The southern province of Kien Giang aims to resolutely minimise and end illegal, unreported and unregulated (IUU) fishing, develop and implement a project on consolidating and rearranging fishing vessels in the province to provide stable work for fishermen, ensuring sustainability in preventing IUU fishing. Kien Giang province has made efforts to prevent IUU fishing, which has decreased sharply over the years. In the first quarter of 2021, authorities have fined nine cases involving nine persons with four fishing vessels violating foreign waters to fish illegally. Boasting a huge water area of over 63,290sq.m, Kien Giang has some waters shared and overlapped with other countries in the region. On the other hand, several ship owners and fishermen have sailed to foreign waters for fishing for economic benefits. According to the provincial Department of Agriculture and Rural Development, there are 9,881 operational fishing vessels with a length of 6m and above, including 9,433 fishing and 448 fishing logistics service ones. Currently, the province has 3,608 out of 3,623 fishing vessels that have installed VMS cruise monitoring equipment, while the remaining fishing vessels are on the way. Secretary of the Kien Giang provincial Party Committee Do Thanh Binh has tasked subordinate Party units to urgently develop specific plans focusing on directing the serious, drastic and effective implementation of the goals, tasks and solutions set in the provincial Party Committee's Resolution No. 34-NQ/TU dated July 13, 2020 on strengthening management solutions to prevent fishing vessels and fishermen from violating foreign waters for illegal fishing. The province is carrying out projects on sustainable development of marine aquaculture in Kien Giang province until 2030 and investigation into fishing occupations in coastal waters of Kien Giang; and restructuring the local fishing industry in order to develop the province's fisheries in a sustainable and effective way, contributing to preventing IUU fishing, and thus joining national efforts to remove the EC's "yellow card"./.
(seafood.vasep.com.vn) The outlook for Vietnam’s seafood exports remains positive, with a strong focus on maintaining growth in key markets like China and the U.S., while diversifying into new regions. As global trade policies continue to evolve, adaptability and strategic planning will be key to navigating the challenges ahead.
(seafood.vasep.com.vn) Thanks to improved pangasius prices and higher production, Vĩnh Hoàn's after-tax profit in Q4 2024 reached VND 440 billion, a 4.8-fold increase compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam’s Customs, in Q4 2024, Vietnam’s pangasius exports to China & Hong Kong reached USD 163 million, a 17% increase compared to the same period in 2023, with consistent growth across all months. The total value of pangasius exports to China & Hong Kong for 2024 reached USD 581 million, a 1% increase over the previous year.
Vietnam’s seafood exports are projected to maintain strong growth this year, potentially reaching 11 billion USD.
(seafood.vasep.com.vn) In the final quarter of 2024, Vietnam’s surimi and fish cake exports showed consistent growth over the last three months. For the entire year 2024, exports of these products reached USD 298 million, down 2% compared to 2023. However, the final quarter saw more promising signs for the surimi and fish cake export sector, with some markets experiencing notable growth, such as Thailand, China, and Taiwan. Particularly, exports to Taiwan, which had seen continuous declines in the previous two quarters, surged by 301% in this quarter.
(seafood.vasep.com.vn) Another year of pride for Vietnam's pangasius exports has concluded, reaching over USD 2 billion and contributing 20% to Vietnam's total seafood export turnover.
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
(seafood.vasep.com.vn) Despite facing numerous challenges in the second half of the year, Vietnam's canned tuna exports concluded 2024 with a 17% increase compared to 2023, reaching USD 299 million. To maintain this growth momentum in 2025, the canned tuna production and export sector requires coordinated efforts from all stakeholders.
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
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