An initial US$100,000 grant will fund a scoping study to establish The Marine Change Enterprise (MCE), combining experts from Southeast Asia with 40 years of experience in seafood trading, fisheries management, and advocacy. Using for-profit and non-profit strategies, MCE will analyze the current state of Asia’s fishing industry using environmental, social, and economic criteria. MCE’s research will be used to improve the efficiency of the supply chain between small to medium sized regional fishing operations and Southeast Asian markets, creating sustainable and equitable fishing practices that are economically viable.
“Right now 30% of all fish caught in Asia is wasted before it even makes it to the marketplace,” explains Our Source Consultancy and MCE founder Andrew Bassford, “if the small-to-medium size fleets that dominate Asia can improve the efficiency of their operations, it will improve the supply chain as a whole.”
MCE’s work has global implications as well. Over the past 50 years, seafood production has shifted from the developed to the developing world. The Asia Pacific region alone produces over half of the world’s wild caught seafood and a staggering 90% of farmed seafood. Compounded by environmental degradation and climate change, the industry’s exponential growth has placed enormous stress on fish stocks, the fishing industry, and fishing dependent communities.
The uncertainty of Asia’s fishing industry has made it harder for local fishing communities to access needed funding from investors. In turn, Southeast Asian communities whose livelihoods have depended on fishing for generations have suffered an economic downturn, further perpetuating unsustainable fishing practices.
Despite the growing awareness of the private sector that current practices are not sustainable, the response by governments, NGOs, independent fisherman, and fishing fleets have not been collaborative, or comprehensive enough, to create substantial change. Give2Asia’s new partnership facilitates the broad response needed by experts, funders, and Southeast Asia’s fishing industry, to help reverse this trend.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
(seafood.vasep.com.vn) In November 2024, Vietnam's tuna exports failed to maintain the rapid growth momentum seen earlier. Export value during the month increased by nearly 4% year-on-year, reaching approximately USD 82 million. Cumulatively, the export value for the first 11 months of 2024 totaled USD 903 million, a 17% increase compared to the same period in 2023. However, at this growth rate, the total export turnover for 2024 is estimated to only reach around USD 1 billion.
(seafood.vasep.com.vn) On the evening of December 24, 2024, in Hanoi, the Central Youth Union, Viet nam Youth Federation and the Vietnam Young Entrepreneurs Association held the Vietnam Golden Star Award Ceremony 2024, with the theme "Reaching Vietnam", honoring 200 outstanding enterprises. Deputy Prime Minister Nguyen Hoa Binh attended.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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