This paper presented morphological characters and development of red anchovy (Encrasicholina punc/ifer) larvae collected in the sea waters of Khanh Hoa to Binh Thuan, Vietnam and combined with fish larvae that were reared from wild eggs in laboratory experiment. Based on morphological patterns fish larvae are classified into four stages of development. Prelarval: the larva hatch, the newly hatched larvae were large yolk, the heart pulsating, eyes not pigmented, segmented body with muscle and wide finwebbing. Larvae: they absorbed yolk sac from 10-13 hours after hatching, the intestine observed clearly, 1-3 hours after the end of yolk absorption, the eyes pigmented. Abdominal margin with two black pigmented rows and pectoral fins large
mouth open and the intestines splitandcorrugated in rewards. It was'observed clearly the germ of raysare developed. Postlarvae: they fully formed caudal fin rays, dorsal and anal fins, which formed a number of fin rays. Juveniles basically similar to maturefish
fins complete, along the pigment was formed clusters in size range 30mm, the black pigmented patches formed clearly along both sides of lateral and abdominal cavity
the vertebrate are more stellate pigment
body pigment type as adult fish.