Want to be in the loop?
subscribe to
our notification
Business News
VIETNAM’S TILAPIA EXPORTS IN THE FIRST 8 MONTHS OF 2025 HIT A 5-YEAR HIGH
According to Vietnam Customs, Vietnam’s tilapia exports (including red tilapia) reached over USD 63 million in the first 8 months of 2025, up 174% from the same period last year. This figure exceeded Vietnam’s tilapia export value over the past five years, since 2020. The US remained the largest importer, accounting for 62% of Vietnam’s tilapia exports.
In the same period, red tilapia exports reached USD 11 million, down 1% year-on-year, with the US market making up 25% of the share. Tilapia exports (excluding red tilapia) reached USD 52 million, a sharp increase of 359% from last year, of which 70% was shipped to the US.
According to the International Trade Center (ITC), the US is the world’s largest tilapia consumer, while China is the biggest supplier to both the US and the global market. As of July 2025, tilapia has become the most consumed whitefish in the US, surpassing cod and pangasius. Frozen tilapia fillets (HS code 030461) are the top product consumed by US buyers.
In the first 7 months of this year, the US imported more than USD 1.1 billion worth of whitefish, up 8% year-on-year. Of this, frozen tilapia fillets (HS code 030461) alone accounted for USD 262 million, up 19% from the same period of 2024, making up 23% of the US’s total whitefish imports. Vietnam is currently the second-largest supplier of frozen tilapia fillets to the US, after China. This reflects the strong demand and growth potential for tilapia products.
Although Vietnam faces challenges in competing directly with major suppliers such as China, Indonesia, Egypt, and Brazil to become a key global source of tilapia, many Vietnamese enterprises, alongside pangasius, have recently started farming and producing tilapia for export.
The top five exporters of tilapia in the first 8 months of 2025 include: INDIAN OCEAN CO., LTD, V FINANCIAL AND INVESTMENT MTV LIMITED COMPANY, NAMVIET JOINT-Stock COMPANY, KIM PHAT SEAFOOD IMPORT EXPORT CO., LTD, NVD SEAFOOD CO., LTD.
Source: VCCI
Related News
MEMBER CORNER / PROMOTIONS
D’HOI CONCERT AT HOIANA – REDEEM YOUR EXCLUSIVE “BUY 4 GET 1” OFFER NOW!
We are pleased to share an exclusive cultural highlight of this summer — the D’HOI Concert. Inspired by the rhythm of the sea and the energy of Central Vietnam, D’HOI blends contemporary music, art, and coastal lifestyle into an elevated live experience. D’HOI celebrates contemporary Vietnamese creativity with dynamic staging, coastal-inspired visuals, and a lineup of rising and established artists. Join us for an unforgettable evening by the sea.
MEMBER CORNER / PROMOTIONS
EXPLORE SAIGON'S NEW CULINARY COLLECTIVE AT LEVEL 3, UNION SQUARE
Guided by a collective of talented chefs, each restaurant is defined through its cuisine, space, and attention to detail. From business lunches and evening gatherings to private occasions and curated gifting. This collection brings every dining moment into one distinctive destination – where people gather, reconnect, and share meaningful moments.
TECHNOLOGY
HCMC TARGETS COMMERCIALIZATION OF OVER 60% OF AI RESEARCH
The HCMC People’s Committee has issued a plan to implement the city’s program on artificial intelligence (AI) research and development for 2026 under the 2020–2030 roadmap. A key target is to raise the rate of direct application and commercialization of AI research outcomes and intellectual property assets to more than 60%.
VIETNAM ECONOMY INVESTMENT
HCMC SEEKS SOUTH KOREAN INVESTMENT IN FOUR SECTORS
In the next phase of its development, HCMC is prioritizing efforts to attract investment from South Korean businesses in four strategic sectors, including developing an international financial center, building AI and semiconductor ecosystems, expanding the startup and venture capital ecosystem, and advancing smart urban and green growth projects.
TECHNOLOGY
VIETNAM PRIORITIZES 70 HIGH TECHNOLOGIES, 100 NEW PRODUCTS
Starting July 1, Vietnam will prioritize investment in the development of 70 high technologies and encourage the development of 100 high-tech products as part of efforts to shape investment flows and accelerate growth in the digital economy. The policy is outlined in Decision No. 23/2026/QD-TTg issued by the prime minister, replacing Decision No. 38/2020/QD-TTg, which had been in effect for more than five years.
HOSPITALITY / TOURISM / ENTERTAINMENT
CAN THO TARGETS TOURISM REVENUE OF VND22 TRILLION BY 2030
By 2030, the Mekong Delta city of Can Tho looks to attract around 18 million visitors and generate tourism revenue of VND20–22 trillion as it seeks to make tourism a key economic sector contributing at least 10% of the city’s gross regional domestic product (GRDP). The strategic target is outlined in a newly issued resolution by the Can Tho City Party Committee on accelerating tourism development.
Events Sponsors
