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) Nearly US$1.7 billion is the projected gap in 2029 between the baseline scenario and a scenario in which Vietnam’s seafood exports grow by 10% annually, according to calculations by VASEP to be presented at Vietnam Seafood Summit 2026. This gap raises a key question for the entire industry: Which markets, products and supply chain improvements will generate the additional growth?
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
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