Hanoi, Aug. 9 -- Prime Minister Pham Minh Chinh's visit to Brazil in July has opened the door for Vietnam's seafood industry, particularly tilapia exports.

After a temporary suspension due to concerns over the TiLV virus, the Brazilian market is now showing signs of reopening. With global demand for tilapia continuing to rise, the resumption of shipments to the South American nation is seen as a significant boost for Vietnam's tilapia on the world map.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the global tilapia market was valued at 10.6 billion USD in 2024 and is projected to reach 14.5 billion USD by 2033, representing an annual growth rate of 3.52%. The US remains the largest market, importing a...