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
The Vietnam Association of Seafood Exporters and Producers (VASEP) officially announces that the Vietnam International Seafood Exhibition (Vietfish 2026) will take place from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City.
(seafood.vasep.com.vn) Vietnam’s seafood exports recorded strong growth in the first half of 2026, but the performance was increasingly uneven across products, markets and enterprises. VASEP’s newly released premium report provides the detailed data and analysis needed to understand what lies behind the headline figures and prepare for the more challenging months ahead.
(seafood.vasep.com.vn) Brazil remains one of the key markets for Vietnamese pangasius in South America. However, exports to the market showed signs of slowing in the first half of 2026, while frozen pangasius fillets continued to account for the overwhelming majority of exports.
(seafood.vasep.com.vn) Marking 27 years of supporting Vietnam’s seafood industry, the Vietnam International Seafood Exhibition (VIETFISH 2026) will officially return from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, on its largest scale ever. Under the core theme “Innovation – Sustainability,” the event promises to provide a comprehensive picture of the transformation of Vietnam’s seafood industry toward greater value addition and sustainable development.
(seafood.vasep.com.vn) With less than three weeks remaining, the Vietnam Fisheries International Exhibition – Vietfish 2026 will officially take place from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Under the theme "Innovation – Sustainability," Vietfish 2026 will provide a comprehensive networking platform for seafood businesses, buyers, distributors, industry experts, government agencies, and domestic and international visitors.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition – Vietfish 2026, the technical seminar “Green and Sustainable Technology Solutions for the Aquaculture and Seafood Processing Value Chain” will take place from 09:30 to 11:45 on August 20, 2026, at Convention Room B, Level 2, SECC, Ho Chi Minh City. The seminar is jointly organized by VASEP, the Department of Fisheries and Fisheries Surveillance, and the Royal Norwegian Embassy in Vietnam, focusing on technological innovation and sustainable transformation across Vietnam’s seafood value chain.
(seafood.vasep.com.vn) Market fluctuations, rising production costs, and increasingly stringent requirements from export markets are placing growing pressure on the shrimp industry. In response, Vinh Long Province is promoting high-tech shrimp farming integrated with production–consumption value chains to improve efficiency, reduce risks, and enhance the industry's value.
(seafood.vasep.com.vn) Vietnam's tilapia exports to Japan posted strong growth in the first half of 2026, while a promising new trend has emerged in the value-added product segment. Notably, Vietnamese tilapia fillets have been exported to Japan for use in sushi and sashimi, creating new opportunities to enhance the value of the industry in one of the world's most demanding seafood markets.
(seafood.vasep.com.vn) After a relatively sluggish first quarter, Vietnam's exports of fish cakes and surimi showed a clearer recovery in the second quarter, particularly in June. Export value in the first six months of 2026 reached USD 148 million, down 2% year on year. However, the newly imposed 12.5% additional U.S. tariff on Vietnamese goods, intensifying competition in Northeast Asia, and increasingly stringent traceability requirements in the EU are making the outlook for the second half of the year more uncertain.
(seafood.vasep.com.vn) In June 2026, Vietnam's shrimp exports reached nearly USD 458 million, up 24% year-on-year. In the first six months of 2026, export value totaled USD 2.35 billion, an increase of 14.2% compared with the same period last year. Growth was driven mainly by the Chinese market and the strong performance of lobster exports, while shrimp exports continued to face pressure from U.S. tariffs and rising logistics costs.
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