Authorities of the Mekong Delta province of Tien Giang have taken a wide range of measures to fight illegal, unreported and unregulated (IUU) fishing as a part of the national efforts to remove the European Commission (EC)’s ‘yellow card’ warning against Vietnam’s seafood exports. Fishing is the direct livelihood for nearly 10,000 labourers in Tien Giang, so the provincial authorities considers the grassroots administrations as the core force in raising fishermen's awareness about IUU. According to Vice Chairman of the provincial People’s Committee Pham Van Trong, agencies at communal level play the key role in persuading fishermen to install vessel monitoring systems (VMS) on their boats, monitoring, inspecting and controlling fishing vessel activities through VMS, granting certificates of production and traceability of aquatic products, as well as in enforcing fishing regulations and strictly handling violations.
At the same time, communication activities continue to be enhanced to raise public awareness of IUU fishing and call on local residents to well observe the guidelines and policies of the Party and State, especially regulations on anti-IUU fishing and infringements of foreign waters. The provincial Department of Fisheries has effectively used VMS to closely manage activities of local fishing vessels at sea and control ships entering and leaving ports. It has also intensified the monitoring of fishing catches and their origin, and strictly handled all violations of anti-IUU regulations. A series of policies have been implemented to support local fishermen to develop their profession, stabilise their lives and maintain sustainable livelihoods. Priority in allocating resources has been given to the upgrade and develop infrastructure at fishing ports. Over 1,200 fishing boats in Tien Giang have been licensed to exploit seafood, and 100% of fishing boats operating offshore have been equipped with VMS. According to the provincial authorities, the measures have paid off, as seen in the reduction of IUU practices by local boats, particularly in the encroachment of foreign waters./.
(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.
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
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