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.
Entering 2026, Vietnam’s seafood industry is facing a period of both high expectations and mounting pressures. Following the positive recovery in 2025, production and export activities in Q1/2026 demonstrated the strong adaptability of Vietnam’s seafood business community amid continued global trade volatility, intensifying international competition, and increasingly stringent compliance requirements in import markets.
(vasep.com.vn) In the first quarter of 2026, Vietnam’s shrimp exports reached USD 1.069 billion, up 17.5% compared to the same period in 2025. This is a positive result amid an uneven global shrimp market recovery, intensifying competition among major suppliers, and continued volatility in the international trade environment. However, this growth does not reflect a broad-based recovery across the entire sector, but rather is driven mainly by strong performance in a few markets and specific product segments—most notably lobster exports to China.
(seafood.vasep.com.vn) Vietnam’s tuna exports continued to decline in March 2026. Cumulatively, in the first three months of the year, export value reached USD 208 million, down 4% compared to the same period in 2025. The export landscape shows clear divergence across markets: while the U.S. and EU remain challenging, markets such as Russia, the Middle East, Egypt, the Philippines, and Mexico have emerged as growth bright spots.
(seafood.vasep.com.vn) In Quang Ngai Province, shrimp farming costs are rising sharply due to लगातार increases in feed, fuel, and input material prices, while farm-gate shrimp prices are declining. This has significantly reduced farmers’ profit margins and increased production risks.
(seafood.vasep.com.vn) Vietnam’s tilapia exports are experiencing impressive growth, reflecting expanding global demand as well as the sector’s development potential. However, behind the strong growth figures lie limitations in production capacity and supply chains, highlighting the need for sustainable development in the coming period.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to the Middle East in 2025 and early 2026 have shown notable growth. However, escalating geopolitical tensions in the region have increasingly impacted export activities since March. This situation presents a challenge of balancing market expansion opportunities with rising trade risks.
(seafood.vasep.com.vn) The Quang Tri Department of Agriculture and Environment has instructed localities to base their stocking schedules on actual conditions in each farming area, while developing plans, allocating resources, and implementing synchronized measures for disease prevention and disaster risk management in aquaculture production.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s exports of fish cakes and surimi exceeded USD 45 million, up 7% compared to the same period in 2025, indicating a positive outlook for this product segment amid recovering demand in many markets.
(seafood.vasep.com.vn) During the week from April 4th to 10th, 2026, Quang Ngai province intensified its monitoring and law enforcement activities with the determination to eliminate illegal, unreported, and unregulated (IUU) fishing practices.
(seafood.vasep.com.vn) Thanh Hoa’s shrimp sector is undergoing a strong transformation by accelerating the adoption of high technology, helping to improve productivity, increase profits, and meet market demands. The province currently has about 4,100 hectares of shrimp farming, with output continuing to rise despite stable farming area, mainly due to the shift from traditional methods to intensive and super-intensive farming.
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