The VND500 billion (nearly $24 million) programme envisages Hung Vuong supplying its Viet Thang brand of fish feed on credit to pangasius farmers, who can pay the company once they sell the fish following harvest.
It offers many farmers an economic lifeline after months of financial problems.
Ngo Van Triet, a pangasius farmer in My Luong town in An Giang Province, said the feed supplied by Hung Vuong would help him increase the weight of the fish in his breeder farm from the present 650 grammes to 800-1,000g.
Unable to get cheap loans under Government programmes to buy feed for his fish, Triet had to reduce the size of his farm from over 10ha to just 1ha now.
Ngo Van Them, a pangasius farmer in Can Tho city's Thot Not District, said he too has reduced the size of his farm from 3ha five years ago to just 1ha ha.
Nguyen Van Ky, a member of the Hung Vuong Corp board, said the scheme is aimed at helping farmers who cannot afford feed for their fish, and the two-month credit is interest-free.
But to benefit, farmers must have pangasius farms with each fish weighing at least 500g.
Ky said when the fish grow large (800-1,000g), Hung Vuong would buy them at VND23,000 per kilogramme.
"Farmers can sell their pangasius to other processors, but have to pay 1 per cent interest per month for the feed," Ky said.
Soon after the programme was launched, around 40 farmers have signed up with Hung Vuong Corp, which expects to supply 10,000 tonnes of feed.
"While the scheme would help farmers cut costs, they would be forced to reduce the size of their farms if pangasius prices remain lower than production costs," Nguyen Ngoc Hai, chairman of the Can Tho-based Thoi An Seafood Co-op, told Viet Nam News.
(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.
(seafood.vasep.com.vn) Seafood exports in the first 6 months of the year continued to be a bright spot with a total turnover of 5.7 billion USD, an increase of 11.4% compared to the same period last year. By commodity group, seafood is one of the three groups with a trade balance in the first 6 months of 2026 in a surplus state with 4.13 billion USD, an increase of 17%.
(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).
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