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) 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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