Challenges for the whole industry
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnam's shrimp exports reached a record number of $4.3 billion in 2022, up 11% compared to 2021. This is the highest number ever. However, entering 2023, the situation has become more difficult.
Despite the impressive result in 2022, Vietnamese shrimp enterprises face many difficulties in 2023. Those are the challenges of having to compete more strongly with Ecuador and India. Moreover, the imported price of shrimp in the world market has decreased, while the price of raw shrimp in Vietnam tends to increase, creating obstacles in mobilizing raw materials for processing and export.
Viet Uc is the first corporation that has officially closed the entire shrimp value chain
Opportunities with chain linking – Enhance brand value
To promote shrimp exports in 2023 and the coming years, there are many solutions offered. The first solution is to focus on improving quality, linkages between localities participating in the shrimp chain, ensuring the continuous operation of the shrimp production chain.
Currently, in the whole industry, Viet Uc is the first corporation that has officially closed the entire shrimp value chain, from broodstock, to shrimp seed, to commercial shrimp farming, and recently a seafood processing factory to launch final products named: Perfect shrimp.
Viet Uc is also a pioneer in the application of high technologies and towards sustainable values for the entire industry. The processing factory officially went into operation, applying many modern technologies, especially being able to automate over 70% of production processes.
Viet Uc is not only proactive for each segment in the whole chain but also sharing for shrimp farmers effective farming solutions, joining hands to help farmers overcome difficulties
Inputs to the Factory will be shrimps raised according to a clean process, without the use of antibiotics, chemicals, traceability, outstanding color and taste, ready to meet export standards from the most strict and demanding markets.
With the desire to raise the bar for Vietnamese shrimp, Viet Uc is not only proactive for each segment in the whole chain but also sharing for shrimp farmers effective farming solutions, joining hands to help farmers overcome difficulties, improve profits and especially raise the image and brand of Vietnamese shrimp internationally.
Although there is still a lot of work to be done, the solutions from “leading birds” like Viet Uc will be leveraged to create a common voice, together to create cohesion to bring the industry to sustainable development, contributing to building Vietnamese shrimp brand.
Compiled by Thuy Linh
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
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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