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) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
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