Want to be in the loop?
subscribe to
our notification
Business News
SWIMMING AHEAD WITH VIỆT NAM’S PANGASIUS EXPORTS
In the first seven months of 2025, export turnover reached more than US$1.2 billion, an increase of 11 per cent year-on-year, underscoring the sector’s strong momentum.
Pangasius processing activities for export. — VNA/VNS Photo
HÀ NỘI — Pangasius is riding the wave as one of Việt Nam’s top seafood exports, showing strong resilience and adaptability despite the ups and downs of global trade. In the first seven months of 2025, export turnover surged past US$1.2 billion, up 11 per cent year-on-year, highlighting the sector’s impressive momentum.
According to the Việt Nam Association of Seafood Exporters and Producers (VASEP), China and Hong Kong remained the largest markets, with export value hitting $302 million, accounting for nearly 25 per cent of total shipments.
Notably, the CPTPP bloc emerged as a growth driver, reaching $208 million – up 34 per cent – thanks to tariff preferences and stable demand in Canada, Malaysia and several countries in the Americas. The US market also showed positive signs, with turnover rising 8 per cent to $206 million.
Frozen pangasius fillets remained the mainstay, bringing in almost $976 million, up 11 per cent year-on-year. Meanwhile, processed pangasius products under HS16 recorded an impressive 41 per cent surge, reaching $30 million.
The shift towards higher value-added products not only meets stringent import standards but also helps mitigate risks from tariffs and raw material price volatility.
However, the outlook for the latter part of the year remains uncertain. News in July about a potential new US tariff on whitefish imports has heightened caution.
Should the policy be enacted, it could reshape the global supply-demand balance — offering opportunities to expand market share while simultaneously intensifying price competition. Demand in China will also require close monitoring due to its sensitivity to price movements and inventory levels.
Meanwhile, the EU and CPTPP markets are forecast to remain reliable 'pillars' of growth, supported by free trade agreements and stable purchasing power.
A VASEP spokesperson commented: “If businesses adopt proactive strategies and negotiate effectively, pangasius still has the opportunity to sustain its growth momentum and achieve the 2025 export target.” — VNS
Source: VNS
Related News
MEMBER CORNER / PROMOTIONS
VIETNAM'S MANUFACTURING STORY HAS CHANGED IN 2026
Vietnam is no longer attracting investment solely because of its competitive costs. Today, global manufacturers are increasingly choosing Vietnam for its expanding industrial ecosystem, resilient supply chains and growing role in high-value sectors such as semiconductors, electronics and advanced manufacturing.
BANKING / FINANCE / INSURANCE / TAX
VIETNAM NEEDS OVER $200BN FROM STOCK MARKET IN NEXT 5 YEARS
Speaking at the event, Bui Hoang Hai, vice-chairman of the State Securities Commission of Vietnam, said total investment demand in the 2026-30 period is estimated at VND38,000 trillion ($1.4 trillion). The state budget can only provide approximately VND8,500 trillion ($323 billion), or 20 percent, leaving the remaining 80 percent to be sourced from private and international capital.
VIETNAM ECONOMY INVESTMENT
HUNG YEN BUILDS DIGITAL FOUNDATIONS TO DRIVE LONG-TERM GROWTH
From strengthening data infrastructure to developing AI platforms, Hung Yen province is enhancing governance capacity while laying the groundwork for the growth of its digital economy. Hung Yen, about 50-60km southeast of Hanoi, has maintained steady momentum in implementing its digital transformation agenda, creating a stronger foundation for the province to advance science, technology, and innovation.
VIETNAM ECONOMY INVESTMENT
CHINESE INVESTMENT WAVE OPENS NEW DOORS
As Chinese companies move beyond factory relocation to ecosystem-driven investment, Vietnam has a rare opportunity to evolve from a low-cost production base into a strategic node in regional value chains. When global companies first diversified supply chains, the focus was largely on relocating manufacturing capacity.
VIETNAM ECONOMY INVESTMENT
VIỆT NAM STEPS UP EXPORT TO ACHIEVE US$550-BILLION TARGET
Việt Nam is intensifying efforts to sustain export momentum in the second half of 2026 as the country works towards its target of US$550 billion in export revenue for the year, despite continuing uncertainties in global trade. Statistics show that exports reached $266.5 billion in the first six months, meaning the economy needs to generate around $245.5 billion more during the remainder of the year to meet the annual goal.
VIETNAM ECONOMY INVESTMENT
ASIA POWERS VIETNAM’S SHRIMP BOOM, LEAVING THE WEST BEHIND
In the first half of 2026, Vietnam's shrimp exports surpassed the US$2.3 billion mark, driven largely by booming demand from China and a lobster craze. But behind that growth figure lies a lopsided picture: Asia is carrying the load, while the U.S. and Europe have yet to break out. These days, a container of frozen shrimp leaving a Ho Chi Minh City port is more likely to cross the East Vietnam Sea to Shanghai than the Pacific to Los Angeles.
Events Sponsors
