Tra fish exports posted an impressive growth rate of 26.4 percent this year to hit a record of 2.26 billion USD, according to the Directorate of Fisheries of Vietnam.
Tra fish exports hit a record of 2.26 billion USD in 2018 (Photo: VNA)
Hanoi (VNA) – Tra fish exports posted animpressive growth rate of 26.4 percent this year to hit a record of 2.26billion USD, according to the Directorate of Fisheries of Vietnam.
Nguyen Ngoc Oai, Acting Director General of thedirectorate, said tra fish exports have leapt from 1.78 billion USD in 2017 to2.26 billion USD this year, compared to revenue of only about 1.5 – 1.8 billionUSD over the last five years and the 1.9 – 2 billion USD target initially setfor 2018.
The breakthrough growth is attributable tonumerous factors, said the Vietnam Association of Seafood Exporters andProducers (VASEP).
Aside from high prices since 2017, businesseshave improved their product quality and organised production chains to ensuresufficient supplies.
Additionally, growing demand in many markets,particularly major ones like the US, China (including Hong Kong), the EU andASEAN, has helped boost tra fish exports.
VASEP elaborated that this year, the US returnedto top spot among Vietnam’s tra fish markets, with shipments surging by 54.5percent to make up 24.2 percent of total revenue. Tra fish exports to China andthe EU have hiked 23.7 percent and 17.1 percent year on year, respectively.
Oai said Vietnamese tra fish has suffered fromanti-dumping duties imposed by the US over the years. However, in 2018, severaldelegations of inspectors from the US Department of Agriculture visitedVietnam. After examinations, this department’s Food Safety and InspectionService proposed Vietnamese tra and basa fish be recognised as eligible forexport to the US.
Moreover, anti-dumping duties on some tra fishexporters have been reduced, even to zero percent for some firms, helping trafish shipments to this market enjoy breakthrough growth, the officialadded.-VNA
The Mekong Delta province of An Giang’s tra fish production in 2018 is estimated at 346,000 tonnes, a rise of 61,000 tonnes over that in 2017, reported the provincial Department of Agriculture and Rural Development.
Tra fish breeds producers in the Mekong Delta have been urged to closely work with research institutes, universities and scientists to apply advanced farming techniques to produce high quality breeds.
Vietnam’s seafood export turnover in November reached 852 million USD, raising the total value in 11 months to 8.1 billion USD, a year-on-year increase of 6.8 percent.
Vietnam’s tra fish export value has exceeded 2 billion USD for the first time, with the figure hitting 2.05 billion USD in the first 11 months of this year, a year-on-year increase of 27.4 percent, according to the General Department of Customs.
Minister of Agriculture and Rural Development Nguyen Xuan Cuong has called for more efforts to push aquatic product export turnover to 10 billion USD in 2019.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
Tra fish exports hit a record of 2.26 billion USD in 2018 (Photo: VNA) 
