Nam Viet (ANV) led the growth race with net revenue reaching VND 2 trillion, up 49% year-on-year, and post-tax profit attributable to shareholders of the parent company soaring to VND 283 billion—10 times higher than the same period last year. Over the first nine months, ANV’s profit totaled VND 747.9 billion, reflecting its effective cost control and improved production efficiency.
Vinh Hoan Corp maintained its leading position in the pangasius sector with Q3 revenue of VND 3.471 trillion, up 6%, and net profit of VND 433 billion, up 35%. Stable profit margins indicated efficient processing and export activities despite cost and exchange rate pressures.
Sao Ta (FMC) recorded net revenue of VND 2.984 trillion, up 5.3%, and gross profit of VND 418 billion, up 36%, driven by its focus on value-added products. Net profit reached VND 97.2 billion, up 22%, bringing the nine-month total to VND 207 billion, a slight increase of nearly 6%.
Bentre Aquaproduct Import And Export Joint Stock Company drew attention with Q3 revenue of VND 192.7 billion, up 27%, and post-tax profit of VND 40.2 billion, doubling from last year. For the first nine months, ABT earned VND 123.6 billion in profit—three times higher year-on-year—completing 142% of its annual plan, showcasing strong operational management.
Cuu Long Fish Joint Stock Company also reported solid growth, with Q3 revenue of VND 542 billion, up 30.5%, and net profit of VND 14 billion—four times that of 2024. Its nine-month profit reached VND 22.6 billion, doubling from the same period last year.
The most remarkable comeback was seen at Minh Phu (MPC), the “shrimp king,” which returned to profitability after losses in 2024. Although its revenue dipped slightly to VND 3.782 trillion, gross profit jumped 56% to VND 600.5 billion. Net profit reached VND 223.1 billion, a sharp reversal from the VND 93.9 billion loss a year earlier. Over the first nine months, MPC earned VND 401.7 billion in profit, fulfilling 40% of its annual target.
Overall, Q3/2025 demonstrated a robust recovery across Vietnam’s seafood industry, with improved margins, tighter cost control, and a strategic shift toward higher value-added products. However, to sustain growth in Q4, companies will need to stay agile in responding to fluctuations in raw material prices, exchange rates, and import demand in major markets.
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
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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Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
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