According to the Vietnam Association of Seafood Exporters and Producers (VASEP), aquatic product export turnover in April reached 850.5 million USD, up 10% year-on-year. This brought the cumulative export value in the first four months of the year to 3.3 billion USD, a 21% increase compared to the same period in 2024.
Vietnam's fisheries industry is projected to achieve robust growth in 2025, with exports potentially reaching 11 billion USD, following 2024's performance of roughly 10 billion USD.
Despite challenges in market conditions, logistics, and processing raw materials, aquatic exports in 2024 still achieved an impressive milestone of 10 billion USD, according to the Vietnam Association of Seafood Exporters and Producers.
Vietnam's aquatic exports reached 10 billion USD in 2024, driven by shrimp and pangasius, despite challenges related to markets, logistics, and raw materials, the Vietnam Association of Seafood Exporters and Producers (VASEP) said on December 23.
Vietnam’s aquatic exports are expected to exceed the annual target of 10 billion USD on the back of strong demand from major markets, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
Aquatic exports is expected to surge in the remaining months of this year, as the year-end festive season comes, despite many challenges in the international markets, according to insiders.
Vietnam raked in 2.7 billion USD from exporting aquatic products in the first four months of 2024, representing a year-on-year increase of 6%, the Association of Seafood Exporters and Producers (VASEP) has reported.
Vietnam’s aquatic product exports will experience only a slight recovery in the first half of this year due to market volatility and a host of challenges to the global economy, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Suffering from declined overseas shipments, export businesses in some industries now need more assistance from the Government to navigate difficulties and challenges, insiders have said.
Vietnamese exporters of aquatic products are gradually adapting to the commitments made in the UK - Vietnam Free Trade Agreement (UKVFTA), said the Agency of Foreign Trade.
The Mekong Delta province of Kien Giang is ramping up actions to eradicate illegal, unreported and unregulated (IUU) fishing ahead of the fourth fact-finding trip by an European Commission (EC) delegation this October.
The central province of Quang Ngai is doubling efforts to eradicate illegal, unreported and unregulated (IUU) fishing ahead of the fourth fact-finding trip to Vietnam by a European Commission (EC) delegation this October.
Vietnam is predicted to face challenges in realising its 10-billion-USD goal in aquatic export value in the third quarter of 2023, heard a conference held by the Vietnam Association of Seafood Exporters and Producers (VASEP) held in Ho Chi Minh City on June 12.
The Vietnamese Ministry of Agriculture and Rural Development (MARD) sent a diplomatic note to the General Administration of Customs of China (China Customs) on June 8, calling for the early signing of a protocol on food safety and quarantine requirements for aquatic exports and imports between the two countries.
Fishery products shipped overseas earned 2.63 billion USD for Vietnam between January and April, down 27.7% year-on-year, according to the Ministry of Agriculture and Rural Development.
Vietnam’s aquatic exports are forecast to hit 11 billion USD in 2022, according to General Secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP) Truong Dinh Hoe.
Tra fish exports have posted the strongest growth among fishery products so far this year while the biggest revenue was recorded in shrimp shipments, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Aquatic exports are forecast to have hit a record of 10 billion USD in this November thanks to businesses’ flexible adaptation to changes in the global market, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
