A wide range of US agricultural products will soon enter the Vietnamese market at more competitive prices, following a significant reduction in import tariffs which took effect on March 31, 2025. Under Decree No. 73/2025/ND-CP, issued by the Government, Vietnam lowered import duties on various essential goods, mainly agricultural products, automobiles, and input materials for key industries. The Ministry of Finance confirmed that the adjustment reflects Vietnam’s strategy to promote trade liberalisation with key partners, especially the United States, and support domestic consumption. Accordingly, the tariff cut is from 20% to 15% for frozen chicken thighs, while the import tax drops from a range of 8-12% to 5% for unshelled pistachios, almonds, fresh apples, cherries and raisins. The import tariffs of corn for animal feed and soybean meal are reduced from 1-2% to zero. The reduction is expected to enhance consumer access to imported goods and reduce input costs for sectors such as livestock farming, which relies heavily on imported corn and soybean by-products. The decree also applies to non-agricultural goods. Notable changes include cars with codes of HS 8703.23.63 and 8703.23.57 having a tariff cut from 64% to 50%, and autos with HS 8703.24.51 code enjoying new rate dropping from 45% to 32%. The import tariffs also slide from 10% to 5% for ethanol and from 5% to 2% for liquefied natural gas (LNG). Notably, the tariffs drop to zero from 20-25% for wood products under 44.21, 94.01 and 94.03 groups. The US is one of the major suppliers of agricultural goods to Vietnam. In 2024, the exports of US agricultural products, primarily cotton, soybeans and tree nuts, reached 3.4 billion USD, accounting for over a quarter of total US exports to Vietnam. According to economist Dinh Trong Thinh, the tariff cuts will stimulate import turnover and give consumers more affordable options. Essential goods will reach the consumers more quickly and at better prices. The livestock sector, in particular, stands to benefit from the 0% tax on corn imports. Vietnam currently imports nearly all corn volume for animal feed, with a value of 3.04 billion USD in 2024 - a 6.1% rise from 2023. Meanwhile, according to US fruit exporters, despite growing demand in Vietnam for products such as apples, grapes, cherries and oranges, the high tariffs have limited their market access in this Asian country. In 2024, Vietnam imported nearly 550 million USD worth of US fruits and vegetables, a 64% increase from the previous year. At present, Vietnam and the US are also negotiating to open the market to more American fruits, including tangerines, lemons and plums. The tariff reductions come amid efforts to address trade imbalances. Experts say the policy will help diversify Vietnam’s import goods and enhance its trade relationship with the US./.
Source: VietnamPlus
(seafood.vasep.com.vn) Vietnam’s seafood exports in February 2026 reached approximately USD 707 million, up 8% compared to the same period last year. Cumulatively, exports in the first two months of 2026 totaled USD 1.7 billion, an increase of 20.2% year-on-year. The results show that the sector’s recovery momentum has remained relatively solid following strong growth in January, although the pace slowed noticeably in February for several key products and major markets. Within the overall picture, shrimp continues to be the largest pillar, pangasius rebounds strongly, while tuna exports and the U.S. and Korean markets are sending signals that warrant closer monitoring. In March, seafood exports are expected to gain additional momentum from markets other than the U.S., potentially supporting stronger growth.
(seafood.vasep.com.vn) In the first months of 2026, fishing activities in Quang Tri province recorded many positive signals, with output reaching over 15,941 tons. This result not only demonstrates fishermen’s efforts to stay offshore but also reflects the effectiveness of management and support measures implemented by local authorities.
(seafood.vasep.com.vn) In the first months of 2026, IUU prevention models focused on communication and mobilizing fishermen to comply with fisheries laws and avoid encroaching on foreign waters—related to combating illegal, unreported, and unregulated (IUU) fishing—have been implemented in coastal localities of Lam Dong province and have delivered initial positive results.
(seafood.vasep.com.vn) The sharp rise in raw pangasius prices to record levels is sending positive signals for the industry, but experts warn of potential supply–demand imbalances if production is not tightly controlled.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, the country’s total canned tuna export value in 2025 reached over USD 275 million, down 8% compared to 2024. Vietnamese canned tuna products were present in approximately 80 markets worldwide. However, the 2025 picture shows clear divergence: the U.S. maintained stability, the EU declined sharply, while several Middle East–North Africa (MENA) markets accelerated.
(seafood.vasep.com.vn) In 2025, Vietnam’s crab exports reached nearly USD 86 million, up almost 6% compared to 2024. A notable feature of 2025 was the strong market concentration in the United States, which accounted for more than 81% of Vietnam’s total crab export value, up 10% from the previous year. In contrast, exports to several Asian markets declined significantly, resulting in only modest overall growth for the year.
(seafood.vasep.com.vn) In 2025, Vietnam’s tilapia exports recorded impressive growth, with total export turnover reaching over USD 99 million, highlighting the increasingly important role of this product in the country’s seafood export structure. Of this total, tilapia fillets and other fish meat products accounted for USD 61 million, representing 61% of total export value and reaffirming their position as the key product category.
(seafood.vasep.com.vn) Shrimp seed quality is considered the “first link” and a decisive factor affecting the efficiency of the entire commercial shrimp production chain. High-quality seed directly influences survival rates, growth performance, and disease resistance, thereby determining production costs, productivity, and farmers’ profitability.
(seafood.vasep.com.vn) As part of its agricultural restructuring strategy toward sustainability, Quang Tri Province is gradually promoting environmentally friendly aquaculture models. Among these, organic-oriented golden pompano farming is considered a promising direction, aligned with the goals of enhancing production value and building sustainable rural areas.
(seafood.vasep.com.vn) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.
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