Falling orders caused by weak demand have left firms with no choice but to shed jobs, scale down production in the last months of the year

In 2022, with seafood export turnover reaching $11 billion, Vietnam has become the third largest seafood exporter in the world.

FTA-induced tariff advantages had been fully exploited to boost sales, filling the gap left by the weakening demand in other countries.

VASEP believes that ASEAN is becoming an attractive destination for many pangasius businesses thanks to its geographical advantages....

Despite huge challenges, the seafood sector in 2022 posted a new record in export value of $11 billion, up 24% year-on-year and 22% higher..

A surge of 87% was seen in tra fish exports to ASEAN markets in the first 11 months of this year to $183 million, accounting for about 8%...

Vietnam’s tuna exports passed $1 bln on December 21 and a figure of $1.03 bln is expected for the year as a whole, the VASEP has said.

The agro-forestry-fishery sector has made new export records in 2022 thanks to the diversification of markets and products.

Overcoming many ups and downs, so far the pangasius has been on the table in many countries around the world, bringing billions of dollars..

VASEP said that as of November 15, Vietnam's shrimp exports to South Korea reached nearly $422 million, up 33% over the same period in 2021

After continuously growing at a high rate for 10 consecutive months, pangasius exports to China suddenly dropped in November...

By the end of November, seafood exports had reached US$10.17 billion, up nearly 28% over the same period last year