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) More than five years after the UK-Vietnam Free Trade Agreement (UKVFTA) took effect, Vietnamese seafood is steadily expanding its market share in the United Kingdom, one of Europe’s major seafood import markets with stable and diverse consumer demand.
(seafood.vasep.com.vn) At Van Hung Commune, Khanh Hoa Province, the Khanh Hoa Agricultural Extension Center, in collaboration with the Northern Aquaculture Research Center and the Van Hung Public Service Center, organized a technical training course on the industrial-scale production of disease-free golden pompano (Trachinotus falcatus) seed for local marine fish farmers.
(seafood.vasep.com.vn) Vietnam’s squid and octopus exports maintained a strong recovery in the first five months of 2026, reaching more than USD 302 million, up 17% compared to the same period in 2025. Growth was primarily driven by Asian markets, including South Korea, Japan, Thailand, and China, while exports to the United States and the European Union continued to face headwinds from cautious consumer demand and increasingly stringent compliance requirements.
Vietnamese seafood giant Minh Phu Group has inaugurated a VND1.5 trillion (US$57.4 million) seafood processing plant in Ca Mau Province.
(vasep.com.vn) From 19–21 August 2026, the Vietnam International Seafood Exhibition (Vietfish 2026) will take place at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Under the theme "Innovation – Sustainability", Vietfish 2026 continues to serve as Vietnam's flagship annual seafood event, bringing together seafood producers, exporters, importers, buyers, industry experts, government agencies, and stakeholders from across the domestic and global seafood value chain.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in May 2026, reaching USD 14 million, up 18% compared with the same month last year. Cumulative export value for the first five months of 2026 totaled USD 62 million, representing a remarkable 101% increase over the same period in 2025, highlighting the sector’s strong recovery in international markets.
(seafood.vasep.com.vn) Vietnam’s tuna exports reached USD 367 million in the first five months of 2026, down 7% compared to the same period in 2025. While the decline is not yet severe, the more concerning issue is that pressure is mounting in key markets such as the United States and the European Union, just as ocean freight rates are rising sharply on long-haul routes. The current situation is therefore not merely about slower orders, but rather a clear restructuring phase for Vietnam’s tuna industry.
(seafood.vasep.com.vn) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.
(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.
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