This shows enterprises have timely grasped and applied the incentives of the agreement, although initially implementing the confusion of procedures such as HS code declaration, declaration form of EUR1 certificate of origin, and other regulations ...
The most positive and obvious changes are shrimp and squid and octopus, of which shrimp went up by nearly 16% over the same period in 2019, up nearly 9% compared to July 2020; squid and octopus increased 10% over the same period in 2019 and nearly 24% compared to July 2020.
Pangasius exports recovered 4% compared to July but still decreased by nearly 24% compared to the same period in 2019. Tuna exports after increasing by 65% in July, exports in August decreased by 17% compared to the same period in 2019 and declined by 28% compared to July 2020. The export of other seafood products is similar to the trend of tuna: down 25% over the same period and down 14% compared to July 2020.
Exports to EU in the first 8 months of 2020
Total exports reached over US$ 600 million, down by over 13% over the same period in 2019. In which, shrimp still plunged by 2% over the same period in 2019, pangasius dipped by 34%, tuna, octopus, and other seafood declined by 9%, 37%, and 14% respectively.
Shrimp accounted for 52% of seafood exports to the EU, with the growth rate after EVFTA, is expected to account for a higher share in the coming months. Pangasius accounted for 15%, tuna accounted for 14% - These 2 products have no prospect of recovery in the last months of the year. Cephalopod represents 5%, and other seafood made up for 14%. It is forecasted that squid and octopus will increase by 10-15% in the last months of the year and the growth rate depends on raw materials exploited in the country.
The EVFTA Agreement took effect from 1 August 2020, 220 seafood products have a base tax rate of 0-22%, of which the high tax rate of 6-22% will be 0% from August 1. In particular, some processed products with a high basic tax rate (20%) will be immediately reduced to 0% such as oysters, scallops, squid, octopus, clams, oysters, processed abalone ...
For canned tuna and fish balls, the EU is destined for Vietnam the tariff quotas of 11,500 MT and 500 MT, respectively. Besides, most frozen squid and octopus products have a basic tax rate of 6-8%, will be reduced to 0%, other products such as surimi will be reduced from 14.2% to 0%, swordfish reduced from 7.5% to 0%.
Frozen black tiger shrimp and whiteleg shrimp products (HS code 03061792) are reduced from the current rate of 4.2% (GSP tax) to 0% from 1 August 2020. Other shrimp products according to the 3-5 year roadmap, for processed shrimp, the tax will be reduced from 7% (GSP) to 0% after 7 years.
For frozen pangasius, the tax reduction schedule is from 5.5% to 0% after 3 years, only for smoked fish has a road map of 7 years.
Frozen tuna products get tax reduction to 0% immediately, except for frozen tuna loin, which takes 7 years.
(seafood.vasep.com.vn) The United States remains one of the largest export markets for Vietnamese pangasius. In the first four months of 2026, pangasius exports to the US reached USD 106 million, up 4% compared to the same period in 2025. In April 2026 alone, export value totaled USD 38 million, marking a 20% year-on-year increase and the first positive growth recorded after an extended period of decline.
(seafood.vasep.com.vn) While Vietnam’s shrimp exports to many major markets continued to post positive growth in the first months of 2026, exports to the United States declined, highlighting growing competitive pressures and trade barriers facing the Vietnamese shrimp industry.
(seafood.vasep.com.vn) Egypt is emerging as one of the most promising destinations for Vietnamese tuna exports in 2026. During the first four months of the year, export turnover to this market exceeded USD 7.3 million, marking a sharp increase compared to the same period over the previous two years. As Egypt’s tuna imports continue to recover and demand for canned tuna remains strong, the market is becoming increasingly attractive for Vietnamese tuna processors and exporters.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s pangasius exports to CPTPP member countries reached nearly USD 128 million, accounting for 18% of the country’s total pangasius export value and increasing by 21% compared to the same period in 2025. Demand patterns varied significantly across the bloc: Mexico primarily imported fresh and frozen pangasius products, while Japan and Canada recorded substantial shares of processed products. Australia remained focused on frozen fillets but continued to maintain a portion of processed imports.
(seafood.vasep.com.vn) Despite the slow recovery of the U.S. market and continued trade-related challenges facing Vietnam’s shrimp industry, Minh Phu Seafood Corporation (MPC) has set ambitious targets for 2026. The company aims to produce 68,800 metric tons of finished shrimp products, generate consolidated revenue of VND 19.9 trillion, and achieve VND 1.059 trillion in pre-tax profit. If achieved, these figures would represent the highest revenue and profit levels in the company’s history.
(seafood.vasep.com.vn) HungHau Foods Joint Stock Company (HungHau Foods) has been honored at the 33rd Asia-Pacific Economic Forum, receiving two prestigious awards: “Top 10 Outstanding Asia-Pacific Enterprises 2026” and “Top 10 Outstanding Entrepreneurs” awarded to HungHau Foods CEO, Ms. Nguyen Yen.
(seafood.vasep.com.vn) After a period of sluggish imports in 2025, the Chinese market has returned with strong shrimp purchasing momentum in the first months of 2026. However, alongside rising demand comes an increasingly stringent import control system, covering quarantine requirements, food safety standards, registration procedures, and traceability. This makes China a market that offers both significant opportunities and growing risks for Vietnamese shrimp exporters.
(seafood.vasep.com.vn) Recently, in Long Xuyen City, An Giang Province, the Institute of Policy and Strategy for Agriculture and Rural Development (IPSARD) and the University of Economics Ho Chi Minh City (UEH) organized a workshop to announce the results of the project “Food Loss Assessment in the Pangasius Value Chain in the Mekong River Region.” The project aims to provide scientific evidence to support the sustainable development of Vietnam’s pangasius industry.
(seafood.vasep.com.vn) Shrimp prices in Vietnam’s Mekong Delta have recovered since early May, helping to improve farmers’ confidence and accelerate stocking activities for the 2026 farming season. However, farmers remain cautious due to rising input costs, unfavorable weather conditions, and disease risks.
(seafood.vasep.com.vn) On May 27, the Vietnam Trade Office in India, in collaboration with trade promotion agencies, industry associations, and businesses from both countries, organized the online seminar “Vietnam–India Seafood Trade Forum and Supply-Demand Connectivity 2026.” The event aimed to promote trade cooperation, investment, and seafood supply chain connectivity between Vietnam and India amid the ongoing restructuring of global 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