According to the Việt Nam Association of Seafood Exporters and Produces, the US’ decisions on declining to acknowledge Việt Nam’s equivalence to 12 seafood harvesting methods affect key export products such as tuna, mackerel, lobster, crab, squid, grouper, swordfish, snapper,...
The US National Oceanic and Atmospheric Administration (NOAA) has informed Việt Nam’s Directorate of Fisheries on August 26 that imports from the affected fisheries will be banned from January 1, 2026.
In the first seven months of 2025, export turnover reached more than US$1.2 billion, an increase of 11 per cent year-on-year, underscoring the sector’s strong momentum.
The Vietnam Fisheries International Exhibition (Vietfish 2025), one of Asia’s premier seafood events, opened in HCM City on August 20, showcasing high-quality products, cutting-edge processing technologies and advanced traceability solutions.
Việt Nam’s squid and octopus exports to Thailand grew by 37 per cent in the first half of 2025, signalling the potential for this market to become one of the country’s key destinations for these products.
A notable trend this year is the shift from raw material imports to deep processing orders, with countries like Việt Nam, Thailand, the Philippines, and Indonesia becoming central players in the global tuna supply chain.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Việt Nam''s shrimp industry.
The growth outlook is driven by the global economic recovery post-pandemic and increasing international demand for affordable protein sources like tra fish, VASEP said.
Tuna export value is forecast to reach US$1 billion in 2024, marking an 18 per cent increase compared to last year’s figure and solidifying the product''s role as one of Việt Nam’s key seafood exports.