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
GOLDEN DEAL, KNOCK-DOWN OFFER
Are you ready for a fun-filled family vacation. Don't miss the super attractive Family Staycation package at Becamex Hotel. 2 days 1 night package with full amenities and free activities: Buffet breakfast, Swimming, tennis, bicycle, gym, sauna, cool ice cream, 300.000 VND service voucher and many other offers! Contact now for detailed advice.
MEMBER CORNER / PROMOTIONS
"BEARY CHRISTMAS" CHARITY PROGRAM
As the Festive Season approaches, Caravelle Saigon, in collaboration with VinaCapital Foundation (VCF), is bringing a heartwarming charitable initiative to life — and we are delighted to invite all HKBAV members to take part in the very first “Beary Christmas” Charity Program. By adopting a Caravelle Bear for VND 299,000 nett, you will be directly supporting children battling cancer in Vietnam through VCF’s Can-Care/Can-Clover Program.
MEMBER CORNER / PROMOTIONS
SOILBUILD INTERNATIONAL WINS “BEST INDUSTRIAL DEVELOPMENT” AWARD FOR SPECTRUM NGHE AN AT THE PROPERTYGURU VIETNAM PROPERTY AWARDS 2025
Soilbuild International is pleased to announce that its project, Spectrum Nghe An, has been awarded Best Industrial Development at the PropertyGuru Vietnam Property Awards 2025, held on 24th of October 2025, in Ho Chi Minh City. The PropertyGuru Vietnam Property Awards is part of the prestigious PropertyGuru Asia Property Awards series, the largest and most respected real estate awards programme in Asia.
MEMBER CORNER / PROMOTIONS
WEBINAR: 2025 VIETNAM KEY TAX FINALISATION, UPDATES ON TAX CHANGES AND GLOBAL MINIMUM TAX
Dear Valued Client,We would like to invite you to our webinars on Friday, 12 December 2025, and Tuesday, 16 December 2025, to review and learn about key 2025 tax finalisation topics and stay ahead with the latest tax changes.
LEGAL UPDATE / POLICY
NEW ECONOMIC POLICIES EFFECTIVE THIS DECEMBER
Government Decree 304/2025, effective December 1, sets stricter conditions for seizing collateral, especially assets that are a borrower’s sole residence or essential work tools. In such cases, lenders must set aside a compensation amount equivalent to six to twelve months of minimum wage. The measure aims to improve transparency in bad debt handling and reduce credit risk in the banking system.
HOSPITALITY / TOURISM / ENTERTAINMENT
QUANG NINH TARGETS VND58 TRILLION IN TOURISM REVENUE
Quang Ninh Province is aiming to generate VND58 trillion in tourism revenue this year after surpassing its goal of 21 million visitors, driven by new tourism products, expanded nighttime activities, and large-scale events. As of mid-November 2025, Quang Ninh had welcomed 21.28 million visitors, up 12% year-on-year. Tourism revenue reached at least VND57 trillion, a 22.46% increase from the same period last year. With its visitor target achieved, the province is now pushing toward its revenue goal of VND58 trillion.
Events Sponsors
