The IATTC meeting and the 27th Meeting of the Parties of the International Programme for the Protection of Dolphins (Apicd) were held between 3 and 14 June in the Mexican city of Veracruz.
During the IATTC meeting a ban was approved on yellowfin tuna (Thunnus albacares) for 62 days between 2014 and 2016. Besides, a catch quota amounting to 5,000 tonnes was approved for the bluefin tuna (Thunnus thynnus orientalis).
In this regard, the National Commission of Aquaculture and Fisheries (Conapesca) noted that both measures are fully consistent with the best scientific evidence available.
Furthermore, Conapesca authorities were very satisfied by the fact that these provisions "are exactly those recommended by the scientific staff of the Commission and were accepted by the Mexican tuna industry."
They also noted that, for the first time, rules have been established to control the use of Fish Aggregating Devices (FAD). This tuna fishing method, used by various fleets, is considered highly predatory because it captures multiple juvenile tuna specimens and multiple species, such as sharks and turtles.
This proposal had been discussed for several years, but no consensus has been reached to date.
Conapesca head, Mario Aguilar Sanchez, highlighted the important research and assessments on the abundance of fish stocks the IATTC per forms, which he described as key to ensuring the sustainability and exploitation of tuna.
At present, tuna production ranks third in volume and in value in Mexico, with 124,935 tonnes in 2012 for a value amounting to MXN 1,307 million (USD 101.1 million).
The meeting held in Veracruz was attended by delegates from over 20 countries that are members of the IATTC, industry representatives, non-governmental organizations and several international organizations.
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
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