“This year, we want to engage not only producers, but also retailers, hotels and restaurants that buy seafood from the producers,” Margareth Meutia, WWF senior officer for the program, told Bali Daily on Wednesday.
The establishment of Seafood Savers aims to promote a sustainable fishery industry by ensuring that seafood is produced, caught, processed and distributed sustainably throughout the supply chain, from the sea to the plate.
Since it was established in 2009, the program has received positive responses from industry players. At present, 10 companies — comprising nine fish producers and one retailer — have joined the initiative.
Meutia said more retailers, hotels and restaurants were being targeted to raise awareness on sustainable fishing practices in the local industry and among the public in Indonesia.
“Most of the companies that have joined us are fish exporters. For these companies, applying sustainable practices is a must, due to demand by the importing countries. But we feel that we have to do more to campaign and educate on this issue domestically. Therefore, we want to engage more companies that are doing all their business here,” she said.
She added that the amount of seafood consumed domestically by retailers, hotels and restaurants was significant, thus making it more important to educate the public on sustainable fishing.
By joining the program, companies are assisted to apply principles that are in compliance with the Marine Stewardship Council (MSC) and Aquaculture Stewardship Council (ASC). They will also get assistance to be able to achieve MSC or ASC certification.
According to the WWF, the global fishing industry has experienced massive expansion in recent decades. Its report indicates that areas exploited by global fishing fleets have increased tenfold since 1950.
By 2006, 100 million square kilometers, or about one-third of the ocean’s surface, had been impacted by fishing. Global marine catches have increased fivefold from 19 million tons in 1950 to 87 million tons in 2005, thus driving exploitation beyond carrying capacity.
Capture fisheries also face severe issues of by-catch, where a portion of a commercial fishing catch consists of marine animals caught unintentionally, such as juvenile fish, biologically important species and even endangered, threatened and protected species, causing further degradation to the marine ecosystem.
The UN’s Food and Agriculture Office (FAO) reports confirm that the world’s aquaculture production increased from less than 1 million tons per year in the early 1950s to 52 million tons in 2008.
Unfortunately, this growth comes with the use of unsustainable practices that damage the surrounding environment, such as mangrove clearing, excessive use of chemical substances and the introduction of new species.
One of the companies that has joined this initiative is UD Pulau Mas, a Bali-based company exporting live grouper fish. The company dominates the market of live grouper in Indonesia, with 60 percent market share.
(seafood.vasep.com.vn) According to a report by the General Statistics Office, the estimated pangasius output for January 2025 reached 102.5 thousand tons, representing a 6.0% increase compared to the corresponding period of the preceding year. This surge is attributed to the rise in pangasius material prices within the Mekong Delta, which has incentivized aquaculture farmers to expand their stocking activities. Concurrently, this price increase has facilitated processing enterprises to intensify procurement efforts to meet export demands during the early part of the year.
(seafood.vasep.com.vn) Between 2015 and 2024, Vietnamese pangasius exporting enterprises have undergone notable transformations in rankings and experienced fluctuations in developmental strategies, competitive intensity, and business efficacy. This dynamic is clearly illustrated through shifts in export turnover and the proportional contribution to the national pangasius export volume among the Top 5 enterprises.
(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.
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