Top 20 Leading Seafood Companies in Vietnam by export revenue

I. Why Should Importers Work with Leading Seafood Companies in Vietnam?

Vietnam’s top seafood companies offer significant advantages for international importers, ensuring consistent supply, high-quality products, and competitive pricing. Here’s why working with these companies is beneficial:

1. Reliable Supply Chain & High Processing Capacity

• The leading seafood companies in Vietnam operate large-scale aquaculture farms and processing plants, ensuring stable supply throughout the year.
• Many of these companies have integrated supply chains, controlling production from breeding to export, which minimizes risks and ensures traceability.

2. Compliance with International Standards & Certifications

• Vietnam’s top seafood exporters hold major global certifications such as:
  • ASC (Aquaculture Stewardship Council) – Ensuring responsible fish farming practices.
  • MSC (Marine Stewardship Council) – Certification for sustainable wild-caught seafood.
  • BRC (British Retail Consortium) and HACCP – Meeting the highest food safety and processing standards.
  • EU and US FDA approvals – Ensuring compliance with strict import regulations.
• Importers benefit from working with certified suppliers, ensuring easier market entry and reduced regulatory risks.

3. High-Quality Products & Competitive Pricing

• Vietnamese shrimp and pangasius (catfish) are globally recognized for their quality, freshness, and sustainability.
• Large exporters benefit from economies of scale, allowing them to offer competitive pricing without compromising on quality.
• Companies invest in advanced processing technology, including IQF (Individually Quick Frozen) and value-added seafood production, to enhance product quality and shelf life.

4. Strong Export Experience & Global Market Presence

• Vietnam’s top seafood companies have established long-term partnerships with major seafood importers, wholesalers, and retailers worldwide.
• These companies have expertise in handling international logistics, documentation, and trade regulations, ensuring smooth export processes.
• Many companies have dedicated R&D teams working on new product development to meet the evolving demands of global consumers.

5. Commitment to Sustainability & Responsible Sourcing

• The Vietnamese seafood industry is making strong efforts towards sustainability, adopting eco-friendly farming and responsible fishing practices.
• Many companies are implementing waste reduction, energy efficiency, and water conservation measures in their production processes.
• Ethical labor practices and community engagement further strengthen their global reputation.

II. Vietnam’s Leading Seafood Companies

Vietnam’s seafood sector is led by well-established corporations specializing in shrimp, pangasius (catfish), and other seafood types. Below is a detailed ranking of the top 20 seafood companies in Vietnam based on their annual revenue and market share:

Top 20 Seafood Companies in Vietnam (by revenue in 2024)

Source: VASEP data

Top 5 Giants: Market Leaders in Vietnam’s Seafood Industry

1. STAPIMEX (Soc Trang) – The largest shrimp exporter in Vietnam, known for high-quality shrimp processing and global distribution.
2. MINH PHU SEAFOOD CORP (Ca Mau) – A global leader in shrimp exports, focusing on sustainability and innovation.
3. VINH HOAN CORP (Dong Thap) – The top pangasius (catfish) exporter, supplying premium fish fillets worldwide.
4. MINH PHU SEAFOOD – HAU GIANG – A subsidiary of Minh Phu, expanding its shrimp processing capabilities.
5. FIMEX VN (Soc Trang) – A strong shrimp exporter with high processing standards for international markets.

Mid-Tier Companies: Key Players Driving Exports

• NAVICO, VIET NAM CLEAN SEAFOOD, and VAN DUC TIEN GIANG are top exporters of pangasius fish, benefiting from rising global demand.
• THUAN PHUOC CORP and PHAT LOI are strong players in both shrimp and diversified seafood exports.

Emerging Competitors: Fast-Growing seafood companies in Vietnam

• TRUNG SON CORP and MARISO VIETNAM CO., LTD are expanding their presence in the frozen and value-added seafood segment.
• VIETNAM TUNA CO., LTD is strengthening its position in tuna exports, meeting high EU and Japan standards.

III. Future Outlook for Vietnam’s Seafood Companies

Vietnam’s seafood companies are poised for further growth, driven by strong global demand and industry advancements. Here’s what to expect:

• Expanding Global Markets – Companies are increasing exports to China, the Middle East, and Latin America while maintaining strong partnerships with the US and EU.
• Sustainable Aquaculture & Certification – More businesses are investing in ASC, MSC, and BAP-certified farms to meet international standards.
• Technology & Processing Innovations – Automation and modern processing techniques are improving efficiency and quality in seafood production.

Vietnam’s seafood companies continue to play a dominant role in the global seafood market. With their expertise in shrimp, pangasius, and other seafood products, these companies are set to expand further, leveraging sustainability, innovation, and market diversification.

As global demand for high-quality seafood increases, Vietnam’s leading exporters are well-positioned to maintain their competitive edge and drive future growth in the industry. If you are an seafood importer/distributor, working with the leading seafood companies in Vietnam will help you secure your risk of shipments and business.

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