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,
(seafood.vasep.com.vn) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.
(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.
(seafood.vasep.com.vn) Shrimp and pangasius continued to lead growth, helping seafood exports reach $4.67 billion in the first five months of the year; however, differentiation among product groups and increasingly stringent requirements from importing markets are posing many challenges for the industry.
(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.
(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.
(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.
(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.
(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.
(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.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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