seafood
The Seafood category covers fishing, aquaculture, exports, and market trends in the seafood industry. It explores supply chain developments, sustainability practices, government regulations, and trade agreements, providing insights into demand trends, pricing, and global competitiveness.
Vietnam’s fishery exports grow by 34.81 percent in March
Vietnam’s fishery exports increased by 34.81 percent in March compared to February, reaching US$883.03 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s aquatic production rises 2.8% in Q1 2025
Vietnam’s total aquatic output reached 1.993 million tons in the first quarter of 2025, up 2.8 percent year-on-year, driven by strong growth in aquaculture, according to data from the General Statistics Office.
Vietnam seafood group urges halt to US-bound seafood shipments pending tariff negotiation outcome
The Vietnam Association of Seafood Exporters and Producers (VASEP) has urged Vietnam’s seafood exporters to suspend shipments to the United States pending the results of negotiations over the 46 percent Trump Tariff announced last week, VN Economy is reporting.
Vietnam’s aquaculture output rises 5.1 percent in Q1 2025 amid strong pangasius and shrimp harvests
Vietnam’s total aquatic product output reached an estimated 1.99 million tons in the first quarter of 2025, up 2.8 percent year-on-year, driven by higher yields in both aquaculture and exploitation. Aquaculture output alone rose 5.1 percent, reflecting favourable prices and export recovery for pangasius and efficient shrimp farming practices, according to data from the General Statistics Office.
Vietnam’s seafood exports at risk as US tightens marine mammal rules
Vietnam’s seafood industry is under mounting pressure as the United States enforces stricter regulations under the Marine Mammal Protection Act (MMPA), which could lead to an import ban on key fishing products by 2026 if Vietnam does not meet US standards, Zing News is reporting.
Vietnam’s imports of fishery products rise by 26.90 percent in December
India led the growth, with imports surging 70.44 percent to US$49.29 million. Norway and Indonesia followed, recording increases of 42.14 percent and 38.45 percent, respectively. South Korea also showed strong growth, with imports rising by 41.30 percent to US$10.49 million. Imports from the USA grew by 33.13 percent to US$7.03 million.
Vietnam’s processed seafood production estimated to reach 6.22 million tons in 2024
In November 2024, the country produced 539,800 tons of processed seafood, showing a solid performance despite a slight increase in December.
Vietnam’s fishery products exports decline by 4.97 percent in December
Vietnam’s exports of fishery products total US$10.04 billion for 2024, reflecting a strong performance despite the month-on-month decline…
Vietnam’s aquatic product processing sees strong growth in December
Year-on-year, the industry experienced robust growth of 14.2 percent in December compared to the same month in 2023. For the full year of 2024, cumulative growth reached 9.2 percent compared to 2023, reflecting steady progress in this crucial sector.
Vietnam’s fishery exports see a decline in November
Year-to-date fishery exports amounted to US$9.17 billion, with China leading as the top importer, despite a 14.9 percent month-on-month decline to US$167.41 million.
Vietnam’s imports of fishery products surge in October
Indonesia was the top supplier, contributing US$31.27 million in October, reflecting a modest increase of 1.78 percent. Norway followed with US$24.26 million, marking a significant 40.27 percent rise. Imports from India surged by 80.12 percent to US$27.27 million, while China saw a 16.12 percent increase to US$20.06 million.
Vietnam faces US countervailing duty on shrimp exports
As a result, the US will likely impose countervailing duties on shrimp imports from Vietnam, Ecuador, and India. Additionally, imports from Indonesia, deemed to be sold at less than fair value, will face antidumping duties…
Vietnam’s aquatic processing sector sees strong year-over-year growth
The year-over-year comparison reveals an even stronger performance, with a 12.4 percent increase in October compared to the same month in 2023. Additionally, for the January to October period, production rose by 9.4 percent over the same timeframe last year. These figures highlight the sector’s sustained expansion, which is likely supported by Vietnam’s strong position in the global seafood market and rising demand for processed aquatic products domestically and abroad.
Vietnam’s aquatic products processing climbs 3.6 percent in September
The year-over-year figures also show strong growth–compared to September 2023, production has surged by 19.7 percent, indicating rising domestic consumption and robust export demand for Vietnam’s processed seafood.
Vietnam seafood imports fall 18 percent September over August
Of note, Indonesia was Vietnam’s largest supplier in September, with imports amounting to US$30.72 million, a 15.56 percent increase from August. The YTD total is US$218.91 million.
Vietnam seafood products across the board see sharp falls in September
Of note, Typhoon Yagi wreaked havoc on northern Vietnam in September and waylaid a large portion of Vietnam’s fishing industry for up to several weeks for some firms…
US DOC make final determination on frozen warmwater shrimp from Vietnam, others
The DOC’s preliminary determination for Vietnam, notes that ‘one or more respondents did not act to the best of their ability to respond to Commerce’s requests for information’. There being only two firms investigated from Vietnam, and given that the second Soc Trang Seafood Joint Stock Company, the other firm, received its own subsidy rate of 2.84 percent, it appears that the aforementioned statement explains Thong Thuan’s much higher subsidy rate…
Vietnam seafood exports fall 6.23 percent September over August
Of note, China saw a 9.59 percent increase in seafood exports for September, reaching US$197.32 million, with year-to-date exports totaling US$1.21 billion.
In contrast, exports to the USA dropped by 13.77 percent, amounting to US$171.41 million for the month, and year-to-date exports reached US$1.33 billion…
Vietnam seafood exports up 7.3 percent in value August over July
Vietnam’s seafood exports climbed by 7.3 percent in August over July from US$916 million to US$983.2 million. Vietnam’s seafood exports for the year now stand at US$6.3 billion which represents an increase of 9 percent over the same period last year.
Vinh Hoan (seafood): Vietnam Stock Overview
Vinh Hoan, listed on the Ho Chi Minh Stock Exchange under the ticker VHC, is a leading Vietnamese seafood company. Established in 1997, it has become one of the world’s largest pangasius exporters, with a strong presence in the US and Europe…
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