Vietnam’s processing and preserving pf aquatic products posted significant growth in October , showcasing gains in both month-over-month and year-over-year production. According to Vietnam’s industrial production index, the sector saw a 6.1 percent increase from September, reflecting robust short-term 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.
This growth aligns with Vietnam’s strategic focus on expanding its seafood industry. However, maintaining this momentum will require careful management of resources, adherence to international standards, and ongoing investments in technology to meet quality expectations in key export markets.
See also: Vietnam Seafood Processing: Industry Overview 2024