NEWS - vnseafoods.com

In the first two months of 2025, Vietnam's seafood export industry demonstrated robust growth, with shrimp exports solidifying their role as a primary export commodity. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), total seafood export turnover reached $1.423 billion, marking an 18.2% increase compared to the same period in 2024. Notably, February alone accounted for $655.197 million, reflecting a significant 42.6% growth.

Vietnam's Ministry of Agriculture and Rural Development has approved a plan to develop sustainable lobster farming and exports. The goal is to reach $200 million in export value by 2025 through expanded farming areas, improved seed quality, and advanced technology applications.

The year 2025 brings fresh opportunities and signals a bright future for Vietnam’s seafood sector, particularly pangasius. After navigating market fluctuations and production challenges over the past two years, the industry has demonstrated remarkable resilience and adaptability.

The first two months of 2025 have shown positive signals for Vietnam's seafood export industry, with total revenue reaching USD 1.423 billion, reflecting an impressive 18.2% growth compared to the same period in 2024. February 2025, in particular, witnessed a remarkable surge, with export value reaching USD 655.197 million, up 42.6% year-on-year.

According to the latest report from the General Statistics Office, pangasius production in January 2025 reached an estimated 102,500 tons, marking a 6.0% year-on-year increase. This growth is fueled by rising pangasius material prices in the Mekong Delta, encouraging farmers to expand their stocking activities while boosting procurement by processing enterprises to meet growing export demands.

Vietnam’s seafood industry has kicked off 2025 with impressive growth, particularly in the shrimp and pangasius sectors. According to Vietnam Customs, shrimp exports in January reached USD 311 million, marking a 28% year-on-year increase. This strong performance reinforces Vietnam’s position as a key global supplier, with its shrimp now reaching 107 markets and territories worldwide.

VN Seafood recently marked a significant milestone in its international outreach by attending Gulfood 2025 in Dubai from February 19 to 21. While the company did not maintain an official booth, its representatives actively engaged with industry leaders and potential clients, reinforcing VN Seafood's commitment to global expansion and excellence.

Vietnam's seafood exports saw contrasting trends in January 2025, reaching USD 774 million, a 3.3% increase compared to the same period last year. While shrimp exports experienced strong growth, pangasius exports faced significant challenges.

2024 marked a strong comeback for Vietnam's shrimp exports, with shipments reaching 107 markets worldwide—up from 102 in 2023. This growth reflects the resilience of Vietnam’s shrimp industry and its ability to adapt to global market trends. The top five export destinations—China & Hong Kong, the United States, Japan, the European Union, and South Korea—accounted for 76% of the total export value, showcasing Vietnam’s dominance in the international seafood market.

Vietnam’s seafood exports to China continue to thrive, with strong demand expected to persist in 2025. As one of Vietnam’s largest seafood markets, China represents a crucial destination for products such as shrimp, pangasius, tuna, and others. Let’s explore why this market is vital and how Vietnam is seizing new opportunities.