On March 08, 2019, the Government promulgates the Decree No. 26/2019/ND-CP on providing guidelines for implementation of the Law on Fisheries.
With the average seafood import demand of 4.1-4.5 billion USD/year, Vietnam seafood has great room to increase exports to the UK market thanks to the push from the UKVFTA Free Trade Agreement.
In 2008, the European Commission (EC) issued Regulation 1005/2008 on illegal, unreported and unregulated fishing (IUU). According to the regulation, the countries exporting exploited products to the European Union (EU) must comply with the regulations on IUU.
(seafood.vasep.com.vn) The PM has sent official telegram No. 732/CD-TTg on prevention, reduction and stopping of infringements by Vietnamese fishing vessels and fishermen regarding illegal fishing in foreign countries’ waters.