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) In the first eight months of 2026, Vietnam’s tuna exports to Lithuania surpassed $14 million, up 8% year on year. While the increase remains modest, it is notable given the continued pressure on Vietnamese tuna exports to the EU as a whole. More importantly, export turnover to Lithuania has shown a clearer recovery in recent months, making the market a destination worth monitoring for Vietnamese businesses in Europe.
(seafood.vasep.com.vn) Vietnam’s squid and octopus exports exceeded $527 million in the first eight months of 2026, marking a 15% year-on-year increase. This growth is particularly notable given the strong baseline established in 2025, when export turnover for the same period reached $458 million, a 13% rise from 2024.
(seafood.vasep.com.vn) Vietnamese pangasius is gaining traction in Japan, where competitive prices and reliable supplies have helped the fish enter professional distribution channels and a major sushi chain.
(vasep.com.vn) A circular economy does not create a “new type of shrimp” or a new certification. Its value lies in helping the shrimp value chain use resources more efficiently, stabilize production, generate additional value from by-products and build the data and evidence needed to meet increasingly stringent market requirements. This was the perspective shared by VASEP at the Public-Private Partnership (PPP) Forum on Promoting a Circular Economy in the Shrimp Industry in the Mekong Delta, held in Can Tho on September 21.
(vasep.com.vn) Vietnam’s pangasius exports to CPTPP markets reached $264 million in the first eight months of 2026, up 12% year-on-year and accounting for 17% of the nation’s total pangasius export turnover. In August alone, export value reached $34 million, inching up 3%.
(seafood.vasep.com.vn) Golden pompano is being selected as a high-value species for the development of high-tech marine aquaculture in Lam Dong Province. In 2026, the provincial Agricultural Extension Center launched a golden pompano farming model using circular HDPE cages in Lien Huong Commune, opening opportunities to apply technology to marine farming at a scale suited to local coastal conditions.
(vasep.com.vn) Vietnam’s shrimp exports reached $3.3 billion in the first eight months of 2026, up 12% year on year. However, growth momentum is moderating and market divergece is becoming more pronounced, while the US and EU continue to present significant challenges. The latest insights from the Global shrimp forum 2026 (GSF 2026), held in early September, also indicate that the final months of the year will remain highly competitive as global supply continues to expand and buyers place greater emphasis on quality, product specifications, supply consistency and the ability to meet market-specific demand.
(vasep.com.vn) Vietnam’s pangasius exports continued to grow in August 2026, bringing total export value in the first eight months of the year to US$1.5 billion, up 10% year-on-year. August exports alone reached US$205 million, up 6%. However, market performance has become increasingly divergent, with China and Brazil posting positive growth while the U.S. continued to record a sharp decline.
(vasep.com.vn) Vietnam’s seafood exports reached US$1.14 billion in August 2026, up 6.4% year on year, bringing the total for the first eight months to more than US$8.0 billion, an increase of 11.9%. Monthly export value remained above US$1 billion, but August growth was only around half the rate recorded cumulatively through the first eight months. This indicates that the eight-month result was supported significantly by stronger performance in earlier months, while market conditions are entering a less predictable period.
(seafood.vasep.com.vn) Pangasius is attracting growing interest from Japanese seafood companies as prices of many traditional whitefish species remain high and supply becomes increasingly volatile. Notably, seafood group Kyokuyo has recently continued to feature pangasius among its priority products, highlighting its competitive pricing and stable supply.
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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