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) Vietnamese seafood exports recorded impressive growth, generating nearly 6 billion USD in revenue during the first six months of the year, up 13% compared with the same period last year.
(seafood.vasep.com.vn) Fishermen in Ha Tinh are gradually overcoming difficulties to maintain the efficiency of seafood exploitation. In the first six months of 2026, the entire province achieved a production of more than 23,000 tons of seafood, worth more than 1,200 billion VND.
(seafood.vasep.com.vn) June 2026 brought encouraging signs for Vietnam's tuna exports, with export value rising 20% year-on-year to nearly USD 72 million. However, this increase has yet to offset the prolonged slowdown seen in key markets such as the European Union (EU), where import demand remains weak. The outlook for the second half of the year is expected to become more challenging as freight rates continue to climb.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.
(seafood.vasep.com.vn) The Cooking Show will be one of the most engaging experiential highlights of Vietfish 2026. Taking place over three days, from August 19–21, 2026, at Hall B1, SECC, Ho Chi Minh City, the event will offer visitors a vibrant culinary space where Vietnamese seafood is showcased through its flavors, stories, and real-life culinary applications.
(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.
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