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) In the first months of 2026, IUU prevention models focused on communication and mobilizing fishermen to comply with fisheries laws and avoid encroaching on foreign waters—related to combating illegal, unreported, and unregulated (IUU) fishing—have been implemented in coastal localities of Lam Dong province and have delivered initial positive results.
(seafood.vasep.com.vn) The sharp rise in raw pangasius prices to record levels is sending positive signals for the industry, but experts warn of potential supply–demand imbalances if production is not tightly controlled.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, the country’s total canned tuna export value in 2025 reached over USD 275 million, down 8% compared to 2024. Vietnamese canned tuna products were present in approximately 80 markets worldwide. However, the 2025 picture shows clear divergence: the U.S. maintained stability, the EU declined sharply, while several Middle East–North Africa (MENA) markets accelerated.
(seafood.vasep.com.vn) In 2025, Vietnam’s crab exports reached nearly USD 86 million, up almost 6% compared to 2024. A notable feature of 2025 was the strong market concentration in the United States, which accounted for more than 81% of Vietnam’s total crab export value, up 10% from the previous year. In contrast, exports to several Asian markets declined significantly, resulting in only modest overall growth for the year.
(seafood.vasep.com.vn) In 2025, Vietnam’s tilapia exports recorded impressive growth, with total export turnover reaching over USD 99 million, highlighting the increasingly important role of this product in the country’s seafood export structure. Of this total, tilapia fillets and other fish meat products accounted for USD 61 million, representing 61% of total export value and reaffirming their position as the key product category.
(seafood.vasep.com.vn) Shrimp seed quality is considered the “first link” and a decisive factor affecting the efficiency of the entire commercial shrimp production chain. High-quality seed directly influences survival rates, growth performance, and disease resistance, thereby determining production costs, productivity, and farmers’ profitability.
(seafood.vasep.com.vn) As part of its agricultural restructuring strategy toward sustainability, Quang Tri Province is gradually promoting environmentally friendly aquaculture models. Among these, organic-oriented golden pompano farming is considered a promising direction, aligned with the goals of enhancing production value and building sustainable rural areas.
(seafood.vasep.com.vn) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.
(seafood.vasep.com.vn) Amid the increasingly evident impacts of drought and saltwater intrusion, the shrimp-rice production model in Ca Mau province continues to prove itself as a viable direction, contributing to higher farmer incomes, improved soil conditions and the promotion of ecological and sustainable agricultural development.
(seafood.vasep.com.vn) The management of fishing vessels, monitoring of fishing activities, and handling of violations in the fisheries sector in Lam Dong province have continued to be implemented in a synchronized and stringent manner, contributing to raising awareness of legal compliance among fishermen and aiming to end illegal, unreported and unregulated (IUU) fishing.
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