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) A project titled "Sustainable Shrimp Industry Governance" has been launched in Ca Mau Province with the aim of supporting the transition of the province's shrimp industry toward higher quality, lower emissions, stronger governance capacity, improved supply chain traceability, and the development of a sustainable shrimp brand that meets the increasingly stringent requirements of export markets.
(seafood.vasep.com.vn) Khanh Hoa Provincial Agricultural Extension Center, in collaboration with the Northern Center for Marine Aquaculture Research and the Van Hung Public Service Center, recently organized a training course on disease-free golden pompano seed production. The program is part of a National Agricultural Extension Project aimed at developing industrial-scale seed production models to support sustainable marine aquaculture.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
(seafood.vasep.com.vn) The application of high technology in shrimp farming is delivering positive results in the coastal areas of Vinh Long Province, contributing to improved production efficiency and creating significant potential for further industry expansion. However, to fully capitalize on this potential, the province is focusing on aquaculture zoning, infrastructure investment, and promoting modern, sustainable production.
(seafood.vasep.com.vn) Đồng Tháp Province has intensified efforts to curb illegal fishing by strengthening vessel monitoring, law enforcement and seafood traceability.
(seafood.vasep.com.vn) Seafood businesses need solutions to overcome bottlenecks such as labor shortages, difficulty accessing capital, high input costs, and administrative procedures in order to maintain production, adapt to market fluctuations, and effectively exploit export opportunities.
(seafood.vasep.com.vn) The FTA would widen access to markets with strong demand for premium food products in line with the country’s strategy of shifting exports towards increasing added value.
(seafood.vasep.com.vn) On the morning of July 13th, Mr. Ho Quoc Dung, Member of the Central Committee of the Communist Party of Vietnam and Deputy Prime Minister, along with his delegation, visited and worked with businesses in An Giang province to promptly resolve obstacles and promote production and business activities.
(seafood.vasep.com.vn) As importing markets increasingly focus on biosecurity and traceability, Vietnam has established a relatively comprehensive legal framework and disease management system for aquaculture, covering tilapia farming as well as other cultured species. This system is based on the Law on Animal Health, regulations on the prevention and control of aquatic animal diseases, the National Plan for the Prevention and Control of Major Diseases in Farmed Aquatic Species, and environmental monitoring and early warning programs for aquaculture areas.
(seafood.vasep.com.vn) On July 9, 2026, the Embassy of Vietnam in Brazil organized the seminar titled “Sharing Information on Vietnam-Brazil Economic, Trade and Investment Relations in the First Half of 2026” to provide updates on bilateral cooperation and strengthen connections among government agencies, industry associations, and business communities of the two countries.
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