The five centres are located in coastal provinces of Khanh Hoa, Ba Ria Vung Tau, Kien Giang in the South, Da Nang in the Centre and Hai Phong city in the North.
The recommendation was made at an online conference between Deputy Prime Minister Vu Van Ninh and concerned localities to discuss Government Decision 67. The decision set goals for the development of Viet Nam's fishing industry from 2015-2020.
Deputy minister of MARD Vo Vam Tam said 22 cities and 28 provinces directly under the umbrella of Decision 67 had finished compiling their lists of eligible recipients for financial support to upgrade their fishing boats. Commercial banks committed VND243 billion (US$11.5 million) to upgrade 28 of the fishing boats with mortgage term of 11 years and disbursement rate from 60 to 95 per cent.
Fishermen from 21 of the 28 coastal communes in Viet Nam bought insurance policies for their boats, equipment and personal accidents with total amount up to VND2,700 billion ($127.4 million).
The country's effort to build a full fleet of steel-hulled fishing boats is on the right track with more than 50 per cent of the planned fishing boats getting steel-hulls and 60 per cent with more than 800hp.
However, a MARD report indicated that there were limitations to the programme and issues with the current policy.
A number of localities and fishermen experienced difficulty with the administrative procedures required to secure the upgrade funds for their boats.
There have been complaints by fishermen that there were so many legal documents that it made it almost impossibly difficult to follow them all.
Some localities are blamed for failing to co-ordinate efforts and implement supporting policies to boost the development of local fishing industries. Others said they were simply waiting to learn more about what to do before taking steps by themselves.
Issues with current credit policies also arose. Some credit policies offered interest rates at 7 per cent to fishermen but involved too many administrative procedures that it discouraged many from taking advantage of the deal.
Other fishermen weren't eligible for a loan unless they agreed to upgrade their boat engines even if they only wanted the loan to purchase or upgrade fishing equipment.
MARD made several recommendations to improve the effectiveness of policies aimed at boosting the fishing industry, like granting loans without the engine-upgrade requirement if the boat already has at least 400hp, and designing a variety of boat models more compatible with traditional fishing practices.
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
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