After listening to the information shared by the EU ambassador on EU’s recommendations on IUU fishing, Deputy Minister - Mr. Vu Van Tam had a report on Vietnam's efforts in implementing 5 groups of issues that EU recommended.
At the meeting, the Minister – Mr. Nguyen Xuan Cuong affirmed that Vietnam is making efforts to approach the recommendations on IUU for the progress of the world fisheries, including Vietnam fisheries.
In terms of legal institutions, the Minister affirmed that EU’s recommendations are very useful to include in the revised Fisheries Law. Accordingly, there are 6 contents that must be resolutely included in the revised Fisheries Law, including:
1. Assess fish stocks by implementing survey every 5 years in combination to the appropriate fishing plan as recommended by the EU.
2. Establish Fisheries Surveillance Force in the Central and 28 provinces and cities to control fisheries activities on sea (control of vessels arriving or going offshore).
3. Continue to affirm the marine protected areas and aquatic conservation areas, united with the National Assembly members so that MARD can control to protect marine resources.
4. Apply the highest penalty related to IUU fishing activities in the Fisheries Law. The details will depend on the decree after the Law is approved.
5. The Law stipulates that vessel licensing must be based on investigated stocks, to allow vessels to be licensed in each province to control the number of vessels.
6. Introduce a new institution: establish a Fund for Fisheries Resources Protection at the central and provincial levels so that the Fund will be contributed every year to recovering biodiversity as well as marine resources.
In order to express the determination of MARD in line with the EU recommendations on IUU, towards sustainable fisheries, the Minister decided to focus immediately on 8 tasks:
1. Review the decision to set up the task force 689 to advise the Prime Minister on the mandate of 28 provincial chairmen who must control and not allow fishermen to fish illegally at foreign waters. The Steering Committee will petition the Prime Minister to direct a Deputy Prime Minister to take part in this issue.
2. The project of Sustainable Management of Marine Development will be soon completed so that in September 2017, MARD will submit to the Prime Minister.
3. Review and evaluate 3,000 vessels equipped with information positioning device and after the review, there will be a detailed plan on the solution for the vessels equipped with information positioning device to control vessels and not to let them go outside the controlled area.
4. Focus on the Ocean Fishing Project, as there are still a number of countries that want Vietnam to cooperate with them officially to fish and solve the labor and the jobs; Push the Project in September and submit to the Prime Minister for approval in the early October 2017.
5. Review the fisheries infrastructure to assess and petition to the government for its step by step support.
6. Build up livelihoods for fishermen and reduce the number of fishermen participating in fishing. There is a marine aquaculture planning program to reduce fishing activities. In addition, the MARD is focusing on cultivation and animal husbandry programs to shift a number of fishermen to work on land.
7. Join regional and international organizations in fisheries.
8. Focus more on propaganda and training for fishermen.
At this meeting, the Minister – Mr. Nguyen Xuan Cuong and Ambassador – Mr. Bruno Angelet agreed every six-month to jointly review the efforts and results that Vietnam has made in improving marine fishing activities following EU recommendations. With such efforts and determination, the Ministry of Agriculture and Rural Development and seafood enterprises expect Vietnam will avoid getting the yellow card from the EU.
(seafood.vasep.com.vn) The first two months of 2025 recorded positive signals in Vietnam's seafood export activities, with total revenue reaching USD 1.423 billion, growing 18.2% compared to the same period in 2024. In February 2025, the export value hit USD 655.197 million, showing an impressive growth of 42.6%.
(seafood.vasep.com.vn) Kiên Giang Province, home to over 13,000 fishing vessels, is intensifying efforts to combat illegal, unreported, and unregulated (IUU) fishing. Faced with challenges from offshore fishing, many vessels have shifted to near-shore fishing using destructive methods, severely damaging marine ecosystems.
(seafood.vasep.com.vn) Vinh Hoan Corporation (HOSE: VHC) continues to solidify its position as the leader in Vietnam's pangasius export industry with impressive business results in 2024 and positive prospects for 2025. Factors supporting growth, such as recovering demand, improved selling prices, and favorable international trade policies, make Vinh Hoan one of the top stocks to watch in investment portfolios for 2025.
Amid global trade uncertainties, Việt Nam is prioritising compliance with international market requirements to maintain and expand its agricultural exports.
On February 26, 2025, VinFast and the Vietnam Association of Seafood Exporters and Producers (VASEP) signed a comprehensive cooperation agreement to strongly promote green transformation goals. The collaboration between the two parties will contribute to the realization of the country’s sustainable development goals and help elevate the Vietnamese brand on the international market.
(seafood.vasep.com.vn) In 2024, the total brackish water shrimp farming area in Ca Mau reached 278,600 hectares, with a shrimp output of 242,000 tons. This output achieved 99.59% of the set target and marked a 4.57% increase compared to the same period last year. The average shrimp yield attained 869 kilograms per hectare per year, representing a 38 kilograms per hectare per year increase compared to 2023. Shrimp export turnover reached USD 1.12 billion, positioning Ca Mau amongst the nation's leading localities in this sector.
(seafood.vasep.com.vn) In 2024, Ben Tre province expanded its high-technology application in aquaculture by an additional 523 hectares, surpassing the planned target of 500 hectares and achieving a fulfillment rate of 104.6%. To date, the province has converted 3,633 hectares to high-tech aquaculture out of the 4,000-hectare goal, representing 90.82% progress towards the 2021-2025 phase plan. This sector yields an average productivity of 60-70 tons per hectare, with a total output reaching 221,282 tons. The average profit margin ranges from VND 700 to 800 million per farming season, delivering substantial economic benefits to the local populace.
(seafood.vasep.com.vn) In 2025 In 2025, Vietnam's brackish water shrimp industry will continue to grow sustainably, enhancing value-added products with strong contributions from local authorities and the business community.
(seafood.vasep.com.vn) In January 2025, the country's total seafood output was estimated at 594,100 tons, a 0.7% increase compared to the same period last year. Specifically, fish production reached 443,400 tons, up 0.7%; shrimp output was 56,300 tons, up 3.1%; and other seafood products totaled 94,400 tons, down 0.9%.
(seafood.vasep.com.vn) The industrial pangasius production in Vinh Long province in 2024 reached 95,100 tons, a 4% decrease compared to 2023. Despite the decline in production, positive trends in the final months of the year offer hope for improving economic efficiency in the near future. Additionally, the increase in the area for industrial pangasius farming and the maintenance of overall aquaculture area demonstrate the province’s efforts to sustain its production activities.
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