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
The Vietnam Association of Seafood Exporters and Producers (VASEP) officially announces that the Vietnam International Seafood Exhibition (Vietfish 2026) will take place from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City.
(seafood.vasep.com.vn) Vietnam’s seafood exports recorded strong growth in the first half of 2026, but the performance was increasingly uneven across products, markets and enterprises. VASEP’s newly released premium report provides the detailed data and analysis needed to understand what lies behind the headline figures and prepare for the more challenging months ahead.
(seafood.vasep.com.vn) Brazil remains one of the key markets for Vietnamese pangasius in South America. However, exports to the market showed signs of slowing in the first half of 2026, while frozen pangasius fillets continued to account for the overwhelming majority of exports.
(seafood.vasep.com.vn) Marking 27 years of supporting Vietnam’s seafood industry, the Vietnam International Seafood Exhibition (VIETFISH 2026) will officially return from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, on its largest scale ever. Under the core theme “Innovation – Sustainability,” the event promises to provide a comprehensive picture of the transformation of Vietnam’s seafood industry toward greater value addition and sustainable development.
(seafood.vasep.com.vn) With less than three weeks remaining, the Vietnam Fisheries International Exhibition – Vietfish 2026 will officially take place from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Under the theme "Innovation – Sustainability," Vietfish 2026 will provide a comprehensive networking platform for seafood businesses, buyers, distributors, industry experts, government agencies, and domestic and international visitors.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition – Vietfish 2026, the technical seminar “Green and Sustainable Technology Solutions for the Aquaculture and Seafood Processing Value Chain” will take place from 09:30 to 11:45 on August 20, 2026, at Convention Room B, Level 2, SECC, Ho Chi Minh City. The seminar is jointly organized by VASEP, the Department of Fisheries and Fisheries Surveillance, and the Royal Norwegian Embassy in Vietnam, focusing on technological innovation and sustainable transformation across Vietnam’s seafood value chain.
(seafood.vasep.com.vn) Market fluctuations, rising production costs, and increasingly stringent requirements from export markets are placing growing pressure on the shrimp industry. In response, Vinh Long Province is promoting high-tech shrimp farming integrated with production–consumption value chains to improve efficiency, reduce risks, and enhance the industry's value.
(seafood.vasep.com.vn) Vietnam's tilapia exports to Japan posted strong growth in the first half of 2026, while a promising new trend has emerged in the value-added product segment. Notably, Vietnamese tilapia fillets have been exported to Japan for use in sushi and sashimi, creating new opportunities to enhance the value of the industry in one of the world's most demanding seafood markets.
(seafood.vasep.com.vn) After a relatively sluggish first quarter, Vietnam's exports of fish cakes and surimi showed a clearer recovery in the second quarter, particularly in June. Export value in the first six months of 2026 reached USD 148 million, down 2% year on year. However, the newly imposed 12.5% additional U.S. tariff on Vietnamese goods, intensifying competition in Northeast Asia, and increasingly stringent traceability requirements in the EU are making the outlook for the second half of the year more uncertain.
(seafood.vasep.com.vn) In June 2026, Vietnam's shrimp exports reached nearly USD 458 million, up 24% year-on-year. In the first six months of 2026, export value totaled USD 2.35 billion, an increase of 14.2% compared with the same period last year. Growth was driven mainly by the Chinese market and the strong performance of lobster exports, while shrimp exports continued to face pressure from U.S. tariffs and rising logistics costs.
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