Farmers can achieve insurance when they face risks of natural disasters (storms, flood, drought..) and plague.
In Tran De district, there are 130 farmers purchasing insurance for the total of shrimp farming area of 210 hectares.
The area of shrimp farming in the district totaled 2,824 hectares, in which, intensive black tiger farming area reached 835 hectares, 1,215 hectares of extensive black tiger shrimp and 774 hectares for whiteleg shrimp farming. Due to unfavorable weather conditions, over 1,500 hectares of shrimp farming area in the province were lost by disease. Bao Viet Insurance company compensated VND5 billion for 16 farmers who own 64 hectares of dead shrimp.
The farmer Lam Chi Lai stocked shrimp in a 0.7 hectare farm with density of 25 pieces per square meter. He spent VND 5.8 million to buy insurance and now his family received VND 22 million for damages caused by dead shrimp from the insurance company.
Shrimp farming insurance helps farmers to save capital to maintain cultivation however, the insurance is still not welcomed by farmers because they have to follow strict conditions in farming and complicated procedures to receive compensation by insurance companies.
Tran De - a coastal district – has many advantages in developing aquaculture and fishing. Insurance policy by the state will help farmers to expand shrimp farming activities. However, the number of shrimp farmers taking part in buying insurance is limited. People’s Committee is encouraging farmers to take part in the insurance program through guidance and communication.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
According to data released by the General Statistics Office, Vietnam’s total aquatic production in the third quarter of 2025 reached over 2.71 million tons, up 3.3% year-on-year. Cumulatively, in the first nine months of 2025, the country’s total aquatic production exceeded 7.26 million tons, an increase of 3.2% compared to the same period last year.
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