The MSC says "This is the second, and final, opportunity for stakeholders to offer their views on proposals for changes to the fishery standard. Stakeholders will also have the opportunity to comment on other proposals for program improvements, including changes to the fisheries assessment process designed to reduce the time, cost and complexity of certification assessments. An early stage public consultation on the fisheries standard review topics took place in spring this year."
The MSC makes a point that these reviews of standards every five years or so are part of the best practices mandated by FAO ecolabeling, and ISEAL. What they fail to address is how a private organization, rather than an international standards body, can agree on these changes.
Transparancy is very welcome, but the venue of where and how these changes are adopted is important also. For example, the FAO guideliness on responsible fishing, which is the basis for MSC and other ecolabels certifying best practices, was the result of an official collaboration of representatives of 190 governments, plus NGO's and other stake holders. Any changes to that document would also require a similar consensus process among recognized parties, such as the members of the FAO.
But there is no "membership" in the MSC. Instead it is a "stakeholder" organization with no rules regarding which stakeholders have influence and which do not. Because it is a commercial organization driven by ecolabel revenues, the MSC unavoidably listens to stakeholders that either support or threaten its business model.
This is why, despite the laudable approach to consider standards revisions, ultimately a more formal, non-business oriented, organization is needed for seafood sustainabilty standards. For this reason, many in the global seafood industry have embraced the GSSI initiative, which attempts to take the standard setting process out of the hands of a private company that also benefits from the revenue due to sale of ecolabels.
Improvements in the MSC are welcome, but no improvements in standards can address the fundamental contradiction that has arisen where the standard setting body is also dependent on revenue from the sale of labels that meet that standard.
The MSC expects that the current changes under review will be adopted by the MSC Board at its meeting in July 2014. The intention is that the next significant review of the standard will take place no sooner than 2019, to ensure stability and consistency in the fishery assessment process.
Over the last year, the MSC has consulted over 100 fisheries experts, scientists, environmental organisations, governments, fisheries and commercial partners to help inform the content of the review. A number of stakeholder workshops and consultation seminars will take place across the globe this year and these, together with the online public consultation, will provide useful feedback that will help shape the MSC sustainable and credible fisheries standard.
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.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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