This funding is more than double the amount that was available to Ireland during the last period from 2007 to 2013.
In announcing the EU funding, Minister Coveney said: “The new Common Fisheries Policy (CFP) is a major overhaul of the way which fishing is carried out in EU waters, the purpose of which is to provide a framework for the long term sustainability of fish stocks and the whole industry. The fund will provide support for our fishing fleet to meet the challenges of the new discards ban; it will support the development of the seafood processing sector, a sustainable aquaculture industry and the communities that depend on a vibrant seafood industry.”
Ireland must now prepare a programme setting out the arrangements for spending the fund and submit this to the Commission by 20 October 2014.
The Department has been working on the new Operational Programme since 2013 and has engaged with stakeholders on a number of occasions to date. Further public consultation and strategic environmental assessment will take place over the summer 2014.
“We have already being consulting stakeholders on the framework for the new programme. Now that we know the amount of funds we have available we can finalise these consultations and put in place an ambitious programme of support that delivers on the priorities of the fishing industry and other stakeholders,” Coveney added.
The announcement that Ireland has secured EUR 148 million in EU aid for the fisheries and seafood sector was welcomed by IFA’s Aquaculture Section.
“The European Commission has placed the development of sustainable aquaculture as its highest priority to address serious employment problems, reinvigorate the economies of coastal areas and displace the influx of imported fish, which now account for over two thirds of consumption by European Consumers”, said IFA Aquaculture Executive, Richie Flynn. “The clear EU commitment to aquaculture in monetary terms must be matched by Government with a renewed vigour at home to cut red tape and remove backlogs in licensing created over many years.”
“IFA has lobbied intensively for a fair share of EU funds for the fish and shellfish farming sector since the current Common Fisheries Policy review began. Now the attention turns home to making sure that companies and individuals with high quality seafood products, new ideas and an ability to create jobs and exports can make the most of this tremendous opportunity.
Government must ensure that every cent of EU funding is maximised to ensure the aquaculture sector reaches its true potential and takes advantage of the growing high value market demand for seafood products from Ireland.”
On July 22, 2026, the Government issued Decree No. 292/2026/ND-CP detailing certain articles and providing measures for the organization and implementation of the Law on Foreign Trade Management. The Decree takes effect on September 5, 2026, replacing Decree No. 69/2018/ND-CP.
(vasep.com.vn) Vietnamese pangasius producer Vinh Hoan has won the top prize at the 2026 Seafood Excellence Asia Awards for its Cured Panga Croquette, highlighting the growing potential of value-added pangasius products in international markets.
(vasep.com.vn) The Global Shrimp Forum (GSF) 2026 is taking place from September 1–3 in Utrecht, the Netherlands, bringing together around 585 delegates from 40 countries, representing approximately 300 companies and organizations across the shrimp supply chain. Representatives from VASEP are attending the event as part of the Vietnamese delegation, strengthening connections with partners across the global shrimp industry.
(vasep.com.vn) At the international B2B seminar (Hosted Buyer Program) held as part of Vietfish 2026, Mr. Nguyen Hoang Pham, Sales Director of Tai Kim Anh Seafood Processing Joint Stock Company, delivered a presentation entitled “Vietnam’s Shrimp Industry: Changing for Sustainability.” From the perspective of a seafood processor, the presentation highlighted that Vietnam’s shrimp industry continues to play a leading role in seafood exports, but is entering a new phase of competition in which change is no longer an option, but a prerequisite for growth.
(seafood.vasep.com.vn) VIETFISH 2026 may have concluded after three dynamic days in Ho Chi Minh City, but conversations around the exhibition continue to resonate across international trade media, industry organizations, and the social media channels of participating companies.
(seafood.vasep.com.vn) Vietnam’s tilapia industry is maintaining strong growth momentum, with significant room for further expansion in the coming years. In 2025, total tilapia production reached approximately 420,000 tonnes, up 33% from 2024 and 2.2 times higher than in 2015. During 2015–2025, production grew at an average annual rate of around 8.4%. As production and exports continue to expand, food safety control is receiving increasing attention to ensure product quality, meet the increasingly stringent requirements of international markets, and provide a foundation for the sustainable development of Vietnam’s tilapia industry.
(seafood.vasep.com.vn) On the afternoon of August 19, 2026, as part of the Vietnam International Seafood Exhibition – Vietfish 2026, the Hosted Buyer Program continued with the seminar “Vietnam Seafood Outlook 2026–2027: A Strategic Sourcing Destination,” followed by 1-to-1 B2B meetings between international buyers and Vietnamese seafood businesses.
(seafood.vasep.com.vn) Speaking at the Opening Ceremony of VIETFISH 2026 on August 19 at the Saigon Exhibition and Convention Center (SECC), U.S. Consul General Melissa Brown highlighted the important role of the exhibition in connecting Vietnam’s growing seafood industry with buyers, suppliers, and partners from the United States and around the world.
(vasep.com.vn) Tomorrow, August 19, 2026, the Vietnam International Seafood Exhibition – Vietfish 2026 will officially open at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Taking place over three days, from August 19–21, Vietfish 2026 promises to provide a dynamic platform for business networking, trend updates, product experiences and comprehensive cooperation across the domestic and international seafood community.
(vasep.com.vn) The global tilapia market continues to grow, creating significant opportunities for countries with strengths in aquaculture, processing, and exports. Against this backdrop, Vietnam’s tilapia industry is gradually developing toward higher quality, greater product diversification, and broader market reach. At Vietfish 2026, the Vietnam Association of Seafood Exporters and Producers (VASEP), together with the VASEP Tilapia Producers and Exporters Club, will host a joint booth to promote the image and potential of Vietnamese tilapia to domestic and international buyers.
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