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.
On July 22, 2026, the Government issued Decree No. 292/2026/ND-CP detailing certain articles and providing measures for the organization and implementation of the Law on Foreign Trade Management. The Decree takes effect on September 5, 2026, replacing Decree No. 69/2018/ND-CP.
(vasep.com.vn) Vietnamese pangasius producer Vinh Hoan has won the top prize at the 2026 Seafood Excellence Asia Awards for its Cured Panga Croquette, highlighting the growing potential of value-added pangasius products in international markets.
(vasep.com.vn) The Global Shrimp Forum (GSF) 2026 is taking place from September 1–3 in Utrecht, the Netherlands, bringing together around 585 delegates from 40 countries, representing approximately 300 companies and organizations across the shrimp supply chain. Representatives from VASEP are attending the event as part of the Vietnamese delegation, strengthening connections with partners across the global shrimp industry.
(vasep.com.vn) At the international B2B seminar (Hosted Buyer Program) held as part of Vietfish 2026, Mr. Nguyen Hoang Pham, Sales Director of Tai Kim Anh Seafood Processing Joint Stock Company, delivered a presentation entitled “Vietnam’s Shrimp Industry: Changing for Sustainability.” From the perspective of a seafood processor, the presentation highlighted that Vietnam’s shrimp industry continues to play a leading role in seafood exports, but is entering a new phase of competition in which change is no longer an option, but a prerequisite for growth.
(seafood.vasep.com.vn) VIETFISH 2026 may have concluded after three dynamic days in Ho Chi Minh City, but conversations around the exhibition continue to resonate across international trade media, industry organizations, and the social media channels of participating companies.
(seafood.vasep.com.vn) Vietnam’s tilapia industry is maintaining strong growth momentum, with significant room for further expansion in the coming years. In 2025, total tilapia production reached approximately 420,000 tonnes, up 33% from 2024 and 2.2 times higher than in 2015. During 2015–2025, production grew at an average annual rate of around 8.4%. As production and exports continue to expand, food safety control is receiving increasing attention to ensure product quality, meet the increasingly stringent requirements of international markets, and provide a foundation for the sustainable development of Vietnam’s tilapia industry.
(seafood.vasep.com.vn) On the afternoon of August 19, 2026, as part of the Vietnam International Seafood Exhibition – Vietfish 2026, the Hosted Buyer Program continued with the seminar “Vietnam Seafood Outlook 2026–2027: A Strategic Sourcing Destination,” followed by 1-to-1 B2B meetings between international buyers and Vietnamese seafood businesses.
(seafood.vasep.com.vn) Speaking at the Opening Ceremony of VIETFISH 2026 on August 19 at the Saigon Exhibition and Convention Center (SECC), U.S. Consul General Melissa Brown highlighted the important role of the exhibition in connecting Vietnam’s growing seafood industry with buyers, suppliers, and partners from the United States and around the world.
(vasep.com.vn) Tomorrow, August 19, 2026, the Vietnam International Seafood Exhibition – Vietfish 2026 will officially open at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Taking place over three days, from August 19–21, Vietfish 2026 promises to provide a dynamic platform for business networking, trend updates, product experiences and comprehensive cooperation across the domestic and international seafood community.
(vasep.com.vn) The global tilapia market continues to grow, creating significant opportunities for countries with strengths in aquaculture, processing, and exports. Against this backdrop, Vietnam’s tilapia industry is gradually developing toward higher quality, greater product diversification, and broader market reach. At Vietfish 2026, the Vietnam Association of Seafood Exporters and Producers (VASEP), together with the VASEP Tilapia Producers and Exporters Club, will host a joint booth to promote the image and potential of Vietnamese tilapia to domestic and international buyers.
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