slightly by 22% and 1%, respectively, indicating that market demand is becoming increasingly concentrated on the most sought-after product line.
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