More than 1,000 of suppliers from around the world joined the annual event, offering the newest seafood products as well as modern processing and packaging equipment.
The Vietnamese delegation, led by the Vietnam Association of Seafood Exporters and Producers (VASEP), includes several companies that have operated internationally for many years such as Vinh Hoan Corporation, Minh Phu Seafood Corporation, Hung Vuong Corporation and other brands such as Nghi Son Foods Group, Trang Thuy Seafood Co., Ltd and Seaprimexco Vietnam.
According to An The Dung, director of the Ministry of Industry and Trade’s Vietnam trade promotion office in the US, Vietnamese seafood has a great opportunity to break into the US, where demand for seafood products is growing.
Furthermore, anti-dumping taxes levied on Vietnamese shrimp are expected to decline from 25.39 percent to 4.58 percent while tra fish, which has long been popular among foreign consumers, will be soon certified to be shipped to this market.
VASEP Vice General Secretary To Thi Tuong Lan said the quality of Vietnamese seafood has received high rating in international markets and is present in 160 countries and territories worldwide. Vietnam is currently the largest tra fish supplier and fourth biggest shrimp exporter in the world.
Describing product diversification and quality improvement as keys to promote shipments to the US, Lan said “Vietnam has many opportunities to sell not only its two main products- shrimp and tra fish but also many other processed products with high added value”.
Meanwhile, Vietnamese Ambassador to the US Dang Dinh Quy said Vietnamese exports will thrive in 2019 on the back of increasing demands in the US market coupled with several new-generation free trade agreements that will take effect this year.
However, Vietnamese firms should work more to ensure environmental protection and product quality to meet requirements of the US market, he said, adding it is necessary for them to cooperate with US processing firms and importers to create a complete value chain, facilitating trade between the two sides.
The seafood sector has an ambitious target of earning 10 billion USD from exports this year, up 10 percent from 2018. However, the goal can be achieved thanks to robust signs in foreign markets. VASEP eyes to earn 4.2 billion USD from shrimp exports, 2.3 billion USD from tra fish exports, and some 3.5 billion USD from other seafood shipments.
In addition, seafood consumption is expected to rise to 98.6 million tonnes in developing countries and 29.2 million tonnes in developed countries.
VASEP said that it will work to increase Vietnamese seafood’s presence in fastidious markets like the US, Japan and the EU, and see quality as a competitive edge, not low price.
VNA
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
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