(seafood.vasep.com.vn) In 2020, Vietnam's seafood exports brought in $ 8.4 billion, down 1.9% from 2019, of which farmed seafood (shrimp, pangasius) accounted for 62% with $5.2 billion, capture fisheries accounted for 38% with US$ 3.2 billion.

(seafood.vasep.com.vn) Free trade agreements (FTAs) that come into effect and put into effect in 2020 have created favorable conditions for our country's goods to be exported abroad in the past year. After falling continuously in the first half of the year due to the impact of the Covid-19 epidemic, Vietnam's seafood exports started to recover from July. Especially, thanks to the Vietnam - EU Free Trade Agreement (EVFTA). Effective from August 2020, seafood has continued to have double-digit growth since September.

(seafood.vasep.com.vn) In 2020, the fisheries sector experienced loads of difficulties such as export activities are interrupted due to the Covid-19 pandemic; the consumption demand for high-value aquatic products contracted; the weather was not favorable for fisheries production, etc. Notwithstanding, according to the Directorate of Fisheries (D-Fish), Vietnam's total seafood production still rose by 1.8% to reach 8.4 million MT. Of which, the capture production reached 3.85 million MT, up 2.1%, the aquaculture production reached 4.56 million MT, up 1.5%, and the export turnover achieved US$8.4 billion.

(seafood.vasep.com.vn) The 2020 was a turbulent year for the world economy with many nations suffering tremendous losses due to the COVID-19 pandemic. Vietnam has been less affected by the pandemic thanks to extraordinary efforts of the industry. Notwithstanding, everything from life to socio-economic, education, and national security has undergone many months of upsetting. Vietnam's seafood industry has been affected by various issues. Continued difficulties from key export markets and natural disasters have caused both farmers and businesses to worry to fight for "survival". At the end of the year, the total seafood export value of Vietnam reached 8.41 billion USD, slightly down 1.9% compared to 2019. This result reflects the tireless efforts of seafood enterprises in the light of the pandemic crisis.

Vietnam is one of the biggest producers of ASC certified seafood with hundreds of certified farms, but one company still managed to achieve a first for the country last year.

(seafood.vasep.com.vn) Vietnam sets a target achieving seafood export turnover of US$14-16 billion by 2030 and creates jobs for 3.5 million workers. By 2045, fisheries will be a modern commercial economy, a deep seafood processing hub, which belongs to the group of three leading countries in the world.

(vasep.com.vn) Vietnam needs to implement measures to trace the origin of seafood, determined to implement the recommendations of the European Commission to remove the IUU yellow card.

Fishermen and seasonal workers are working hard making a seafood product that Phu Quoc is particularly famous for: dried anchovy.

(vasep.com.vn) In 2020, the Covid-19 pandemic spread out all over the world that had a tremendous impact on the world tuna industry in general and the Vietnamese tuna industry in particular. Despite the difficulties, Vietnamese tuna processing and exporting enterprises have still been making efforts to overcome drawbacks.

In order to meet state management and market requirements, the Directorate of Fisheries (Ministry of Agriculture and Rural Development of Vietnam) is implementing software and piloting of electronic traceability in seafood supply chain.

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.

The Viet Nam Association of Seafood Exporters and Producers said it plans several measures to help its members further penetrate the global supply chain and enable the fisheries sector to reach its export target of US$12 billion in 2025, 40 per cent higher than this year.

Phung Duc Tien, Deputy Minister of Agriculture and Rural Development speaks to Vietnam Agriculture Newspaper about strategies to preserve and develop sustainable aquatic resources.

(seafood.vasep.com.vn) In order to contribute to raising awareness of seafood processing enterprises, fishing vessel owners and the fishing community about the importance and principles of not using child labor, prevention of illegal, unreported and unregulated fishing (IUU), towards building sustainable fisheries, VASEP has cooperated with the Directorate of Fisheries (Ministry of Agriculture and Rural Development) and International Labor Organization in Vietnam (ILO Vietnam) carrying out many propaganda activities.

The Aquaculture Stewardship Council (ASC) is updating its variance requests (VR) process, a move that will give shareholders and NGOs the opportunity to contribute to decisions on local variances to the ASC standards.