(Seafood.com) Contract farming
Exporters said once contract farming is introduced in the country, production of fish would mark cent per cent rise and at the same time foreign currency earnings will reach record high from the sector.
The traceability record, which the European Union recommended for upgradation, would help enhance the credibility of the shrimp industry and acceptability of local shrimps in overseas markets, they said.
The EU Food and Veterinary Office team in its recent report also emphasised on to ensure traceability.
"Contract farming will ensure traceability of the products-one of the main requirements of the European Union (EU) nations," President of Bangladesh Aquaculture Alliance Maqsudur Rahman told the FE.
It is high time Bangladesh should start the contract farming as the main competitor countries like Thailand and Vietnam have already started reaping the benefit of contract farming, he said.
"But we are yet to start it. We have frequently requested the authorities concerned but yet to get any assistance," he added.
Contract farming is a tripartite agreement-based process where banks will finance the exporters and the latter will provide fish fry and other materials to the farmers.
We have urged the government to provide raw materials such as fish fry, diesel as provided to agriculture sector at a subsidised rate under this programme, he added.
Farmers can get the subsidy in their account and there will also provision so that exporters can repay the loan in favour of the farmers, Mr Rahman said adding exporters would be able to directly monitor the activities.
Explaining the potentiality of contract farming officials of Bangladesh Frozen Food Exporters Association (BFFEA) said it would boost the country's third largest foreign currency earning sector.
"Production could be doubled if contract farming is launched and it would be not surprising to earn $1.0 billion in next 2 years," an exporter said.
The production in Bangladesh is only 250 kg per hectare while it could be raised to 500-600 kg per hectare through contract farming, he observed.
It will also open new era for the sector as new technology and modern cultivation procedures would be followed, the exporter said.
The country fetched $625.04 million from frozen fish exports during July-June period of just concluded 2010-11 financial year marking a robust growth of 40.40 per cent growth compared to the same period of corresponding year.
Export Promotion Bureau (EPB) has set a target of $726.48 million for the sector for 2011-12 fiscal.Published by HT Syndication with permission from The Financial Express.
(vasep.com.vn) Vietnam has strengthened its position in China’s massive seafood market, becoming the largest lobster supplier while maintaining a dominant share of the country’s imported pangasius.
(vasep.com.vn) Vietfish 2026 was more than just a larger exhibition space. Through B2B meetings, booth discussions, production-chain visits and post-show feedback, businesses and buyers found something more concrete: suitable suppliers, processing capabilities, technology solutions, new markets and a foundation for building long-term trust and partnerships.
(vasep.com.vn) Vietnam’s tilapia exports to the United States declined significantly in the first seven months of 2026. Cumulative export value reached US$18 million, down 42% from the same period in 2025. In July alone, exports amounted to just US$2 million, plunging 70%, indicating a clear slowdown in import demand from the US market.
(vasep.com.vn) At the seminar “Global Seafood Markets and the Future Workforce: Trends, Opportunities and Directions for the Sustainable Development of Vietnam’s Fisheries Sector,” held as part of VIETFISH 2026, Ms. Shirlene Maria Anthonysamy, Fisheries Officer (Markets) and GLOBEFISH Coordinator at the Food and Agriculture Organization of the United Nations (FAO), presented initiatives aimed at promoting youth participation in fisheries and aquaculture.
(vasep.com.vn) In the first seven months of 2026, Vietnam’s pangasius exports to the United States reached US$189 million, down 8% year-on-year. In July alone, export value reached US$22 million, down 28%. This trend indicates that U.S. demand for pangasius imports has remained relatively cautious this year, as importers tend to maintain moderate inventory levels and limit stockpiling.
(vasep.com.vn) After three days at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, the Vietnam International Fisheries Exhibition – VIETFISH 2026 – has successfully concluded, leaving a strong impression in terms of scale, visitor numbers, the quality of business connections, and innovative activities. With more than 14,000 m² of exhibition space, 335 companies, 568 booths, participation from representatives of 17 countries and territories, and nearly 15,000 visitors, VIETFISH 2026 has once again affirmed its role as an important meeting point for Vietnam’s and the global seafood industry.
(seafood.vasep.com.vn) Held as part of Vietfish 2026 from August 19–21 at SECC in Ho Chi Minh City, a series of five specialized seminars provided the seafood business community with updates on markets, technology, standards, human resources and cooperation opportunities. With the participation of experts, international organizations, government agencies and businesses from Vietnam and abroad, the seminars created an additional platform for professional exchange alongside the exhibition’s product showcases and business networking activities.
(seafood.vasep.com.vn) On the morning of August 19, 2026, the Vietnam International Seafood Exhibition – VIETFISH 2026 officially opened at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. With 568 booths representing 335 companies, alongside the presence of senior government officials, local authorities, diplomatic missions and international partners, VIETFISH 2026 kicks off three days of business networking, technology exchange and market engagement under the overarching theme “Innovation and Sustainability.”
The Vietnam Association of Seafood Exporters and Producers (VASEP) officially announces that the Vietnam International Seafood Exhibition (Vietfish 2026) will take place from August 19–21, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City.
(seafood.vasep.com.vn) Vietnam’s seafood exports recorded strong growth in the first half of 2026, but the performance was increasingly uneven across products, markets and enterprises. VASEP’s newly released premium report provides the detailed data and analysis needed to understand what lies behind the headline figures and prepare for the more challenging months ahead.
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