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) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
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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