As the industry's leading enterprise, Vinh Hoan Corporation (VHC) holds a distinct competitive advantage, demonstrated by its robust growth in revenue, profitability, and high profit margins.
In 2024, Vietnam’s pangasius exports surpassed USD 2 billion, marking a 10% increase from the previous year and contributing 20% to the country’s total seafood export value. Projections indicate that pangasius exports will continue to grow by 5-10% in 2025, bolstered by its superior advantages over other whitefish competitors from Russia and China.
The U.S. remains Vietnam’s most critical export market for pangasius, with export value reaching USD 345 million in 2024, a 27% increase year-over-year. VHC stands to benefit significantly from higher tariffs imposed by the U.S. government on Chinese tilapia.
Notably, VHC became the only Vietnamese company to be exempted from U.S. tariffs following a bilateral agreement between Vietnam’s Ministry of Industry and Trade and the United States Trade Representative (USTR) in January 2025. This decision further strengthens VHC’s foothold in this key market.
A 26% increase in fishmeal and fish oil supply in 2024 has helped reduce feed costs, creating a significant advantage for companies with integrated farming operations like VHC. Simultaneously, rising fingerling prices due to limited supply have enabled exporters to adjust selling prices, boosting profitability.
VHC closed 2024 with a revenue of VND 12.535 trillion, reflecting a 25% growth, while post-tax profit reached VND 1.311 trillion, up 34% from the previous year.
The domestic market has also emerged as a key growth driver, surpassing the U.S. to become VHC’s largest market in December 2024.
According to Vietstock’s analysis, VHC’s fair stock value is estimated at VND 77,603 per share. With its strong market position and high profitability, VHC remains a highly promising investment in the pangasius sector.
(seafood.vasep.com.vn) On July 9, 2026, the Embassy of Vietnam in Brazil organized the seminar titled “Sharing Information on Vietnam-Brazil Economic, Trade and Investment Relations in the First Half of 2026” to provide updates on bilateral cooperation and strengthen connections among government agencies, industry associations, and business communities of the two countries.
(seafood.vasep.com.vn) Seafood exports in the first 6 months of the year continued to be a bright spot with a total turnover of 5.7 billion USD, an increase of 11.4% compared to the same period last year. By commodity group, seafood is one of the three groups with a trade balance in the first 6 months of 2026 in a surplus state with 4.13 billion USD, an increase of 17%.
(seafood.vasep.com.vn) For many years, Vietnam’s seafood industry has been recognized as one of the country’s key export pillars. Products such as shrimp, pangasius, tuna, squid, octopus, and a wide range of other seafood have reached hundreds of markets worldwide. Yet behind these impressive export figures lies a significant challenge: a substantial share of Vietnam’s seafood export value still comes from minimally processed products, contract manufacturing, and raw material exports—segments characterized by low profit margins and high vulnerability to fluctuations in global prices.
(seafood.vasep.com.vn) In the context of a global economy shifting powerfully toward green and sustainable values, Vietfish 2026 is far more than just a commercial trade fair. It has become a strategic rendezvous and a "comprehensive ecosystem"—a convergence of value, knowledge, and sustainable growth opportunities for the entire industry chain.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to Colombia continued their strong upward momentum in May 2026. Export value to the market reached USD 4 million, up 24% compared to the same month in 2025. Cumulative exports in the first five months of 2026 totaled USD 24 million, an impressive 48% increase year-on-year.
(seafood.vasep.com.vn) Hai Phong's aquaculture sector is accelerating the adoption of high technologies in aquaculture to adapt to climate change, with red tilapia and tilapia identified as the key cultured species for priority development.
(vasep.com.vn) Vietnam’s seafood exports reached nearly US$1.1 billion in June 2026, up 21.0% year-on-year. Cumulative exports in the first half of 2026 totaled nearly US$5.8 billion, representing a 12.8% increase compared with the same period last year. Exports to China and Hong Kong continued to accelerate, while shipments to the United States rebounded strongly in June. In contrast, exports to the EU, Japan, and the Middle East remained sluggish or recorded slight declines.
(vasep.com.vn) Tilapia is playing an increasingly important role in Vietnam’s aquaculture sector, driven not only by growing market opportunities but also by its ability to meet increasingly stringent requirements on quality, food safety, and traceability. In practice, tilapia farming in Vietnam is not a spontaneous or loosely regulated activity; rather, it operates under a comprehensive legal and technical framework covering the entire value chain—from hatcheries and farming to processing and exports.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 1.9 billion in the first five months of 2026, up 12% compared with the same period last year. Amid continued volatility in the global seafood market, this result demonstrates that the shrimp sector has maintained positive growth momentum, supported by improving demand in several Asian markets, particularly China.
(seafood.vasep.com.vn) On June 16, the Department of Agriculture and Environment of Ca Mau Province announced that the locality has established a farming area code for nearly 30,400 hectares of mud crab aquaculture and granted export facility codes to five enterprises eligible to export mud crab officially to markets such as China, Cambodia, Singapore, and the United Arab Emirates (UAE).
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