According to VASEP, the nation’s seafood export revenue hit US$3.4 billion in the January-July period, a 6.5% year-on-year increase. This means that the seafood industry should fetch US$3.1 billion more from now until the end of this year to fulfill its target.
VASEP general secretary Truong Dinh Hoe presented three reasons for maintaining the target, saying that there was a mild decrease in seafood export value in the second quarter, when consumption on the European market usually slows down during summer vacations. VASEP expected seafood exports to bounce back by the end of the month or September when the holidays are over.
Secondly, exporter sentiment has also improved given the Government’s solutions on rescheduling loans and lowering interest rates, Hoe said.
VASEP estimated seafood export revenue in the third quarter will reach US$1.84 billion, rising by 17% against the previous quarter and 7% compared to the same period last year and taking to US$4.7 billion the total export value in the January-September period. Of which, exports in August and September need to be high to compensate for low figures in July.
However, Nguyen Van Kich, general director of Cafatex Company, said that seafood exports have been slow so far due to difficulties in import markets.
Shrimp exports have been hindered by Japan’s Ethoxyquin content test while other markets like the U.S. and Europe have limited imports. Besides, the nation finds it hard to compete with India, which provides much cheaper shrimp than Vietnam.
“I am not sure about VASEP’s seafood export forecast of US$6.5 billion this year due to slow consumption,” Kich added.
Other enterprises also told the Daily that it will be difficult to obtain seafood export value of US$6.5 billion this year as material sources are declining while enterprises have yet to access bank loans.
Vietnam has plans to expand white leg shrimp farming areas in the future, while reducing the areas of tiger shrimp given market demands.
Accordingly, the nation will produce 30 billion tiger shrimp in 2015 but only 29 billion in 2020. Meanwhile, white leg shrimp output will rise from 33 billion in 2015 to 57 billion in 2020.
VASEP general secretary Truong Dinh Hoe told the Daily that market demands are the main cause of the plan adjustment.
Consumers in import markets have gradually shifted to use products made from white leg shrimp instead of tiger shrimp. Therefore, Vietnam has to adapt to these new habits, Hoe said.
(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
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