In Q2/2025, Vinh Hoan recorded VND 3,194 billion in net revenue, nearly unchanged from the same period last year, while net profit after tax attributable to the parent company surged 62% to VND 515 billion. The gross profit margin rose from 13% to 19.5%, driven by lower feed prices, reversal of inventory provisions, and better cost management.
For the first six months of 2025, the company’s revenue reached VND 5,841 billion, down 3% year-on-year, but net profit after tax increased 42% to VND 692 billion. The U.S. market remained the main export destination, accounting for a large share and growing 4%, offsetting the decline from China.
VDSC forecasts that in Q3/2025, Vinh Hoan could sell around 28,000 tons of pangasius, up 10% year-on-year, with an average selling price rising 3% thanks to peak demand in the U.S. and European markets. A slight USD/VND appreciation will also support export revenue. The company’s Q3 revenue is expected to reach VND 3,647 billion, with net profit after tax of about VND 453 billion, up 41% year-on-year.
Experts noted that tariff risks in the U.S. and China have eased as countervailing rates have been clarified, creating favorable conditions for pangasius exports. Vinh Hoan enjoys a competitive edge thanks to its vertically integrated value chain—from farming and feed production to processing—which allows effective cost control and helps maintain stable margins.
For the full year 2025, VDSC projects that Vinh Hoan’s revenue could reach VND 13,538 billion (up 8%) and net profit after tax VND 1,605 billion (up 30% compared to 2024).
(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.
(seafood.vasep.com.vn) As part of Vietfish 2026, the Hosted Buyer Program is designed as a specialized B2B matchmaking initiative for selected international buyers, providing opportunities to meet directly with Vietnamese seafood exporters, gain the latest market insights, and experience Vietnam's seafood supply chain firsthand.
(seafood.vasep.com.vn) A project titled "Sustainable Shrimp Industry Governance" has been launched in Ca Mau Province with the aim of supporting the transition of the province's shrimp industry toward higher quality, lower emissions, stronger governance capacity, improved supply chain traceability, and the development of a sustainable shrimp brand that meets the increasingly stringent requirements of export markets.
(seafood.vasep.com.vn) Khanh Hoa Provincial Agricultural Extension Center, in collaboration with the Northern Center for Marine Aquaculture Research and the Van Hung Public Service Center, recently organized a training course on disease-free golden pompano seed production. The program is part of a National Agricultural Extension Project aimed at developing industrial-scale seed production models to support sustainable marine aquaculture.
(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) The application of high technology in shrimp farming is delivering positive results in the coastal areas of Vinh Long Province, contributing to improved production efficiency and creating significant potential for further industry expansion. However, to fully capitalize on this potential, the province is focusing on aquaculture zoning, infrastructure investment, and promoting modern, sustainable production.
(seafood.vasep.com.vn) Đồng Tháp Province has intensified efforts to curb illegal fishing by strengthening vessel monitoring, law enforcement and seafood traceability.
(seafood.vasep.com.vn) Seafood businesses need solutions to overcome bottlenecks such as labor shortages, difficulty accessing capital, high input costs, and administrative procedures in order to maintain production, adapt to market fluctuations, and effectively exploit export opportunities.
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