Aquatic exports record two-digit growth in January
Vietnam raked in 700 million USD from aquatic exports in January, a year-on-year rise of 15.2 percent, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Hanoi (VNA) – Vietnam raked in 700million USD from aquatic exports in January, a year-on-year rise of 15.2percent, according to the Vietnam Association of Seafood Exporters andProducers (VASEP).
China, Japan, the US and the EU were the biggestimporters of Vietnam’s aquatic products in the month.
China topped the list with growth of 50 percentto 109.26 million USD, followed by Japan with 100.71 million USD, up 18.1percent.
The US came third with an import turnover of 95million USD, a year-on-year increase of 17.1 percent, while the EU posted anannual decrease of 9.1 percent to 86 million USD.
In January, most aquatic products recorded goodgrowth, except for shrimp due to fierce competition from markets like China,India and Ecuador.
Specifically, shrimp export turnover wasestimated at 190.7 million USD, down 10.6 percent against the same period lastyear.
On a positive note, tra fish exports rose 34.7percent to 192 million USD and tuna exports hit 48 million USD, a year-on-yearrise of 16.9 percent.
VASEP Secretary General Truong Dinh Hoe said in2018, the aquatic sector exported nearly 9 billion USD worth of products, afigure expected to grow from 15 to 18 percent to reach 10 billion USD in 2019.
The backbone for this year’s growth target liesin tuna exports because there is plenty of room to develop this fish, he said.
The shrimp sector aims to boost exports to theEU to 1 billion USD in 2019 from 750 million USD in 2018, he added.
Apart from the quality of products, goodscertification and added value, businesses should outline plans to make inroadsinto the EU, Hoe suggested.
He expressed his belief for a better outcome ofthe aquatic industry in 2019 thanks to new-generation free trade agreements andthe State’s favourable policies.-VNA
Export revenue of aquatic products is estimated to hit 2.7 billion USD in the third quarter, a 13 percent rise year-on-year, said the Vietnam Association of Seafood Exporters and Producers (VASEP).
Tra fish (pangasius) exports are likely to surpass 2 billion USD for the first time this year, presenting an opportunity for Vietnam’s aquatic product exports to realise or even exceed its yearly goal of 9 billion USD.
Vietnam enjoyed a surge of 46 percent in aquatic products’ export value to the US market in August to 188.7 million USD, pushing the total revenue in the first eight months of this year to 982.9 million USD, up 7 percent over the same period last year.
An international conference was held in the Mekong Delta city of Can Tho on October 3 to discuss ways to improve the value of shrimp by-products in Vietnam.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Illustrative image (Source: VNA)
