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
(seafood.vasep.com.vn) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.
(seafood.vasep.com.vn) Amid the increasingly evident impacts of drought and saltwater intrusion, the shrimp-rice production model in Ca Mau province continues to prove itself as a viable direction, contributing to higher farmer incomes, improved soil conditions and the promotion of ecological and sustainable agricultural development.
(seafood.vasep.com.vn) The management of fishing vessels, monitoring of fishing activities, and handling of violations in the fisheries sector in Lam Dong province have continued to be implemented in a synchronized and stringent manner, contributing to raising awareness of legal compliance among fishermen and aiming to end illegal, unreported and unregulated (IUU) fishing.
(seafood.vasep.com.vn) Can Tho’s fishery industry sustained steady growth in 2025 with total aquatic and marine output reaching nearly 783,000 tons, fulfilling 100% of the annual target. Aquaculture, capture fisheries and fishing fleet management were further strengthened, aiming for sustainable development in the coming years.
(seafood.vasep.com.vn) In 2025, Vietnam’s pangasius export turnover reached nearly USD 2.2 billion, up 8% year-on-year. This result indicates that pangasius exports maintained their growth momentum despite significant volatility in the global market environment. In December 2025, pangasius export value reached USD 200 million, up 10% compared to December 2024. This solid performance in the final month of the year reflects increased import demand for consumption and inventory replenishment in key markets.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain experienced significant fluctuations. According to Vietnam Customs, during the first 11 months of 2025, export turnover for the first 11 months of the year edged up by 0.3% year-on-year, reaching nearly $15 million.
(seafood.vasep.com.vn) Deputy Prime Minister Bui Thanh Son has signed Decision No. 16/QD-TTg, dated January 5, 2026, approving the implementation plan for the Vietnam-Israel Free Trade Agreement (VIFTA). Under the plan, in the coming period, ministries, ministerial-level agencies, government-affiliated entities and People’s Committees of provinces and centrally-run cities must institutionalize and execute tasks focused on the dissemination of information regarding VIFTA and the Israeli market; legislative and institutional development, as well as enhancing competitiveness and human resource growth...
(seafood.vasep.com.vn) Beyond achieving double-digit growth, Vietnam’s fish cake and surimi exports are showing a notable year-end "inflection point": the EU his accelerating with nearly twofold growth, China & Hong Kong are rising sharply, while the largest market, South Korea, signaled a slowdown in November. According to Vietnam Customs data, export turnover of fish cake and surimi reached $327 million in the first 11 months of 2025, up 22% year-on-year; November 2025 alone accounted for $35 million, marking a 5% increase. This serves as a critical foundation for exporters to reassess market structures and competitive intensity while finalizing order strategies for 2026.
(seafood.vasep.com.vn) Ca Mau, widely regarded as the nation’s “shrimp capital”, continued its strong performance in 2025 as shrimp output reached nearly 600,000 tons, maintaining its position as Vietnam’s leading shrimp-producing locality.
(seafood.vasep.com.vn) On December 29, 2025, at the 2025 Pangasius Industry Review Conference held in Can Tho City, the Vietnam Pangasius Association announced that fingerling prices have surged to record levels due to acute supply shortages.
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