According to Mr. Truong Dinh Hoe - General Secretary of VASEP, seafood export price may continue to increase in the second half of the year. The market demand is still strong, especially after businesses got back to trade promotion activities and events such as the Seafood Expo North America in March and the Seafood Expo Global in April. Therefore, seafood exports may reach 9.5-10 billion USD this year, increases by 6-12% over the previous year.
In the positive scenery, many seafood businesses have annouced their April business results with strong growth as well as the forecasting growth for the second quarter.
As from Mr. Pham Hoang Viet – General Manager of Sao Ta Food Joint Stock company (FIMEX VN) – the member unit of PAN Group shared that the business situation in the second quarter are still on track with many positive. The profit of the company for the second quarter may exceed at least 20% comparing to the last year same period.
This year, FIMEX VN shrimp sector had set a target of increasing consolidated revenue by 11% to reach 5.290 billion VND, with the profit before tax of at least 320 billion VND, increasing 10.7%. Particularly in the first quarter, FIMEX VN recorded 1,328 billion VND in net revenue- an increase of 37%; the profit after tax of parent company shareholders is 41 billion VND, increasing by 36.6% compared to the first quarter of 2021. The company explained the increase in profit thanks to higher sales, raw material stockpiling and signing contracts that anticipate fluctuations in freight rates.
This year, 2 new factories come into operation (Sao Ta seafood factory/ Tam An shrimp processing line) with a capacity of about 25%/50% of the designed capacity will provide an additional 3,805 tons of shrimp production for the company. At the same time, the company plans to continue to expand by 52 hectares of farming areas this year and 48 hectares of farming areas in 2023. The expansion of 52 hectares this year will help the company to have about 1,700-2,000 tons of raw shrimp from home pond.
The expansion of the farming area will ensure the source of input materials for two new factories and focus on producing value-added shrimp products. Sao Ta's target market is still the US, EU and Japan.
Vinh Hoan Corp announced its April revenue (including Sa Giang Trading Ltd) reached VND 1,651 billion, a leap of 98% increase compared to 2021’s same period and 20% compared to last month. The driving force came from the US market, with the export value reached 983 billion VND - increased 240% over the same period in 2021 and 51% over the previous month. The revenue in April of this year was equivalent to nearly 70% of the revenue of the second quarter of 2021. Accumulating 4 months of 2022, the pangasius company recorded a total revenue of VND 4,924 billion, increased by 88% compared to the same period in 2021.
Similarly, Nam Viet Corp announced the April revenue of 433 billion VND, profit after tax of 116 billion VND; respectively increased by 6% and 68% compared to the monthly average in the first quarter. Gross profit margin of Nam Viet reached 37.9%, improved from 29.4% in the first quarter. April's profit was nearly five times higher than the low level of 23.7 billion VND recorded in the second quarter of 2021. Accumulated 4 months, the revenue is 1,644 billion VND, profit after tax is 323 billion VND. Gross profit margin reached 32%. With this result, the enterprise has completed 45% of the annual profit plan.
Compiled by My Hanh
(vasep.com.vn) Vietnamese pangasius producer Vinh Hoan has won the top prize at the 2026 Seafood Excellence Asia Awards for its Cured Panga Croquette, highlighting the growing potential of value-added pangasius products in international markets.
(vasep.com.vn) The Global Shrimp Forum (GSF) 2026 is taking place from September 1–3 in Utrecht, the Netherlands, bringing together around 585 delegates from 40 countries, representing approximately 300 companies and organizations across the shrimp supply chain. Representatives from VASEP are attending the event as part of the Vietnamese delegation, strengthening connections with partners across the global shrimp industry.
(vasep.com.vn) At the international B2B seminar (Hosted Buyer Program) held as part of Vietfish 2026, Mr. Nguyen Hoang Pham, Sales Director of Tai Kim Anh Seafood Processing Joint Stock Company, delivered a presentation entitled “Vietnam’s Shrimp Industry: Changing for Sustainability.” From the perspective of a seafood processor, the presentation highlighted that Vietnam’s shrimp industry continues to play a leading role in seafood exports, but is entering a new phase of competition in which change is no longer an option, but a prerequisite for growth.
(seafood.vasep.com.vn) VIETFISH 2026 may have concluded after three dynamic days in Ho Chi Minh City, but conversations around the exhibition continue to resonate across international trade media, industry organizations, and the social media channels of participating companies.
(seafood.vasep.com.vn) Vietnam’s tilapia industry is maintaining strong growth momentum, with significant room for further expansion in the coming years. In 2025, total tilapia production reached approximately 420,000 tonnes, up 33% from 2024 and 2.2 times higher than in 2015. During 2015–2025, production grew at an average annual rate of around 8.4%. As production and exports continue to expand, food safety control is receiving increasing attention to ensure product quality, meet the increasingly stringent requirements of international markets, and provide a foundation for the sustainable development of Vietnam’s tilapia industry.
(seafood.vasep.com.vn) On the afternoon of August 19, 2026, as part of the Vietnam International Seafood Exhibition – Vietfish 2026, the Hosted Buyer Program continued with the seminar “Vietnam Seafood Outlook 2026–2027: A Strategic Sourcing Destination,” followed by 1-to-1 B2B meetings between international buyers and Vietnamese seafood businesses.
(seafood.vasep.com.vn) Speaking at the Opening Ceremony of VIETFISH 2026 on August 19 at the Saigon Exhibition and Convention Center (SECC), U.S. Consul General Melissa Brown highlighted the important role of the exhibition in connecting Vietnam’s growing seafood industry with buyers, suppliers, and partners from the United States and around the world.
(vasep.com.vn) Tomorrow, August 19, 2026, the Vietnam International Seafood Exhibition – Vietfish 2026 will officially open at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Taking place over three days, from August 19–21, Vietfish 2026 promises to provide a dynamic platform for business networking, trend updates, product experiences and comprehensive cooperation across the domestic and international seafood community.
(vasep.com.vn) The global tilapia market continues to grow, creating significant opportunities for countries with strengths in aquaculture, processing, and exports. Against this backdrop, Vietnam’s tilapia industry is gradually developing toward higher quality, greater product diversification, and broader market reach. At Vietfish 2026, the Vietnam Association of Seafood Exporters and Producers (VASEP), together with the VASEP Tilapia Producers and Exporters Club, will host a joint booth to promote the image and potential of Vietnamese tilapia to domestic and international buyers.
(seafood.vasep.com.vn) Vietnam’s seafood exports are heading towards $12 billion this year, potentially the highest level on record. Yet one of the country’s export strengths is facing a growing list of challenges.
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
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn
