The 2022 seafood export turnover is expected to reach the record of 11 billion USD. Particularly, shrimp export turnover reached 4.3 billion USD, pangasius reached 2.4 billion USD and tuna reached 1 billion USD. This result reflects the effort of businesses in the industry and at the same time shows the international preference for Vietnamese seafood and marine products.
135 million USD is the 2022 expected export revenue of Thuan Phuoc Corporation, an increase of about 35% compared to 2021. However, 2023 will be a challenging year for this company when setting the goal of maintaining the corresponding revenue level.
"Export sales slowed down when importers refused to order due to a serious decrease in the purchasing power in their country," said Tran Van Linh, Chairman of the Board of Directors of Thuan Phuoc Corp, Da Nang.
Leading experts make predictions and discuss solutions for the seafood industry 2023
This tough time will be the time for enterprises to restructure themselves, manage inventory, and invest carefully as the credit capital is limited. Currently, Vietnam's seafood processing industry has a certain position in the world, so enterprises are shifting to occupy high-end market shares to increase profit margins for processed products.
"We are more favorable in capturing the high-end market. In this segment, the profit margin is better, farmers are assured to maintain and expand the farming area. The situation would be worse in 2023, but the export turnover will not be lower than 2022", said Mr. Ho Quoc Luc, Chairman of the Board of Directors of FIMEX VN, Soc Trang.
According to the Ministry of Agriculture and Rural Development, in order to keep the growth momentum, the fishery industry strategy in 2023 will gradually shift from catching and fishing to farming and deep processing to maintain sustainable growth. Importantly, the improved life of farmers and fishermen will contribute to the successful implementation of the fisheries development strategy to 2030 approved by the Prime Minister.
"Sustainable development of seafood is the most fundamental, then doing well in conservation, high-tech processing, adding added value associated with market promotion, following a closed chain, we will have a sustainable development, affirming the achievement of set strategic goals", said Mr Phung Duc Tien, Deputy Minister of Agriculture and Rural Development.
The Ministry of Agriculture and Rural Development also set an aquaculture strategy from now to 2030 is 7 million tons/year. The aquaculture output in 2022 has reached over 4.7 million tons, up nearly 7.2% over the same period while the amount of catch was only 2.8 million tons, a decrease of 2.1%.
Compiled by Thuy Linh
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.
(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.
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