The trade war between the US and China is also harpooning the Asia-Pacific region and fueling sea changes in fish wars. By sheer volume, more than 50 percent of the world’s catch of marine and river fish, and almost 90 percent of global aquaculture come from this area.
To be clear, Asia’s fisheries and shrimp farms are essential for the food security and livelihoods of rural and coastal populations. However, the distribution imbalance of global fish production, coupled with fish trade tariffs, challenges socio-economic growth in poorer countries.
For emerging economies like Vietnam, the export of frozen catfish, or tra, has been a long-standing contentious trade issue in the US market. Despite the US having imposed anti-dumping duties now calculated at 25.39 percent, tra and catfish fillets accounted for 90 percent of the total imports to the US market in the first half of the year.
The growing popularity of fish in global markets like the EU, the US, China, and Japan frays more than the nets of fishers – it also disrupts and denigrates the commons. This “tragedy of the commons,” first coined by scientist Garret Hardin in 1968, describes what happens when groups or nations, pursue their self-interests above what’s best for all. Overfishing in the disputed South China Sea is an example where weak fishing regulations contribute to rampant illegal practices that often go unreported.
In the South China Sea, or the East Sea as the Vietnamese prefer to call this body of contested water, it’s clear that the ocean’s resources need more marine stewardship. Total fish stocks in the SCS have been depleted by 70-95 percent since the 1950s according to experts at the Asia Maritime Transparency Initiative (AMTI) at the Center for Strategic and International Studies (CSIS) in Washington DC. The region is facing an ever greater risk of catastrophic biodiversity losses. The wider environmental impact often gets intertwined in tricky sovereignty issues, as China’s long-distance water vessels continue to ensure their fish catches are boundless. Each and every day, Chinese steel trawlers are pushing their boundaries and prowling the deep seas as far away as the coast of West Africa.
In a review of the status of the world’s fisheries and aquaculture, The Pew Charitable Trust last week recommended to members of the Committee on Fisheries (COFI) of the UN Food and Agriculture Organization (FAO) that they take measurable steps to improve fisheries governance.
It’s no wonder that at this rate the Organization for Economic Cooperation and Development and the Food and Agriculture Organization (FAO) forecast a fishing growth rate of a meager 1.2 percent over the next decade.
“Illegal, unreported and unregulated (IUU) fishing has negatively affected Southeast Asia since it costs annually the region billions of dollars, accounting for more than 2.5 million tons of fish a year, or as much as a third of the regional catch,” writes Peter Chalk, an expert on maritime security at the US Naval Postgraduate School.
Despite these troubling forecasts, the fisheries sector remains a cornerstone of the Vietnamese economy and has contributed to an average growth rate of 7.9 percent. However, Vietnam, like other ASEAN countries and China, also contributes to illegal and unreported catches, disrupts ocean beds and destroys coral.
According to the FAO, Thailand’s fishing industry is also on a downward trend. The failure in stewardship of marine life falls heavily on an increasing number of marine biologists, who recognize that baselines have shifted and governments always act in their own self-interest with little regard for future conservation and sustainability.
“Amidst overexploited fisheries and further climate related declines projected in tropical fisheries, marine-dependent small-scale fishers in Southeast Asia face an uncertain future,” acknowledge Dr. Daniel Pauly and Lydia C.L. Ten, both of whom are scientists associated with the Institute for the Oceans and Fisheries at the University of British Columbia.
European Union sources reveal that the Commission completed a formal visit to Vietnam on May 16-24, 2018 to evaluate the progress of Vietnamese authorities in addressing the deficiencies that led to the yellow card adopted last October. The EU Commission has said that it will continue to cooperate with Vietnam to redress the situation that led to the issuance of the yellow card.
According to Enrico Brivio, a spokesman for the EU’s Environment, Maritime Affairs and Fisheries, Vietnam’s current yellow card status will not be reviewed until 2019. Thus, it joins the ranks of other violators including Thailand, The Philippines, and Papua New Guinea.
Cambodia remains on the export sidelines, having been issued a red card restricting all of its fish products into the EU. The country’s once bio diversely rich Tonle Sap Lake, a source for fish protein for over three million people, is also under threat of collapse from climate change and upstream dam construction.
Southeast Asia fisheries are at a turning point and the declining fish catches and collapsing fisheries need to be recognized as a food security risk for the region’s path to development. The Asia-Pacific Fishery Commission, a regional consultative forum, reaffirms that with over three million fishing vessels in the region and of that, two million fishing in the South China Sea and Bay of Bengal, the future of the fisheries is in peril.
This week, a Vietnamese delegation led by Vice Minister Vu Van Tam and joined by senior officials from the Ministry of Agriculture and Rural Development (MARD) have scheduled an administrative review with US Department of Commerce and International Trade Administration officials, to respond to the imposed penalties and tariffs on their fish exports.
Hanoi gets serious about illegal, unreported, and unregulated fishing
Recently, the Vietnamese government agreed to join the Port State Measure Agreement, (PSMA) established in 2016, to prevent and fight illegal, unreported, and unregulated (IUU) fishing. Many observers believe that this adhesion to PSMA is an important first step in bringing its fisheries legal framework in line with international standards.
“Enforcing effective port controls as a region is equally critical: illegal operators always look for the path of least resistance, and will therefore make their way to any ports with lax controls,” states PSMA expert Dawn Borg Costanzi.
In recent months, Vietnamese Prime Minister Nguyen Xuan Phuc has called for a national action plan to crack down on IUU issues, which would bring together 62 seafood companies to sign off on sustainable fishing practices.
With so much at stake, there seems to be increasing agreement among fishery experts and policy makers that fish stocks can be replenished through good management: enforcing quotas, cooperating on marine scientific research, penalizing trans-shipments, and developing marine protected areas to safeguard against further exploitation.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in February 2026, with many markets recording sharp increases compared to the same period last year. In February alone, export value reached USD 8.4 million, up 148% year-on-year. Cumulatively, in the first two months of 2026, total tilapia export turnover hit USD 23 million, soaring 242% compared to the same period in 2025.
(seafood.vasep.com.vn) In global seafood trade, sensory evaluation is increasingly becoming one of the key “technical barriers” in many importing markets-especially the United States. Issues such as filth, and signs of decomposition/spoilage are often detected through sensory evaluation methods and remain common reasons for seafood import alerts, detentions, or shipment rejections.
Shrimp has been the most important export product of Vietnam’s seafood industry for many years, typically accounting for 35–45% of the country’s total seafood export value. With a well-developed farming, processing, and export system, Vietnam has become one of the world’s leading shrimp exporters.
(seafood.vasep.com.vn) As geopolitical tensions in the Middle East continue to escalate, the global food market is facing increasing volatility in logistics costs, energy prices, and supply chains. In the seafood sector, alongside ocean-caught products such as tuna, the surimi-based product group—including fish cakes, crab sticks, fish balls, and other imitation seafood products—has also been affected to some extent by these developments.
(seafood.vasep.com.vn) According to the 2026 brackish-water shrimp farming calendar issued by the Da Nang Department of Agriculture and Environment, the 2026 crop started in early January and is expected to harvest in late June. However, stocking progress has been slower than planned as farmers remain cautious, focusing on pond renovation and production preparations.
(seafood.vasep.com.vn) After the Lunar New Year of Binh Ngo 2026, commercial clam prices in Ha Tinh province surged sharply, nearly doubling compared to normal levels and standing about 20–30% higher than the same period last year. The spike has encouraged many aquaculture households to accelerate harvesting and sell large volumes to the market.
(seafood.vasep.com.vn) In January 2026, Vietnam’s shrimp exports reached USD 379.6 million, up 22% compared to the same period in 2025. The double-digit growth in the very first month of the year signals a relatively positive recovery in orders, particularly in Asian markets.
(seafood.vasep.com.vn) From the very beginning of 2026, India’s shrimp industry has received a series of favorable trade signals: U.S. reciprocal tariffs have been reduced, while the successful conclusion of a Free Trade Agreement (FTA) with the EU has opened prospects for eliminating nearly all seafood tariffs in the coming years. This shift not only enables Indian shrimp to quickly offset declines in the U.S. market, but also reshapes the global competitive landscape, placing greater pressure on Vietnamese shrimp exporters in terms of price, market share, and strategic positioning.
(seafood.vasep.com.vn) Entering 2026, Vietnam’s pangasius industry is recording many positive signals, both in terms of raw fish prices and export prospects. Export turnover this year is projected to reach approximately USD 2.3 billion. Amid ongoing volatility in the global market, diversifying export destinations, reducing dependence on major markets, and effectively leveraging free trade agreements (FTAs) are considered key to maintaining sustainable growth and creating new momentum for the pangasius sector.
(seafood.vasep.com.vn) With forecasts indicating that weather conditions in 2026 may become more complex—featuring prolonged heatwaves, unseasonal rains, and increased salinity intrusion—the agricultural sector of Can Tho City advises brackish water shrimp farmers to strictly follow the seasonal farming calendar and strengthen pond environmental management to minimize risks and improve production efficiency.
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
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn