Earlier this year, the demand for imports was slow, and the epidemic of Covid-19 just started to impact on the export of pangasius to this market. However, the magnitude of the exacerbations in most other markets became evident from the second quarter of 2020. In the 3 months of the second quarter, the export value to the four largest markets in the EU decreased for two consecutive digits. Trade activities were stalled because many countries were the center of the epidemic, including two major countries: Italy and Spain. Although the demand for food hoarding in many European countries has increased, the retail system and online sales have been better, import and export activities have been delayed due to the interruption of shipping systems and commercial transactions also suspended.
Those are the immediate expectations after the EU countries' trade and seafood business stabilize again. Also at this time, the export of Vietnamese pangasius to the EU is still decreasing, especially after the UK has left the EU. Before that, the UK was one of the potential pangasius export markets of Vietnam in Europe.
Currently, there are more than 30 companies exporting pangasius to the EU market, of which 20 companies exporting pangasius to the main market in the region, the Netherlands. NTSF SEAFOODS, Vinh VINH HOAN CORP, and VINH QUANG are the three companies with the largest pangasius export value to the Netherlands in the first 8 months of 2020.
During this time, Vietnam exported outstanding pangasius products such as Frozen breaded pangasius; frozen pangasius fillets, frozen pangasius slice cut/pieces, frozen marinated pangasius ... to the EU market.
|
Tax rate on pangasius products imported into the EU under EVFTA |
|||
|
HS code |
Description |
Basic tax |
Roadmap to reduce to 0% |
|
0302 72 00 |
-- Catfish (Pangasius spp., Silurus spp., Clarias spp., Ictalurus spp.) |
8 |
B3 |
|
0303 24 00 |
-- Catfish (Pangasius spp., Silurus spp., Clarias spp., Ictalurus spp.) |
8 |
B3 |
|
0304 62 00 |
-- Catfish (Pangasius spp., Silurus spp., Clarias spp., Ictalurus spp.) |
5.5 |
B3 |
|
1604 20 90 |
--- Of other fish |
14 |
B3 |
(seafood.vasep.com.vn) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.
(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.
(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.
(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.
(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.
(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.
(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%.
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