Vietnam seafood sector expects to gain from Japan's stimulus policy

News 14:00 15/05/2013 502
Vietnam’s exports to Japan have been supported not only by bilateral and multilateral trade agreements, but also by the new economic stimulus package launched by the Japanese government worth $1.4 trillion.

Vietnam’s food and farm produce exports have advantages.

Nguyen Trung Dung, Vietnamese counselor to Japan, said that the economic stimulus package would help foster the Japanese economy, thus helping stimulate the domestic demand and production. This is really the good news for Vietnam, which considers Japan a big export market.

Japan is one of the three major export markets for Vietnam which consumed $13 billion worth of Vietnamese products in 2012, mostly footwear, seafood and farm produce.

However, according to Dung, the economic stimulus package, by the nature, is the monetary policy loosening, or the devaluation of the yen.

Since the Abe cabinet came to power, the Japanese yen has depreciated by 16 percent, which means that that imported goods have become more expensive for Japanese consumers. Vietnamese exports will have to compete fiercely with domestic products in the Japanese market.

The Japanese yen depreciation could be seen as a move of the Japanese government to boost the Japanese exports which have declined in recent years. Stimulating the domestic demand is now the top priority task for the Japanese government to recover the economy. Therefore, Vietnam would help the opportunities to import machines and equipments from Japan at lower prices.

Vu Tien Loc, Chair of the Vietnam Chamber of Commerce and Industry (VCCI), after analyzing Vietnamese and Japanese import and export items, has affirmed that Vietnam would get benefit from the Japan’s economic stimulus package.

Japan is the country which has a high demand for farm produce and consumer goods such as garments, footwear and processed food, which are all the advantageous export items of Vietnam.

“A lot of Vietnamese export items to Japan are not the advantageous products of the country, most of which cannot be made in Japan or made at very high production costs,” Loc said.

Loc also thinks that the wave of Japanese businesses making investment in Vietnam may become more obvious. Japanese investors now tend to make outward investment, set up production bases overseas which make products for export back to Japan.

However, Loc agrees that the consumption scale would determine the benefits for Japanese goods. The yen depreciation would make the imports more expensive. If the consumption scale is still big which can “offset” the goods price increases, Vietnam would benefit from the Japanese economic stimulus package.

Bạn đang đọc bài viết Vietnam seafood sector expects to gain from Japan's stimulus policy tại chuyên mục News của Hiệp hội VASEP

TIN MỚI CẬP NHẬT

Strengthen control over fishing vessels and trace the origin of harvested seafood.

 |  09:34 21/07/2026

(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.

Tilapia Exports Surge but Begin to Slow in June

 |  14:45 20/07/2026

(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.

Sa Giang Honored with "Famous Brand - Competitive Vietnamese Brand 2026" Certification

 |  14:48 18/07/2026

(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).

China has become the largest importer of Vietnamese seafood.

 |  12:47 17/07/2026

(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.

International Seafood Hosted Buyer Program at Vietfish 2026: Connecting Global Buyers with Vietnam's Value-Added Seafood Supply Hub

 |  17:35 16/07/2026

(seafood.vasep.com.vn) As part of Vietfish 2026, the International Seafood Hosted Buyer Program has been designed as a dedicated B2B matchmaking initiative for selected international buyers. The program provides opportunities to meet directly with Vietnamese seafood companies, gain market insights, and experience Vietnam's seafood supply chain firsthand.

Sustainable seafood solutions: ESG vision & net zero commitment at Vietfish 2026

 |  08:45 16/07/2026

(seafood.vasep.com.vn) A Story from Cà Mau’s Coast It’s 5 AM in Cà Mau. Minh, a third-generation fisherman, is ready to set sail. But unlike his father and grandfather, his boat no longer runs on an old diesel engine that burns fuel and clouds the sky with smoke. Instead, it’s powered by a hybrid engine that saves 40% fuel—funded by an ESG program from a major seafood exporter.

Pangasius industry shifts from volume growth to value creation

 |  10:21 14/07/2026

(seafood.vasep.com.vn) Vietnam's pangasius industry is shifting its focus from increasing production volume to enhancing value-added products in order to meet the increasingly stringent requirements of export markets. In An Giang Province—the country's leading hub for pangasius farming and processing—businesses and farmers are prioritizing product quality, traceability, food safety, and sustainable development rather than expanding output.

Vietnamese tuna maintains momentum in Sweden, but the market Is becoming more unpredictable

 |  08:55 12/07/2026

(seafood.vasep.com.vn) Following strong growth in 2025, Vietnam’s tuna exports to Sweden continued to edge higher during the first five months of 2026. However, the picture is far from straightforward. Orders have fluctuated significantly from month to month, indicating that this market remains cautious, with purchasing decisions closely tied to actual demand and the import cycles of Nordic distributors rather than to a steady upward trend.

China’s rising shrimp imports: Expanding opportunities amid intensifying competition

 |  08:56 10/07/2026

(seafood.vasep.com.vn) China’s shrimp imports in the first five months of 2026 continued to surpass the same period in 2025, indicating that demand in the world’s largest seafood-consuming market remains strong. However, behind the growth figures lies an increasingly competitive landscape: Ecuador dominates the competitively priced whiteleg shrimp segment, India remains the second-largest supplier, while Vietnam stands out in the lobster segment but still needs to strengthen its advantages through quality, traceability, and reliable supply.

Lobster is on its way to becoming a billion-dollar commodity.

 |  08:18 08/07/2026

(seafood.vasep.com.vn) Lobster exports to China continued to surge in the first half of this year, putting the lobster industry on the verge of reaching an export value exceeding $1 billion.

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

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC