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) In March 2026, Vietnam’s tilapia exports recorded strong growth, reaching USD 15 million, up 109% compared to the same period in 2025. Cumulatively, in the first three months of 2026, export value reached USD 38 million, an increase of 174% year-on-year. This result highlights the sector’s robust expansion and reflects rapid growth across multiple markets.
(seafood.vasep.com.vn) In March 2026, Vietnam’s pangasius export value reached USD 182 million, up 1% compared to the same period in 2025. Cumulatively, exports in the first three months of 2026 totaled USD 514 million, an increase of 17% year-on-year, indicating that the growth momentum is being maintained despite signs of slowdown in some markets during March.
(seafood.vasep.com.vn) During peak heat periods, farmers raising pangasius, tilapia, and other freshwater fish in Dong Thap are implementing various technical measures to reduce risks and maintain stable production.
(seafood.vasep.com.vn) Japan continues to be one of Vietnam’s most important and stable shrimp markets. In recent years, shrimp exports to this market have fluctuated in line with Japan’s broader economic and consumption cycles, yet Japan remains a major, high-value destination with stringent standards.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain increased by 13% compared to 2024. This growth trend has continued into the first two months of 2026. According to Vietnam Customs statistics, export turnover to this market reached nearly USD 3 million in January–February 2026, up 101% year-on-year and significantly higher than the same period in 2024. This development indicates that Spain is once again becoming a notable destination for Vietnamese tuna amid strong demand for tuna raw materials and products in Europe.
(seafood.vasep.com.vn) The 2026 brackish water shrimp farming season in the Mekong Delta has started earlier than usual, mainly driven by positive market signals, as shrimp prices in 2025 remained high and supply was limited. Many enterprises and farms in Cần Thơ, Cà Mau, and Vĩnh Long have proactively stocked early to seize opportunities. By early 2026, stocking areas in many localities had reached a high proportion of planned targets, with intensive and high-tech farming models expanding rapidly.
(vasep.com.vn) Vietnam’s tilapia exports to the United States recorded remarkable growth in 2025, opening up major opportunities while also presenting considerable challenges. The U.S. remains the largest importer of Vietnamese tilapia fillets, with export turnover reaching USD 40 million—an increase of up to 499% compared to 2024. This impressive growth reflects strong demand in the U.S. market, as supply from competing countries such as China has been constrained by tariffs and rising production costs.
(seafood.vasep.com.vn) Pangasius remains a strategic export commodity in Vietnam’s seafood sector. Entering 2026, the industry faces a strong need to transition from volume-based growth to a value-driven development model, with a focus on quality, food safety, and sustainability.
(seafood.vasep.com.vn) Following damage caused by Storm No. 13 in late 2025, brackish water shrimp farming in Gia Lai is being rapidly restored. In key farming areas such as Tuy Phước and Tuy Phước Đông, farmers are focusing on rehabilitating ponds, repairing infrastructure, and treating the environment in preparation for the 2026 crop.
(seafood.vasep.com) Facing the decline in fishery resources, Vietnam is accelerating livelihood transitions for fishermen to reduce fishing pressure and move toward sustainable development. Marine fish stocks have dropped significantly from 4.82 million tons in 2000–2005 to 3.95 million tons in 2016–2020.
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