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:
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(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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