The export value of seafood in the first 2 months of 2022 reached 1.5 billion USD, up 51%; pangasius particularly registers a strong growth rate of over 83% while that of shrimp is over 34%... The Vietnam Association of Seafood Exporters and Producers (VASEP) also claimed that seafood production and processing has almost recovered to normal as before the pandemic.
Market demand is extremely high, and businesses are inundated with orders. Because of the increase in domestic price of raw materials, farmers, fishermen, and businesses are actively producing and anticipating a prosperous year.
Hung Ca Co., Ltd. claimed that it had four frozen seafood processing plants with a processing capacity of 600 to 1,200 tons of raw fish per day to quickly recover production and sales after the COVID-19 pandemic. The firm now has a raft of orders and is making efforts to delivery on schedule.
From the first month of the year, shrimp exports rose by 43% on the corresponding period in 2021. Among exported shrimp products, the export value of processed black tiger shrimp experienced the most significant surge with 157%. The three largest shrimp import markets of Vietnam, including the US, Japan and the EU, all recorded optimistic growths.
As for Vietnam's largest shrimp import market which is the US, the good growth in this market has allowed Vietnam to maintain its 4th rank among the main shrimp suppliers for the US.
According to VASEP, despite the substantial increase in inflation in the US, shrimp demand is anticipated to surge this year as a result of US's economic stabilization policies. Not only shrimp, the US also promotes import of aquatic products from Vietnam such as: pangasius, especially tuna which increased more than 3 times.
Intensive shrimp farming area in Vietnam currently covers over 740,000 ha; with annual yield of over 900,000 tons/year. In particular, Vietnam's black tiger shrimp output surpassed 250,000 tons, ranking first in the world. Although shrimp area expanded by jusst about 1.5% per year, shrimp production increased sharply by 10%/year.
This factor proves the ongoing progress of the farming process, with a substantially larger output than previously. The prosperous market and sufficient production capacity will help Vietnamese shrimp products continue to affirm their position in other countries.
After 3 years of low prices, the price of raw pangasius has now reached from VND 27,000 - 30,000/kg. Currently, pangasius enterprises in the Mekong Delta are unable to meet orders delivery time.
Along with that, pangasius production in the chain has exceeded 87% and 100% of the farming area has been granted a code to aid in traceabikity, which will be an advantage for pangasius to quickly reach $ 2 billion this year.
According to Ms. To Thi Tuong Lan, Deputy General Secretary of VASEP, the major import markets of Vietnamese pangasius are seeing strong growth and high pricing. Pangasius exports in 2022 are forecasted to increase by 20-25% as compared to 2021.
Not only shrimp or pangasius, many other kinds of seafood including squid, octopus, crab, crab .... all recorded double-digit growth.
According to Mr. Ho Quoc Luc, Chairman of the Board of Directors of Sao Ta Food Joint Stock Company (Fimex VN), the market in 2022 will be largely determined by the COVID-19 pandemic situation.
Compiled by Khanh Linh
(seafood.vasep.com.vn) On the afternoon of March 19, Vice Chairman of the Ca Mau Provincial People’s Committee, Le Van Su, chaired a meeting to address bottlenecks and propose solutions to expand the super-intensive whiteleg shrimp farming model using low water exchange and high biosecurity standards (RAS-IMTA).
(seafood.vasep.com.vn) On March 10, 2026, the Ho Chi Minh City People’s Committee issued Decision No. 1377/QD-UBND approving the Aquatic Animal Disease Prevention and Control Plan for the 2026–2030 period. The decision takes effect from the date of signing and replaces previous plans for the 2021–2030 period that had been issued prior to the administrative merger in Ba Ria – Vung Tau, Binh Duong, and Ho Chi Minh City.
(vasep.com.vn) In 2025, Chile imported more than USD 156 million worth of tuna, up 8.1% compared to the previous year and the highest level in the past five years. As the supply structure in this market is rapidly shifting, Vietnamese tuna is facing both opportunities to expand market share and increasing competitive pressure from Thailand, Colombia, and China.
(seafood.vasep.com.vn) Vinh Long Province is stepping up efforts to develop brackish water shrimp farming in a sustainable direction, identifying it as a key sector in its agricultural structure. In 2026, the province aims to reach around 71,300 hectares of shrimp farming, with an output of over 314,000 tons.
(seafood.vasep.com.vn) Ha Tinh Province is strengthening control over shrimp seed quality to minimize risks for the 2026 spring–summer farming season.
(seafood.vasep.com.vn) In February 2026, Vietnam’s pangasius exports reached USD 119 million, down slightly 5% year-on-year. However, thanks to strong performance in January, cumulative exports in the first two months of the year still reached USD 331 million, up 28% compared to the same period in 2025. Export activity slowed somewhat in February due to seasonal factors, particularly the Lunar New Year holiday, which disrupted production and shipments at many seafood processing enterprises.
(seafood.vasep.com.vn) Da Nang is accelerating the development of high-tech shrimp farming toward intensive production, disease control, and improved efficiency. Many shrimp farms have invested in automated environmental monitoring systems, continuously tracking indicators such as pH, dissolved oxygen, temperature, and salinity, enabling farmers to promptly adjust pond conditions and reduce disease risks.
(seafood.vasep.com.vn) The year 2025 is considered a turning point for Vietnam’s shrimp seed industry as the sector faces the need for strong transformation in technology, production management, and gradual self-sufficiency in broodstock supply. These factors are seen as key to improving seed quality and strengthening the competitiveness of the shrimp industry amid increasingly demanding market requirements.
(seafood.vasep.com.vn) In February 2026, Vietnam’s shrimp exports reached nearly USD 310 million, up 17% year-on-year. Cumulatively for the first two months of the year, shrimp export value totaled USD 690 million, an increase of 20% compared with the same period last year. Compared with the 22% growth recorded in January, the pace of increase in February slowed somewhat, reflecting seasonal factors as the Lunar New Year holiday partially disrupted processing and shipment activities. Nevertheless, the nearly 20% growth in the first two months indicates that shrimp orders from Vietnam are maintaining a more positive trend than in the same period last year.
(seafood.vasep.com.vn) According to the latest statistics for January 2026, Vietnam’s pangasius export value to major market blocs recorded encouraging growth compared with the same period last year, indicating that consumption demand is gradually recovering.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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