Due to the economic recession, consumers in traditional import markets, especially the EU, have cut their spending, Mr. Hoe was quoted by the Thoi Bao Kinh Te newspaper as saying.
Importers are also dealing with obstacles in importing seafood products from Vietnam. In previous years, importers could buy Vietnamese seafood and pay later. However, they now have to pay immediately as their Vietnamese partners are also having financial difficulty, Hoe noted.
Vietnams seafood exporters also encounter fierce competition from India and Thailand, he said.
In addition, some Vietnamese seafood products are facing technical barriers from importing countries. Due to Japans strict regulation on Ethoxyquin residues in shrimp, Vietnams shipments to its biggest shrimp market have fallen sharply, Mr. Hoe noted.
Regarding the Ethoxyquin antibiotic issue, VASEP has urged the Ministry of Agriculture and Rural Development and the Ministry of Industry and Trade to work with Japanese authorities to raise the permitted level of the antibiotic in Vietnamese shrimp product. It has also requested aquatic feed producers and shrimp farmers to use less Ethoxyquin while and change the cultivation methods, Hoe informed.
Increasing transport fees have also negatively affected the countrys seafood exports, he added.
VASEP Vice Chairman Duong Ngoc Minh also blamed banks mechanism in setting interest rate and credit limit for hindering the cash flows of enterprises, forcing both farmers and enterprises to sell their products at any prices in order to pay off debts.
Mr. Hoe urged farmers and enterprises to tighten control of pangasius export in order to maintain product quality. According to the VASEP, 65 enterprises exporting pangasius to the EU are capable of providing 600,000 tons of pangasius to the global market annually.
Earlier last month, however, the e-newspaper of the Ministry of Industry and Trade reported that seafood exports in the remaining months of 2012 will bounce back thanks to support from the government, especially a VND9 trillion soft loan package to assist pangasius farmers. It is unclear whether farmers have actually received the money yet.
Seafood is one of Vietnams export staples. In the first nine months of this year, the country earned $4.5 billion from seafood export, up 3.5% on year.
(seafoo.vasep.com.vn) Ca Mau Province is stepping up efforts to protect aquatic resources and promote transparent and sustainable fisheries, joining the country’s efforts to have the European Commission (EC) remove its “yellow card” warning for illegal, unreported and unregulated (IUU) fishing.
(vasep.com.vn) Vietnam has strengthened its position in China’s massive seafood market, becoming the largest lobster supplier while maintaining a dominant share of the country’s imported pangasius.
(vasep.com.vn) Vietfish 2026 was more than just a larger exhibition space. Through B2B meetings, booth discussions, production-chain visits and post-show feedback, businesses and buyers found something more concrete: suitable suppliers, processing capabilities, technology solutions, new markets and a foundation for building long-term trust and partnerships.
(vasep.com.vn) Vietnam’s tilapia exports to the United States declined significantly in the first seven months of 2026. Cumulative export value reached US$18 million, down 42% from the same period in 2025. In July alone, exports amounted to just US$2 million, plunging 70%, indicating a clear slowdown in import demand from the US market.
(vasep.com.vn) At the seminar “Global Seafood Markets and the Future Workforce: Trends, Opportunities and Directions for the Sustainable Development of Vietnam’s Fisheries Sector,” held as part of VIETFISH 2026, Ms. Shirlene Maria Anthonysamy, Fisheries Officer (Markets) and GLOBEFISH Coordinator at the Food and Agriculture Organization of the United Nations (FAO), presented initiatives aimed at promoting youth participation in fisheries and aquaculture.
(vasep.com.vn) In the first seven months of 2026, Vietnam’s pangasius exports to the United States reached US$189 million, down 8% year-on-year. In July alone, export value reached US$22 million, down 28%. This trend indicates that U.S. demand for pangasius imports has remained relatively cautious this year, as importers tend to maintain moderate inventory levels and limit stockpiling.
(vasep.com.vn) After three days at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, the Vietnam International Fisheries Exhibition – VIETFISH 2026 – has successfully concluded, leaving a strong impression in terms of scale, visitor numbers, the quality of business connections, and innovative activities. With more than 14,000 m² of exhibition space, 335 companies, 568 booths, participation from representatives of 17 countries and territories, and nearly 15,000 visitors, VIETFISH 2026 has once again affirmed its role as an important meeting point for Vietnam’s and the global seafood industry.
(seafood.vasep.com.vn) Held as part of Vietfish 2026 from August 19–21 at SECC in Ho Chi Minh City, a series of five specialized seminars provided the seafood business community with updates on markets, technology, standards, human resources and cooperation opportunities. With the participation of experts, international organizations, government agencies and businesses from Vietnam and abroad, the seminars created an additional platform for professional exchange alongside the exhibition’s product showcases and business networking activities.
(seafood.vasep.com.vn) On the morning of August 19, 2026, the Vietnam International Seafood Exhibition – VIETFISH 2026 officially opened at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. With 568 booths representing 335 companies, alongside the presence of senior government officials, local authorities, diplomatic missions and international partners, VIETFISH 2026 kicks off three days of business networking, technology exchange and market engagement under the overarching theme “Innovation and Sustainability.”
The Vietnam Association of Seafood Exporters and Producers (VASEP) officially announces that the Vietnam International Seafood Exhibition (Vietfish 2026) will take place from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City.
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
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Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
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