China and Hong Kong remain the largest consumers of Vietnam's pangasius exports. In October 2024, this market imported $61 million worth of pangasius, up 9% year-on-year. However, the total export value to China and Hong Kong in the first 10 months fell by 2% year-on-year to only $479 million.
Exports to the U.S. surged in the first month of the final quarter, with a 65% increase compared to the same period last year, amounting to over $35 million. Over the first ten months, total exports to the U.S. reached over $291 million, a 28% increase year-on-year. The re-election of President Donald Trump, who will begin his second term next year, is expected to introduce new import tax policies, potentially impacting pangasius imports. Guided by his "America First" agenda, “Make America Great Again” movement and focus on economic growth, Trump's policies could influence Vietnam's export sector, including pangasius. However, projections remain optimistic, with expectations of increased orders as the two nations maintain a comprehensive strategic partnership, complemented by specific tax incentives.
A preliminary conclusion from the 20th administrative review (POR20) revealed favorable results for Vietnamese exporters. Two mandatory respondents received anti-dumping tax rates of $0.00/kg, while six additional companies qualified for separate tax rates of $0.00/kg. This marks a significant improvement from the prior POR19 review, where tax rates ranged from $0.00/kg to $0.18/kg.
The CPTPP bloc remains Vietnam’s third-largest market for pangasius exports. Over the first ten months of 2024, exports to CPTPP member countries totaled over $224 million, reflecting an 11% increase year-on-year.
Meanwhile, exports to the European Union remained steady, growing slightly by 0.04% year-on-year to nearly $144 million. Certain EU countries, including Lithuania, Ireland, Italy, Belgium, Spain, Poland, and Portugal, reported double-digit growth in imports of Vietnamese pangasius.
Vietnam’s pangasius exports are poised to surpass the $2 billion mark in 2024. Year-end demand is expected to rise to meet demand for the Lunar New Year and New Year holidays. Additionally, concerns over potential tax adjustments in the U.S. are driving importers to expedite their purchases before President Trump’s inauguration.
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn