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 |
(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.
(vasep.com.vn) Changing markets, shifting buyer demand, and increasingly complex trade barriers are raising a key question for Vietnam’s seafood industry: Where will the new growth opportunities lie in 2027–2029?
(seafood.vasep.com.vn) As of the end of August 2026, Vietnam’s tilapia exports to the United States reached $21 million, representing a steep 48% year-over-year decline and accounting for 23% of the country's total tilapia export turnover. Frozen fillets accounted for 78% with the remainder consisting of whole frozen tilapia and frozen cuts.
(seafood.vasep.com.vn) After a volatile first half of the year, Vietnam’s pangasius exports to Brazil registered robust growth in July and August 2026. In August alone, export turnover reached $19 million, surging 73% compared to the same period in 2025. Cumulatively for the first eight months, total export value reached $124 million, reflecting an 8% year-over-year increase.
(seafood.vasep.com.vn) Besides modifying their boats, many fishermen in Dak Lak province are making efforts to venture out to sea to harvest seafood during the rough sea season.
(seafood.vasep.com.vn) At the Responsible Seafood Summit and TCRS Shrimp Summit 2026, organized by the GSA (Global Seafood Alliance) in Bangkok, Thailand, the conversation about the future of the shrimp industry began with one of its most important foundations: seedstock quality.
(seafood.vasep.com.vn) In the first eight months of 2026, Vietnam’s tuna exports to Lithuania surpassed $14 million, up 8% year on year. While the increase remains modest, it is notable given the continued pressure on Vietnamese tuna exports to the EU as a whole. More importantly, export turnover to Lithuania has shown a clearer recovery in recent months, making the market a destination worth monitoring for Vietnamese businesses in Europe.
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