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
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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