Since the UK-Vietnam Free Trade Agreement (UKVFTA) came into effect, shrimp and pangasius fish have dominated Vietnam’s seafood exports to the UK, accounting for 90% of the total export value, with shrimp leading the way.
The UKVFTA has emerged as a critical trade pact, unlocking opportunities for Vietnamese seafood to penetrate the UK market.
Effective from early 2021, the agreement has driven robust export growth through strategic and proactive market engagement.
Nguyen Hoai Nam, Secretary-General of the Vietnam Association of Seafood Exporters and Producers (VASEP), stated that UKVFTA has provided significant advantages for Vietnam’s seafood sector.
Key products, such as shrimp and pangasius, benefit from a 0% import tax, substantially easing their entry into the UK market.
Shrimp and pangasius currently represent 90% of Vietnam’s seafood export value to the UK, with shrimp contributing the lion’s share.
This impressive performance underscores the strong demand for these products in the UK.
The removal of tariff barriers has enhanced competitiveness and opened significant market share opportunities for Vietnamese businesses.
Challenges and solutions
To maximize the benefits of UKVFTA, Vietnamese seafood enterprises must improve their readiness, including securing raw materials, enhancing product quality, and strengthening supply chain capabilities.
Nam highlighted the importance of staying informed about market updates, food safety regulations, traceability, and social responsibilities.
While no longer part of the EU, the UK maintains strict quality and food safety standards similar to those of the bloc, requiring Vietnamese producers to adhere to longstanding production and processing standards.
VASEP has actively supported enterprises by updating regulations such as IUU (Illegal, Unreported, and Unregulated fishing controls) and providing market insights through its online platforms.
Collaboration with UK organizations like Seafish has further enabled Vietnamese businesses to track consumer trends and align products with UK market demands.
Administrative reform and legislative adjustments are equally vital.
VASEP emphasized that while trade agreements like UKVFTA offer advantages, businesses need macroeconomic policy support to optimize these benefits.
Vu Viet Thanh from the European-American Market Department (Ministry of Industry and Trade) echoed this sentiment, urging companies to leverage transparent data systems like the UK government’s trade databases to better understand the market.
Thanh also advised seafood exporters to ensure traceability, maintain rigorous food safety standards, and adopt advanced technology in production and processing to boost competitiveness.
Careful vetting of international partners and contract details is also essential for sustainable growth and minimizing risks in cross-border trade.
The UKVFTA has laid a solid foundation for Vietnam’s seafood industry in the UK market.
While the agreement offers unique opportunities, turning potential into success requires businesses to adopt intelligent market strategies and prepare for intense global competition.
Source: Vietnamnet
(vasep.com.vn) In the first eight months of 2026, Brazil became the largest market for Vietnamese tilapia, with export value reaching US$44 million, up 22,142% year-on-year and accounting for 49% of Vietnam’s total tilapia exports. In August alone, exports to Brazil reached US$4 million. However, behind this remarkable growth is a market that is imposing increasingly stringent requirements on imported supplies.
(vasep.com.vn) Vietnam’s tuna exports sustained their upward trajectory in August 2026, though the pace remained modest at just 2%. The month saw divergent trends across key markets: the US maintained its leading position, Japan and Canada improved, Russia surged and the EU continued to experience a steep downturn. These developments suggest that exporters are entering the final months of the year amid a market environment marked by greater uncertainty.
(seafood.vasep.com.vn) Congalsa has acquired the entire charter capital of Lenger Seafood Vietnam, giving it full ownership of the business and its Nam Dinh processing facility.
(seafood.vasep.com.vn) Ninh Binh Province is entering a peak period of action against illegal, unreported and unregulated (IUU) fishing, focusing on thoroughly addressing violations, closely monitoring fishing vessels at ports and preventing vessels from violating regulations and operating illegally in foreign waters ahead of the European Commission’s (EC) upcoming inspection in 2026.
(vasep.com.vn) The application of biotechnology in seed production is increasingly viewed as a strategic imperative to upgrade pangasius fingerling quality, optimize farming efficiency and anchor sustainable industry development.
(vasep.com.vn) On September 15, 2026, in Can Tho, VASEP and ASC jointly organized a training course titled “New ASC standards: updates and practical implementation guidance for farms, businesses and aquafeed mills”. Beyond briefing stakeholders on updated ASC requirements for aquaculture facilities and feed production, the workshop dedicated substantial floor time to directly addressing on-the-ground compliance bottlenecks encountered by Vietnamese enterprises.
(searfood.vasep.com.vn) Vietnam’s tilapia exports continued to post positive results in the first eight months of 2026, with total export value reaching US$90 million, up 43% year-on-year. However, exports in August alone stood at US$11 million, down 8%, reflecting uneven market developments. Brazil remained the leading market, while Japan recorded notable growth, opening up new opportunities for Vietnamese tilapia products.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.3 billion in the first eight months of 2026, up 12% year on year. However, growth has begun to slow and become more differentiated across markets, while the U.S. and EU continue to present significant challenges. The latest insights from the Global Shrimp Forum 2026 (GSF 2026), held in early September, also indicate that the final months of the year will remain highly competitive as global supply continues to expand and buyers increasingly focus on quality, product specifications, supply stability and the ability to meet market-specific demand.
(seafood.vasep.com.vn) In August 2026, Vietnam’s seafood exports reached $1.14 billion, up 6% year on year. Cumulative eight-month exports rose 11.8% to $8.00 billion, though momentum has cooled compared to the 12.8% growth seen through July. China - Hong Kong and ASEAN are offsetting weakness in the U.S, EU and partly Japan. This divergence will likely widen in Q4 as trade tariffs and traceability requirements directly weigh on new orders.
(seafood.vasep.com.vn) Vietnam–Russia relations are entering a new phase of cooperation, with a focus on expanding trade, investment and economic connectivity. Against this backdrop, tuna is emerging as one of the seafood products with significant growth potential in the Russian market. Export data for the first seven months of 2026 show strong growth in Vietnamese tuna exports to Russia. However, turning this momentum into sustainable market share will require businesses to address challenges related to logistics, payment and supply competition.
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
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
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