Vietnam's seafood exports in January saw a significant decrease of nearly 50% due to the global economic recession, inflation, and the Lunar New Year holiday. The exports experienced a sharp drop in major markets like the US, China, EU, Japan, and South Korea. However, there was growth in small and niche markets. While inflation poses a challenge, it also presents an opportunity for affordable seafood species. The number of enterprises engaged in seafood export in Vietnam remained steady at over 700, with some showing positive growth. The Association of Seafood Exporters and Producers (VASEP) predicts a 15-20% decrease in seafood exports in the first quarter of this year, with a gradual recovery expected in the second quarter.