VIỆT NAM EARNS $1.1 BILLION FROM SHRIMP EXPORTS TO CHINA

The growth momentum in October was largely driven by white-leg shrimp, along with a significant surge in exports to China, where demand for live, fresh, and frozen shrimp remained high.

In total, shrimp exports reached $498 million last month. — VNA/VNS Photo

HÀ NỘI — Shrimp exports to China and Hong Kong reached US$1.1 billion in the first 10 months of this year, marking a significant rise of 64 per cent, the highest growth among all markets.

The market recorded an export value of $140 million in October alone, the highest ever recorded, according to the latest report by the Vietnam Association of Seafood Exporters and Producers (VASEP).

In total, shrimp exports reached $498 million last month, up 26 per cent compared to the same period last year.

This was one of the highest monthly export figures so far this year, reflecting strong demand from major markets and efforts by businesses to boost deliveries toward the end of the year.

The total export value reached $3.9 billion for the first 10 months, a 22 per cent growth compared to the same period last year.

The growth momentum in October was largely driven by white-leg shrimp, along with a significant surge in exports to China, where demand for live, fresh, and frozen shrimp remained high.

The market under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) achieved over $1 billion, a 33 per cent growth, with stable demand from Japan, Canada, and Australia.

The US market reached $702 million, a 9 per cent increase, showing strong purchasing power despite fierce competition from Ecuador and India.

White-leg shrimp accounted for nearly 65 per cent of total export value, hitting $2.5 billion. This category experienced the fastest growth, driven by competitive pricing and demand from various markets.

Black tiger shrimp exports reached $385 million, maintaining steady demand in traditional markets like Japan and for large-size black tiger shrimp segment in China. Meanwhile, exports of other frozen processed shrimp products totaled $991 million. — VNS

Source: VNS

Related News

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

VIỆT NAM-CAMBODIA TRADE GATHERS PACE TOWARDS $20 BILLION TARGET

Trade between Việt Nam and Cambodia continues to grow, remaining a bright spot and a key pillar of bilateral cooperation as the two countries aim to raise two-way trade to US$20 billion in the coming years. After setting a record of more than $11.3 billion last year, bilateral trade reached about $8.7 billion in the first eight months of this year, up 8.3 per cent year on year.

Oct 14, 2026

TECHNOLOGY

AI BEGINNING TO RESHAPE RECRUITMENT CRITERIA

Digital literacy is the only capability area in which fresh graduates meet employers’ expectations, according to a new report. Yet, it is also the standard rising fastest, as businesses increasingly expect new hires to use AI effectively in the workplace. Some 83 per cent of employers say AI has changed, or is beginning to change, their hiring criteria, while 94 per cent report higher expectations for digital and AI capabilities than they had two to three years ago.

Oct 14, 2026

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

ĐÀ NẴNG GREEN-LIGHTS US$105 MILLION THAI DEVELOPMENT DEAL

The central city has approved an investment proposal by Thailand’s WHA Group to develop infrastructure for the 400ha WHA Đà Nẵng Industrial Park project on two communes of Thăng Bình and Đồng Dương, with an investment of more than VNĐ2.7 trillion (US$105 million). The city said it approved WHA Industrial Development International's status as an investor in the project, which is expected to take place between 2027 and 2034.

Oct 14, 2026

VIETNAM ECONOMY INVESTMENT

MOBILE PHONE EXPORTS RISE 20% TO $51.8 BILLION IN FIRST NINE MONTHS

Exports of mobile phones and components rose 20 per cent year-on-year to nearly US$51.8 billion in the first nine months of 2026, with China, the US and Republic of Korea accounting for more than half of the total. Shipments to the three markets reached a combined $26.18 billion, or 50.6 per cent of total exports of the product group during the period, according to data from the Vietnam Department of Customs under the Ministry of Finance.

Oct 14, 2026

VIETNAM ECONOMY INVESTMENT

FRUIT AND VEGETABLE EXPORTS POISED TO HIT $10 BILLION IN 2026

Fruit and vegetable exports are on track to reach nearly US$10 billion in 2026, after rising 19.9 per cent year on year to nearly US$7.4 billion in the first nine months, driven by strong seasonal demand and abundant tropical fruit supplies. The Ministry of Agriculture and Environment said the growth reflected stronger international demand for fresh produce and processed agricultural products.

Oct 14, 2026

GARMENT / TEXTILE

TEXTILE EXPORTS FACE DUAL CHALLENGES OF SUSTAINING ORDERS AND BOOSTING EFFICIENCY AMID GROWING COMPETITION

Data shows that the textile and garment sector maintained its growth momentum in the first nine months of this year. The industry's total export turnover reached an estimated US$35.721 billion in the first nine months of this year, up 3.3 per cent year-on-year. Despite posting encouraging export figures, Vietnamese textile and garment enterprises continue to navigate unpredictable market variables.

Oct 14, 2026