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) Egypt is emerging as one of the most promising destinations for Vietnamese tuna exports in 2026. During the first four months of the year, export turnover to this market exceeded USD 7.3 million, marking a sharp increase compared to the same period over the previous two years. As Egypt’s tuna imports continue to recover and demand for canned tuna remains strong, the market is becoming increasingly attractive for Vietnamese tuna processors and exporters.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s pangasius exports to CPTPP member countries reached nearly USD 128 million, accounting for 18% of the country’s total pangasius export value and increasing by 21% compared to the same period in 2025. Demand patterns varied significantly across the bloc: Mexico primarily imported fresh and frozen pangasius products, while Japan and Canada recorded substantial shares of processed products. Australia remained focused on frozen fillets but continued to maintain a portion of processed imports.
(seafood.vasep.com.vn) Despite the slow recovery of the U.S. market and continued trade-related challenges facing Vietnam’s shrimp industry, Minh Phu Seafood Corporation (MPC) has set ambitious targets for 2026. The company aims to produce 68,800 metric tons of finished shrimp products, generate consolidated revenue of VND 19.9 trillion, and achieve VND 1.059 trillion in pre-tax profit. If achieved, these figures would represent the highest revenue and profit levels in the company’s history.
(seafood.vasep.com.vn) HungHau Foods Joint Stock Company (HungHau Foods) has been honored at the 33rd Asia-Pacific Economic Forum, receiving two prestigious awards: “Top 10 Outstanding Asia-Pacific Enterprises 2026” and “Top 10 Outstanding Entrepreneurs” awarded to HungHau Foods CEO, Ms. Nguyen Yen.
(seafood.vasep.com.vn) After a period of sluggish imports in 2025, the Chinese market has returned with strong shrimp purchasing momentum in the first months of 2026. However, alongside rising demand comes an increasingly stringent import control system, covering quarantine requirements, food safety standards, registration procedures, and traceability. This makes China a market that offers both significant opportunities and growing risks for Vietnamese shrimp exporters.
(seafood.vasep.com.vn) Recently, in Long Xuyen City, An Giang Province, the Institute of Policy and Strategy for Agriculture and Rural Development (IPSARD) and the University of Economics Ho Chi Minh City (UEH) organized a workshop to announce the results of the project “Food Loss Assessment in the Pangasius Value Chain in the Mekong River Region.” The project aims to provide scientific evidence to support the sustainable development of Vietnam’s pangasius industry.
(seafood.vasep.com.vn) Shrimp prices in Vietnam’s Mekong Delta have recovered since early May, helping to improve farmers’ confidence and accelerate stocking activities for the 2026 farming season. However, farmers remain cautious due to rising input costs, unfavorable weather conditions, and disease risks.
(seafood.vasep.com.vn) On May 27, the Vietnam Trade Office in India, in collaboration with trade promotion agencies, industry associations, and businesses from both countries, organized the online seminar “Vietnam–India Seafood Trade Forum and Supply-Demand Connectivity 2026.” The event aimed to promote trade cooperation, investment, and seafood supply chain connectivity between Vietnam and India amid the ongoing restructuring of global markets.
(seafood.vasep.com.vn) In recent years, Ninh Binh Province has intensified the application of science and technology in aquaculture in order to improve productivity, product quality, and economic efficiency.
(seafood.vasep.com.vn) In the first four months of 2026, Vietnam’s tilapia exports reached USD 49 million, up 151% compared to the same period in 2025. This figure reflects an emerging export sector that is taking advantage of market gaps created by global trade disruptions, while larger producers are adjusting their strategies.
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