The country's seafood output increased by nearly 60% from 4.6 million MT in 2008 to 7.3 million MT in 2017, the average annual growth was 5%. Of that, aquaculture production accounted for 53%, capture output made up 47%.
Aquaculture output increased by 57% from 2.4 million MT to 3.8 million MT, the average annual growth was 5%. Aquaculture activities were mainly in the Mekong Delta (accounting for 95% of total pangasius production and 80% of total shrimp production)
Compared with 10 years ago, the seafood export turnover doubled from US$4.5 billion in 2008 to US$9 billion in 2018 with the average annual growth rate of 7%.
Of that, aquaculture (including 2 main species of shrimp and pangasius) took up 65-70% of seafood export value.
Shrimp exports accounted for the largest share with the highest and most stable growth. After 10 years, shrimp export turnover increased by nearly 2.5 times from US$1.6 billion to nearly US$3.9 billion with the average annual growth of 9%. Shrimp exports tended to account for a larger proportion of total seafood exports: from 36% to 50%.
Pangasius export value increased by 50% from US$1.4 billion in 2008 to about US$2.2 billion in 2018 with the average annual growth of 4%. However, the proportion decreased from 32% to 21%.
Exports of marine products picked up 30- 35% of total seafood exports with the unstable growth. The export turnover doubled from US$1.4 billion in 2008 to nearly US$3 billion in 2018 with the average annual growth of 7.5%.
Seafood is the fifth largest export item behind telephone, textiles, electronics, and footwear. Seafood accounted for 4-5% of the total export value of the country.
The fisheries brings over 4 million jobs to people. In particular, the processing and seafood export sector brings jobs to about 300,000 workers.
Resolution No. 24/2008/NQ-CP on 28th October 2008, promulgating the Government's Action Program to implement the Resolution of the 7th plenum of the 10th Party Central Committee on agriculture, farmers and rural areas, including the Aquaculture Development Scheme until 2020, approved by Decision 332/QD-TTg dated on 3rd March 2011. Accordingly, by 2020, aquaculture output expected to reach 4.5 million MT on an area of 1.2 million hectares; the export turnover expected to hit US$5.0-5.5 billion, creating jobs for about 3.5 million people.
Thus, by 2018, Vietnam’s seafood exports have exceeded 51% of target. Based on the current situation and supply - demand in the country and world markets, Vietnam's seafood exports by 2020 forecasted to touch about US$11.5 billion, doubling the target in Decision No. 332/QD-TTg on 3rd March 2011.
(vasep.com.vn) Vietnam’s seafood exports reached US$1.14 billion in August 2026, up 6.4% year on year, bringing the total for the first eight months to more than US$8.0 billion, an increase of 11.9%. Monthly export value remained above US$1 billion, but August growth was only around half the rate recorded cumulatively through the first eight months. This indicates that the eight-month result was supported significantly by stronger performance in earlier months, while market conditions are entering a less predictable period.
(seafood.vasep.com.vn) Pangasius is attracting growing interest from Japanese seafood companies as prices of many traditional whitefish species remain high and supply becomes increasingly volatile. Notably, seafood group Kyokuyo has recently continued to feature pangasius among its priority products, highlighting its competitive pricing and stable supply.
(seafood.vasep.com.vn) As Vietnam’s tilapia industry searches for new growth opportunities, venturing into brackish-water aquaculture could unlock a formidable competitive moat. Bypassing the volume-and-price bloodbath against established global heavyweights, Vietnam could differentiate itself through high-quality tilapia products tailored to specific farming conditions and value-added market segments.
(seafood.vasep.com.vn) 2026 is rapidly shaping up to be a formidable stress test for Vietnamese pangasius exports to the United States. While exports to alternative markets maintain a resilient growth trajectory, the U.S market has declined significantly. In the first eight months of the year, pangasius exports to the U.S fell by nearly 14% year-on-year, with August alone recording a decline of more than 50%. The trend shows that difficulties in the U.S. market are not driven solely by weak consumer demand, but also by multiple layers of trade barriers that are intensifying simultaneously, particularly additional import tariffs, anti-dumping duties and growing protectionism for the domestic catfish industry.
(vasep.com.vn) Vietnam’s pangasius exports to Japan are showing positive signals in 2026, indicating that the market is opening up greater opportunities for pangasius products, particularly processed and value-added products. In the first seven months of 2026, Vietnam’s pangasius exports to Japan reached US$31 million, up 20% year-on-year. In July alone, export value reached approximately US$5 million, up 30%.
On July 22, 2026, the Government issued Decree No. 292/2026/ND-CP detailing certain articles and providing measures for the organization and implementation of the Law on Foreign Trade Management. The Decree takes effect on September 5, 2026, replacing Decree No. 69/2018/ND-CP.
(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.
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