Right in the first days of 2021, the agricultural sector in general and shrimp enterprises, in particular, embark on the work, meeting the requirements of a series of orders from fastidious markets. Success in shrimp exports in 2020 was a driving force, creating momentum for export businesses to enhance production and value in 2021.
Mr. Phung Duc Tien - Deputy Minister of Agriculture and Rural Development said that Vietnam has advantages in markets, especially fastidious markets such as the US, Europe, and the large Chinese market.
Sharing about production and business results in 2020, Mr. Le Van Quang - General Director, Chairman of Minh Phu Seafood Corporation - said that the success in control Vietnam's Covid 19 pandemic is a good opportunity for the shrimp industry. In 2020, Minh Phu exported 55,000 MT of finished shrimp, with a turnover of US$580 million. The target in 2021 is set at 71 thousand MT of shrimp with a turnover of US$790 million.
According to VASEP, in 2021, there will be many favorable conditions for Vietnam's shrimp production and exports. World demand remains stable while other exporting countries have not yet recovered. China is the largest supplier in Asia, however, there is a shortage of shrimp for processing and consumption in this country.
Along with that, anti-dumping tax in the US on shrimp is low; Tariff advantages for Vietnamese origin of farmed shrimp products in the New generation Free Trade Agreements ...
In the current context, VASEP forecasts that shrimp exports in 2021 are likely to increase by about 15% compared to 2020, surpassing US$4 billion.
Mr. Vo Van Phuc - General Director of Vietnam Clean Seafood Cooperation said that the Covid 19 pandemic caused the supply chain in the shrimp industry to be broken, from operations in factories to farming activities. With this condition, we are not likely to achieve the set target of shrimp export reaching US$4 billion.
From a professional perspective, Mr. Tran Dinh Luan - Director General of the Directorate of Fisheries (Ministry of Agriculture and Rural Development) said the shrimp industry encourages effective farming models, low risk, traceability, ensuring hygiene and safety. In 2021, depending on actual conditions, the farmer can apply the appropriate forms to ensure a successful production.
In the context that the competitor's supply is facing difficulties and the situation is forecasted to not be better until the end of the first quarter of 2021, Vietnam's shrimp exports will continue to achieve growth milestones in 2021 if we ensure good farming and processing, said experts. The production of Covid-19 vaccines with the advantages of FTAs being utilized by businesses will be the driving force for shrimp exports in 2021.
(seafood.vasep.com.vn) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.
(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.
(seafood.vasep.com.vn) Shrimp and pangasius continued to lead growth, helping seafood exports reach $4.67 billion in the first five months of the year; however, differentiation among product groups and increasingly stringent requirements from importing markets are posing many challenges for the industry.
(seafood.vasep.com.vn) Every day, the seafood processing industry in Ca Mau generates large quantities of shrimp heads and shells during processing operations. In the past, these by-products were largely treated as waste, increasing production costs and posing potential environmental risks. However, thanks to advanced processing technologies, materials once considered waste are now being transformed into high-value products, creating a circular economy model within the seafood industry.
(seafood.vasep.com.vn) Vietnam Clean Seafood Corporation has invested in a 280-hectare super-intensive shrimp farming zone in Tran De Commune, Can Tho City, generating export value of approximately VND 3 billion per hectare per year—around 50 times higher than traditional agricultural production.
(vasep.com.vn) Vietnam’s seafood exports reached USD 1.02 billion in May 2026, up 0.6% year-on-year. Cumulative exports in the first five months of 2026 totaled USD 4.67 billion, an increase of 11% compared to the same period in 2025.
(seafood.vasep.com.vn) In a rapidly changing global seafood market, timely insights and reliable data are more critical than ever. The Report on Vietnam Seafood Exports in Q1/2026 provides a comprehensive overview of the latest developments in Vietnam’s seafood production, trade performance, and export trends, helping businesses navigate uncertainty and identify new growth opportunities.
(seafood.vasep.com.vn) While many major markets continue to experience slow growth, Russia has emerged as a brighter destination for Vietnamese tuna exports in early 2026. Export turnover to this market increased by nearly 55% in the first four months of the year, indicating a clear improvement in demand. Nevertheless, Russia remains a market that should be viewed with both optimism and caution.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
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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