NEWS - vnseafoods.com

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.

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.

Vietnam's squid and octopus exports grew 18% to over $215 million in the first four months of 2025, driven by strong demand from Japan, Thailand, and the US, which offset a decline in the China & Hong Kong market. Despite challenges like limited raw materials, rising costs, and global market disruptions, exports are forecast to continue growing in the latter half of the year due to stable demand, though stricter import regulations on sustainability and traceability are expected.

Vietnam's shrimp exports reached over $1.3 billion by April 2025, up 34% year-on-year. Growth was fueled by a rush to ship to the U.S. before countervailing duties take effect, and strong demand from China, the EU, Japan, and South Korea. While China became the largest buyer, short-term risks remain. Exporters are encouraged to diversify markets, focus on value-added products, and take advantage of free trade agreements to reduce dependency and mitigate risks.

Vietnam's seafood exports to Thailand have surged in early 2025, especially pangasius. Thailand is now Vietnam's top seafood importer in the ASEAN region. This growth is driven by strong demand from the food service sector, geographical proximity, low transport costs, and tariff advantages under the ATIGA agreement.