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) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.
(seafood.vasep.com.vn) Shrimp and pangasius continued to lead growth, helping seafood exports reach $4.67 billion in the first five months of the year; however, differentiation among product groups and increasingly stringent requirements from importing markets are posing many challenges for the industry.
(seafood.vasep.com.vn) Every day, the seafood processing industry in Ca Mau generates large quantities of shrimp heads and shells during processing operations. In the past, these by-products were largely treated as waste, increasing production costs and posing potential environmental risks. However, thanks to advanced processing technologies, materials once considered waste are now being transformed into high-value products, creating a circular economy model within the seafood industry.
(seafood.vasep.com.vn) Vietnam Clean Seafood Corporation has invested in a 280-hectare super-intensive shrimp farming zone in Tran De Commune, Can Tho City, generating export value of approximately VND 3 billion per hectare per year—around 50 times higher than traditional agricultural production.
(vasep.com.vn) Vietnam’s seafood exports reached USD 1.02 billion in May 2026, up 0.6% year-on-year. Cumulative exports in the first five months of 2026 totaled USD 4.67 billion, an increase of 11% compared to the same period in 2025.
(seafood.vasep.com.vn) In a rapidly changing global seafood market, timely insights and reliable data are more critical than ever. The Report on Vietnam Seafood Exports in Q1/2026 provides a comprehensive overview of the latest developments in Vietnam’s seafood production, trade performance, and export trends, helping businesses navigate uncertainty and identify new growth opportunities.
(seafood.vasep.com.vn) While many major markets continue to experience slow growth, Russia has emerged as a brighter destination for Vietnamese tuna exports in early 2026. Export turnover to this market increased by nearly 55% in the first four months of the year, indicating a clear improvement in demand. Nevertheless, Russia remains a market that should be viewed with both optimism and caution.
(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) 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 impressive growth reflects positive momentum in the tilapia sector, with Brazil emerging as a key driver of growth, while frozen tilapia fillets continued to be the industry's leading export product.
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