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) In the Mekong Delta, key pangasius farming provinces such as An Giang, Dong Thap, and Can Tho are accelerating the transition toward a circular economy model, contributing to higher product value and reduced environmental impact. Instead of focusing solely on farming and processing, the pangasius value chain is increasingly utilizing by-products and waste streams to generate added value.
(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.
(seafood.vasep.com.vn) – On March 19, at the Government Headquarters, Prime Minister Pham Minh Chinh held a meeting with the European Commission (EC) inspection delegation on combating illegal, unreported and unregulated (IUU) fishing, led by Mr. Fernando Andresen Guimaraes, Head of Unit at the Directorate-General for Maritime Affairs and Fisheries (DG MARE).
(vasep.com.vn) Australia is emerging as one of the most stable and promising growth markets for Vietnamese shrimp. Amid global trade disruptions driven by geopolitical tensions—particularly conflicts in the Middle East—strengthening and expanding into stable markets like Australia has become increasingly important for Vietnam’s shrimp industry.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s squid and octopus exports reached over USD 111 million, up 23% compared to the same period in 2025. This result indicates a positive start for the sector, reflecting early signs of demand recovery in multiple markets from the beginning of the year.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s fisheries sector maintained positive growth momentum, with shrimp output exceeding 132 thousand tons. This result contributed to a strong increase in seafood export turnover, despite ongoing volatility in the global economy.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in February 2026, with many markets recording sharp increases compared to the same period last year. In February alone, export value reached USD 8.4 million, up 148% year-on-year. Cumulatively, in the first two months of 2026, total tilapia export turnover hit USD 23 million, soaring 242% compared to the same period in 2025.
(seafood.vasep.com.vn) In global seafood trade, sensory evaluation is increasingly becoming one of the key “technical barriers” in many importing markets-especially the United States. Issues such as filth, and signs of decomposition/spoilage are often detected through sensory evaluation methods and remain common reasons for seafood import alerts, detentions, or shipment rejections.
Shrimp has been the most important export product of Vietnam’s seafood industry for many years, typically accounting for 35–45% of the country’s total seafood export value. With a well-developed farming, processing, and export system, Vietnam has become one of the world’s leading shrimp exporters.
(seafood.vasep.com.vn) As geopolitical tensions in the Middle East continue to escalate, the global food market is facing increasing volatility in logistics costs, energy prices, and supply chains. In the seafood sector, alongside ocean-caught products such as tuna, the surimi-based product group—including fish cakes, crab sticks, fish balls, and other imitation seafood products—has also been affected to some extent by these developments.
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