“For the factories I know, I didn’t see much trouble with labor situation -- the labor force is sufficient so far while wages are only increased a bit,” said Daniel Lin, an executive who has set up his own company, Ocean Kingdom Seafood, to supply wild-caught frozen at sea fish to the processing industry and wholesalers.
The biggest “headache” for whitefish plants in China is “weak markets and financial stress,” Lin told IntraFish.
“For factories I do business with -- I sell raw materials to them and buy fillets back -- selling terms now changed to letter of credit (L/C) at 90 days, whereas previously it was L/C 30days or up to 60 days.”
Changing to 90 days means it takes them longer to pay, so that they can have more liquidity to run their business, said Lin.
“This year’s life for Chinese whitefish processing plants will be tough,” he said. “I am only optimistic about the Middle East and Africa markets -- these countries’ economies are strong, thanks to their strong resource and commodity exports.”
However, it is clear that the labor situation is a problem for plants in China.
"Regard the labor cost in China, it’s the same story for the past two to three years," said Xiaohui Luo, operations manager with Chang International, which operates plants in Qingdao, China.
"I think the cost will go higher, but by how much I don’t know. However I think the bigger factor is there may not be enough workers willing to work in this industry even if they can get a little higher pay than some other industries," he told IntraFish
"Obviously plants will not break the bank to pay the workers. The lack of workers could have a bigger impact on the overall productivity from Chinese plants, on all items not only for whitefish species," he said.
Seafood processing companies with plants in China might see the tightening labor situation as reason to leave the country, sources told IntraFish.
China seafood processor Yantai Longwin saw an estimated 20 percent drop in worker numbers over the past year, said its managing director Eric Wang.
Some factories might already have plans to move their operations to Vietnam and Cambodia if the situation persists, said Alvin Loy, director of Singapore-based Fish International Sourcing House, which has a processing facility in China.
While incentives such as providing free food and lodging could ensure that workers stay, Loy told IntraFish that if the labor shortage situation worsens in the next few years, the Chinese government even might have to allow foreign workers to come into the country.
Foreign companies which operate joint venture plants in China, such as High Liner Foods and Royal Greenland, are looking at setting up plants in Vietnam.
Toyota Tsusho Foods, the food division of the Japanese giant, recently announced it is moving its seafood processing to The Philippines.
(seafood.vasep.com.vn) On July 9, 2026, the Embassy of Vietnam in Brazil organized the seminar titled “Sharing Information on Vietnam-Brazil Economic, Trade and Investment Relations in the First Half of 2026” to provide updates on bilateral cooperation and strengthen connections among government agencies, industry associations, and business communities of the two countries.
(seafood.vasep.com.vn) Seafood exports in the first 6 months of the year continued to be a bright spot with a total turnover of 5.7 billion USD, an increase of 11.4% compared to the same period last year. By commodity group, seafood is one of the three groups with a trade balance in the first 6 months of 2026 in a surplus state with 4.13 billion USD, an increase of 17%.
(seafood.vasep.com.vn) For many years, Vietnam’s seafood industry has been recognized as one of the country’s key export pillars. Products such as shrimp, pangasius, tuna, squid, octopus, and a wide range of other seafood have reached hundreds of markets worldwide. Yet behind these impressive export figures lies a significant challenge: a substantial share of Vietnam’s seafood export value still comes from minimally processed products, contract manufacturing, and raw material exports—segments characterized by low profit margins and high vulnerability to fluctuations in global prices.
(seafood.vasep.com.vn) In the context of a global economy shifting powerfully toward green and sustainable values, Vietfish 2026 is far more than just a commercial trade fair. It has become a strategic rendezvous and a "comprehensive ecosystem"—a convergence of value, knowledge, and sustainable growth opportunities for the entire industry chain.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to Colombia continued their strong upward momentum in May 2026. Export value to the market reached USD 4 million, up 24% compared to the same month in 2025. Cumulative exports in the first five months of 2026 totaled USD 24 million, an impressive 48% increase year-on-year.
(seafood.vasep.com.vn) Hai Phong's aquaculture sector is accelerating the adoption of high technologies in aquaculture to adapt to climate change, with red tilapia and tilapia identified as the key cultured species for priority development.
(vasep.com.vn) Vietnam’s seafood exports reached nearly US$1.1 billion in June 2026, up 21.0% year-on-year. Cumulative exports in the first half of 2026 totaled nearly US$5.8 billion, representing a 12.8% increase compared with the same period last year. Exports to China and Hong Kong continued to accelerate, while shipments to the United States rebounded strongly in June. In contrast, exports to the EU, Japan, and the Middle East remained sluggish or recorded slight declines.
(vasep.com.vn) Tilapia is playing an increasingly important role in Vietnam’s aquaculture sector, driven not only by growing market opportunities but also by its ability to meet increasingly stringent requirements on quality, food safety, and traceability. In practice, tilapia farming in Vietnam is not a spontaneous or loosely regulated activity; rather, it operates under a comprehensive legal and technical framework covering the entire value chain—from hatcheries and farming to processing and exports.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 1.9 billion in the first five months of 2026, up 12% compared with the same period last year. Amid continued volatility in the global seafood market, this result demonstrates that the shrimp sector has maintained positive growth momentum, supported by improving demand in several Asian markets, particularly China.
(seafood.vasep.com.vn) On June 16, the Department of Agriculture and Environment of Ca Mau Province announced that the locality has established a farming area code for nearly 30,400 hectares of mud crab aquaculture and granted export facility codes to five enterprises eligible to export mud crab officially to markets such as China, Cambodia, Singapore, and the United Arab Emirates (UAE).
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn