Strategic partnership for sustainability
The agreement between UOB Vietnam and Navico goes beyond a mere financial transaction; it reflects a strong commitment from both parties to advance the aquaculture industry sustainably. Through this green trade credit, UOB Vietnam supports Navico in optimizing its supply chain, investing in renewable energy, and implementing circular economy initiatives. This aligns with Navico’s long-term strategy to achieve Net Zero goals and reinforce its leadership in the sustainable seafood sector.
Mr. Doan Toi, General Director of Navico, emphasized: “Sustainable development is the guiding principle for all our activities. Our partnership with UOB Vietnam enables us to enhance ESG (Environmental, Social, and Governance) standards while driving further investment in green solutions.” Currently, Navico manages over 1,100 hectares of farming areas, with 600 hectares utilizing advanced technology, forming Vietnam’s largest closed-loop pangasius supply chain – from breeding to export-ready products.
The role of green financing
Vietnam ranks as the world’s third-largest seafood exporter, achieving a trade value of 10 billion USD in 2024, a 12.7% increase from the previous year. Pangasius alone contributes approximately 2 billion USD. However, the increasingly stringent sustainability standards of international markets require companies like Navico to adapt to maintain their competitive edge. Green financing from UOB Vietnam not only provides capital but also serves as a foundation for Navico to meet rigorous ESG criteria, such as those outlined by the Asia Pacific Loan Market Association (APLMA).
Mr. Lim Dyi Chang, Head of Wholesale Banking at UOB Vietnam, stated: “Vietnam is steadily establishing its role in the global sustainable food supply chain. Our collaboration with Navico demonstrates our shared commitment to promoting green growth.” Since 2021, UOB Vietnam has partnered with Navico on projects such as rooftop solar installations, helping the company reduce costs and carbon emissions.
Future vision
This partnership benefits not only Navico but also contributes to the sustainable development of Vietnam’s seafood industry. With UOB Vietnam’s support, Navico is accelerating its roadmap to achieve environmental goals while enhancing its global competitiveness. This collaboration underscores how green financing is becoming a vital catalyst, enabling Vietnamese businesses to adapt and thrive in a world increasingly focused on sustainability.
(seafood.vasep.com.vn) For many years, Vietnam’s seafood industry has been recognized as one of the country’s key export pillars. Products such as shrimp, pangasius, tuna, squid, octopus, and a wide range of other seafood have reached hundreds of markets worldwide. Yet behind these impressive export figures lies a significant challenge: a substantial share of Vietnam’s seafood export value still comes from minimally processed products, contract manufacturing, and raw material exports—segments characterized by low profit margins and high vulnerability to fluctuations in global prices.
(seafood.vasep.com.vn) In the context of a global economy shifting powerfully toward green and sustainable values, Vietfish 2026 is far more than just a commercial trade fair. It has become a strategic rendezvous and a "comprehensive ecosystem"—a convergence of value, knowledge, and sustainable growth opportunities for the entire industry chain.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to Colombia continued their strong upward momentum in May 2026. Export value to the market reached USD 4 million, up 24% compared to the same month in 2025. Cumulative exports in the first five months of 2026 totaled USD 24 million, an impressive 48% increase year-on-year.
(seafood.vasep.com.vn) Hai Phong's aquaculture sector is accelerating the adoption of high technologies in aquaculture to adapt to climate change, with red tilapia and tilapia identified as the key cultured species for priority development.
(vasep.com.vn) Vietnam’s seafood exports reached nearly US$1.1 billion in June 2026, up 21.0% year-on-year. Cumulative exports in the first half of 2026 totaled nearly US$5.8 billion, representing a 12.8% increase compared with the same period last year. Exports to China and Hong Kong continued to accelerate, while shipments to the United States rebounded strongly in June. In contrast, exports to the EU, Japan, and the Middle East remained sluggish or recorded slight declines.
(vasep.com.vn) Tilapia is playing an increasingly important role in Vietnam’s aquaculture sector, driven not only by growing market opportunities but also by its ability to meet increasingly stringent requirements on quality, food safety, and traceability. In practice, tilapia farming in Vietnam is not a spontaneous or loosely regulated activity; rather, it operates under a comprehensive legal and technical framework covering the entire value chain—from hatcheries and farming to processing and exports.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 1.9 billion in the first five months of 2026, up 12% compared with the same period last year. Amid continued volatility in the global seafood market, this result demonstrates that the shrimp sector has maintained positive growth momentum, supported by improving demand in several Asian markets, particularly China.
(seafood.vasep.com.vn) On June 16, the Department of Agriculture and Environment of Ca Mau Province announced that the locality has established a farming area code for nearly 30,400 hectares of mud crab aquaculture and granted export facility codes to five enterprises eligible to export mud crab officially to markets such as China, Cambodia, Singapore, and the United Arab Emirates (UAE).
(seafood.vasep.com.vn) The United States remains one of the largest export markets for Vietnamese pangasius. In the first four months of 2026, pangasius exports to the US reached USD 106 million, up 4% compared to the same period in 2025. In April 2026 alone, export value totaled USD 38 million, marking a 20% year-on-year increase and the first positive growth recorded after an extended period of decline.
(seafood.vasep.com.vn) While Vietnam’s shrimp exports to many major markets continued to post positive growth in the first months of 2026, exports to the United States declined, highlighting growing competitive pressures and trade barriers facing the Vietnamese shrimp industry.
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