A Government instruction issued in early August decreed that Tra fish farmers wishing to expand their business should be able to borrow money at the favourable interest rate of 11 percent, with many provinces already taking action.
The Government decision came after a series of meetings between ministries, the State Bank of Vietnam and the Vietnam Development Bank to discuss solutions for boosting livestock and aquaculture production.
The majority of the Tra fish growers set to benefit are concentrated in the Mekong Delta.
Accordingly, An Giang Province has disbursed roughly VND267 billion (US$12 million) for lending to farmers at the preferential interest rate of 11 per cent annually.
In Vinh Long, the Department of Agriculture and Rural Development said six farming households had been able to borrow loan from the provincial Agribank at the new rate.
Nguyen Huy Dien, Deputy Director General of the Directorate of Fisheries, said most of the outstanding loans that had been taken for the purpose of breeding, collecting and selling Tra fishes have been adjusted to bring rates below 15 percent.
Dien said currently, the cost for breeding Tra fishes is estimated to cost around VND8 billion (US$381,000) per hectare and often takes 8-10 months, forcing growers to ask for loans that take a similar time period to come through. At the same time, banks only permit short-term loans at several million dong per ha.
According to the Directorate of Fisheries, it has suggested that the Ministry of Agriculture and Rural Planning outline a policy that would allow non-governmental joint stock banks to offer preferential loans to Tra fish growers and raisers.
At the same time, it also suggests the Finance Ministry should allow Tra fish growers to recoup VAT taxes for costs related to buying food, as well as adding materials used in the production of livestock food to the price stablisation list.
Vietnam expects to hit its yearly Tra fish export target of US$1.8-2 billion, according to the Vietnam Seafood Exporters and Producers (VASEP).
The Vietnam Tra Fish Association is due to be inaugurated in September, a move expected to provide a further boost to the sector.
(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.
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(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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