Phu Yen to grant certificate for project on ocean tuna purchasing and processing

News 14:28 13/09/2014

(vasep.com.vn) On 15th November

This was a cooperation project between Vinh Sam Company and five Japanese partners – including Rakuchi Broadband Solution Co.,Ltd,  Ohmasu  Co.,Ltd,  I-Point  Co.,Ltd,  At  Work  Company and businessman Yoshisada Wantanabe.

The  project’s  funds  totaled  US$2  million  (equal  to  VND41 billion),  of  which  Vietnam  side  contributed  US$980  thousand (VND20.9 billion) and Japanese side invested US$1,02 million within 3 years. Its aim was to purchase, process and export tuna and  special  marine  products;  train  local  workers  in  catching, treating and processing tuna; stabilize the price of tuna and help bring high interest to local fishermen and build up Phu Yen tuna brand. Phu Yen Tuna Joint Venture expected to produce 2,000 – 3,000 MT of tuna per year, in which 80 – 90 percent will be shipped  abroad  and  the  rest  in  domestic  market.  The  project will be put in line in Tuy Hoa City for ten years.

According  to  certification  requirements,  the  associated company needs to comply with Vietnamese engagements with the WTO, and other relevant legal regulations. Besides, the new company  should  make fishermen  involved  in  the  project  in order to ensure social security and create jobs for local people.

TIN MỚI CẬP NHẬT

An Giang: Developing climate-resilient marine aquaculture

 |  09:01 16/12/2025

(seafood.vasep.com.vn) An Giang is focusing on expanding climate-adaptive marine aquaculture models, aiming for safe and sustainable production. This approach not only enhances economic efficiency but also helps fishermen stabilize their livelihoods amid weather fluctuations.

Vietnam pangasius in China: Stable demand, intensifying competition

 |  10:02 11/12/2025

(seafood.vasep.com.vn) In the first 10 months of 2025, Vietnam’s pangasius export value to China (including Mainland China and Hong Kong) reached $483 million, up 1% compared to the same period in 2024. October alone posted $73 million, a strong 19% increase year-on-year. The Chinese market currently accounts for nearly 27% of Vietnam’s total pangasius export value.

Vietnam’s lobster exports set for another strong surge in 2025

 |  08:58 09/12/2025

(seafood.vasep.com.vn) According to data from Vietnam Customs, the country’s lobster exports posted another strong month in October 2025, reaching $93 million - a 75% increase from the same month in 2024. This performance extends the sector’s impressive growth streak from earlier in the year, pushing cumulative exports for the first 10 months to $712 million, up an extraordinary 135% year-over-year. Within the product mix, green lobster remained the dominant driver, accounting for 98% of total export value, with $700 million recorded in the first 10 months - a 141% jump year-on-year. In contrast, exports of spiny lobster and other lobster varieties declined slightly by 22% and 1%, respectively, indicating that market demand is becoming increasingly concentrated on the most sought-after product line.

Da Nang city takes strong action against IUU fishing

 |  11:12 05/12/2025

(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.

Vietnam’s tuna exports to Israel drop nearly 50% in the first 9 months of 2025

 |  09:13 04/12/2025

(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.

Vietnam exports first shipment of 700 tons of tilapia to Brazil

 |  09:42 02/12/2025

(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.

Pangasius Exports in October 2025: Positive Growth Momentum Led by China's Recovery

 |  12:40 28/11/2025

(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.

Appeal letter: Calling for Support to overcome the consequences of flooding in the central provinces

 |  10:39 27/11/2025

In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.

Raw shrimp prices remain stable, slight declines in some sizes at the end of October 2025

 |  09:04 26/11/2025

(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.

Vietnam’s shrimp exports in October 2025 hit the highest level since the beginning of the year

 |  08:26 25/11/2025

(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.

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