According to the executive instructions for approval and monitoring of fish and fishery products for export, published recently, only registered vessels can supply fish for export and exporters should purchase raw materials from EIC-approved vessels only. The new set of instructions had came into effect from March 15. The new orders would have a serious impact on the seafood export sector and according to exporters, these have already started coming to a halt. Under the present system, vessels are registered under the fishery departments of the states concerned.
The vessels can register under the Marine Products Export Development Authority (Mpeda) for getting subsidy and government aid, but this is not mandatory. There are more than 60,000 vessels engaged in fishing in the major maritime states of the country.
Anwar Hashim, vice-chairman, Mpeda, and former president of the Seafood Exporters Association of India, said, “Exporters are planning to stop purchase of fish if the registration is compulsory. There is no other way till the issue is settled. There is confusion over the registration process and power to a number of regulatory bodies creates serious problems for the industry.” He added enough time should be given to implement these instructions, else the sector would slide into deep crisis.
Requirements for approval of fishing vessels are not easy to meet and a lot of facilities are newly implemented in most vessels, said Jossy, a boat owner. According to him, most of the requirements are not practical.
Due to cost escalation, the fishing industry is in deep crisis now and the catch is also limited. If exports comes to a halt, the sector will incur huge losses as the price of fish depends mainly on the demand from export units, said Kochi-based boat owners.
Jossy said severe labour shortage, increase in wages and price of diesel are other serious issues. “The mandatory requirement of registration with EIC and the pre-conditions for registration will add to our woes. Though these measures are for enhancing the quality of Indian seafood items, these seem impractical to an ailing sector like ours,” he added.
(seafood.vasep.com.vn) In 2024, Ben Tre province expanded its high-technology application in aquaculture by an additional 523 hectares, surpassing the planned target of 500 hectares and achieving a fulfillment rate of 104.6%. To date, the province has converted 3,633 hectares to high-tech aquaculture out of the 4,000-hectare goal, representing 90.82% progress towards the 2021-2025 phase plan. This sector yields an average productivity of 60-70 tons per hectare, with a total output reaching 221,282 tons. The average profit margin ranges from VND 700 to 800 million per farming season, delivering substantial economic benefits to the local populace.
(seafood.vasep.com.vn) In 2025 In 2025, Vietnam's brackish water shrimp industry will continue to grow sustainably, enhancing value-added products with strong contributions from local authorities and the business community.
(seafood.vasep.com.vn) In January 2025, the country's total seafood output was estimated at 594,100 tons, a 0.7% increase compared to the same period last year. Specifically, fish production reached 443,400 tons, up 0.7%; shrimp output was 56,300 tons, up 3.1%; and other seafood products totaled 94,400 tons, down 0.9%.
(seafood.vasep.com.vn) The industrial pangasius production in Vinh Long province in 2024 reached 95,100 tons, a 4% decrease compared to 2023. Despite the decline in production, positive trends in the final months of the year offer hope for improving economic efficiency in the near future. Additionally, the increase in the area for industrial pangasius farming and the maintenance of overall aquaculture area demonstrate the province’s efforts to sustain its production activities.
(seafood.vasep.com.vn) In January 2025, Vietnam's total seafood export value reached 774.3 million USD, a 3.3% increase compared to the same period in 2024. This is a positive result compared to January 2023, when the Lunar New Year fell at the end of the month, significantly impacting export outcomes.
(seafood.com.vn) In 2024, Vietnam exported shrimp to 107 markets, up from 102 in 2023. The top 5 major markets for Vietnam’s shrimp exports were China & Hong Kong, the U.S., Japan, the EU, and South Korea, accounting for 76% of the total shrimp export value.
(seafood.vasep.com.vn) In 2024, Vietnam's seafood sector successfully exported to numerous countries, reaching a milestone of USD 10 billion, a 12% increase compared to 2023. 2025 promises to be a prospective year for promoting exports to various markets, including target and potential markets such as the US, China, ASEAN, and the Middle East.
(seafood.vasep.com.vn) The EU has been one of the largest consumers of Vietnamese pangasius over the past decade. However, data from Vietnam Customs reveals a gradual decline in EU imports of pangasius from Vietnam over the last five years.
The Report on Vietnam Seafood Exports in 2024 by the Vietnam Association of Seafood Exporters and Producers (VASEP) was published amid positive developments in the country's seafood industry, marking a successful year with a total export value of USD 10 billion, a 12% increase compared to 2023. This milestone underscores the sustainable growth and exceptional potential of the seafood sector in contributing to the national economy.
(seafood.vasep.com.vn) Vietnam's tuna sector faced numerous challenges in the latter half of 2024. While the year proved memorable, with export turnover reaching nearly USD 1 billion, maintaining this growth trajectory requires renewed impetus for the tuna industry.
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