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) 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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