Vietnam’s squid and octopus exports reached USD 335 million in the first half of 2025, up 16% year-on-year, driven by strong demand from Asian markets such as South Korea, Japan, Thailand, and China. However, exporters continue to face significant challenges, including technical barriers, the EU’s IUU yellow card, and potential trade risks from the U.S. To maintain growth, businesses are urged to diversify markets, strengthen traceability systems, and prepare for possible regulatory changes, especially in high-risk markets like the U.S. and EU.

In Week 28 of 2025, the U.S. wholesale shrimp market remained stable despite sluggish trading. Key market drivers include weak demand, concerns over upcoming tariffs, and rising replacement costs. New U.S. tariffs set to take effect on August 1 are reshaping competitive dynamics among major exporters like Ecuador, Thailand, Indonesia, India, and Vietnam. While overall supply remains steady, the market may experience significant shifts in the near future.

On July 7, 2025, President Donald Trump signed an executive order to extend the suspension of retaliatory tariffs on most U.S. trade partners until August 1, 2025. China is excluded from this suspension. Starting August 1, the U.S. will impose new retaliatory tariffs ranging from 19% to 50% on imported goods from 27 countries, including Vietnam (20%). The U.S. government warned that tariff rates may be adjusted based on bilateral relations and could increase if retaliatory measures are taken by affected countries.

Vietnam has officially become a partner country of BRICS, aiming to strengthen the voice and role of developing nations. This move reflects Vietnam’s independent and multilateral foreign policy and its commitment to international cooperation and sustainable development.

Vietnam and the United States have reached a reciprocal trade framework under which the US will impose a 20% tariff on Vietnamese-origin goods and 40% on suspected transshipped products, while granting 0% tariffs for American goods entering Vietnam. This agreement aims to balance trade but raises concerns about compliance costs and competitive pressure on key Vietnamese industries. Both sides also pledged to expand cooperation in strategic sectors including science and technology.

VN Seafood will attend the Taipei Mega Show 2025 as a visitor on June 25 and 26, with the aim of exploring new trends and technologies as well as connecting with potential partners.

Vietnam’s tuna exports recovered strongly in May 2025, reaching nearly USD 90 million, up 26% year-on-year. The US, EU, and CPTPP markets all saw growth, driven by rising demand for frozen and canned tuna. Despite global challenges like high shipping costs and competition, Vietnam’s tuna industry is working to maintain momentum through product diversification and improved processing.

Vietnam’s clam exports continued strong growth in early 2025, reaching 49 markets worldwide. The EU remains the top importer, with Italy and Spain leading. China surged to third place with a 381% increase. Exports to the U.S. and South Korea also rose, while some traditional markets like Japan and the Netherlands declined.

Vietnam’s certified sustainable clam farming areas help access strict markets such as the EU, U.S., Japan, and Australia. With strong production and growing demand, exports are expected to keep rising.

VN SEAFOOD is now offering TS Smoke tuna – a non-CO treated product that meets Canada’s strict import standards. Due to high technical requirements and the need for premium raw materials, supply remains limited. With Vietnam’s rainy season (July–October) approaching, raw material prices are expected to rise. This is a good time for interested partners to place early orders to secure stable supply and pricing.

Facing the risk of higher U.S. anti-dumping duties, Vietnamese shrimp exporters are seeking alternative markets. Australia is emerging as a promising destination due to its stable demand, low trade barriers, and preference for high-quality, clean seafood. With a focus on sustainability and food safety, Australia can serve as a shock absorber for Vietnam’s shrimp industry. Exporters are encouraged to strengthen brand reputation, ensure compliance with Australian standards, and invest in long-term partnerships.