Sorting and processing tuna troducts for export (Photo: VNA)
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
Last year, the seafood export industry surpassed the 10 billion USD mark, an annual increase of 12%, solidifying Vietnam’s position as the third-largest seafood exporter globally, following China and Norway.
However, the seafood sector is forecast to face significant challenges this year. These include resolving the EU’s "yellow card" warning against illegal, unreported and unregulated (IUU) fishing, adapting to climate change, mitigating environmental pollution, and navigating market barriers.
Despite these obstacles, Nguyen Hoai Nam, Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP), remains optimistic about export prospects for 2025. He noted the US Department of Commerce (DOC)’s issuance of final conclusion on its anti-subsidy investigation on warm-water frozen shrimp imports as a win for Vietnam, hence lower tariffs will be imposed on the country's product compared to competitors such as India and Ecuador.
Nam also highlighted the availability of three financial packages for the seafood and forestry sectors since 2023. Currently, a 60 trillion VND (2.36 billion USD) credit package offers businesses in the seafood supply chain loans at interest rates 1–1.5% below market rates. This policy provides enterprises with an opportunity to plan production and exports for 2025.
Europe, the US, and Japan remain Vietnam's top three seafood export markets, which enforce strict requirements for resource management, legal fishing certifications, and corporate accountability. Consequently, Vietnamese firms must proactively adapt to meet these standards.
Deputy Minister of Agriculture and Rural Development Phung Duc Tien said improvements in raw material availability and market expansion are likely to help the industry achieve this year’s 11 billion USD export target.
Enhancing product quality and building trust in Vietnamese brands will further increase market share and solidify the country’s position on the global market, he added./.
Source: Vietnam Plus
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
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The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
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(seafood.vasep.com.vn) On the evening of December 24, 2024, in Hanoi, the Central Youth Union, Viet nam Youth Federation and the Vietnam Young Entrepreneurs Association held the Vietnam Golden Star Award Ceremony 2024, with the theme "Reaching Vietnam", honoring 200 outstanding enterprises. Deputy Prime Minister Nguyen Hoa Binh attended.
(seafood.vasep.com.vn) In the first ten months of 2024, 448 Vietnamese companies were involved in exporting pangasius to international markets. Vinh Hoan remains the top exporter, holding a 14% share of Vietnam's total pangasius export value.
(seafood.vasep.com.vn) Vietnam's seafood sector is making impressive strides as it nears the end of the year. Aquaculture has maintained steady growth, while fishing activities have recovered thanks to favorable weather conditions.
(seafood.vasep.com.vn) To ensure sustainable shrimp farming and environmental protection, Soc Trang Province emphasizes raising awareness and improving the capacity of shrimp farmers through various forms of communication and by developing and replicating effective models.
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
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Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn