The Cuu Long (Mekong) River Delta will need around VND60 trillion (US$2.88 billion) to sustainably develop the local fisheries sector, officials said at a conference held in Can Tho City late last week.

Russia's recent entry into the World Trade Organization (WTO) will not have a negative affect on the domestic fishery industry, according to statements of Vasily Sokolov, deputy head of Rosrybolovstvo, which were made during the recent Vladivostok International Fishery Congress.

(vasep.com.vn) In the first 9 months of 2012, the U.S. was the fifth largest importer of Vietnam cephalopod and the third largest market of bivalve mollusk with the proportion of 2 percent and 8 percent, respectively out of Vietnam’s total export value of these items.

The Chilean government has presented the first seafood consumption campaign nationwide, designed to encourage fish and shellfish consumption at least twice a week.

Reduced quotas and catches in Peru and Chile, combined with the increasing likelihood of another El Niño late in the year are driving fishmeal and fish oil prices higher this year, according to a Globefish report.

Major U.S. retailers are being told to buy MSC certified tuna for their customers, but there is one major problem: there is still very little of the sustainably caught tuna available to purchase.

The scope for boosting relationship between India and Australia in promoting tuna fish trade from Visakhapatnam was discussed during a recent meeting.

The Spanish government is eyeing to increase the quota for bluefin tuna, backed by an assessment by the Scientific Committee of the International Commission for the Conservation of Atlantic Tunas.

(vasep.com.vn) Vietnam’s pangasius sector got year-on-year drop in export to Russia in the third quarter and the first nine months of 2012. The industry reported US$12.4 million of pangasius sales to Russia in the second quarter of 2012, while it reached US$18.01 million in the same quarter of 2011.

Online grocery sales continue to grow, benefitting fresh and frozen seafood products, according to a new report.

The Joint Norwegian-Russian Fisheries Commission met in Trondheim, Norway yesterday to set the annual quotas for the main fish stocks in the Barents Sea. The two parties agreed that the quotas for cod will be a record high of one million tons in 2013. The fish is estimated to have a catch value of NOK 15 billion (€2 billion).

Myanmar's fisheries sector is not yet ready to take advantage of the proposed easing of sanctions by the European Union and United States, exporters said last week.

(vasep.com.vn) As of September 2012, Vietnam tuna exports touched US$436.2 million, up 53.2 percent from that of the same period of 2011.

The average CIF prices at Customs of Japanese imports of itoyori surimi in August was JPY 249/kg, down 2% on that of the previous month and up 1% on that of August 2011. In the first eight months, the average has been JPY 253, up 2% on that of the same period in 2011.

The shrimp complex generally carries a full steady to firm tone although demand is characterized by most as dull. Replacement offerings from many areas continue firm.