Vietnamese businesses will find it easier to export agricultural products to the Russian market as the average import taxes on these products will drop to 10.8 percent from the current 13.2 percent.
Deputy Minister of Industry and Trade (MoIT) Hoang Quoc Vuong says the traditional Russian market, with its large consumer base, has great potential for Vietnamese businesses to make a profit. Russia is not a demanding market for staples imported from Vietnam such as garments and textiles, footwear, farm products and seafood. tea, coffee, fruit, vegetables, rice and other agricultural products.
The Vietnamese MoIT says the unstable farming caused by less government subsidies and fuel price hikes has left its agricultural sector in the lurch to meet domestic consumer demands because Russia depends heavily on imports.
Russia is considered an open and important market among the 150 nations and territories which import farm products from Vietnam. Its main imports items in the first half of this year were seafood, rubber, coffee and cashew nuts.
Russia’s agricultural sector offers a wealth of opportunities for foreign exporters and investors because it has a high demand for milk cows, livestock, seeds and agricultural services.
However, the country’s strict legal regulations on certifying the origins of animals and plants pose huge challenges for exporters.
Complicated payment mechanisms, a lack of market information and tariff and non-tariff barriers, in addition to convoluted legal formalities, have prevented some Vietnamese goods from entering the Russian market.
The bottom line is that a legal corridor should be created to facilitate the exchange of goods between the two countries, particularly agricultural and aquatic products.
To boost the export of farm products to Russia, it is essential to diversify processed products, ensure food hygiene and safety, offer reasonable prices and enhance the exchange of information between State management agencies, Vietnamese exporters and Russian importers.
Deputy Foreign Minister Bui Thanh Son emphasizes the need to introduce new Vietnamese products to the Russian market and focus heavily on trade promotion in order to compete with similar products from other countries.
Vietnamese businesses need to pay more attention to promoting trade through fairs, exhibitions and representative offices in Russia and creating import-export links.
The Vietnamese Ministry of Agriculture and Rural Development (MARD) and its Russian counterpart should work towards signing a Vietnam-Russia Free Trade Agreement (FTA) ahead of schedule, as well as a Vietnam-Russia-Kazakhstan-Belarus FTA later on to establish a legal foundation for Vietnam to boost exports to Russia and reduce its future import surplus.
Vietnamese businesses must also ensure the quality of their products from the production to processing and packaging chains to meet Russia’s strict consumer demand for a wide range of imported products.
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
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