Aquaculture will make up 65 percent of the total fish production of the country, the rest 35 percent will be fish catching. Under the plan from now until 2020, the country’s seafood export turnover is projected to rake in US$11 billion with an annually average growth rate ranging from 7-8 percent; the value-added products will occupy 50 percent of total seafood exports; about half of fisheries workers will be trained and the average per capita income will triple; post-harvest loss will be dropped to 10 percent from the current level of 20 percent.
Between 2020 and 2030, the sector's total output is expected to reach 9 million MT, 70 per cent of which will come from aquaculture and capture output will account for 30 percent. Within the same time frame, export turnover is also projected to climb to US$20 billion with annually average growth rate of 6-7 percent; the proportion of value-added products for exports will reach 60 percent; around 80 percent of workers in the sector will receive training.
According to the sector’s master plan from now until the end of the decade, the fish landings will be 2.4 million MT. In which, marine catch will be 2.2 million MT and inland catch will be 0.2 million MT. Under the plan to 2020, the sector will catch 2 million of finfish, 200 thousand MT of squid, 50 thousand MT of shrimp and 150 thousand MT of other marine products.
The number of fishing vessels will be dropped to 110,000 ones up until 2020; and 95,000 ones by 2030 with the average reduction rate of 1.5 percent per year. By 2020, the number of nearshore fishing vessels will occupy 70 percent from the current level of 82 percent. The number of offshore fishing vessels will be 28,000 – 30,000 ones.
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
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