Vietnam is taking swift and strategic action to safeguard its seafood industry in response to the US's 46% reciprocal tariff, as officials urge local producers to stay calm, stay the course, and stay competitive.
The tariff announcement, made on April 3 as part of a broader U.S. review covering over 180 economies, has prompted a flurry of high-level engagement. Just one day later, Party General Secretary To Lam held a phone conversation with U.S. President Donald J. Trump, advocating early bilateral talks to reach a zero-tariff pact that preserves trade momentum between the two nations.
Prime Minister Pham Minh Chinh on April 6 called for calm and strategic thinking. He urged provinces and enterprises not to panic but to seize the moment as an opportunity to accelerate economic restructuring, diversify markets, and strengthen long-term resilience.
In light of ongoing diplomatic negotiations, the Department of Fisheries under the Ministry of Agriculture and Environment, has advised coastal provinces and the Mekong Delta to maintain production stability. Officials warn of premature harvesting or scaling down of operations, which could disrupt the supply chain and threaten industry-wide growth targets.
Provinces have been instructed to monitor local aquaculture operations closely and communicate transparent market updates to both producers and businesses to ensure confidence and continuity.
Technical support and guidance on sustainable aquaculture practices are being prioritised to reduce production costs, enhance quality, and ensure traceability, a key factor in avoiding origin fraud accusations and boosting competitiveness.
Authorities are also preparing contingency strategies, including redirecting export flows to high-growth markets such as China, the Republic of Korea, the EU, and Japan, while scouting for new trade opportunities.
Localities are encouraged to strengthen production linkages, streamline distribution channels, and help processors stockpile raw materials, setting the stage for businesses to fast-track deliveries in the next one to three months.
At the same time, efforts to boost domestic consumption are underway, with producers urged to create consumer-friendly products and forge stronger ties with supermarkets, restaurants, and hotels.
Authorities will continue to closely monitor the situation and provide timely updates to the Ministry of Agriculture and Environment to guide effective production policies in response to the evolving US trade policy.
In 2024, Vietnam’s seafood exports exceeded 10 billion USD, with key buyers including China, the US, Japan, the EU, and the Republic Korea. The momentum continued in the first quarter of 2025, with a value of 2.29 billion USD, rising 18.1% year-on-year./.
Source: VietnamPlus
(seafood.vasep.com.vn) In the first three months of 2026, Vietnam’s exports of fish cake and surimi reached USD 63 million, down 5% compared to the same period last year. Although total export value declined slightly due to decreases in some key markets, many other destinations continued to post strong growth, opening up room for this convenience-oriented processed segment in the coming quarters.
(seafood.vasep.com.vn) Favorable weather conditions in the early months of 2026 have brought encouraging signs for fisheries activities in Quang Tri. Output has grown steadily, contributing to improved livelihoods for local residents.
Entering 2026, Vietnam’s seafood industry is facing a period of both high expectations and mounting pressures. Following the positive recovery in 2025, production and export activities in Q1/2026 demonstrated the strong adaptability of Vietnam’s seafood business community amid continued global trade volatility, intensifying international competition, and increasingly stringent compliance requirements in import markets.
(vasep.com.vn) In the first quarter of 2026, Vietnam’s shrimp exports reached USD 1.069 billion, up 17.5% compared to the same period in 2025. This is a positive result amid an uneven global shrimp market recovery, intensifying competition among major suppliers, and continued volatility in the international trade environment. However, this growth does not reflect a broad-based recovery across the entire sector, but rather is driven mainly by strong performance in a few markets and specific product segments—most notably lobster exports to China.
(seafood.vasep.com.vn) Vietnam’s tuna exports continued to decline in March 2026. Cumulatively, in the first three months of the year, export value reached USD 208 million, down 4% compared to the same period in 2025. The export landscape shows clear divergence across markets: while the U.S. and EU remain challenging, markets such as Russia, the Middle East, Egypt, the Philippines, and Mexico have emerged as growth bright spots.
(seafood.vasep.com.vn) In Quang Ngai Province, shrimp farming costs are rising sharply due to लगातार increases in feed, fuel, and input material prices, while farm-gate shrimp prices are declining. This has significantly reduced farmers’ profit margins and increased production risks.
(seafood.vasep.com.vn) Vietnam’s tilapia exports are experiencing impressive growth, reflecting expanding global demand as well as the sector’s development potential. However, behind the strong growth figures lie limitations in production capacity and supply chains, highlighting the need for sustainable development in the coming period.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to the Middle East in 2025 and early 2026 have shown notable growth. However, escalating geopolitical tensions in the region have increasingly impacted export activities since March. This situation presents a challenge of balancing market expansion opportunities with rising trade risks.
(seafood.vasep.com.vn) The Quang Tri Department of Agriculture and Environment has instructed localities to base their stocking schedules on actual conditions in each farming area, while developing plans, allocating resources, and implementing synchronized measures for disease prevention and disaster risk management in aquaculture production.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s exports of fish cakes and surimi exceeded USD 45 million, up 7% compared to the same period in 2025, indicating a positive outlook for this product segment amid recovering demand in many markets.
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