The Institute of Policy and Strategy for Agriculture and Environment has recently forecast three scenarios regarding the impact of U.S. tariffs on agricultural, forestry, and fishery exports.

Vietnam is currently the 4th-largest seafood supplier to Singapore with the highest market share in the chilled/frozen fish fillet and fish meat segment.

Hanoi plans to develop fisheries into an important economic sector with large scale, high value and good brand, meeting local demand for freshwater aquatic products and export standards.