Vietnam's Pangasius Industry Faces Inevitable Shift: Deep Processing Becomes Key to Survival Amidst Tariffs
Photo: VASEP/FIS
(VIET NAM, 7/16/2025)
After two decades of global dominance, Vietnam's $2 billion pangasius export industry is at a crossroads. Heavily reliant on low-value frozen fillets, the sector is now being pushed towards deep processing by fierce competition, evolving consumer demands, and new US tariffs, making this transformation an irreversible necessity.
HANOI – Vietnam's pangasius industry, a powerhouse in the global seafood market with annual turnovers regularly exceeding $2 billion USD, is facing a critical turning point. While the sector has firmly established its international position over the past two decades, its value chain remains overly dependent on low-value-added products, primarily frozen fillets (HS0304). However, mounting global pressures are now compelling a fundamental restructuring, with a definitive shift towards deep processing emerging as the only viab...
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