According to experts, in 2021, the recovery in consumption demand in export markets will support the growth momentum of seafood products. With the expectation that countries will have better control of the epidemic, seafood consumption will strongly recover with the return of restaurants and schools that take a large proportion in distribution channels. At the same time, seafood traders will increase imports again thanks to their need for inventory in the second half of 2020 and in 2021. It is forecasted that Vietnam will continue to increase shrimp production in 2021, reaching about 730,000 tons, up by 4%. The stable supply of shrimp will be an advantage for Vietnamese shrimp exporters to continue increasing their share in markets.
In addition, shrimp exports to the EU market, which is accounting for 21% of the total value of Vietnamese shrimp exports, are expected to be actively supported by the Free Trade Agreement between Vietnam and the European Union (EVFTA), which has been put into effect since 1 August 2020. Then, import tax on frozen raw shrimp will immediately decrease to 0% when the Agreement comes into effect, while the tax for processed shrimp will be gradually reduced to 0% after 7 years of the Agreement's entry into force, specifically since January 1, 2027. The tax rate of 0% for raw shrimp will significantly boost the competitive advantage of this product in the EU market. Meanwhile, in 2021, the tax rate for processed shrimp will still be 7% - equal to the preferential tax rate GSP is currently getting. Therefore, Vietnam's processed shrimp products have not yet gained advantages from EVFTA. Besides the positive prospects, Vietnamese shrimp exporters will face risks if anti-dumping tax rates to the US market increases during the 14th administrative review period (POR14). However, analysts still expect Vietnamese shrimp products to continue receiving the 0% anti-dumping tax rate on the US market as demonstrated in the last review - POR 13. For pangasius, the production in Vietnam is also forecasted to continue to increase, while the output and export prices depend heavily on the purchasing power of consumers in the main consumption channels. Experts expect pangasius exports to recover, thanks to the gradually larger demand after a period of close down of estaurants, hotels and resorts since the COVID-19 epidemic in main export markets such as China, the US, EU, ... are getting into control. The advantages of lower selling price compared to substitute products and the efforts of Vietnamese pangasius businesses to increasingly focus on value-added processed products, fully meeting the conditions for food safety and hygiene, traceability will contribute to boosting the export value of Vietnamese pangasius by 2021. The price of raw fish is not affordable enough for people to expand the farming area, making the supply of pangasius difficult to expand in 3 – 6 coming months. With the expectation that demand will gradually improve with supply not expanding in time (farmers usually take 3 - 6 months from stocking to harvest fish), pangasius export price is expected to be more positive in 2021 with a 10% increase.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
(seafood.vasep.com.vn) In 2025, the fisheries sector continued to stand out as a bright spot in Ca Mau’s economic landscape, maintaining positive growth in both output and value.
(seafood.vasep.com.vn) By the end of November 2025, Vietnam’s total pangasius export turnover had exceeded the $2 billion threshold, registering a 9% compared with the same period in 2024. In November alone, pangasius exports reached $195 million, also posting a 9% increase year-on-year, underscoring a stable recovery trajectory for the sector in the final months of the year.
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(seafood.vasep.com.vn) An Giang is focusing on expanding climate-adaptive marine aquaculture models, aiming for safe and sustainable production. This approach not only enhances economic efficiency but also helps fishermen stabilize their livelihoods amid weather fluctuations.
(seafood.vasep.com.vn) In the first 10 months of 2025, Vietnam’s pangasius export value to China (including Mainland China and Hong Kong) reached $483 million, up 1% compared to the same period in 2024. October alone posted $73 million, a strong 19% increase year-on-year. The Chinese market currently accounts for nearly 27% of Vietnam’s total pangasius export value.
(seafood.vasep.com.vn) According to data from Vietnam Customs, the country’s lobster exports posted another strong month in October 2025, reaching $93 million - a 75% increase from the same month in 2024. This performance extends the sector’s impressive growth streak from earlier in the year, pushing cumulative exports for the first 10 months to $712 million, up an extraordinary 135% year-over-year. Within the product mix, green lobster remained the dominant driver, accounting for 98% of total export value, with $700 million recorded in the first 10 months - a 141% jump year-on-year. In contrast, exports of spiny lobster and other lobster varieties declined slightly by 22% and 1%, respectively, indicating that market demand is becoming increasingly concentrated on the most sought-after product line.
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
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