Most of An Giang-based pangasius processors have currently run their own fish farming area, but they still got limited output and could not satisfy needs of raw material for processing because the majority of farms were in small scale. Many companies started to develop fish farming areas which have suitable water resources to farm fish; and then invest in new equipments and technologies to stock fish with high density of 350,000 – 450,000 seeds per hectare, boosting fish production to about 50 MT per hectare.
In the province, the link between fish producers and processors stayed weak. Some companies have already signed supply contracts with farmers to buy farmed fish. However, this measure did not show good effect in the case of small farmers, those needed to make deal with pangasius processing and export companies to sell all their fish.
Other concern of fish growers was lack of money to keep business as banks imposed restriction of credits for borrowers from aquaculture sector. Plus, loans were offered at high interest rate, so medium and small farming households have little chance to access bank credit sources.
In this tough situation, farmers became hesitant to stock fish as the result of rising input cost. Feed for fish growing rose by VND500 – 1,000 per kilogram, vet drugs went up by 10 – 15 percent and fuel price kept climbing; so growers could not make profit though they quoted raw fish price at higher levels.
Fish farmed and sold by farmers can not compete with those produced by processing companies in price because farmers were not granted a return of 5 percent of value-added tax on feed and vet drugs...It was very difficult for them to get loans at preferential interest rate because banks considered pangasius aquaculture as a risky sector and intended to limit offering loans or just grant loans at high interest rate.
Raw pangasius price showed downward trend in domestic market, threatening fish farming activities. Both producers and processors needs more finance to save business. Farmers are forced to push down price to sell fish and get money to pay back the bank. However, due to lack of capital, fish processing companies just buy fish with smaller volume or reduce purchasing fish for inventory.
Locality required that Directorate of Fisheries should coordinate with Ministry of Finance to calculate the needed cost for pangasius production each year. The data will be used to set the floor price of raw pangasius in the domestic market.
(seafood.vasep.com.vn) Nearly US$1.7 billion is the projected gap in 2029 between the baseline scenario and a scenario in which Vietnam’s seafood exports grow by 10% annually, according to calculations by VASEP to be presented at Vietnam Seafood Summit 2026. This gap raises a key question for the entire industry: Which markets, products and supply chain improvements will generate the additional growth?
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
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