China and Hong Kong continued to be Vietnam’s largest pangasius importers. In February 2025, pangasius exports to this market reached USD 36 million, an increase of 56% compared to the same period last year. However, total exports to China & Hong Kong in the first two months of the year amounted to USD 67 million, reflecting an 11% decline year-on-year. This drop was primarily due to a significant decrease in January, as Vietnam observed an extended Lunar New Year holiday.
Countries benefiting from the CPTPP agreement emerged as Vietnam’s second-largest pangasius-consuming market, surpassing the U.S. In the first two months of 2025, pangasius exports to CPTPP markets reached USD 53 million, an increase of 42% year-on-year. Notably, in February 2025 alone, export value surged to USD 29 million, representing a remarkable 128% increase compared to February 2024.
Despite dropping to third place among Vietnam’s top pangasius export markets, shipments to the U.S. in February 2025 still reached USD 22 million, up 37% from February 2024. Cumulative exports to the U.S. for the first two months of the year totaled USD 39 million, reflecting a 16% increase year-on-year.
The U.S. remains a key market for Vietnam’s pangasius export industry. However, since the beginning of 2025, with Donald Trump’s official return to the White House and the swift implementation of “America First” policies, trade relations with Vietnam, including the pangasius sector, have been affected. Future developments remain uncertain, particularly regarding potential new tariffs and their impact on Vietnam’s pangasius industry. Meanwhile, the rising competitiveness of tilapia, especially from China, is becoming an increasingly pressing issue.
Vietnam’s pangasius exports to Brazil maintained a robust upward trajectory. In February 2025, export value reached USD 15 million, an impressive 159% increase compared to the same period last year. Cumulative exports to Brazil for the first two months of 2025 totaled USD 28 million, up 42% year-on-year.
Pangasius exports to the EU continued their positive growth trend, with February 2025 export value nearing USD 13 million, a 61% increase compared to February 2024. Cumulative exports to the EU for the first two months of the year reached USD 26 million, reflecting a 24% increase year-on-year. The Netherlands remained the largest importer of Vietnamese pangasius within the bloc, posting a 24% growth rate in the first two months of the year.
Vietnam’s pangasius exports in 2025 are expected to continue their growth trajectory, with farmers and fishermen serving as the driving force behind the industry’s aquaculture, processing, production, and export activities. However, new challenges are anticipated, including market dynamics, increased competition, and geopolitical factors. Despite these challenges, Vietnamese pangasius, with its delicious taste, high nutritional value, rich omega-3 content, and affordability, is well-positioned to sustain its success and win over consumers worldwide.
On July 22, 2026, the Government issued Decree No. 292/2026/ND-CP detailing certain articles and providing measures for the organization and implementation of the Law on Foreign Trade Management. The Decree takes effect on September 5, 2026, replacing Decree No. 69/2018/ND-CP.
(vasep.com.vn) Vietnamese pangasius producer Vinh Hoan has won the top prize at the 2026 Seafood Excellence Asia Awards for its Cured Panga Croquette, highlighting the growing potential of value-added pangasius products in international markets.
(vasep.com.vn) The Global Shrimp Forum (GSF) 2026 is taking place from September 1–3 in Utrecht, the Netherlands, bringing together around 585 delegates from 40 countries, representing approximately 300 companies and organizations across the shrimp supply chain. Representatives from VASEP are attending the event as part of the Vietnamese delegation, strengthening connections with partners across the global shrimp industry.
(vasep.com.vn) At the international B2B seminar (Hosted Buyer Program) held as part of Vietfish 2026, Mr. Nguyen Hoang Pham, Sales Director of Tai Kim Anh Seafood Processing Joint Stock Company, delivered a presentation entitled “Vietnam’s Shrimp Industry: Changing for Sustainability.” From the perspective of a seafood processor, the presentation highlighted that Vietnam’s shrimp industry continues to play a leading role in seafood exports, but is entering a new phase of competition in which change is no longer an option, but a prerequisite for growth.
(seafood.vasep.com.vn) VIETFISH 2026 may have concluded after three dynamic days in Ho Chi Minh City, but conversations around the exhibition continue to resonate across international trade media, industry organizations, and the social media channels of participating companies.
(seafood.vasep.com.vn) Vietnam’s tilapia industry is maintaining strong growth momentum, with significant room for further expansion in the coming years. In 2025, total tilapia production reached approximately 420,000 tonnes, up 33% from 2024 and 2.2 times higher than in 2015. During 2015–2025, production grew at an average annual rate of around 8.4%. As production and exports continue to expand, food safety control is receiving increasing attention to ensure product quality, meet the increasingly stringent requirements of international markets, and provide a foundation for the sustainable development of Vietnam’s tilapia industry.
(seafood.vasep.com.vn) On the afternoon of August 19, 2026, as part of the Vietnam International Seafood Exhibition – Vietfish 2026, the Hosted Buyer Program continued with the seminar “Vietnam Seafood Outlook 2026–2027: A Strategic Sourcing Destination,” followed by 1-to-1 B2B meetings between international buyers and Vietnamese seafood businesses.
(seafood.vasep.com.vn) Speaking at the Opening Ceremony of VIETFISH 2026 on August 19 at the Saigon Exhibition and Convention Center (SECC), U.S. Consul General Melissa Brown highlighted the important role of the exhibition in connecting Vietnam’s growing seafood industry with buyers, suppliers, and partners from the United States and around the world.
(vasep.com.vn) Tomorrow, August 19, 2026, the Vietnam International Seafood Exhibition – Vietfish 2026 will officially open at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Taking place over three days, from August 19–21, Vietfish 2026 promises to provide a dynamic platform for business networking, trend updates, product experiences and comprehensive cooperation across the domestic and international seafood community.
(vasep.com.vn) The global tilapia market continues to grow, creating significant opportunities for countries with strengths in aquaculture, processing, and exports. Against this backdrop, Vietnam’s tilapia industry is gradually developing toward higher quality, greater product diversification, and broader market reach. At Vietfish 2026, the Vietnam Association of Seafood Exporters and Producers (VASEP), together with the VASEP Tilapia Producers and Exporters Club, will host a joint booth to promote the image and potential of Vietnamese tilapia to domestic and international buyers.
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