The ambassadors of the EAEU member countries, namely Russia, Belarus, Kazakhstan and Armenia, shared the view at a press conference in Hanoi on October 5 to mark one year since the pact took effect.
Belarusian Ambassador to Vietnam Vladimir Goshin said that Vietnam’s exported 37 million USD worth of products to Belarus in the first eight months of 2017, the same amount as Belarus’s exports to the Southeast Asian nation.
This is the first time the two countries have seen a balanced trade turnover as Belarus had previously run a trade surplus with Vietnam, he said, stressing that Vietnamese businesses have been making the most of advantages offered by the deal to boost exports.
Kazakh Ambassador Beketzhan Zhumakhanov said among the EAEU countries, Kazakhstan has experienced the biggest trade growth with Vietnam, with two-way trade reaching 364.7 million USD in the January-August period, nearly equivalent to the figure of 366.2 million USD for the whole 2016.
Russian Ambassador Konstantin Vnukov told participants that between October 2016 and April 2017, the export-import turnover between the EAEU and Vietnam rose by 28 percent.
The reduction of import tariffs has facilitated the export of wheat flour, corn, fertilizers and metals from the EAEU countries to Vietnam, he added.
Dang Hoang Hai, Director of the European Market Department under the Ministry of Industry and Trade, said the deal has created an impulse for cooperation between Vietnam and the countries across fields.
He noted his hope that through the agreement, Vietnam and the EAEU will increase the types of commodities exported to each other’s markets.
The ambassadors held that to uphold the positive results, the countries should enhance dialogues and cooperation with businesses by increasing the exchange of visits and participation in fairs and exhibitions.
The Vietnam-EAEU FTA was inked in Burabay, Kazakhstan, on May 29, 2015 and took effect on October 5, 2016.
Under the agreement, Vietnam will remove import tariffs on 59 percent of the total tax lines on goods from the EAEU, including meat products, wheat flour, alcohol, mechanical equipment and steel products. The tariffs on another 30 percent of goods will be gradually reduced to 0 percent in the transitional period.
The average level of Vietnam’s duties on EAEU goods will drop from 10 percent to 1 percent, while EAEU’s average import tariffs on Vietnam’s goods will be reduced from 9.7 percent to 2 percent in 2025.
The tax removal is expected to spur the EAEU’s export of agricultural and industrial products to Vietnam, and vice versa, Vietnam’s farm produce, garment, bags and electrical devices will have better access to the EAEU market.
At the same time, businesspeople of both sides will have opportunities to take part in joint projects in the EAEU countries and Vietnam.
Source: VNA
(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.com.vn) Changing markets, shifting buyer demand, and increasingly complex trade barriers are raising a key question for Vietnam’s seafood industry: Where will the new growth opportunities lie in 2027–2029?
(seafood.vasep.com.vn) As of the end of August 2026, Vietnam’s tilapia exports to the United States reached $21 million, representing a steep 48% year-over-year decline and accounting for 23% of the country's total tilapia export turnover. Frozen fillets accounted for 78% with the remainder consisting of whole frozen tilapia and frozen cuts.
(seafood.vasep.com.vn) After a volatile first half of the year, Vietnam’s pangasius exports to Brazil registered robust growth in July and August 2026. In August alone, export turnover reached $19 million, surging 73% compared to the same period in 2025. Cumulatively for the first eight months, total export value reached $124 million, reflecting an 8% year-over-year increase.
(seafood.vasep.com.vn) Besides modifying their boats, many fishermen in Dak Lak province are making efforts to venture out to sea to harvest seafood during the rough sea season.
(seafood.vasep.com.vn) At the Responsible Seafood Summit and TCRS Shrimp Summit 2026, organized by the GSA (Global Seafood Alliance) in Bangkok, Thailand, the conversation about the future of the shrimp industry began with one of its most important foundations: seedstock quality.
(seafood.vasep.com.vn) In the first eight months of 2026, Vietnam’s tuna exports to Lithuania surpassed $14 million, up 8% year on year. While the increase remains modest, it is notable given the continued pressure on Vietnamese tuna exports to the EU as a whole. More importantly, export turnover to Lithuania has shown a clearer recovery in recent months, making the market a destination worth monitoring for Vietnamese businesses in Europe.
(seafood.vasep.com.vn) Vietnam’s squid and octopus exports exceeded $527 million in the first eight months of 2026, marking a 15% year-on-year increase. This growth is particularly notable given the strong baseline established in 2025, when export turnover for the same period reached $458 million, a 13% rise from 2024.
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