Nguyen Van Kich, General Director of Cafatex Group in Hau Giang province, a big shrimp cultivating area, has confirmed that since the beginning of the year,
“Not only collecting high quality shrimps, Chinese have accepted low quality products as well. ” he said.
“Chinese have been thirsty for shrimp materials that they come directly to the factories in Mekong Delta, offering commissions to ask factories collect shrimp for them,” he continued.
Chu Van An, Deputy General Director of Minh Phu Seafood Group, headquartered in Ca Mau province, has also said that Chinese businessmen now compete directly with Chinese to collect shrimp from farmers right at the shrimp ponds.
According to An, Chinese businessmen collect materials and inject impurities in shrimps to increase the sizes in order to be able to sell at higher prices. Meanwhile, Vietnamese companies, which specialize in making products for export to
The director of a big shrimp export company in Mekong Delta explained that in case of healthy competition, Vietnamese and
However,
The shrimp collection by Chinese businessmen has put big difficulties for Vietnamese seafood processors and exporters.
“I have heard that a lot of enterprises which signed the contracts with the Japanese and US partners on exporting shrimp products, now cannot collect materials for processing,” said Kich of Cafatex.
“They are now in the danger of breaking the contract because they cannot make deliveries on schedule,” he added. “They (Chinese) have collected all the shrimps, both big and small, high and low quality.”
An has warned that the scrambling of Chinese businessmen would not only harm Vietnamese exporters, but also the whole seafood industry as well.
“Vietnamese workers would lose their jobs, while potential partners like the US, Japan and South Korea tend to shift to place orders with other suppliers,” An said. “Authentic enterprises would suffer from the uncontrollable shrimp collection”.
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), black tiger shrimp is now selling at VND240,000 per kilo in Ca Mau (20 shrimp per kilo). The price is a bit lower for smaller size shrimp--about VND155,000 per kilo (30 shrimp per kilo). These are the 2-year price high.
Kich has warned that it is very risky to do business with
Truong Dinh Hoe from VASEP said that in the whole year 2012,
(vasep.com.vn) In the first quarter of 2026, Vietnam’s shrimp exports reached USD 1.069 billion, up 17.5% compared to the same period in 2025. This is a positive result amid an uneven global shrimp market recovery, intensifying competition among major suppliers, and continued volatility in the international trade environment. However, this growth does not reflect a broad-based recovery across the entire sector, but rather is driven mainly by strong performance in a few markets and specific product segments—most notably lobster exports to China.
(seafood.vasep.com.vn) Vietnam’s tuna exports continued to decline in March 2026. Cumulatively, in the first three months of the year, export value reached USD 208 million, down 4% compared to the same period in 2025. The export landscape shows clear divergence across markets: while the U.S. and EU remain challenging, markets such as Russia, the Middle East, Egypt, the Philippines, and Mexico have emerged as growth bright spots.
(seafood.vasep.com.vn) In Quang Ngai Province, shrimp farming costs are rising sharply due to लगातार increases in feed, fuel, and input material prices, while farm-gate shrimp prices are declining. This has significantly reduced farmers’ profit margins and increased production risks.
(seafood.vasep.com.vn) Vietnam’s tilapia exports are experiencing impressive growth, reflecting expanding global demand as well as the sector’s development potential. However, behind the strong growth figures lie limitations in production capacity and supply chains, highlighting the need for sustainable development in the coming period.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to the Middle East in 2025 and early 2026 have shown notable growth. However, escalating geopolitical tensions in the region have increasingly impacted export activities since March. This situation presents a challenge of balancing market expansion opportunities with rising trade risks.
(seafood.vasep.com.vn) The Quang Tri Department of Agriculture and Environment has instructed localities to base their stocking schedules on actual conditions in each farming area, while developing plans, allocating resources, and implementing synchronized measures for disease prevention and disaster risk management in aquaculture production.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s exports of fish cakes and surimi exceeded USD 45 million, up 7% compared to the same period in 2025, indicating a positive outlook for this product segment amid recovering demand in many markets.
(seafood.vasep.com.vn) During the week from April 4th to 10th, 2026, Quang Ngai province intensified its monitoring and law enforcement activities with the determination to eliminate illegal, unreported, and unregulated (IUU) fishing practices.
(seafood.vasep.com.vn) Thanh Hoa’s shrimp sector is undergoing a strong transformation by accelerating the adoption of high technology, helping to improve productivity, increase profits, and meet market demands. The province currently has about 4,100 hectares of shrimp farming, with output continuing to rise despite stable farming area, mainly due to the shift from traditional methods to intensive and super-intensive farming.
(vasep.com.vn) Amid ongoing volatility in global seafood trade, Vietnam’s crab exports have made a fairly positive start to 2026. According to Vietnam Customs statistics, export turnover in the first two months of 2026 reached nearly USD 55 million, up 24% compared to the same period in 2025 and more than 2.2 times higher than in the same period of 2024. This indicates that crab exports are entering 2026 with stronger growth momentum, particularly in Asian markets.
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
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Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
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