Tran Yen lost nearly VND300 million (US$19,000) in his first attempt to raise freshwater salmon, a highly prized gourmet fish. In his first year of operation, 3,000 young fish unexpectedly died. Despite his lack of experience, Yen was determined to continue. The 54-year-old was the first farmer to try this business in northern After seeing salmon farming in Sapa, 20km from his home province, Yen was convinced of the potential of fish farming. "Most farmers in the area were involved in forestry and raised cattle, which earned them about VND30-40 million ($1,800-2,500) per year. I wanted to try something more profitable, and thought that fish farming was suitable, as we have a good climate and cheap labour in With an initial loan of VND100 million ($6,200) from the Lai Chau Social Policy Bank, Yen started building reservoirs and buying fish fry in late 2005. However, it was not all smooth sailing for Yen, "My first 3,000 fish died due to unusually hot weather and my lack of experience," he says. "Salmon are temperamental fish and require water to be between 18-20 degree Celsius – and fish feed must be imported from "It was my first time fish farming. I learnt from books, friends and training courses, but that was not enough, I had to explore other techniques," he said, and added "Weather conditions, water quality, and fish feed are the main factors in whether or not you can successfully raise salmon. After my first failure, I went to His efforts paid off, in 2007, Yen raised 40 tonnes of salmon, earning VND6billion ($375,000). Yen expects to produce between 80-90 tonnes this year, doubling profits. Yen said a kilogram of salmon is sold for between VND200,000-300,000 ($12.5-18.7), bringing him VND150 million ($9,400) per month. His products are mainly consumed in northern areas, particularly Ha Noi, Lai Chau, Hai Phong and Dien Bien. "I want to invest more, as supply does not meet demand, I cannot fulfil orders from many customers in Ha Noi, Hai Phong and even Yen plans to build a $100,000 seafood processing factory in response to growing demand from local consumers. There is demand for 1,500 tonnes of salmon per year, but domestic producers can only supply 200 tonnes. Apart from Lai Chau, salmon are also raised in Sapa, Cao Bang and "Salmon raising provides a stable income, I hope to share my experience so other farmers can get involved in this business. Apart from knowledge, capital is also crucial, it is not easy for a farmer to invest the VND100 million ($6,200) needed." Yen says. Yen has also started raising sturgeon, which can fetch VND500,000-600,000 ($31-37) per kilogram. His farm employs 100 local workers who are paid an average VND2 million ($125) per month. Loans for the poor Yen is one of many who have benefited from the credit programme initiated by the Lai Chau Social Policy Bank. By the end of June, the bank had provided loans worth VND103 billion ($6,4 million) to local households. "Bank officials help us a lot, and often come to our farms to check everything is going smoothly," Yen says. To improve access to loan facilities, the bank simplified loan procedures, offered on-site consultancy services. The bank has set up 81 offices around the province, particularly in remote and mountainous areas.
(seafood.vasep.com.vn) A project titled "Sustainable Shrimp Industry Governance" has been launched in Ca Mau Province with the aim of supporting the transition of the province's shrimp industry toward higher quality, lower emissions, stronger governance capacity, improved supply chain traceability, and the development of a sustainable shrimp brand that meets the increasingly stringent requirements of export markets.
(seafood.vasep.com.vn) Khanh Hoa Provincial Agricultural Extension Center, in collaboration with the Northern Center for Marine Aquaculture Research and the Van Hung Public Service Center, recently organized a training course on disease-free golden pompano seed production. The program is part of a National Agricultural Extension Project aimed at developing industrial-scale seed production models to support sustainable marine aquaculture.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
(seafood.vasep.com.vn) The application of high technology in shrimp farming is delivering positive results in the coastal areas of Vinh Long Province, contributing to improved production efficiency and creating significant potential for further industry expansion. However, to fully capitalize on this potential, the province is focusing on aquaculture zoning, infrastructure investment, and promoting modern, sustainable production.
(seafood.vasep.com.vn) Đồng Tháp Province has intensified efforts to curb illegal fishing by strengthening vessel monitoring, law enforcement and seafood traceability.
(seafood.vasep.com.vn) Seafood businesses need solutions to overcome bottlenecks such as labor shortages, difficulty accessing capital, high input costs, and administrative procedures in order to maintain production, adapt to market fluctuations, and effectively exploit export opportunities.
(seafood.vasep.com.vn) The FTA would widen access to markets with strong demand for premium food products in line with the country’s strategy of shifting exports towards increasing added value.
(seafood.vasep.com.vn) On the morning of July 13th, Mr. Ho Quoc Dung, Member of the Central Committee of the Communist Party of Vietnam and Deputy Prime Minister, along with his delegation, visited and worked with businesses in An Giang province to promptly resolve obstacles and promote production and business activities.
(seafood.vasep.com.vn) As importing markets increasingly focus on biosecurity and traceability, Vietnam has established a relatively comprehensive legal framework and disease management system for aquaculture, covering tilapia farming as well as other cultured species. This system is based on the Law on Animal Health, regulations on the prevention and control of aquatic animal diseases, the National Plan for the Prevention and Control of Major Diseases in Farmed Aquatic Species, and environmental monitoring and early warning programs for aquaculture areas.
(seafood.vasep.com.vn) On July 9, 2026, the Embassy of Vietnam in Brazil organized the seminar titled “Sharing Information on Vietnam-Brazil Economic, Trade and Investment Relations in the First Half of 2026” to provide updates on bilateral cooperation and strengthen connections among government agencies, industry associations, and business communities of the two countries.
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