Opportunities for Vietnam seafood in comming time

News 09:03 08/09/2023
(seafood.vasep.com.vn) Due to the wastewater release, Chinese people are hesitant to consume even domestically caught seafood in some waters near Japan. Therefore, the import demand of seafood in China will increase, including Vietnam.

Opportunity to increase seafood exports

On August 24, the General Administration of Customs of China issued a ban with immediate effect on all seafood products imported from Japan, in order to prevent risks from "Japan discharges nuclear-contaminated wastewater" into the Pacific Ocean. Currently, China is Japan's largest seafood consumption market.

Since July, China has banned the import of food, especially seafood, from 10/47 provinces of Japan, including Fukushima, and strictly inspected documents related to food imported from the remaining prefectures. China has also publicly criticized the plan to release wastewater from the Fukushima Daiichi nuclear plant, Japan.

According to data from the General Administration of Customs of China, in the first 7 months of the year, China spent 320 million USD to import seafood from Japan, up 9% over the same period last year. Although Vietnam's market share in China is larger than Japan's (4.1% vs. 3.6%), it has declined from 10% last year, whereas Japan's share has risen from 1.5% to 3.6% this year.

The commodity that China imports the most from Japan is bivalve molluscs (eg clams, oysters) with an important turnover of 152 million USD, occupying about 50% of the total import turnover

China's ban on seafood imports has raised the question of whether Vietnam's seafood exports will benefit?

Mr. Truong Dinh Hoe, General Secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP) said that China's ban on Japanese seafood imports would have psychological effects. There is no scientific basis to confirm that wastewater release from Japan's nuclear power plants, even though it has been treated, is still harmful to human health.

"However, Chinese people's psychology may be hesitant to consume even domestically caught seafood in some waters near Japan. Therefore, China's demand for imported seafood will decrease from countries including Vietnam," said Mr. Hoe.

 

Not only in China, Mr. Hoe said that Korean people are also afraid to consume domestically caught seafood because some areas are close to the waste discharge area of Japan.

According to Ms. Nguyen Thi Thu Sac, Chairwomen of VASEP,  said this move from Japan makes customers from China and Korea reduce imports from this country. This means they will have to increase imports from other sources, which is obviously a market principle. China is a densely populated country, so when they have a shortage of seafood supply from a certain country, they are forced to switch to other sources such as Vietnam, Thailand, Indonesia ... ".

However, not all seafood products of Vietnam will benefit and shrimp products are an example. According to Mr. Ho Quoc Luc, Chairman of the Board of Directors of Sao Ta Food Joint Stock Company (Code: FMC), Japan does not export shrimp to China. Japan itself also has to import shrimp, especially highly processed, high value-added shrimp products from Vietnam and Thailand.

According to data from VASEP, in the first 7 months of this year, Vietnam's seafood export turnover reached 2 billion USD, down 15% over the same period last year. In which, China ranked 4th in seafood import markets of Vietnam with a turnover of 183 million USD, down 7% over the same period last year.

Compiled by Thuy Linh 

Bạn đang đọc bài viết Opportunities for Vietnam seafood in comming time tại chuyên mục News của Hiệp hội VASEP
china japan seafood exports

TIN MỚI CẬP NHẬT

Vietnam’s tuna exports return to growth but headwinds remain

 |  10:12 25/09/2026

(vasep.com.vn) Vietnam’s tuna exports sustained their upward trajectory in August 2026, though the pace remained modest at just 2%. The month saw divergent trends across key markets: the US maintained its leading position, Japan and Canada improved, Russia surged and the EU continued to experience a steep downturn. These developments suggest that exporters are entering the final months of the year amid a market environment marked by greater uncertainty.

Vietnam’s shrimp exports maintain growth in first 8 months of 2026 as competition shifts toward efficiency and value

 |  16:47 23/09/2026

(vasep.com.vn) Vietnam’s shrimp exports reached $3.3 billion in the first eight months of 2026, up 12% year on year. However, growth momentum is moderating and market divergece is becoming more pronounced, while the US and EU continue to present significant challenges. The latest insights from the Global shrimp forum 2026 (GSF 2026), held in early September, also indicate that the final months of the year will remain highly competitive as global supply continues to expand and buyers place greater emphasis on quality, product specifications, supply consistency and the ability to meet market-specific demand.

Vietnam’s pangasius exports maintain growth in first eight months, led by China and Brazil

 |  10:28 22/09/2026

(vasep.com.vn) Vietnam’s pangasius exports continued to grow in August 2026, bringing total export value in the first eight months of the year to US$1.5 billion, up 10% year-on-year. August exports alone reached US$205 million, up 6%. However, market performance has become increasingly divergent, with China and Brazil posting positive growth while the U.S. continued to record a sharp decline.

Vietnam’s seafood exports face significant pressure from the U.S. market in Q4

 |  08:49 20/09/2026

(vasep.com.vn) Vietnam’s seafood exports reached US$1.14 billion in August 2026, up 6.4% year on year, bringing the total for the first eight months to more than US$8.0 billion, an increase of 11.9%. Monthly export value remained above US$1 billion, but August growth was only around half the rate recorded cumulatively through the first eight months. This indicates that the eight-month result was supported significantly by stronger performance in earlier months, while market conditions are entering a less predictable period.

Kyokuyo Steps Up Pangasius Promotion, Creating New Opportunities for Vietnamese Seafood in Japan

 |  09:18 18/09/2026

(seafood.vasep.com.vn) Pangasius is attracting growing interest from Japanese seafood companies as prices of many traditional whitefish species remain high and supply becomes increasingly volatile. Notably, seafood group Kyokuyo has recently continued to feature pangasius among its priority products, highlighting its competitive pricing and stable supply.

Brackish-water tilapia: Vietnam’s emerging aquaculture frontier

 |  15:27 16/09/2026

(seafood.vasep.com.vn) As Vietnam’s tilapia industry searches for new growth opportunities, venturing into brackish-water aquaculture could unlock a formidable competitive moat. Bypassing the volume-and-price bloodbath against established global heavyweights, Vietnam could differentiate itself through high-quality tilapia products tailored to specific farming conditions and value-added market segments.

Vietnam’s pangasius exports to the U.S: tariffs, rotectionism and faltering demand choke 2026 exports

 |  15:26 15/09/2026

(seafood.vasep.com.vn) 2026 is rapidly shaping up to be a formidable stress test for Vietnamese pangasius exports to the United States. While exports to alternative markets maintain a resilient growth trajectory, the U.S market has declined significantly. In the first eight months of the year, pangasius exports to the U.S fell by nearly 14% year-on-year, with August alone recording a decline of more than 50%. The trend shows that difficulties in the U.S. market are not driven solely by weak consumer demand, but also by multiple layers of trade barriers that are intensifying simultaneously, particularly additional import tariffs, anti-dumping duties and growing protectionism for the domestic catfish industry.

Vietnam pangasius expands opportunities in Japan: Growth accompanied by the need for consistent quality

 |  08:45 11/09/2026

(vasep.com.vn) Vietnam’s pangasius exports to Japan are showing positive signals in 2026, indicating that the market is opening up greater opportunities for pangasius products, particularly processed and value-added products. In the first seven months of 2026, Vietnam’s pangasius exports to Japan reached US$31 million, up 20% year-on-year. In July alone, export value reached approximately US$5 million, up 30%.

Decree No. 292/2026/ND-CP: Elaborating certain articles and providing measures for the organization and guidance of implementation of the law on foreign trade management

 |  17:01 07/09/2026

On July 22, 2026, the Government issued Decree No. 292/2026/ND-CP detailing certain articles and providing measures for the organization and implementation of the Law on Foreign Trade Management. The Decree takes effect on September 5, 2026, replacing Decree No. 69/2018/ND-CP.

Vinh Hoan’s Cured Panga Croquette Wins Top Prize at Seafood Excellence Asia 2026

 |  16:11 04/09/2026

(vasep.com.vn) Vietnamese pangasius producer Vinh Hoan has won the top prize at the 2026 Seafood Excellence Asia Awards for its Cured Panga Croquette, highlighting the growing potential of value-added pangasius products in international markets.

VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM

Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC