The effect is felt particularly keenly felt by squid jigging vessels which use massive amount of fuel for fish gathering lamps.
The National Federation of Fisheries Cooperative Associations (JF-Zengyoren) decided on April 23 that small-type squid jiggers, who have been suffering from deteriorating business due to fast rise in fuel prices, would suspend operation for two days on April 26 and 27.
JF-Zengyoren's action is taken as a protest to the economic policy of Prime Minister Shinzo Abe, which allegedly stimulated the yen to take a downtrend in an attempt to help the Japanese economy out of the long-lasted deflationary economy.
About 4,000 vessels from 18 prefectures are expected to join in no-fishing campaign on those days. Concern is also rising among fishermen other than squid jiggers that their business would be harshly affected if the present trend for cheaper yen continues.
According to the Hokkaido Federation of Fisheries Cooperative Associations the price of heavy oil at
A high-ranking official of the federation noted that competition toward lower fish prices is underway on the consumption stage, making it difficult for fishermen to push up sales prices of seafood even when fuel costs increase.
Squid fishermen are victims of the national economic policy so they will inevitably seek effective relief measures, he added.
He also observed that this move might spread among other long-distance fishing vessels, including saury fishing, salmon driftnetting and trawling, which would be adversely impacted by the swelling fuel price.
JF-Zengyoren said it is not considering going for an all-out fishing suspension at present, but they plan to stage a rally in
In 2008, when there was a rapid fuel price hike, the government took Y74.5-billion emergency relief measures for fishermen, which virtually covered 90% of the fuel price increase.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.
(seafood.vasep.com.vn) As part of Vietfish 2026, the International Seafood Hosted Buyer Program has been designed as a dedicated B2B matchmaking initiative for selected international buyers. The program provides opportunities to meet directly with Vietnamese seafood companies, gain market insights, and experience Vietnam's seafood supply chain firsthand.
(seafood.vasep.com.vn) A Story from Cà Mau’s Coast It’s 5 AM in Cà Mau. Minh, a third-generation fisherman, is ready to set sail. But unlike his father and grandfather, his boat no longer runs on an old diesel engine that burns fuel and clouds the sky with smoke. Instead, it’s powered by a hybrid engine that saves 40% fuel—funded by an ESG program from a major seafood exporter.
(seafood.vasep.com.vn) Vietnam's pangasius industry is shifting its focus from increasing production volume to enhancing value-added products in order to meet the increasingly stringent requirements of export markets. In An Giang Province—the country's leading hub for pangasius farming and processing—businesses and farmers are prioritizing product quality, traceability, food safety, and sustainable development rather than expanding output.
(seafood.vasep.com.vn) Following strong growth in 2025, Vietnam’s tuna exports to Sweden continued to edge higher during the first five months of 2026. However, the picture is far from straightforward. Orders have fluctuated significantly from month to month, indicating that this market remains cautious, with purchasing decisions closely tied to actual demand and the import cycles of Nordic distributors rather than to a steady upward trend.
(seafood.vasep.com.vn) China’s shrimp imports in the first five months of 2026 continued to surpass the same period in 2025, indicating that demand in the world’s largest seafood-consuming market remains strong. However, behind the growth figures lies an increasingly competitive landscape: Ecuador dominates the competitively priced whiteleg shrimp segment, India remains the second-largest supplier, while Vietnam stands out in the lobster segment but still needs to strengthen its advantages through quality, traceability, and reliable supply.
(seafood.vasep.com.vn) Lobster exports to China continued to surge in the first half of this year, putting the lobster industry on the verge of reaching an export value exceeding $1 billion.
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