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.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.
(seafood.vasep.com.vn) As part of Vietfish 2026, the International Seafood Hosted Buyer Program has been designed as a dedicated B2B matchmaking initiative for selected international buyers. The program provides opportunities to meet directly with Vietnamese seafood companies, gain market insights, and experience Vietnam's seafood supply chain firsthand.
(seafood.vasep.com.vn) A Story from Cà Mau’s Coast It’s 5 AM in Cà Mau. Minh, a third-generation fisherman, is ready to set sail. But unlike his father and grandfather, his boat no longer runs on an old diesel engine that burns fuel and clouds the sky with smoke. Instead, it’s powered by a hybrid engine that saves 40% fuel—funded by an ESG program from a major seafood exporter.
(seafood.vasep.com.vn) Vietnam's pangasius industry is shifting its focus from increasing production volume to enhancing value-added products in order to meet the increasingly stringent requirements of export markets. In An Giang Province—the country's leading hub for pangasius farming and processing—businesses and farmers are prioritizing product quality, traceability, food safety, and sustainable development rather than expanding output.
(seafood.vasep.com.vn) Following strong growth in 2025, Vietnam’s tuna exports to Sweden continued to edge higher during the first five months of 2026. However, the picture is far from straightforward. Orders have fluctuated significantly from month to month, indicating that this market remains cautious, with purchasing decisions closely tied to actual demand and the import cycles of Nordic distributors rather than to a steady upward trend.
(seafood.vasep.com.vn) China’s shrimp imports in the first five months of 2026 continued to surpass the same period in 2025, indicating that demand in the world’s largest seafood-consuming market remains strong. However, behind the growth figures lies an increasingly competitive landscape: Ecuador dominates the competitively priced whiteleg shrimp segment, India remains the second-largest supplier, while Vietnam stands out in the lobster segment but still needs to strengthen its advantages through quality, traceability, and reliable supply.
(seafood.vasep.com.vn) Lobster exports to China continued to surge in the first half of this year, putting the lobster industry on the verge of reaching an export value exceeding $1 billion.
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