Seafood export turnover had reached US$2.9 billion as of end-June, up 10.6% year-on-year. This means the country has to export some US$3.9 billion worth of seafood products from now to the year’s end to achieve the new target of US$6.8 billion.
However, seafood exporters deemed such a target unobtainable by the year’s end due to multiple difficulties at present, especially capital shortage and shrinking markets.
Duong Ngoc Minh, vice chairman of the Vietnam Association of Seafood Exporters and Producers (VASEP), said shipping charges in 2012 had increased 70% from 2011, while the costs of labor, power and environment had picked up 40%. The euro has depreciated by 25%, while Vietnam dong remains stable, putting exporters under capital pressure, said Minh at the review conference on tra fish production and consumption in the year’s first half held in Dong Thap in late June.
Meanwhile, VASEP general secretary Truong Dinh Hoe said tra fish export to the European Union (EU) had dropped 12%. VASEP ascribed such a decline to the eurozone public debt crisis and tariff pressure.
The decline in exports to EU can be covered by higher export volumes to the U.S. and Hong Kong. However, seafood firms said the problems in the local market were more worrying.
Minh of VASEP said: “The seafood industry is approaching “death”, a “death” at home. We have a great advantage in consumption market but the operation mechanism of banks, from lending rates to credit limits, has choked off capital circulation of enterprises. As such, enterprises and farmers are forced to sell their products at any price to repay debts.”
Without solution to remove the difficulties for the seafood sector, more traders would dump their products and more farmers would lack capital for reinvestment, making it hard to achieve the export target of this year, stated Minh.
According to the agriculture department of Tra Vinh, the shrimp cultivation area of the province is facing more severe diseases. As of mid-May, over 8,000 hectares of shrimp farming had been killed, equivalent to 15,000 tons of materials, bringing a loss of VND800-900 billion, said Nguyen Van Phong, vice chairman of Tra Vinh’s government.
Incomplete statistics show that diseases have caused damage worth some VND5 trillion in shrimp farming provinces, with tens of thousands of hectares of shrimp having died of diseases. Tra Vinh, Bac Lieu and Soc Trang are the provinces that suffer the most.
(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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