Demand up, supply short According to FAO, seafood is the kind of food which has been selling best with 102 billion dollars worth of products consumed in 2008. The organization has predicted that from now to 2015, the seafood consumption per capita around the globe would increase by 0.8 percent per annum, while the total demand for seafood products would increase by 2.1 percent per annum. Meanwhile, the supply is short to satisfy the market demand. Japan’s fisheries have been threatened after the earthquake and tsunami, Thailand’s and Vietnam’s shrimp have suffered due to floods and epidemics. Meanwhile, catfish industry has suffered from the sharp input cost increases. According to the Secretary General of the Vietnam Association of Seafood Exporters and Producers VASEP, a lot of the gold stores in Bangkok, Thailand have suffered from the heavy floods, which would only be able to resume their operation after some more time. This would certainly badly affect Thailand’s shrimp export in 2012. Meanwhile, other shrimp exporters such as China, Indonesia, are also facing difficulties. China is experiencing a cold weather period which badly affects the productivity, Indonesia is facing epidemics. Meanwhile, in the US, EU and Japan, the biggest shrimp consumers, the domestic shrimp supply has been forecast to be low. As for catfish, in 2011, the floods in Mississippi, one of the four states in the US which breed catfish, have made the cultivation area decrease by 39 percent. Farmed seafood favored A recent report showed that in 2010, the cultivated seafood output of the world increased by 60 percent, from 32.4 million tons to 52.5 million tons in 2000-2008. It is expected that in 2012, the aquaculture would satisfy more than 50 percent of the total consumption. While the volume of seafood exploited worldwide has been decreasing amid the increasing population, aquaculture is believed to have great potentials in the future, which can satisfy the increasingly high demand for high quality and safe products. Farmed seafood products have helped improve the food security in many regions in the world. However, aquaculture develops at different levels in the world. Currently, Asia- Pacific is considered the biggest influential region in the world in terms of aquaculture. Of the 15 biggest aquaculture countries in the world, 11 belong to Asia Pacific. China is leading in terms of carp farming, while Thailand, Vietnam, Indonesia, India have advantages in medium and small size shrimp, and Norway and Chile are leading in salmon production. According to the Ministry of Agriculture and Rural Development, it is expected that the total seafood output in 2012 would reach 5.35 million tons, including 2.2 million tons of seafood to be exploited, 3.15 million tons of farmed products, while the export revenue may reach 6.5 billion dollars. As for shrimp, Thai companies have been boosting exports to the US. However, the US importers fear that the floods may increase the food hygiene threat to the exports. Experts believe that this is really a great opportunity for Vietnam to increase the exports of shrimp to the US. The US also proves to be a big consumer for Vietnam’s tra fish. A lot of Vietnamese companies have enjoyed the anti-dumping tax rates of 0-0.02 percent instead of 2.44-4.22 percent, which is really a favorable condition for them to boost exports. Le Van Quang, General Director of Minh Phu Group, also said that the 6.5 billion dollars in export turnover proves to be within reach.
(vasep.com.vn) Vietnam has strengthened its position in China’s massive seafood market, becoming the largest lobster supplier while maintaining a dominant share of the country’s imported pangasius.
(vasep.com.vn) Vietfish 2026 was more than just a larger exhibition space. Through B2B meetings, booth discussions, production-chain visits and post-show feedback, businesses and buyers found something more concrete: suitable suppliers, processing capabilities, technology solutions, new markets and a foundation for building long-term trust and partnerships.
(vasep.com.vn) Vietnam’s tilapia exports to the United States declined significantly in the first seven months of 2026. Cumulative export value reached US$18 million, down 42% from the same period in 2025. In July alone, exports amounted to just US$2 million, plunging 70%, indicating a clear slowdown in import demand from the US market.
(vasep.com.vn) At the seminar “Global Seafood Markets and the Future Workforce: Trends, Opportunities and Directions for the Sustainable Development of Vietnam’s Fisheries Sector,” held as part of VIETFISH 2026, Ms. Shirlene Maria Anthonysamy, Fisheries Officer (Markets) and GLOBEFISH Coordinator at the Food and Agriculture Organization of the United Nations (FAO), presented initiatives aimed at promoting youth participation in fisheries and aquaculture.
(vasep.com.vn) In the first seven months of 2026, Vietnam’s pangasius exports to the United States reached US$189 million, down 8% year-on-year. In July alone, export value reached US$22 million, down 28%. This trend indicates that U.S. demand for pangasius imports has remained relatively cautious this year, as importers tend to maintain moderate inventory levels and limit stockpiling.
(vasep.com.vn) After three days at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, the Vietnam International Fisheries Exhibition – VIETFISH 2026 – has successfully concluded, leaving a strong impression in terms of scale, visitor numbers, the quality of business connections, and innovative activities. With more than 14,000 m² of exhibition space, 335 companies, 568 booths, participation from representatives of 17 countries and territories, and nearly 15,000 visitors, VIETFISH 2026 has once again affirmed its role as an important meeting point for Vietnam’s and the global seafood industry.
(seafood.vasep.com.vn) Held as part of Vietfish 2026 from August 19–21 at SECC in Ho Chi Minh City, a series of five specialized seminars provided the seafood business community with updates on markets, technology, standards, human resources and cooperation opportunities. With the participation of experts, international organizations, government agencies and businesses from Vietnam and abroad, the seminars created an additional platform for professional exchange alongside the exhibition’s product showcases and business networking activities.
(seafood.vasep.com.vn) On the morning of August 19, 2026, the Vietnam International Seafood Exhibition – VIETFISH 2026 officially opened at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. With 568 booths representing 335 companies, alongside the presence of senior government officials, local authorities, diplomatic missions and international partners, VIETFISH 2026 kicks off three days of business networking, technology exchange and market engagement under the overarching theme “Innovation and Sustainability.”
The Vietnam Association of Seafood Exporters and Producers (VASEP) officially announces that the Vietnam International Seafood Exhibition (Vietfish 2026) will take place from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City.
(seafood.vasep.com.vn) Vietnam’s seafood exports recorded strong growth in the first half of 2026, but the performance was increasingly uneven across products, markets and enterprises. VASEP’s newly released premium report provides the detailed data and analysis needed to understand what lies behind the headline figures and prepare for the more challenging months ahead.
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