Aquatic products face challenge of maintaining market share in US

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the US National Oceanic and Atmospheric Administration (NOAA) has recently recognised Vietnam’s crab fishery as equivalent to US standards. Under an updated decision issued in last month, Vietnamese crab and crab products will continue to be eligible for import into the US market.

Traders purchase tuna at a fishing port. (Illustrative photo: VNA)
Traders purchase tuna at a fishing port. (Illustrative photo: VNA)

Ho Chi Minh City (VNA) – The US market is presenting mixed signals for Vietnam’s aquatic exports, offering new opportunities for some products while posing growing challenges for others.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the US National Oceanic and Atmospheric Administration (NOAA) has recently recognised Vietnam’s crab fishery as equivalent to US standards. Under an updated decision issued in last month, Vietnamese crab and crab products will continue to be eligible for import into the US market.

The decision is particularly significant as the Philippines has not received equivalent recognition for several crab fisheries and is expected to face import restrictions from June 11. This development is likely to create additional opportunities for Vietnamese exporters, alongside suppliers from Indonesia and Sri Lanka, to strengthen their position in the US market.

Le Hang, Deputy Secretary-General of VASEP, said the recognition provides a clear short-term advantage for Vietnam’s crab industry, especially as US buyers seek alternative suppliers that meet regulatory requirements. She noted that this is a favourable time for Vietnamese businesses to secure orders for the second half of the year and step up efforts to inform US partners about the legality and traceability of their products.

In contrast, shrimp exports continue to face considerable headwinds. Preliminary results from the 20th administrative review announced by the US Department of Commerce on May 13 showed provisional anti-dumping duties of 10.76% and 6.3% for two mandatory respondents, while other exporters were assigned a separate rate of 7.56%.

Although the review has not yet reached a final conclusion, the preliminary rates are expected to place additional pressure on price negotiations and purchasing decisions by US importers.

Market demand is also weakening. US statistics indicate that shrimp imports declined by 11% in the first quarter of 2026, with imports in March alone falling 19% year-on-year. The figures suggest that consumption remains subdued amid persistent inflationary pressures and higher costs, prompting buyers to remain cautious.

In this context, competing solely on price is becoming increasingly difficult for Vietnamese exporters. Hang recommended focusing on value-added products and market segments where Vietnam enjoys advantages in quality, processing capabilities and supply stability.

Meanwhile, imports of tuna and other seafood products into the US remain subject to strict controls under the Marine Mammal Protection Act (MMPA). In addition to compliance with dolphin-safe requirements, importers must provide certificates of origin and supporting documentation for frozen and processed tuna shipments.

As a result, maintaining compliance has become a critical factor for preserving market access. Companies capable of managing traceability systems, documentation and regulatory requirements throughout the supply chain are expected to be in a stronger position to retain customers and reduce commercial risks./.

VNA

See more

At the working session (Photo: thoibaotaichinhvietnam.vn)

TikTok interested in investing in logistics, digital finance in Vietnam

Deputy Minister of Finance Cao Anh Tuan commended TikTok’s rapid growth and its contributions to Vietnam’s digital economy. With tens of millions of users, TikTok has become not only a platform for content creation and social interactions but also an effective tool for product promotion, market expansion, and e-commerce.

A view of the business seminar on upgrading Vietnam’s industrial sector through Nordic expertise and partnership held in Ho Chi Minh City on June 3, 2026. (Photo: VNA)

Vietnam to become one of Asia’s leading high-value manufacturing hubs: seminar

Vietnam is now on the threshold of becoming a leading manufacturing hub for both global and ASEAN markets, with the potential to position itself as one of Asia’s foremost high-value manufacturing centres. However, the country is also facing increasing competition from regional economies such as Malaysia, Indonesia and India.

Imports and exports are handled at Lach Huyen container port in Hai Phong city. (Photo: VNA)

Trade turnover exceeds 445 billion USD in five months

In May, Vietnam's trade turnover amounted to 99.07 billion USD, rising 3.2% from the previous month and 25.8% from a year earlier. Exports increased 19.5% year-on-year in the January-May period, while imports surged 30.8%.

A container truck runs at the Gemalink International Port, part of the Cai Mep port complex, in Tan Phuoc ward, Ho Chi Minh City. (Photo: VNA)

Vietnam seen as ASEAN’s resilient growth bright spot

According to the World Bank (WB), buoyed by impressive GDP growth of 8% in 2025, Vietnam entered 2026 as one of Southeast Asia's strongest-performing economies. In its latest economic update released in May, the WB highlighted Vietnam’s robust fundamentals and favourable growth outlook.

A Xiaomi store in Beijing, China, on January 15, 2021 (Photo: AFP/VNA)

Xiaomi Vietnam fined for violating consumer rights

Xiaomi Vietnam Co., Ltd was fined 290 million VND (about 11,000 USD) for three violations of consumer protection regulations, according to the National Competition Commission (NCC) under the Ministry of Industry and Trade.

Export is one of the important contributors to Vietnam's economic growth. (Photo: VNA)

Vietnam's economy accelerates despite global uncertainties: French report

Vietnam is well positioned to remain among Asia’s fastest-growing economies. Future success will depend on the country’s ability to leverage opportunities from international integration while developing new domestic growth drivers to support its ambition of becoming a high-income economy by 2045.

Hanoi’s consumer price index increased by 0.28% in May compared to the previous month (Photo: VNA)

Hanoi’s May CPI rises 0.28%

The Statistics Office attributed the stable market situation to the city’s efforts to implement Government directives on price governance and inflation control while ensuring adequate supply of goods and services, especially essential ones.

Ho Chi Minh City promotes cooperation with Italian partners

Ho Chi Minh City promotes cooperation with Italian partners

Ho Chi Minh City hopes to expand Italian-language education, promote exchanges among students, lecturers and experts, and continue coordinating in organising cultural, artistic, culinary, fashion, sports and tourism activities to strengthen people-to-people ties.