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) In 2023, total pangasius imports into the European Union saw a significant decline compared to the previous year. Approximately 70,000 tons were imported, 3,000 tons less than in 2022, according to a report from FAO-Globefish.
(seafood.vasep.com.vn) On December 11, Vinh Hoan Joint Stock Company (Vinh Hoan Corp) was once again honored in the "Top 50 Most Effective Businesses in Vietnam" ranking, compiled annually by the Investment Bridge Magazine. This marks the 11th consecutive year Vinh Hoan has been recognized in this prestigious list.
(seafood.vasep.com.vn) The purchase price of raw pangasius in the first 11 months of 2024 remained at 26,000-27,000 VND/kg. However, farmers faced challenges in earning profits due to rising costs of fish feed, fuel, and labor during the year.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX) recently announced its production and business results for November 2024, showing a 5% year-over-year increase in revenue but a 21% decline compared to the previous month.
(seafood.vasep.com.vn) Soc Trang province underscores the critical role of the fisheries sector in driving its socio-economic development. Located along Vietnam's coastline, the province features 72 km of shoreline, three major estuaries—Dinh An, Tran De, and My Thanh—and a dense river network encompassing diverse ecosystems, including saltwater, brackish, and freshwater. These natural resources provide ideal conditions for the growth of aquaculture, making the fisheries sector a cornerstone of Soc Trang’s economic strategy.
(seafood.vasep.com.vn) In 2024, the pangasius industry in Dong Thap is projected to achieve a production value of VND 8.802 billion, marking a 2.86% increase compared to 2023 and accounting for over 17% of the province's total agricultural, forestry, and fishery production value.
(seafood.vasep.com.vn) Vietnam's tuna exports to Japan have seen robust growth over the past two months. Data from Vietnam Customs shows that in October 2024 alone, tuna exports to Japan surged by 31% year-on-year, reaching nearly USD 3.5 million. This growth has offset the decline experienced in the first half of the year, raising the total export value for the first ten months of 2024 to nearly USD 28 million, a 5% increase compared to the same period last year.
A business forum was held by the Dutch Embassy in Vietnam in collaboration with the Ministry of Agriculture and Rural Development (MARD) in the Mekong Delta city of Can Tho on November 27, seeking ways for sustainable aquaculture in the region.
(seafood.vasep.com.vn) On November 18, Ms. Truong Ha Phuong Anh, Director of the Center for Investment Promotion and Business Support (iPEC), stated that during the Ca Mau Province Agricultural and Aquatic Products Trade Promotion Conference 2024, held on November 15, there were 209 direct trade interactions between 42 seafood processing and exporting enterprises, OCOP producers in the province, and five leading domestic retail companies: Central Retail, Saigon Co.op, Kingfood Mart, Bach Hoa Xanh, and Satra Supermarket.
In 2024, the Binh Dinh Agricultural Extension Center successfully implemented a semi-intensive and intensive two-stage whiteleg shrimp farming model using Semi-Biofloc technology.
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