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

Vietnam Food develops a green value chain from shrimp by-products

 |  10:40 11/06/2026

(seafood.vasep.com.vn) Every day, the seafood processing industry in Ca Mau generates large quantities of shrimp heads and shells during processing operations. In the past, these by-products were largely treated as waste, increasing production costs and posing potential environmental risks. However, thanks to advanced processing technologies, materials once considered waste are now being transformed into high-value products, creating a circular economy model within the seafood industry.

Vietnam Clean Seafood Corporation invests in a super-intensive shrimp farming zone in Can Tho

 |  10:24 10/06/2026

(seafood.vasep.com.vn) Vietnam Clean Seafood Corporation has invested in a 280-hectare super-intensive shrimp farming zone in Tran De Commune, Can Tho City, generating export value of approximately VND 3 billion per hectare per year—around 50 times higher than traditional agricultural production.

Vietnam’s seafood exports in the first five months of 2026 show positive growth, but second-half orders face uncertainties

 |  09:50 08/06/2026

(vasep.com.vn) Vietnam’s seafood exports reached USD 1.02 billion in May 2026, up 0.6% year-on-year. Cumulative exports in the first five months of 2026 totaled USD 4.67 billion, an increase of 11% compared to the same period in 2025.

VASEP published Report on Vietnam seafood exports in Q1/2026

 |  09:44 08/06/2026

(seafood.vasep.com.vn) In a rapidly changing global seafood market, timely insights and reliable data are more critical than ever. The Report on Vietnam Seafood Exports in Q1/2026 provides a comprehensive overview of the latest developments in Vietnam’s seafood production, trade performance, and export trends, helping businesses navigate uncertainty and identify new growth opportunities.

Russia emerges as a new growth driver for Vietnamese tuna exports

 |  09:36 06/06/2026

(seafood.vasep.com.vn) While many major markets continue to experience slow growth, Russia has emerged as a brighter destination for Vietnamese tuna exports in early 2026. Export turnover to this market increased by nearly 55% in the first four months of the year, indicating a clear improvement in demand. Nevertheless, Russia remains a market that should be viewed with both optimism and caution.

Vietnamese pangasius: from export recovery to the need for upgrading the value chain

 |  09:24 04/06/2026

(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.

Vietnamese tilapia accelerates growth, creating opportunities to upgrade product structure

 |  09:20 02/06/2026

(seafood.vasep.com.vn) In the first four months of 2026, Vietnam’s tilapia exports reached USD 49 million, up 151% compared to the same period in 2025. This impressive growth reflects positive momentum in the tilapia sector, with Brazil emerging as a key driver of growth, while frozen tilapia fillets continued to be the industry's leading export product.

Vietnam’s tuna market share in the UK expands while overall imports decline sharply

 |  08:50 31/05/2026

(seafood.vasep.com.vn) Vietnam’s tuna exports to the UK have shown positive signs in the first months of 2026. While the UK’s overall tuna imports from the world declined, imports from Vietnam increased strongly, indicating that there is still room for Vietnam to expand its market share. However, behind this growth, competitive pressure remains intense, especially as the UK continues to be a major market for established suppliers such as Ecuador, Mauritius, and Ghana.

Ca Mau pilots Biofloc technology in rice–shrimp farming models

 |  09:23 29/05/2026

(seafood.vasep.com.vn) Biofloc technology is being piloted in several rice–shrimp farming models in Ca Mau Province, showing initial positive results in controlling pond environments, improving shrimp seed quality, and supporting sustainable aquaculture development.

Latin America emerges as a growth driver for Vietnam’s pangasius exports

 |  09:21 28/05/2026

(seafood.vasep.com.vn) In the first four months of 2026, Mexico, Brazil, and Colombia together contributed USD 108 million to Vietnam’s pangasius exports, accounting for around 15% of the industry’s total export turnover. Amid tightening global whitefish supply and slowing demand in several traditional markets, Latin America is increasingly becoming an important expansion destination for the sector.

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