Vietnam’s seafood exports rise 12.1% in first 10 months as industry seeks room for growth
VASEP estimates that Vietnam’s seafood exports rose 12.1% in the first 10 months of 2026, with China, Hong Kong and ASEAN accounting for about two-thirds of the increase. The industry will meet in Can Tho in November to discuss export prospects, market risks and growth strategies for 2027–2029.
The Vietnam Association of Seafood Exporters and Producers (VASEP) will hold a seafood summit in Can Tho on November 11, 2026, to discuss opportunities and strategies for achieving double-digit export growth from 2027 to 2029. This will be the association’s first summit-format conference. More than 300 delegates and 25 speakers are expected to attend, representing aquaculture, fishing, processing, exports, logistics, finance and other parts of the industry.
Vietnam’s seafood industry explores room for export growth from 2027 to 2029.（VietVance）
VASEP estimates that Vietnam’s seafood exports totaled $10.459 billion in the first 10 months of 2026, up 12.1% year on year. China, Hong Kong and ASEAN markets accounted for about two-thirds of the increase in export value, while exports to the United States fell 1.2%. Amid divergent market performance, geopolitics, tariffs, trade remedy measures, and traceability and sustainability requirements will continue to affect exports in the years ahead.
Vietnam’s seafood export data for the first 10 months of 2026.（VietVance）
The summit is scheduled to feature five discussion sessions covering the market outlook for major seafood products, changes in trade policy, domestic demand and competitiveness across the industry’s value chain. Delegates will also discuss market diversification, further processed products, stable raw material supplies and productivity. VASEP hopes the discussions will help companies develop production, market and investment strategies for 2027–2029.
Before the summit, VASEP participated in a seafood exhibition in Busan, South Korea, from November 4 to 6, where seven Vietnamese companies set up a total of 10 booths. The association proposed closer cooperation with South Korean businesses on product development, logistics and processing technology. It also suggested considering the removal of the tariff quota on Vietnamese shrimp under the Vietnam–South Korea Free Trade Agreement as soon as possible. VASEP data show that Vietnam’s seafood exports to South Korea reached $649.1 million in the first nine months of 2026, up 5.6% year on year.
Source: VietVance
