These organizations include the National Fisheries Association of Thailand, the Thai Fishmeal Producers Association, the Thai Feed Mill Association, the Thai Frozen Foods Association, the Thai Food Processors’ Association, the Thai Shrimp Association, the Thai Tuna Industry Association, and the Thai Overseas Fisheries Association.
Director-General of the Department of Fisheries Niwat Sutheemeechaikul witnessed the signing of the MOU on 4 November 2013 in Bangkok. The MOU seeks to set standards for the fisheries-related organizations to follow strictly. Apart from environmentally-friendly fisheries, the use of legal labor, and food safety, emphasis is placed on operations against illegal, unreported, and unregulated fishing.
Several measures will be implemented, such as a reduction in the small fish catch, a focus on ecological development, and the promotion of good manufacturing practice (GMP) in fishmeal production.
The Department of Fisheries and the National Fisheries Association of Thailand have joined forces in working out regulations to ensure legal fishing. The regulations will cover about 10,000 fishing boats in Thailand. A new unit will also be set up to enforce the regulations and encourage all relevant organizations to achieve this aim.
The MOU signed by the eight organizations is seen as an effort to build a foundation for sustainable fisheries in Thailand. The objective is to push for appropriate use of marine resources and the development of Thai fishery products based on ecological performance standards.
According to the Director-General of the Department of Fisheries, Thailand produced 3.2-4.1 million tons of fishery products from 1995 to 2010. In 2012, the country’s fishery exports totaled 1.9 million tons, valued at 260 billion baht.
The Department of Fisheries has worked out strategies to develop Thailand as the ASEAN seafood hub by 2015, when the ASEAN Economic Community is in place. In the strategies, Thailand will improve fishery production and conduct research on aquaculture feed in order to reduce production costs. It will increase the efficiency of quality control of fishery products, from farming to processing and exports, in line with international standards and requirements by importers.
The Department and Thai entrepreneurs will negotiate with various countries, such as Indonesia and Myanmar, on joint fishing in international territorial waters. It will support joint investment in fisheries between Thailand and other ASEAN partners, as well.
Thailand also plans to create a joint fishery production base among ASEAN countries.
Navico, or Nam Viet Joint Stock Company, stands as one of Vietnam's pioneering enterprises in the farming, processing, and export of aquatic products, particularly pangasius (catfish). Established in 2000 in An Giang Province – the largest aquaculture hub in the Mekong Delta – Navico has solidified its position in the international market through superior product quality and a commitment to sustainable development. On April 4, 2025, Navico signed a green trade credit agreement with United Overseas Bank (Vietnam) (UOB Vietnam), marking a significant milestone in its journey toward green transformation.
According to the Board of Directors' report, IDI successfully maintained its traditional customer base in 2024 while expanding into high-potential markets, particularly the United States, benefiting from a significant reduction in anti-dumping duties.
Recently, Vietnam's La Vong fish cake was ranked number 1 in the list of the world's best white fish dishes by the world-famous culinary website Taste Atlas.
Currently, many households in the suburbs of Ca Mau City are implementing a fairly effective pangasius farming model, bringing in a stable source of income. Unlike the industrial scale in other provinces in the region, the pangasius farming model here is quite simple, low-cost, and is considered a promising direction for farmers.
Over 200,000 ha of Vietnam's shrimp farms are cultivated organically and ecologically, certified by international organizations.
Vĩnh Hoàn Corporation (stock code: VHC – HoSE) has outlined an ambitious business plan for 2025, targeting revenue of VND 13,800 billion (up 10.3% from 2024) and after-tax profit of VND 1,500 billion (up 22.3%). This follows a successful 2024, where the company recorded revenue of VND 12,513 billion (exceeding 109% of the plan) and after-tax profit of VND 1,226 billion (surpassing 123% of the VND 1,000 billion profit target). The 2025 Annual General Meeting of Shareholders is scheduled for April 24 in Ho Chi Minh City to discuss these plans.
Sa Giang Import-Export Corporation continues to assert its position as one of the leading export enterprises in Đồng Tháp, achieving a revenue of thousands of billions of VND from shrimp crackers and rice paper in the past year.
(seafood.vasep.com.vn) After three years of implementation, the UK-Vietnam Free Trade Agreement (UKVFTA) has yielded positive results for Vietnam’s tuna exports. The United Kingdom officially became a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on December 15, 2024. This is expected to bring significant benefits for seafood enterprises, particularly in terms of tariffs and intra-bloc origin regulations - especially for tuna products.
On March 3, Sa Giang and Citek officially launched a comprehensive enterprise digital transformation project using the GROW with SAP solution.
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