Vietnam's freshwater fish production has shown a steady upward trend from 2014 to 2023, reaching 2.97 million metric tons in 2023. The year-on-year variation indicates a growth of 0.77% from 2022 to 2023. The compound annual growth rate (CAGR) over the past five years (2018–2023) stands at approximately 0.75%, reflecting consistent but moderate growth.
From 2014 to 2019, the sector experienced variable growth with notable increases in 2015, 2016, and 2017. However, a decline was observed in 2020 with a negative year-on-year variation of -4.21%, likely due to external factors such as the COVID-19 pandemic. Since then, there has been a recovery, with growth resuming in subsequent years.
For the future, the forecast data suggest a continued gradual increase in freshwater fish production, reaching approximately 3.08 million metric tons by 2028. The projected five-year CAGR from 2023 to 2028 is around 0.63%, with an overall growth rate of 3.18% over this period.
Future trends to watch for include the impact of environmental policies, advancements in aquaculture technology, and market demand both domestically and internationally. Sustainable practices and climate resilience will likely play pivotal roles in shaping the sector's trajectory.
