Earlier this year, there were 5 Vietnamese enterprises participating in exporting pangasius to the Russian market. However, in January 2022, the export value of pangasius to this market reached US$2.18 million, down 29.8% over the same period in 2021.
In 2021, the Covid-19 epidemic had a positive impact, causing a sharp increase in the demand for importing Russian frozen pangasius fillets from Vietnam. In 2021, Vietnam was one of the three largest suppliers of white fish products to Russia (after Argentina and China). Vietnam is a unique market supplying frozen pangasius to Russia. Until now, Vietnamese pangasius enterprises still consider Russia as a market with great potential and great demand.
Since the beginning of this year, especially after Russia opened a special military campaign in Ukraine, the situation of exporting Vietnamese pangasius to this market is temporarily interrupted and facing many difficulties.
As reflected by some large pangasius exporters to Russia, after Western countries introduced a series of financial sanctions targeting Russian banks, the ruble fell by nearly 30%, to the lowest level. so far against the USD, with the milestone of nearly 95 Rubles for 1 USD on March 1. Due to the strong depreciation of the ruble, many importers do not want to pay for their orders. The payment situation through banks of enterprises is almost paralyzed, some importers have accounts in other countries but the payment is not easy.
Currently, enterprises have temporarily stopped signing pangasius export orders to Russia, although many importers still want to continue cooperation without interruption.
Shipping lines have also announced not to accept shipping containers to Russia because of the very high risk that shipments may be detained at the Port of Rotterdam before reaching two major Russian seaports, Saint Petersburg and Vladivostok.
Moreover, currently, the price of raw pangasius in the Mekong Delta has increased to 32,000 VND/kg due to scarcity. Enterprises cannot buy raw materials due to the sharp increase in prices. Many other large markets are also in great demand to import pangasius, but factories do not have enough raw materials for processing, not to mention enough finished fish to be exported to Russia in the current context of war tensions.
(seafood.vasep.com.vn) In recent years, Ninh Binh Province has intensified the application of science and technology in aquaculture in order to improve productivity, product quality, and economic efficiency.
(seafood.vasep.com.vn) In the first four months of 2026, Vietnam’s tilapia exports reached USD 49 million, up 151% compared to the same period in 2025. This figure reflects an emerging export sector that is taking advantage of market gaps created by global trade disruptions, while larger producers are adjusting their strategies.
On the afternoon of May 28, the People’s Committee of Ho Thi Ky Commune signed a memorandum of understanding with Minh Phu Certified Shrimp Social Co., Ltd. (a member of Minh Phu Seafood Corporation) on cooperation to develop a black tiger shrimp farming area meeting international certification standards during the 2026–2030 period in the commune.
(seafood.vasep.com.vn) The “Moringa Noodles Salad” product by Sa Giang Import-Export Corporation was honored as one of the “Top 10 Winning Products” at the THAIFEX – Anuga taste Innovation Show 2026, held as part of THAIFEX – Anuga Asia 2026 in Bangkok.
(seafood.vasep.com.vn) After a fairly strong upward trend in 2025, Vietnam’s clam exports entered 2026 with a mixed picture: strong growth at the beginning of the year, followed by a slowdown from March onward. According to Vietnam Customs data, Vietnam’s clam export turnover in the first four months of 2026 reached more than USD 38 million, up 2% compared to the same period in 2025.
(seafood.vasep.com.vn) Vietnam’s pangasius industry is facing new opportunities to expand its development space as many localities and businesses begin promoting marine farming models aimed at diversifying farming areas and adapting to climate change. However, for pangasius to truly “go offshore” and develop into a large-scale industry segment, significant challenges related to technology, broodstock, and markets still need to be addressed.
(seafood.vasep.com.vn) Vietnam’s tilapia exports in April 2026 reached USD 11 million, up 92% compared to the same period in 2025. This strong growth indicates that Vietnamese tilapia products are continuing to penetrate and expand rapidly in international markets. Cumulative export turnover in the first four months of 2026 reached USD 49 million, up 151% year-on-year.
(seafood.vasep.com) At VietShrimp Asia 2026, disease management trends in shrimp farming are shifting strongly from treatment-based approaches toward proactive prevention through environmental and pond ecosystem control.
(vasep.com.vn) After a period of strong growth, with export turnover reaching USD 38 million in Q1/2026 — up 174% year-on-year — the sector’s rapid expansion clearly reflects growing market opportunities.
(vasep.com.vn) In the first quarter of 2026, Vietnam’s pangasius exports to the ASEAN bloc reached USD 44 million, up 7% compared to the same period in 2025. After falling to the lowest level of the quarter at USD 9 million in February — reflecting the seasonal slowdown in orders after the festive period — exports recovered strongly to USD 18 million in March, the highest monthly value of the quarter. This development shows that import demand for pangasius in ASEAN remains relatively stable despite short-term fluctuations.
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