According to the Ministry of Agriculture and Environment , on the afternoon of August 8, held a bilateral meeting with Minister Chun Jae-Soo, during which the two sides signed the MoU to underscored the friendship between the two nations while marking a new phase in their fisheries partnership.
“Vietnam considers fisheries a key pillar in its sustainable marine economic development strategy,” Acting Minister Tran Duc Thang said. “We look forward to learning from South Korea’s experience, and propose key cooperation priorities including sustainable fisheries development, modern marine aquaculture technology transfer, ocean plastic waste management, human resource training, and seafood trade promotion.”
Mr. Thang emphasized the substantial potential for fisheries investment and trade between the two countries and proposed that South Korea introduce businesses to invest in Vietnam’s marine aquaculture sector. South Korea is currently the largest foreign investor in Vietnam, with more than 9,700 FDI projects, and the country’s third-largest trading partner.
Vietnam expressed interest in adopting environmentally friendly, industrial-scale cage farming technology and invited South Korean businesses to invest through public-private partnership (PPP) models.
He pledged to direct the effective implementation of the MoU and related cooperation programs, and extended an invitation for Minister Chun to visit Vietnam to explore opportunities and discuss strategic directions for elevating the partnership.
Minister Chun welcomed the Vietnamese delegation and praised the country’s abundant marine potential and its role in global seafood trade.
He noted that relations have steadily advanced since the first cooperation MoU was signed in 2002. The latest MoU, he said, is an important milestone that will usher in broader and deeper cooperation in the fisheries sector.
Acting Minister of Agriculture and Environment of Vietnam Tran Duc Thang held a bilateral meeting with South Korean Minister of Oceans and Fisheries Chun Jae-soo. (Photo: Thanh Nguyen).
Minister Chun affirmed South Korea’s readiness to transfer technology, including the application of artificial intelligence in fisheries, expand training programs, and transfer modern technical expertise to Vietnam.
Both sides agreed to intensifying cooperation in marine aquaculture, sustainable fisheries development, and the sharing of technology for catch monitoring and traceability to address the EU’s IUU yellow card, and expanding seafood trade and investment for the 2026–2030 period.
Since establishing diplomatic ties more than 30 years ago, Vietnam and South Korea have upgraded their relationship to a comprehensive strategic partnership, achieving notable successes in multiple sectors. South Korea is Vietnam’s largest foreign investor, with total registered capital nearing USD 85 billion. In 2024, bilateral trade reached USD 82.1 billion, with seafood accounting for over USD 890 million, more than USD 800 million from Vietnam’s exports.
(seafood.vasep.com.vn) Vietnamese seafood exports recorded impressive growth, generating nearly 6 billion USD in revenue during the first six months of the year, up 13% compared with the same period last year.
(seafood.vasep.com.vn) Fishermen in Ha Tinh are gradually overcoming difficulties to maintain the efficiency of seafood exploitation. In the first six months of 2026, the entire province achieved a production of more than 23,000 tons of seafood, worth more than 1,200 billion VND.
(seafood.vasep.com.vn) June 2026 brought encouraging signs for Vietnam's tuna exports, with export value rising 20% year-on-year to nearly USD 72 million. However, this increase has yet to offset the prolonged slowdown seen in key markets such as the European Union (EU), where import demand remains weak. The outlook for the second half of the year is expected to become more challenging as freight rates continue to climb.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.
(seafood.vasep.com.vn) The Cooking Show will be one of the most engaging experiential highlights of Vietfish 2026. Taking place over three days, from August 19–21, 2026, at Hall B1, SECC, Ho Chi Minh City, the event will offer visitors a vibrant culinary space where Vietnamese seafood is showcased through its flavors, stories, and real-life culinary applications.
(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.
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