Keyword: "VASEP"

Compared to 2024, the strong growth reflected both increased import demand from the US market and the ability of Vietnamese businesses to capitalise on opportunities amid fierce international competition.

VASEP forecasts that pangasius export turnover could reach around 2.3 billion USD in 2026, supported by tightening global whitefish supplies and improving demand in several key markets.

Tra fish output in 2025 is estimated at around 1.67 million tonnes. To date, the sector has contributed approximately 2.1 billion USD to Vietnam’s total agro-forestry-fisheries export earnings.

By exploring new markets, diversifying products and prioritising sustainability standards, Vietnamese aquatic products have laid the groundwork for long-term expansion including early steps to build investment partnerships in emerging markets such as Algeria and Cuba.

The 12-member CPTPP covering Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the UK and Vietnam saw two-way trade with Vietnam reach 102.8 billion in the first 10 months of 2025, up 20.6% from a year earlier.

Vietnam earned 10.38 billion USD from aquatic exports in the first 11 months of 2025, up over 13% year-on-year, driven by market diversification. Shrimp – the key export item – grew by more than 20%, with increases recorded in almost all major markets.

Vietnam’s seafood exports are likely to set a new record in 2025, reaching around 11.2-11.3 billion USD – the highest level to date.

The total shrimp export value reached 3.9 billion USD for the first 10 months, a 22% growth compared to the same period last year.

Vietnam's cumulative export value surpassed 1.8 billion USD for the first 10 months, up 9% compared to the same period last year.

Vietnam’s shrimp exports have surged to their highest level in three years, reaching more than 3.4 billion USD in the first nine months of 2025, a 22% year-on-year increase.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the strong growth was driven by recovering demand in China, the US, the EU and the CPTPP bloc, along with Vietnamese businesses’ flexible adaptation to changing product segments and markets.

Vietnam’s fisheries industry is optimistic about reaching its export target of 10 billion USD in 2025, buoyed by a 15.5% rise in export revenue over the first nine months of this year.

In September alone, the exports earned nearly 991 million USD, rising 7.5% compared to the same month last year.

In 2024, Vietnam boasted over 58 pangasius farms meeting ASC standards, producing more than 210,000 tonnes annually for export to 61 countries. These farms achieve superior efficiency, saving an average of 140 cubic meters of water per tonne of fish, maintaining productivity rates above 70%, and controlling diseases close to 90%

Export value to Thailand reached 33 million USD in the first six months, accounting for 10% of Vietnam’s total squid and octopus export revenue and making Thailand the country’s fourth-largest single export market.

Vietnam’s total seafood exports for 2025 are forecast at 9–9.2 billion USD, slightly below the 10 billion USD target, with shrimp at 3.6–3.8 billion USD, pangasius 1.8 billion USD, tuna 850–900 million USD, and other seafood products close to 3 billion USD.

Aquatic exports last month inched up just 4% from a year earlier to 876 million USD, a steep drop from May’s 20% surge, marking the weakest monthly gain in the first half.

In the previous review, only one company was excluded from anti-dumping duties.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), aquatic product exports reached 3.3 billion USD in the first four months of 2025, a 21% increase compared to the same period last year. Shrimp led the growth with a 30% surge, followed by tra fish (pangasius), which rose by 9%.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), aquatic product exports reached 3.3 billion USD in the first four months of 2025, a 21% increase compared to the same period last year. Shrimp led the growth with a 30% surge, followed by tra fish (pangasius), which rose by 9%.