Trang tiếng Việt
Vietnam Seafood Industry 2011

VIETRADE - With Vietnam having a coastline of 3,260 km and an exclusive economic zone (EEZ) of more than one million km2, seafood is important in the social and economic development and a key economic sector. Marine seafood resources’ potential is 4.2 million tons of which the annual allowable catch is 1.7 million tons, making Vietnam one of the world’s largest seafood producers and exporters along with Indonesia and Thailand.


The seafood sector in Vietnam is diversifying - products such as shrimp, pangasius, tuna, squid, and octopus are gaining a foothold in the highly competitive markets and account for much of the country’s total seafood export revenue. Further, product quality and the reputation of the industry are significantly improving. Unlike 10-15 years ago when the made-in-Vietnam products were mere shadows compared with thousands of rivals from other countries, now products having Vietnam as their origin is a plus, and consumers are well aware they are buying certified shrimp, pangasius, squid, clam, etc. 


Striving to provide customers with the best quality is more often than not Vietnamese seafood exporters’ commendable mission. This is indicated through initiatives of personnel training; quality control; and updating and creating new regulations and standards guiding all important markets, satisfying all food hygiene and safety requirement in accordance with GMP, SSOP, HACCP & ISO 9001:2000, SQF 2000 simultaneously.


It was quite a year, considering all the challenges thrown at the sector last year - the Illegal, unreported and unregulated (IUU) fishing regulation on marine products exported to the European Unions (EU); the issue of trifluralin residue in shrimp shipped to Japan; the threatening rise in the U.S antidumping initiatives; the attempt to redefine “catfish”; and World Wide Fund For Nature -WWF’s red listing of pangasius on seafood guides in some European countries, etc. Evidently Vietnam’s seafood continues to sell quite well; otherwise the industry’s demand for raw materials would not be increasing.


Vietnamese seafood products are present in over 155 countries, of which EU, the US, and Japan are the largest buyers. In the near future, Vietnamese seafood industry will maintain a sustainable development and continuously adapt practical practices to boost exports to potential markets such as Mexico, South Africa, China, South Korea and ASEAN.

© 2011 Vietnam Trade Promotion Agency - VIETRADE
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