Ms. Nguyen Thi Thu Nguyet, Deputy General Director of Directorate of Fisheries, said that by 2022, the growth rate of seafood production value will increase by 3% compared to 2021, the total output will reach 9.06 million tons, an increase of 3.1% compared to 2021. In which, fishing output reached 3.86 million tons; farming reached 5.19 million tons.
Notably, seafood export turnover in 2022 is estimated to reach a record of about 11 billion USD, up 23.8% over the same period in 2021 (8.89 billion USD) and 22.2% compared to the target of $9 billion. In which, export turnover of brackish water shrimp reached 4.1-4.2 billion USD (up nearly 13% compared to 2021); pangasius reached 2.35 billion USD (up nearly 70% compared to 2021).
However, in 2023, the seafood industry will face many difficulties and challenges. Firstly, difficulty in removing the IUU yellow card. Secondly, according to the latest assessment of the World Bank (WB), global growth will slow down in 2023, thus, affecting all import markets. Along with that is the challenge of standardizing the domestic production process, especially in terms of data to serve the industry's production.
The business representative, Ms. Le Hang, Communications Director of VASEP, said that market advantages in the fourth quarter of 2022 and the first quarter of 2023 will no longer exist. This is because inflation has heavily affected the world consumption demand , reducing exports in the first quarter of 2023.
“Currently, orders have dropped sharply, many businesses have not received orders for the first quarter of 2023. We also hope that from the second quarter or at least the second half of 2023, the world economy will gradually recover, market demand will increase, then we will have the opportunity to boost exports again. ", Ms. Le Hang said. She recommended businesses to prepare raw materials and resources, ready to return to production when the market recovers.
The seafood export turnover in 2022 has reached the highest turnover in recent years of 11 billion USD, making Vietnam's seafood industry the third largest seafood exporter in the world. Mr. Phung Duc Tien, Deputy Minister of Agriculture and Rural Development, said that this result reflects the effort of stakeholders in the supply chain of the seafood industry, including seafood processing and exporting enterprises.
"Export value is estimated at 11 billion USD, a record level in history. This will be the foundation for the Ministry to direct the Directorate of Fisheries in its management tasks in early 2023, when the world economy is forecasted to face many difficulties", emphasized Mr. Phung Duc Tien.
In 2023, the fisheries industry set the target total aquaculture area of 1.3 million hectares; total seafood production of about 8.74 million tons and export turnover of about 10 billion USD. Mr. Phung Duc Tien said that the economy in general and fisheries in particular have faced difficulties since August 2022. On the basis of analyzing the achieved results, difficulties and challenges that the industry will face, the Ministry of Agriculture and Rural Development will direct the Directorate of Fisheries to implement solutions close to the actual situation to ensure sustainability and growth momentum to reach set export turnover.
At the same time, Deputy Minister Tien requested the fisheries industry to continue to strengthen the work of information and communication to the fishing community, businesses and related parties to stay fully, accurately and timely updated about the situation of combating illegal, unreported and unregulated (IUU) fishing. In addition, the industry should consider the IUU "yellow card" as an opportunity to change mindsets and develop more sustainably.
Compiled by Thuy Linh
(seafood.vasep.com.vn) On February 4, a working delegation led by the Authority of Telecommunications (Ministry of Science and Technology) met with the Management Board of Cat Lo Fishing Port (Phuoc Thang Ward, Ho Chi Minh City) to comprehensively review the installation of Vessel Monitoring Systems (VMS), assess signal connectivity, and evaluate the effectiveness of information technology applications in fisheries management across the city.
(seafood.vasep.com.vn) The year 2025 marked a significant milestone for China’s lobster market, with total imports reaching a record high and the supply structure undergoing major changes. Amid this surge, Vietnam’s lobster exports—especially green lobster—accelerated dramatically, reaching new highs and contributing substantially to Vietnam’s overall record shrimp export value.
(seafood.vasep.com.vn) With a range of synchronized solutions, from institutional improvements and strengthened communication to strict fleet control, Quang Ninh is stepping up efforts to combat illegal, unreported and unregulated (IUU) fishing, determined to join the country in soon having the European Commission’s (EC) “yellow card” lifted.
(seafood.vasep.com.vn) The year 2025 closed with a remarkable milestone for Vietnam’s shrimp industry. According to Vietnam Customs, the country’s total shrimp export turnover in 2025 reached USD 4.6 billion, up 19% compared to 2024 and the highest level ever recorded.
(seafood.vasep.com.vn) During the 2026–2030 period, Quang Tri province aims to convert 771 fishing vessels currently engaged in activities detrimental to marine resources and the ecological environment to more environmentally friendly fishing practices or shift entirely to other economic sectors.
(seafood.vasep.com.vn) 2025 recorded a breakthrough growth in Vietnam’s tilapia exports, in which the U.S market emerging as the primary growth driver. The total export turnover of Vietnamese tilapia to the United States reached $53.15 million during the year, surging 173% year-on-year and accounting for 54% of Vietnam’s total tilapia export value, thereby making the U.S the largest import market for this commodity. Compared to 2024, tilapia exports to the U.S posted robust growth, reflecting the import demand as well as the ability of Vietnamese enterprises to capitalize on market opportunities amidst volatile global competitive dynamics.
(seafood.vasep.com.vn) After two consecutive years of decline, Vietnam’s fish cake and surimi exports rebounded in 2025. Export turnover of this product group exceeded USD 344 million, up 15% year-on-year compared with 2024 and 13% higher than 2023, although still below the peak level recorded in 2022.
(seafood.vasep.com.vn) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.
(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.
(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.
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
