Vinh Hoan Corporation: Vinh Hoan Corporation has consistently held the leading position over the past decade, albeit with minor contractions in export turnover in recent years. However, Vinh Hoan has maintained its preeminence due to a commitment to sustainable development strategies, product quality enhancement, and the expansion of export markets, particularly in value-added product segments. Vinh Hoan has remained Vietnam’s largest pangasius exporter for ten consecutive years. The United States constitutes the corporation’s primary export market. In 2015, Vinh Hoan exported nearly USD 228 million to the U.S., accounting for a substantial 3.41% of the total market share. Vinh Hoan retained its number one ranking within the Top 5, with export turnover in 2024 exhibiting an approximate 15% increase compared to 2023.
Nam Viet Corporation: Nam Viet Corporation demonstrates steadfastness characterized by growth and stability, consistently securing a position within the Top 5 throughout the past decade. Despite variations in proportional contribution to aggregate turnover, the company’s export turnover has remained robust and progressively increased from USD 93 million in 2015 to USD 126 million in 2022. Nam Viet prioritizes the maintenance of stability and sustainable growth. The corporation has proactively established a rigorous quality management system and implemented production process enhancements to reduce expenditures and augment efficiency. This stability has been instrumental in securing a firm foothold within the industry. Despite the broader pangasius sector confronting multifaceted challenges in 2024, Nam Viet’s export turnover in 2024 remained stable relative to 2023.
Van Duc Tien Giang Food Export Company: Van Duc Tien Giang has emerged as a constituent of the Top 5 in recent years, demonstrating robust growth. The year 2022 witnessed an approximate 90% surge in export turnover compared to 2020, propelling the company to the 3rd rank in 2022. This performance underscores Van Duc Tien Giang’s ongoing commitment to product quality refinement and the expansion of exports into international markets. Export turnover in 2024 exhibited an approximate 40% growth compared to 2023.
IDI International Development and Investment Joint Stock Company: IDI Corporation represents a pangasius exporting entity that has experienced positional shifts within the Top 5, indicative of the intense competitive pressures faced amidst sector-wide challenges. The company has implemented adjustments to its business strategy, expanded production capacities, diversified its product portfolio, and actively pursued new markets.
Bien Dong Seafood Co., Ltd: Bien Dong Seafood Co., Ltd experienced substantial growth during the period spanning 2015-2019. In 2023, export turnover contracted amidst intensifying competition and fluctuations in the international market landscape. Nevertheless, the company sustained its position within the Top 5 due to its capacity to adapt its strategies and maintain product quality standards. In 2024, Bien Dong was no longer among the top 5 leading enterprises, with Truong Giang Seafood Corporation superseding its position.
|
Top 5 Vietnamese pangasius export enterprises, 2015 |
||
|
No. |
Company name |
Proportion (%) |
|
1 |
Vinh Hoan Corporation |
3,41 |
|
2 |
Bien Dong Seafood Co.,Ltd |
1,75 |
|
3 |
Hung Vuong Corporation |
1,43 |
|
4 |
Nam Viet Corporation |
1,39 |
|
5 |
An Giang Fisheries Import & Export Joint Stock Company |
0,89 |
|
Top 5 Vietnamese pangasius export enterprises, 2024 |
||
|
No. |
Company name |
Proportion (%) |
|
1 |
Vinh Hoan Corporation |
2,74 |
|
2 |
Nam Viet Corporation |
1,14 |
|
3 |
Van Duc Tien Giang Food Export Company |
1,08 |
|
4 |
IDI International Development and Investment Joint Stock Company |
0,89 |
|
5 |
TG Fishery Holdings Corporation |
0,86 |
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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