The European Commission (EC) has rescheduled an inspection on illegal, unreported, and unregulated (IUU) fishing in Vietnam from May to this upcoming autumn, according to Director of the Fisheries Resources Surveillance Department Nguyen Quang Hung. The visit will take place around September-October instead of May, as previously expected. In the interim, Vietnam will continue to take strict actions to have the EC’s 'yellow card' for local fishery products removed. Deputy Prime Minister Tran Luu Quang is also expected to chair a meeting and conduct a field visit on measures against IUU fishing in coastal areas in June. The Ministry of Natural Resources and Environment (MONRE) will also have a monthly plan for on-site inspections along the coast starting now and continuing until the EC’s visit. Hung emphasised that the key priorities in the meantime are minimising violations committed by local fishing vessels in foreign waters and strictly enforcing regulations. At the same time, authorities must take action for vessel management to ensure eligibility for fishing at sea, in addition to verifying fishery product origins at the ports. “These are the key tasks and they must be radically addressed with visible results from now until September in order for us to have a chance at lifting the ‘yellow card’. “Otherwise, it would be very difficult to report to and negotiate with the EC,” said Hung. Deputy Minister of Agriculture and Rural Development Phung Duc Tien also stressed that authorities must follow the EC’s four groups of recommendations for Vietnam, alongside the completion of policy frameworks, specific action plans and strengthened inspections on fishing fleets. Authorities must also ensure that 100% of the vessels have a vessel monitoring system (VMS) installed, and that no ships are allowed to set sail without meeting all the requirements. A digital tracing plan is also expected to be issued to prevent documentation fraud in product origin certification. Higher administrative fines will also be imposed for violations. According to a report from the MONRE, the EC’s fourth IUU fishing inspection in Vietnam in October last year showed that positive progress had been made, but limitations and shortcomings still remain, which means the 'yellow card' warning has not been removed. The removal of the 'yellow card' on marine products is seen as a critical and urgent task for Vietnam, as the European Union is among the top three largest export markets for Vietnamese seafood, only behind the US and China./.
(seafood.vasep.com.vn) The Board of Directors of International Development & Investment Corporation (IDI) is confident of completing this year's profit plan in the context of gradually recovering demand for pangasius in China and Mexico.
(seafood.vasep.com.vn) Some farmers in Soc Trang province have successfully applied a balanced biological shrimp farming technique, which eliminates the use of chemicals to minimize environmental impacts. This is a model of farming that adapts to climate change.
8 finalists have been named in the best new seafood product competition to be awarded at Seafood Expo Asia, taking place 4 to 6 September at the Sands Expo and Convention Centre in Singapore.
(seafood.vasep.com.vn) The "Cooking Show - Tasting delicious seafood" area at Vietfish 2024 organized by VASEP has always been a favorite highlight for visitors, especially domestic consumers. This area is not only a place to showcase a variety of flavors and high-quality Vietnamese products that are renowned in the global market but also a venue where consumers can experience captivating and visually appealing culinary performances by professional chefs.
(seafood.vasep.com.vn) Vietnam's shrimp exports reached $375 million in July 2024, a 17% increase from July 2023. Shrimp exports in July recorded the highest value since the beginning of the year and this is also the month when Vietnam's shrimp exports saw the best growth rate since February this year. In the first 7 months of this year, the shrimp export turnover reached over $2 billion, up 8% compared to the same period last year.
The rice-shrimp cultivation area of Thoi Binh district in the Mekong Delta province of Ca Mau has received Best Aquaculture Practices' (BAP) certification of the Global Aquaculture Alliance (GAA).
(seafood.vasep.com.vn) In the past 7 months, the weather situation did not fluctuate much, contributing to ensuring favorable conditions for fishing and aquaculture activities in Da Nang. The total output of fisheries and aquaculture in the past 7 months increased compared to the same period last year.
(seafood.vasep.com.vn) With Japan currently a key market, the business results of Sao Ta Food Joint Stock Company (stock code FMC) in the second half of this year are expected to benefit from the Yen's appreciation again.
(seafood.vasep.com.vn) As of the end of July 2024, Can Tho City's total fishery output was estimated at 137,963 tons, a 11.32% increase compared to the same period last year. Of this, aquaculture production reached 134,669 tons, a 11.27% increase, mainly attributed to pangasius.
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