<div style="text-align: justify; line-height: 15pt; margin: 6pt 0cm 0pt"><span style="color: rgb(0, 0, 0); "><span style="font-size: 10pt; ">The NFA reported also that despite an increase in fisheries export the total PNG tuna export (for all gear types) fluctuated between 65,000 and 74,000 M/T annually from 2006 - 2010.</span></span></div> <div style="text-align: justify; line-height: 15pt; margin: 6pt 0cm 0pt"><span style="color: rgb(0, 0, 0); "><span style="font-size: 10pt; ">The report stated that frozen tuna topped the 2010 fisheries export list followed by canned tuna, cooked loins, chilled tuna and fish meal. </span></span></div> <div style="text-align: justify; line-height: 15pt; margin: 6pt 0cm 0pt"><span style="color: rgb(0, 0, 0); "><span style="font-size: 10pt; ">The frozen tuna, the majority of which is whole round frozen tuna, is the largest export category. It accounted for around 50 percent of total exports in 2010 (32,000 M/T) and most of these were destined for processing in plants elsewhere, notably Thailand and the Philippines.</span></span></div> <div style="text-align: justify; line-height: 15pt; margin: 6pt 0cm 0pt"><span style="color: rgb(0, 0, 0); "><span style="font-size: 10pt; ">NFA managing director Sylvester Pokajam said canned tuna and cooked loins (HS 1604 products) have collectively accounted for around 30-43 percent of total exports and over the past five years, cooked loin exports have consistently ranged between 10,000-12,000 M/T and canned tuna exports have ranged between 12,000-17,000 M/T, with no firm trends.</span></span></div> <div style="text-align: justify; line-height: 15pt; margin: 6pt 0cm 0pt"><span style="color: rgb(0, 0, 0); "><span style="font-size: 10pt; ">Mr. Pokajam said the European Union and United States are PNG’s largest export markets for canned tuna and cooked loins (HS 1604), together are these 2 markets accounting for 80 percent of the exports of these tuna products.</span></span></div> <div style="text-align: justify; line-height: 15pt; margin: 6pt 0cm 0pt"><span style="color: rgb(0, 0, 0); "><span style="font-size: 10pt; ">The exports numbers given by the NFA do not include fish transhipped in PNG ports by large chartered and foreign vessels with the former amounting to around 50,000 M/T in most recent years.</span></span><span style="color: #333333; font-size: 10pt"> </span></div>
(seafood.vasep.com.vn) The year 2025 marks the 30th anniversary of the normalization of diplomatic relations between Vietnam and the United States (1995–2025). In parallel with the nation's progress in international economic integration, bilateral seafood trade has followed a remarkably impressive growth trajectory, expanding from an initial scale of just tens of millions of US dollars to nearly $2 billion annually. This growth has positioned the United States as Vietnam’s largest seafood export market for many consecutive years.
(seafood.vasep.com.vn) On December 12, 2025, the Vietnam Association of Seafood Processing and Export (VASEP) issued document 231/CV-VASEP regarding strengthening measures to combat IUU fishing and working with the Government to lift the EC's IUU yellow card warning.
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
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