Vietnam Association of Seafood Exporters and Producers (VASEP) Deputy General Secretary Nguyen Hoai Nam said that there is a lack of consistency among existing legal documents on seafood production, making it difficult for enterprises to comply. He pointed out that, for example, Decree 37/2024/ND-CP dated April 4, 2024 guiding the implementation of several points of the Law on Fisheries and Decree 38/2024/ND-CP on administrative penalties for violations in fisheries still causes different understandings related to the mixing of imported fishery products with those domestically exploited. It should be made clear how that mixing is banned, in a batch for export, in a container, or in any situation, he said. The fact is that not every batch has products processed from raw materials of the same origins, but they are mixed because raw materials of domestic origin alone are not adequate to meet the demand. The key is that enterprises must be able to prove the fishing practices are legal, he said. VASEP President Nguyen Thi Thu Sac said that fisheries businesses commit to work with the Government in the process of removing the yellow card warning against illegal, unreported and unregulated (IUU) imposed by the European Commission. However, when issuing regulations, State management agencies should clearly define the goal that control should be on the entire fishery value chain, from exploitation and processing to exporting, she said. Sac pointed out that most enterprises operating in the fishery industry are of small or medium size which makes it easier for them to quit the market or just produce following outsourcing contracts. Thus, besides removing IUU yellow card, it is necessary to create favourable conditions for businesses to operate efficiently and ensure incomes for fishermen and workers to increase the added value of the fishery chain. The Government early this week issued Resolution 52/NQ-CP on action programme and plan to combat IIU and promote sustainable development of the fisheries industry. Accordingly, the focus will be on ensuring no illegal fishery products are exported and IUU fishing will be thoroughly handled. The long-term solution is to urgently review and improve policies for the fisheries industry, especially policies on aquaculture, exploitation, protection and development of aquatic resources, preservation and processing for export, as well as support to modernise fishing practices and improve livelihoods of fishermen and enhance their practices in line with domestic and international regulations./.VNA
(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.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
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