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) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
(seafood.vasep.com.vn) In the first four months of 2026, Vietnam’s tilapia exports reached USD 49 million, up 151% compared to the same period in 2025. This impressive growth reflects positive momentum in the tilapia sector, with Brazil emerging as a key driver of growth, while frozen tilapia fillets continued to be the industry's leading export product.
(seafood.vasep.com.vn) Vietnam’s tuna exports to the UK have shown positive signs in the first months of 2026. While the UK’s overall tuna imports from the world declined, imports from Vietnam increased strongly, indicating that there is still room for Vietnam to expand its market share. However, behind this growth, competitive pressure remains intense, especially as the UK continues to be a major market for established suppliers such as Ecuador, Mauritius, and Ghana.
(seafood.vasep.com.vn) Biofloc technology is being piloted in several rice–shrimp farming models in Ca Mau Province, showing initial positive results in controlling pond environments, improving shrimp seed quality, and supporting sustainable aquaculture development.
(seafood.vasep.com.vn) In the first four months of 2026, Mexico, Brazil, and Colombia together contributed USD 108 million to Vietnam’s pangasius exports, accounting for around 15% of the industry’s total export turnover. Amid tightening global whitefish supply and slowing demand in several traditional markets, Latin America is increasingly becoming an important expansion destination for the sector.
(seafood.vasep.com.vn) Alongside the development of high-tech shrimp farming, Ha Tinh Province is accelerating the cultivation of high-value freshwater aquatic species, with red tilapia emerging as an effective and sustainable farming model.
(vasep.com.vn) Vietnam’s tuna exports reached USD 81 million in April 2026, down 6% compared to the same period in 2025. In the first four months of the year, export turnover totaled USD 289 million, down 4.8%. Although the overall export picture has yet to brighten significantly, market trends are becoming increasingly diversified rather than moving in a single direction.
(seafood.vasep.com.vn) Vietnam’s pangasius industry is undergoing strong restructuring starting from the broodstock and fingerling segment in order to improve productivity, quality, and export competitiveness. This is considered a critical foundation for the sustainable development of the industry amid rising production costs and increasingly stringent market requirements.
(seafood.vasep.com.vn) According to Vietnam Customs data, pangasius exports in April 2026 reached USD 206 million, up 18% compared to the same period in 2025 — marking another consecutive month of double-digit growth since the beginning of the year. Cumulative pangasius export turnover in the first four months of 2026 reached USD 720 million, up 17% year-on-year, reflecting the positive growth momentum of this key export product.
(seafood.vasep.com.vn) Vietnam’s shrimp exports in the first four months of 2026 maintained positive growth momentum, reaching approximately USD 1.5 billion, up 15% compared to the same period last year. However, behind this result lies diverging trends across markets, as the global shrimp industry continues to face pressure from inflation, high inventories, price competition, and increasing trade risks.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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