Representing Vietnam, Ms. To Thi Tuong Lan, Deputy Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP), noted that Vietnam’s seafood industry has maintained a positive recovery momentum in 2026, with export turnover exceeding USD 3.6 billion in the first four months of the year. Vietnam currently enjoys significant advantages in deep processing capabilities, value-added seafood products, an extensive network of free trade agreements (FTAs), and the flexibility to serve diverse market segments.
These strengths provide a solid foundation for Vietnam to continue its role as a reputable seafood processing and export hub within the global supply chain.
According to Ms. Tuong Lan, India has strong advantages in shrimp farming and seafood raw material production, while Vietnam excels in deep processing and value-added product development. The two countries can expand cooperation in raw material supply, export-oriented processing, traceability systems, antibiotic control, sustainability certifications, and digital transformation within the seafood sector.
The VASEP representative also proposed strengthening business connectivity through major industry exhibitions such as Vietfish in Vietnam and Seafood Expo Bharat in India to promote investment cooperation, trade activities, and technology transfer between enterprises from both countries.
Meanwhile, Mr. Anil Kumar, representative of the Marine Products Export Development Authority (MPEDA) of India, reported that India’s seafood exports during fiscal year 2025–2026 increased by 13.4%, reaching USD 8.45 billion. Exports to Vietnam surged by 69%, rising from USD 387 million to USD 656 million.
According to Mr. Kumar, rather than focusing solely on bilateral trade, businesses from both countries should pursue joint investment and processing models aimed at exporting to international markets.
He emphasized that India currently has approximately 650 seafood processing plants, with around 70% of their capacity remaining idle during the low season, creating favorable conditions for joint ventures with Vietnamese companies to reduce logistics costs and enhance product value.
Mr. K.N. Raghavan, Chief Executive Officer of the Seafood Exporters Association of India (SEAI), stated that Vietnam and India should not view each other as competitors but instead pursue a “win-win” cooperation model, particularly in deep processing, traceability, combating Illegal, Unreported and Unregulated (IUU) fishing, and developing electronic certification systems to support exports to the United States and the European Union (EU).
He noted that Vietnam is currently India’s fourth-largest seafood export market, with nearly 70% growth recorded over the past year.
On this occasion, the Vietnam Trade Office in India also actively invited Indian partners to participate in the Vietnam International Sourcing 2026 Exhibition, scheduled to take place in Ho Chi Minh City from September 3–5, 2026. The event is expected to feature more than 500 exhibition booths, 450 international buying delegations, and over 3,000 direct business-matching sessions.
In addition, the Indian side introduced Seafood Expo Bharat 2026, which will be held in Chennai from July 1–3, 2026, featuring more than 300 booths, numerous B2B networking activities, technical seminars, and field visits to India’s seafood industry.
(seafood.vasep.com.vn) The application of high technology in shrimp farming is delivering positive results in the coastal areas of Vinh Long Province, contributing to improved production efficiency and creating significant potential for further industry expansion. However, to fully capitalize on this potential, the province is focusing on aquaculture zoning, infrastructure investment, and promoting modern, sustainable production.
(seafood.vasep.com.vn) Đồng Tháp Province has intensified efforts to curb illegal fishing by strengthening vessel monitoring, law enforcement and seafood traceability.
(seafood.vasep.com.vn) Seafood businesses need solutions to overcome bottlenecks such as labor shortages, difficulty accessing capital, high input costs, and administrative procedures in order to maintain production, adapt to market fluctuations, and effectively exploit export opportunities.
(seafood.vasep.com.vn) The FTA would widen access to markets with strong demand for premium food products in line with the country’s strategy of shifting exports towards increasing added value.
(seafood.vasep.com.vn) On the morning of July 13th, Mr. Ho Quoc Dung, Member of the Central Committee of the Communist Party of Vietnam and Deputy Prime Minister, along with his delegation, visited and worked with businesses in An Giang province to promptly resolve obstacles and promote production and business activities.
(seafood.vasep.com.vn) As importing markets increasingly focus on biosecurity and traceability, Vietnam has established a relatively comprehensive legal framework and disease management system for aquaculture, covering tilapia farming as well as other cultured species. This system is based on the Law on Animal Health, regulations on the prevention and control of aquatic animal diseases, the National Plan for the Prevention and Control of Major Diseases in Farmed Aquatic Species, and environmental monitoring and early warning programs for aquaculture areas.
(seafood.vasep.com.vn) On July 9, 2026, the Embassy of Vietnam in Brazil organized the seminar titled “Sharing Information on Vietnam-Brazil Economic, Trade and Investment Relations in the First Half of 2026” to provide updates on bilateral cooperation and strengthen connections among government agencies, industry associations, and business communities of the two countries.
(seafood.vasep.com.vn) Seafood exports in the first 6 months of the year continued to be a bright spot with a total turnover of 5.7 billion USD, an increase of 11.4% compared to the same period last year. By commodity group, seafood is one of the three groups with a trade balance in the first 6 months of 2026 in a surplus state with 4.13 billion USD, an increase of 17%.
(seafood.vasep.com.vn) For many years, Vietnam’s seafood industry has been recognized as one of the country’s key export pillars. Products such as shrimp, pangasius, tuna, squid, octopus, and a wide range of other seafood have reached hundreds of markets worldwide. Yet behind these impressive export figures lies a significant challenge: a substantial share of Vietnam’s seafood export value still comes from minimally processed products, contract manufacturing, and raw material exports—segments characterized by low profit margins and high vulnerability to fluctuations in global prices.
(seafood.vasep.com.vn) In the context of a global economy shifting powerfully toward green and sustainable values, Vietfish 2026 is far more than just a commercial trade fair. It has become a strategic rendezvous and a "comprehensive ecosystem"—a convergence of value, knowledge, and sustainable growth opportunities for the entire industry chain.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
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Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
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