All the main markets of this pangasius export enterprise recorded a good recovery. In particular, revenue in the Chinese, US, and European markets increased by 259%, 59%, and 33%, respectively, compared to January 2023. Revenue in the domestic market also increased by 137%.
Regarding products, the pangasius segment contributed nearly half of total revenue with 448 billion VND, an increase of 64% over the same period. The by-product segments, other products, and shrimp chips also grew strongly, at 226%, 142%, and 78%, respectively.
Sale of the the healthcare segment was at VND 74 billion, up 239% over the same period last year.
According to the Association of Seafood Exporters and Producers (VASEP), it is forecast that Vietnam's seafood exports will recover and increase sharply in the second half of the year. With adaptation and adjustment to the market context, seafood businesses are predicted to help the industry's export sales recover to 9.5–10 billion USD in 2024. In particular, the shrimp sector aims to reach 4 billion USD, pangasius reach about 1.9 billion USD, and the remaining seafood products are expected to earn about 3.6–3.8 billion USD.
According to assessments by some financial organizations, global pangasius demand is forecast to recover on a large scale in the second half of this year. Meanwhile, the supply of pangasius in Vietnam is expected to fall into a shortage.
These factors are expected to help pangasius export prices recover positively soon after a sharp decline in 2023. Thereby, it boosts the business results of pangasius export enterprises such as Vinh Hoan.
However, current tensions in the Red Sea are causing difficulties in transporting export goods in general and seafood products in particular because of increased shipping costs. Rising selling prices for consumers will greatly affect their purchasing decisions.
(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.
(seafood.vasep.com.vn) In the first four months of 2026, Vietnam’s tilapia exports reached USD 49 million, up 151% compared to the same period in 2025. This impressive growth reflects positive momentum in the tilapia sector, with Brazil emerging as a key driver of growth, while frozen tilapia fillets continued to be the industry's leading export product.
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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