The southern province of Ba Ria-Vung Tau has ordered its Department of Agriculture and Rural Development to get tougher on illegal fishing in foreign waters by local fishing ships and their owners. The order was made by Vice Chairman of the provincial People’s Committee Le Ngoc Khanh during a February 23 conference to review local measures against the illegal practice under Resolution 12-NQ/TU issued by the provincial Party Committee’s Standing Board over the last two years. Khanh requested to be provided with a list of ships involved in illegal fishing in foreign waters during 2019 – 2020 and tasked the Department of Agriculture and Rural Development and relevant units with adopting stronger actions and sanctions for violators. Awareness campaigns should be accelerated to educate fishermen and vessel owners that fishing in foreign waters without permission is against the law, he said. Director of the provincial Department of Agriculture and Rural Development Tran Van Cuong reported that the number of local ships caught by foreign countries for illegally entering their foreign waters has declined sharply in recent time, with almost no case reported during August 2019 to March 2020.
Since 2019, provincial authorities have inspected and verified more than 129,620 vessel arrivals at and departures from local ports, he said.
According to the official, Ba Ria-Vung Tau has traced origins of catch products and strictly punished those committed to illegal fishing and trading and processing of these products. He added that the province has also cracked down on a number of gangs arranging illegal encroachment of fishing ships into foreign waters. However, it remained common for ships catching fish in areas along the sea border and in overlapping areas, he continued. Only 86 percent of fishing boats have been installed with cruise monitoring devices, and the percentage is lower than the goal set by the government’s Decree 26/2019/ND-CP on measures to enforce the Law on Fisheries./.
(seafood.vasep.com.vn) The outlook for Vietnam’s seafood exports remains positive, with a strong focus on maintaining growth in key markets like China and the U.S., while diversifying into new regions. As global trade policies continue to evolve, adaptability and strategic planning will be key to navigating the challenges ahead.
(seafood.vasep.com.vn) Thanks to improved pangasius prices and higher production, Vĩnh Hoàn's after-tax profit in Q4 2024 reached VND 440 billion, a 4.8-fold increase compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam’s Customs, in Q4 2024, Vietnam’s pangasius exports to China & Hong Kong reached USD 163 million, a 17% increase compared to the same period in 2023, with consistent growth across all months. The total value of pangasius exports to China & Hong Kong for 2024 reached USD 581 million, a 1% increase over the previous year.
Vietnam’s seafood exports are projected to maintain strong growth this year, potentially reaching 11 billion USD.
(seafood.vasep.com.vn) In the final quarter of 2024, Vietnam’s surimi and fish cake exports showed consistent growth over the last three months. For the entire year 2024, exports of these products reached USD 298 million, down 2% compared to 2023. However, the final quarter saw more promising signs for the surimi and fish cake export sector, with some markets experiencing notable growth, such as Thailand, China, and Taiwan. Particularly, exports to Taiwan, which had seen continuous declines in the previous two quarters, surged by 301% in this quarter.
(seafood.vasep.com.vn) Another year of pride for Vietnam's pangasius exports has concluded, reaching over USD 2 billion and contributing 20% to Vietnam's total seafood export turnover.
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
(seafood.vasep.com.vn) Despite facing numerous challenges in the second half of the year, Vietnam's canned tuna exports concluded 2024 with a 17% increase compared to 2023, reaching USD 299 million. To maintain this growth momentum in 2025, the canned tuna production and export sector requires coordinated efforts from all stakeholders.
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
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