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.”
(seafood.vasep.com.vn) Vietnam’s shrimp industry is entering a period of strong transformation with the emergence of various high-tech farming models, helping improve productivity and competitiveness. Over the past 5–10 years, farming practices have shifted from traditional methods to intensive and super-intensive systems, featuring lined ponds, environmental sensors, automated feeding, and data management.
(seafood.vasep.com.vn) With a focus on sustainable development, high-tech application, and climate change adaptation, An Giang Province aims to maintain its brackish water shrimp production in 2026 at a level equivalent to the previous year. Specifically, output is projected to reach over 155,510 tons, serving both domestic consumption and export processing, thereby sustaining the fisheries sector’s key role in the local economic structure.
(seafood.vasep.com.vn) In the Mekong Delta, key pangasius farming provinces such as An Giang, Dong Thap, and Can Tho are accelerating the transition toward a circular economy model, contributing to higher product value and reduced environmental impact. Instead of focusing solely on farming and processing, the pangasius value chain is increasingly utilizing by-products and waste streams to generate added value.
(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.
(seafood.vasep.com.vn) – On March 19, at the Government Headquarters, Prime Minister Pham Minh Chinh held a meeting with the European Commission (EC) inspection delegation on combating illegal, unreported and unregulated (IUU) fishing, led by Mr. Fernando Andresen Guimaraes, Head of Unit at the Directorate-General for Maritime Affairs and Fisheries (DG MARE).
(vasep.com.vn) Australia is emerging as one of the most stable and promising growth markets for Vietnamese shrimp. Amid global trade disruptions driven by geopolitical tensions—particularly conflicts in the Middle East—strengthening and expanding into stable markets like Australia has become increasingly important for Vietnam’s shrimp industry.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s squid and octopus exports reached over USD 111 million, up 23% compared to the same period in 2025. This result indicates a positive start for the sector, reflecting early signs of demand recovery in multiple markets from the beginning of the year.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s fisheries sector maintained positive growth momentum, with shrimp output exceeding 132 thousand tons. This result contributed to a strong increase in seafood export turnover, despite ongoing volatility in the global economy.
(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.
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