This situation causes a great "despair" to about two hundred companies, including refrigeration, canning, marketing or processing firms and ships, mostly from
Only one company, Frinova, forming part of Pescanova group, maintains its export permit in effect.
Since April 2013, about 214 seafood firms from
The Spanish firms are prevented from sending their fishery products while awaiting for sanitary checks that the Russian authorities will have to perform.
In the past two years, the fishing shipments to Customs Union fell by 67 per cent, changing from 15,709 tonnes in 2011 to 5,000 tonnes.
Two years ago,
The associations representing the local fishing industry sent a letter a few days ago to the President of the Xunta de Galicia, Alberto Núñez Feijoo, requesting support. Galician workers want the autonomous government to intensify the diplomatic route allowing the situation to be unblocked.
The affected sector argues that the only solution is that the Customs Union validates and checks the adjustment of the Spanish facilities according to its sanitary ruling.
"The situation is serious and there is a lot of concern. We have argued to the President [of the Xunta] the importance of maintaining trade abroad, which is the one that manages to balance the current complicated situation, with the retracted domestic market," the representatives of the fleet pointed out.
The industry claims that "it has done what was asked," so they demand the prompt resolution of the situation to avoid keeping losing the market share.
These claims follow those expressed last June, when the Cooperative of Shipowners of the Port of Vigo (ARVI) sent a letter to the Spanish government in which more attention was asked on the issue. Then they argued that although
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.
(seafood.vasep.com.vn) According to the Action Plan to implement the growth targets for agriculture, forestry, and aquaculture from the Bình Định Department of Agriculture and Environment, which has just been issued, the goal for 2025 is to achieve an overall GRDP growth rate for the entire sector from 3.6% to 3.8%, with the highest effort to reach a growth rate of 3.8%.
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