Export value of aquatic products up 38% in nine months
The export turnover of aquatic products topped 8.5 billion USD in the first nine months of 2022, up 38% year-on-year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Export turnover of aquatic products tops 8.5 billion USD in the first nine months of 2022 (Photo: VNA)
HCM City (VNA) – The export turnover of aquatic productstopped 8.5 billion USD in the first nine months of 2022, up 38% year-on-year, accordingto the Vietnam Association of Seafood Exporters and Producers (VASEP).
In September alone, the export value is estimated at over 850million USD. Although it is still 36% higher than the same period last year,this is the first time after seven months the exports fall to below 900 millionUSD.
Le Hang, deputy director of the VASEP’s Trade Promotion andTraining Centre, said that inflation has reduced the import demand of foreign markets,including Vietnam’s main importers.
Shrimp processing for export (Photo: VNA)
In the first nine months, the export values of shrimp, trafish and seafood reached nearly 3.4 billion USD, 2 billion USD, and 3.2 billionUSD, up 23%, 82% and 33%, respectively. In September, tra fish exports postedthe highest growth rate at 97% to 161 million USD.
The country’s export of aquatic products to China hit 153million USD last month, up 97% y-o-y, but down 1.4% compared to that of July.
Meanwhile, earnings from the US decreased by 11% y-o-y to 140million USD.
In January-September, the US remained the largest importerof Vietnamese aquatic products, with nearly 1.8 billion USD, up 22% y-o-y.
The VASEP forecast that by the end of November, the sector can fulfil the yearlytarget of earning 10 billion USD from aquatic exports./.
Import-export revenue of agro-forestry-aquatic products was estimated to reach 66.2 billion USD in the first eight months of 2022, up 8.7% year on year, of which export turnover hit about 36.3 billion USD, a year-on-year rise of 13.1%, reported the Ministry of Agriculture and Rural Development (MARD).
Vietnam’s seafood exports to Russia have sharply recovered after many months of interruptions due to the impacts of the Russia-Ukraine conflict, surging 36% in July and 98% in August, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Import-export revenue of agro-forestry-aquatic products was estimated to reach 66.2 billion USD in the first eight months of 2022, up 8.7% year on year, of which export turnover hit about 36.3 billion USD, a year-on-year rise of 13.1%, reported the Ministry of Agriculture and Rural Development.
The northern province of Quang Ninh, with its advantages in a long coastline and a large number of islands, is focusing on expanding industrial aquatic farming at sea with an aim to become the largest fisheries hub in the northern region.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
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.
Export turnover of aquatic products tops 8.5 billion USD in the first nine months of 2022 (Photo: VNA) 
Shrimp processing for export (Photo: VNA) 
