Breaking Free from the "Dependency Trap," Vietnam's Seafood Sector Confronts New Challenges and Opportunities

In the context of a continuously fluctuating global market, especially with U.S. countervailing tariffs and increasingly technical barriers in many major markets, what must Vietnam's seafood sector do to face significant pressures on maintaining market share, competitiveness, and export growth? The key answer is restructuring market access strategies; focusing on diversifying export markets, product diversification, and enhancing added value, aimed at minimizing risks and ensuring stable export growth. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnam's seafood exports in the first four months of this year showed a strong recovery, reaching $3.3 billion, a 21% increase compared to the same period in 2024. Shrimp continues to be the leading product, topping with a 30% increase compared to the same period. Followed by tra fish with a 9% increase. China is the largest consuming market with a 56% increase; followed by Japan with a 22% increase, ...