According to VASEP, the nation’s seafood export revenue hit $5 billion in the first ten months of the year, a 1.7 percent year-on-year increase.
Although the seafood exports have increased, the industry turnover just fetched $6.2 billion, while the goal was set for $6.5 billion, due to obstacles currently troubling the sector.
Shrimp export turnover was about $2.2 billion, a year-on-year decrease of 8.3 percent while pangasius fetched $1.8 billion, the same as last year. Other seafood reached $2.2 billion, an increase by 19 percent compared to last year.
However, the Ministry of Industry and Trade is concerned that the two main exports of shrimp and pangasius are in a slump in the third quarter of 2012.
In the third quarter of this year, shrimp exports fetched $610 million, a decrease of 15 percent compared to that in 2011 and pangasius exports fetched $438 million, a 10 percent year-on-year decrease.
Due to difficulties such as material and capital shortage, more investment and slow consumption in markets, exporters cannot yield the expected turnover.
The ministry said that competition in seafood exports across the globe is becoming fierce and
Nguyen Van Dao, general manager of Go Dang Exports, is concerned as this time in previous years importers placed many orders for Noel and New Year Holiday season. However, this year very few orders were placed and at lower price. Currently pangasius fillet in the EU country market fetches $2.6 per kilogram with which enterprises and fish farmers do not make any profits.
In the Mekong Delta
Duong Tien Dung, deputy chairman of People’s Committee, said the local government has supported enterprises by seeking markets, giving loans at preferential interest rates and facilitating all paperwork to increase turnover for seafood exports for year end.
Ho Viet Hiep, deputy chairman of People’s Committee says that in the Mekong Delta
The ministry said that to achieve the target of $7.5 billion in turnover in 2015 and $10 billion in 2020 to help farmers in rural areas increase their income, the sector needs to invest more and re-arrange its structure.
The sector should build its own brand name in the world markets and keep its important markets like the
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(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
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(seafood.vasep.com.vn) As part of Vietfish 2026, the International Seafood Hosted Buyer Program has been designed as a dedicated B2B matchmaking initiative for selected international buyers. The program provides opportunities to meet directly with Vietnamese seafood companies, gain market insights, and experience Vietnam's seafood supply chain firsthand.
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(seafood.vasep.com.vn) Following strong growth in 2025, Vietnam’s tuna exports to Sweden continued to edge higher during the first five months of 2026. However, the picture is far from straightforward. Orders have fluctuated significantly from month to month, indicating that this market remains cautious, with purchasing decisions closely tied to actual demand and the import cycles of Nordic distributors rather than to a steady upward trend.
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(seafood.vasep.com.vn) Lobster exports to China continued to surge in the first half of this year, putting the lobster industry on the verge of reaching an export value exceeding $1 billion.
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