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) On July 9, 2026, the Embassy of Vietnam in Brazil organized the seminar titled “Sharing Information on Vietnam-Brazil Economic, Trade and Investment Relations in the First Half of 2026” to provide updates on bilateral cooperation and strengthen connections among government agencies, industry associations, and business communities of the two countries.
(seafood.vasep.com.vn) Seafood exports in the first 6 months of the year continued to be a bright spot with a total turnover of 5.7 billion USD, an increase of 11.4% compared to the same period last year. By commodity group, seafood is one of the three groups with a trade balance in the first 6 months of 2026 in a surplus state with 4.13 billion USD, an increase of 17%.
(seafood.vasep.com.vn) For many years, Vietnam’s seafood industry has been recognized as one of the country’s key export pillars. Products such as shrimp, pangasius, tuna, squid, octopus, and a wide range of other seafood have reached hundreds of markets worldwide. Yet behind these impressive export figures lies a significant challenge: a substantial share of Vietnam’s seafood export value still comes from minimally processed products, contract manufacturing, and raw material exports—segments characterized by low profit margins and high vulnerability to fluctuations in global prices.
(seafood.vasep.com.vn) In the context of a global economy shifting powerfully toward green and sustainable values, Vietfish 2026 is far more than just a commercial trade fair. It has become a strategic rendezvous and a "comprehensive ecosystem"—a convergence of value, knowledge, and sustainable growth opportunities for the entire industry chain.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to Colombia continued their strong upward momentum in May 2026. Export value to the market reached USD 4 million, up 24% compared to the same month in 2025. Cumulative exports in the first five months of 2026 totaled USD 24 million, an impressive 48% increase year-on-year.
(seafood.vasep.com.vn) Hai Phong's aquaculture sector is accelerating the adoption of high technologies in aquaculture to adapt to climate change, with red tilapia and tilapia identified as the key cultured species for priority development.
(vasep.com.vn) Vietnam’s seafood exports reached nearly US$1.1 billion in June 2026, up 21.0% year-on-year. Cumulative exports in the first half of 2026 totaled nearly US$5.8 billion, representing a 12.8% increase compared with the same period last year. Exports to China and Hong Kong continued to accelerate, while shipments to the United States rebounded strongly in June. In contrast, exports to the EU, Japan, and the Middle East remained sluggish or recorded slight declines.
(vasep.com.vn) Tilapia is playing an increasingly important role in Vietnam’s aquaculture sector, driven not only by growing market opportunities but also by its ability to meet increasingly stringent requirements on quality, food safety, and traceability. In practice, tilapia farming in Vietnam is not a spontaneous or loosely regulated activity; rather, it operates under a comprehensive legal and technical framework covering the entire value chain—from hatcheries and farming to processing and exports.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 1.9 billion in the first five months of 2026, up 12% compared with the same period last year. Amid continued volatility in the global seafood market, this result demonstrates that the shrimp sector has maintained positive growth momentum, supported by improving demand in several Asian markets, particularly China.
(seafood.vasep.com.vn) On June 16, the Department of Agriculture and Environment of Ca Mau Province announced that the locality has established a farming area code for nearly 30,400 hectares of mud crab aquaculture and granted export facility codes to five enterprises eligible to export mud crab officially to markets such as China, Cambodia, Singapore, and the United Arab Emirates (UAE).
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