According to the Ministry of Agriculture and Environment, Vietnam recorded a trade surplus of 4.4 billion USD in agro-forestry-aquatic products in the first quarter, up 13.1% compared the same period last year.
Shrimp products recorded a strong 13%increase in export value in January 2025, reaching a total of 273.3 million USD. This growth accounted for 35.3% of Vietnam's total seafood export turnover, contributing significantly to the country's overall seafood export performance.
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
Vietnamese exporters have proactively diversified their markets from the start of the year to mitigate risks as they may soon face significant tax hikes globally, said industry insiders and experts.
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’s fishery exports reached 866 million USD in September, bringing the total for the first nine months of 2024 to 7.16 billion USD, a year-on-year increase of 8.5%, the Vietnam Association of Seafood Exporters and Producers (VASEP) has reported.
Agro-forestry-aquatic product exports raked in 34.27 billion USD in the first seven months of 2024, up 18.8% from the same period last year, said the Ministry of Agriculture and Rural Development (MARD).
Bac Lieu has set developing hi-tech shrimp farming models as a primary direction to make the Mekong Delta province the "national shrimp industry hub" and develop the "Bac Lieu clean shrimp" brand.
Vietnam’s agro-forestry-fishery exports to the Republic of Korea (RoK) have surged thanks to the bilateral Free Trade Agreement (VKFTA), topping 2 billion USD annually during 2016 - 2023, and the Northeast Asian country is forecast to remain an attractive market in the coming time.
China, the US and Japan were the three largest importers of Vietnam’s fishery products in the first quarter of this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
The US Department of Commerce (DOC) has issued a preliminary conclusion on the anti-subsidy investigation into frozen warm water shrimp originating in Vietnam, according to the Trade Remedies Authority of Vietnam (TRAV).
Vietnam’s fisheries exports generated nearly 2 billion USD in revenue from January – March, up 8% year-on-year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Bac Lieu has set developing hi-tech shrimp farming models as a primary direction to make the Mekong Delta province the "national shrimp industry hub" and develop the "Bac Lieu clean shrimp" brand.
The Agriculture and Rural Development Department of the southern province of Bac Lieu and Bac Lieu city People’s Committee on March 26 organised an event to release over 6 million shrimp fry to sea to regenerate aquatic resources and improve public awareness on aquatic resources protection and regeneration.
Vietnam's aquatic product exports could reach 9.5 billion USD in 2024, said Nguyen Thi Thu Sac, Chairwoman of the Vietnam Association of Seafood Exporters and Producers (VASEP).
