The VDB’s objective is to help large and small-scale fish farmers and enterprises having their own farms to keep business and reach the production of 800,000 MT in the last eight months of 2012; and support seafood companies to store finished products on purpose of getting higher export prices. Besides, the bank will assist healthy companies to re-buy other cash-strapped ones in an effort to avoid bankruptcy, ensure in-time payment in purchasing raw materials and export, as well as remain jobs for workers.
The bank’s financial aid aims to companies with pangasius processing plants and having export contracts. Companies owning large-scale fish farming area or completed production chain; large-scale fish farmers having contracts with processors; small-scale farmers linking closely with processors; and others in the production chain.
In the last eight months of the year, Vietnam pangasius industry expects to produce 800,000 MT of raw fish. In which 50 percent of fish comes from farms owned by fish processors, 20 percent from large-scale farmers and the rest 30 percent provided by small-scale suppliers.
According to VASEP, fish companies need an amount of VND10,000 billion to buy 400,000 MT of pangasius supplied by farmers at an estimated price of VND25 million per MT. VASEP urged VDB to provide fish processing companies with a financial rescue package valued VND10,000 billion with loan term of six months and preferential rate of below 10 percent. The borrowers will receive money along with their purchasing time.
Financial package for enterprises having their owned fish farms is estimated to total nearly VND7,000 billion, in which VDB would offer an amount of VND5,000 billion, equal to 70 percent with eight month loan term.
VASEP asked VDB to lend VND5,000 billion in favour processing companies. The bank was also called to help circle bad debts, re-buy these companies’ debts in other banks, as well as support companies to store products in order to boost export prices.
VDB is a policy bank with its goals of sustainable development. So far, it has made an active and important contribution to the creation and development of Vietnam pangasius industry and remained a reliable partner of pangasius business community.
Earlier, VASEP’s Vice Chairman Nguyen Huu Dzung had a meeting with VDB’s leaders to discuss VASEP – VDB cooperation program on supporting pangasius companies. At the meeting, VDB expressed its hope to work closely with VASEP to develop pangasius industry in both short and long terms. Two parties will outline and sign an official cooperation agreement soon.
In 2011, Vietnam totaled US$1.8 billion of pangasius export value, 45 times higher than US$40 million in 2001. With proportion of 30 percent in Vietnam total seafood export, pangasius ranked the second place after shrimp sector. However, in the first months of 2012, many pangasius exporters fell in financial troubles and need effective measures to get out of the tough time and improve competitiveness in international markets.
(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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