A notable reality is that many seafood companies face significant challenges when trying to return to the domestic market, which is considered highly promising with a population of over 100 million and growing consumer demand.
Việt Nam’s aquatic exports are experiencing a strong recovery, reaching over US$8.3 billion in the past nine months and expected to hit $11 billion for the entire year - the highest in the past three years, according to the Vietnam...
Despite successful finding its way onto tables in more than 170 countries and meeting the world’s toughest quality standards, Việt Nam’s seafood is still struggling to capture the attention of its own 100 million consumer base.
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.
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.
Việt Nam''s seafood exports this year are projected to be only US$9 billion, a 10 per cent decline from 2024, according to the Vietnam Association of Seafood Exporters and Producers.
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.
Industry insiders pointed to stable raw material prices and a strategic shift towards higher-value processed products as key factors underpinning the strong performance of the two top earners -shrimp and tra fish.
Delegates at a general meeting of the Việt Nam Association of Seafood Exporters and Producers in HCM City on June 10 discussed measures to enable the seafood industry to achieve its export target of US$10 billion this year.