Vietnamese shrimp packagers and exporters are dedicated to adhering to both national and international standards regarding food safety, hygiene, environmental protection, and labor rights. This commitment is evidenced by the increasing number of factories holding EU codes, nearly 100% of processing facilities operating under HACCP standards, and many achieving prestigious certifications such as ASC, Global GAP, and BAP.
To maintain the integrity of our production processes, Vietnamese regulatory agencies conduct dozens of inspections and audits each year on production conditions. In addition, third-party certification bodies perform yearly audits at our facilities, alongside inspections from retailers and partners of Vietnamese exporters. These rigorous measures demonstrate our unwavering dedication to upholding the highest standards in shrimp production.
We wish to address concerns raised by a recent online report from Sustainability Incubator, published on September 12. This report contains inaccuracies that may lead to misunderstandings about the Vietnamese shrimp industry. For instance, it features images of shrimp drying practices that pertain to small-scale local consumption rather than the regulated production processes for export. Additionally, the portrayal of fish meal production in Ba Ria Vung Tau does not accurately reflect our shrimp feed practices, as our shrimp feed does not include such fish meal as an ingredient.
The report's claim that the price of Vietnamese shrimp has plummeted from $11 to $5 per kilogram is misleading. It lacks clarity on the specific type of shrimp referenced, whether whole, headless, or peeled. Pricing should be assessed based on specific sizes and product types, as a direct comparison between premium and lower-grade shrimp is not valid. While shrimp prices have experienced fluctuations globally due to factors such as COVID-19, inflation, and geopolitical conflicts, current averages for Vietnamese shrimp remain around $10 per kilogram, positioning us among the highest in the global market. Our industry has successfully managed price reductions through the efforts of businesses, particularly larger companies, in improving processing standards.
The Vietnamese shrimp value chain continuously strives to obtain BAP, ASC, GLOBAL G.A.P, and Bio EU certifications. Achieving these standards requires compliance with all Vietnamese regulations, with certification bodies conducting unscheduled evaluations throughout the year. This means that our shrimp businesses must consistently adhere to high standards to maintain these certifications. The report raises questions about the validity of these certifications, as well as social security assessments conducted by leading organizations in the field.
We believe this report lacks scientific basis, authenticity, and objectivity due to methodological errors and the manner in which surveys and interviews were conducted, leading to distorted conclusions about the Vietnamese shrimp industry. Notably, the research team interviewed only 151 individuals, of whom just 42 were from shrimp production facilities. This small sample size is insufficient to represent the over one million workers in the industry. Furthermore, the lack of transparency regarding the questionnaire content and the timing and location of interviews undermines the report's reliability.
VASEP strongly disputes the inaccuracies and assessments presented in this report regarding Vietnam's shrimp industry.
We are committed to transparency and integrity in our industry and invite stakeholders and consumers to engage with us directly to gain a comprehensive understanding of Vietnam's shrimp production practices and the stringent measures we have in place to ensure sustainability and quality.
About VASEP
VASEP represents Vietnam's seafood processing and exporting industry, comprising 320 business members that account for 84-85% of the country's total seafood export turnover. The shrimp sector alone generates an annual export value of $3.5 to $4 billion, with high-quality, diverse products reaching over 100 markets worldwide. VASEP is dedicated to promoting sustainable development, ensuring product quality, and enhancing the global competitiveness of Vietnamese seafood.
For more information, please contact:
Ms. Le Hang
Communication Director
Vietnam Association of Seafood Exporters and Producers (VASEP)
Email: lehang@vasep.com.vn
(seafood.vasep.com.vn) Nearly US$1.7 billion is the projected gap in 2029 between the baseline scenario and a scenario in which Vietnam’s seafood exports grow by 10% annually, according to calculations by VASEP to be presented at Vietnam Seafood Summit 2026. This gap raises a key question for the entire industry: Which markets, products and supply chain improvements will generate the additional growth?
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn