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.
(vasep.com.vn) On November 11, 2026, in Can Tho, the Vietnam Association of Seafood Exporters and Producers (VASEP) will organize the Vietnam Seafood Summit 2026 (VSS 2026) under the theme “Seafood Market Outlook 2027–2029: Opportunities and Headroom for Double-Digit Export Growth.”
(seafood.vasep.com.vn) Business leader Do Ngoc Tai, General Director of Tai Kim Anh Seafood Processing Joint Stock Company, was honored by the Vietnam Chamber of Commerce and Industry (VCCI) with the title “Outstanding Vietnamese Entrepreneur – Thanh Giong Cup 2026” at a ceremony celebrating Vietnam Entrepreneurs’ Day (October 13). The event took place on the evening of October 11, 2026, at the National Convention Center in Hanoi.
(vasep.com.vn) The global tilapia market is becoming increasingly segmented, not only among producing countries but also by product type and destination market. Supply is divided into groups with distinct competitive advantages: large volumes of whole fish and frozen fillets from Asia, high-value fresh fillets from Latin America, and substantial domestic consumption in several major producing countries.
(vasep.com.vn) Vietnam’s tuna exports to the UK grew in the first eight months of 2026, despite signs of slowing import demand in the market. However, sharp fluctuations in orders, competition from major suppliers, and new traceability requirements are creating challenges for Vietnamese exporters.
(seafood.vasep.com.vn) Vietnam is stepping up efforts to combat illegal fishing, protect marine ecosystems, expand digital monitoring, and develop science-based management to ensure the sea can support communities and the economy for generations to come.
(seafood.vasep.com.vn) The EU remains a critical market for Vietnamese shrimp; however, purchasing demand and import patterns are undergoing notable changes. According to Vietnam Customs data, as of September 15, 2026, Vietnam’s shrimp exports to the EU reached nearly $374 million, down 5% year-over-year and accounting for 10.7% of the country’s total shrimp export value. Meanwhile, the EU’s stotal shrimp imports through July 2026 contracted by 7% in volume, exhibiting divergent trends across Southern Europe, Northwestern Europe and Eastern Europe. These dynamics necessitate that Vietnamese enterprises closely monitor individualized market demand, rather than approaching the EU as a monolithic consumer block.
(seafood.vasep.com.vn) In the first eight months of 2026, Vietnam’s exports of surimi and fish cakes remained relatively stable year-over-year compared to 2025. Following a contraction in the initial months, export performance demonstrated improvement from June onward, peaking in August. However, the recovery has been uneven, characterized by divergent trends across major markets: robust growth was recorded in China, Japan, Malaysia, the United States, and Taiwan, whereas export volumes to South Korea, Indonesia, and select European markets contracted.
(seafood.vasep.com.vn) Pangasius remains one of Dong Thap’s key aquaculture species, with the province focusing on developing an integrated value chain covering seed production, commercial farming, deep processing and by-product utilization. The province is promoting high-tech, circular pangasius farming models featuring reduced water exchange and enhanced biosecurity, aiming to improve production efficiency and strengthen control over raw material quality.
(vasep.com.vn) Vietnam’s seafood exports in September 2026 are estimated at US$1.135 billion, up 11.9% year-on-year, bringing total exports in the first nine months of the year to US$9.103 billion, up 11.4%. Behind this double-digit growth, however, increasingly divergent market trends are emerging: China–Hong Kong and ASEAN posted strong growth, while the U.S., EU and Japan all recorded declines in September.
(vasep.com.vn) In the first eight months of 2026, Brazil became the largest market for Vietnamese tilapia, with export value reaching US$44 million, up 22,142% year-on-year and accounting for 49% of Vietnam’s total tilapia exports. In August alone, exports to Brazil reached US$4 million. However, behind this remarkable growth is a market that is imposing increasingly stringent requirements on imported supplies.
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