The April 25 event aimed to update the press and European seafood importers on measures Vietnam is taking to combat IUU fishing, a problem on which the European Commission (EC) issued a yellow card warning to Vietnam last September.
Ms. Nguyen Thi Trang Nhung, Deputy Director of the Department of Science, Technology and International Cooperation under the Ministry of Agriculture and Rural Development, said Vietnam has obtained positive outcomes in the issue.
The most important outcome is the Law on Fisheries, approved on November 21, 2017, which details IUU fishing activities and stipulates strict punishments compared to administrative penalties for violations in other fields.
Efforts of the whole political system of Vietnam have resulted in observable advances in the certification of seafood origin and control of fishing boats’ activities, she added.
As the yellow card could affect the prestige and trade of Vietnamese seafood in the European and global markets, the Vietnam Association of Seafood Exporters and Producers (VASEP) and businesses have also made every effort to cooperate with authorised agencies and with one another to fight IUU fishing over the last six months.
Le Hang, a representative of VASEP, said the association has regularly updated the list of fisheries businesses committing to IUU fishing prevention on its website in both English and Vietnamese, thus showing Vietnamese firms’ consensus and determination to EU importers and managerial agencies.
She noted that after the EU issued the yellow card warning, seafood exports to this market have declined as importers have become more cautious and worried that tightened examination of imports could take them more cost and time.
Nguyen Xuan Nam, Chairman of the board of directors of the Hai Vuong Co. Ltd, told that the EU is a very important market and some of his company’s clients have expressed concern about the risk of a red card, which can lead to a trade ban on fishery products, after the yellow card. His company has actively informed its clients about Vietnam’s solutions to soon lift the yellow card and avoid red card.
Brian Cullinane, purchasing director at Pan Euro Foods – an Irish company that has imported Vietnamese aquatic products for five years, said the EU’s yellow card warning is a relatively new issue and almost hasn’t affected the market much, but the situation could worsen in the next two or three years if Vietnam failed to lift the yellow card.
On April 20, Vietnam submitted a report on its efforts to address IUU fishing to the EC. The EU is set to send a delegation to Vietnam between May 15 and 25 to assess local IUU fishing prevention.
PRESS RELEASE ON VIETNAM’S EFFORTS AND COMMITMENTS TO COMBAT IUU FISHING AT THE EXPO
Some pictures at the Expo:
Sao Ta Foods (stock code: FMC) has set a target to sell 22,000 metric tons of shrimp this year and has outlined a proactive strategy to address risks related to anti-dumping and countervailing duty investigations in the U.S. market.
(seafood.vasep.com.vn) Vietnam’s exports of shelled mollusks recorded impressive growth in the first two months of 2025, reaching USD 41 million—an increase of 132% compared to the same period in 2024 (USD 18 million).
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first two months of 2025, Vietnam's shrimp exports recorded positive signs with strong growth in a number of important markets, of which lobster exports to China increased sharply.
In recent years, the agricultural and environmental sectors and localities in the province have created favorable conditions to develop and effectively maintain seafood chains, increasing income for people in rural areas.
(seafood.vasep.com.vn) According to Vietnam Customs, the country’s pangasius exports regained growth momentum in February 2025. Export value reached USD 150 million, marking a 66% increase compared to February 2024. Cumulative pangasius export revenue for the first two months of the year totaled USD 284 million, up 11% year-on-year.
Minh Phu Seafood Corp, one of the leading enterprises in shrimp processing and export, is actively promoting cooperation with shrimp farmers to develop the shrimp industry in Ca Mau.
(seafood.vasep.com.vn) In 2024, Vietnam’s tuna exports to the Middle East continued their impressive growth, rising by 28% compared to 2023. The Middle East is now emerging as one of Vietnam’s top four tuna export markets.
(seafood.vasep.com.vn) Recently, the price of Pangasius in the Mekong Delta has increased significantly, making fishermen very excited. However, looking at the overall picture of this industry, the rise in Pangasius prices is not just an opportunity, but also comes with many challenges.
(seafood.vasep.com.vn) Dishes made from fish, especially pangasius, have become common and are found in nearly all restaurants, hotels, and banquets in Pakistan.
Looking back at the period from 2022 to 2024, crab exports to China have shown significant fluctuations. In 2022, China imported over 62 million USD worth of crabs, averaging 5-9 million USD per month, indicating a stable import demand from China. However, in 2023, exports sharply dropped to 13.3 million USD, averaging only 1-2 million USD per month, due to China's tighter quarantine controls and weakening consumption demand.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn