Vice Chairman of the Spanish Chamber of Commerce in Vietnam Rubén Saornil Mínguez recently appreciated efforts by the Vietnamese Government, businesses and fishermen in fighting illegal, unreported and unregulated (IUU) fishing following the European Commission (EC)’s recommendations.
He made the assessment when attending a conference themed “Promoting Tuna Value Chain, Combating IUU Fishing and Exporting Tuna to EU in line with the EVFTA Commitments” in the central province of Khanh Hoa on October 10, the Nong nghiep (Newspaper of Agriculture) reported.
To implement EC recommendations, Vietnam issued the Fisheries Law 2017 and guiding documents towards sustainable aquaculture and fishery development. And to boost strict enforcement, the country set up a national steering committee for IUU fishing prevention and has required all fishing vessels to install position monitoring devices.
The moves show that the country has made a remarkable improvement compared to what it did in the previous inspection, he reportedly affirmed.
As of August 31, 24,851 out of the 30,851 fishing vessels, each with the length of 15m and above, or 80.61 percent of the total fleet had been equipped with the vessel monitoring systems.
Rubén also reportedly spoke highly of Vietnam’s moves to intensify the traceability of aquatic products in the supply chain, well control fishing vessels in and out of fishing ports, as well as the output of seafood handled at the ports, and build ships in accordance with Vietnamese and EU standards.
In addition, the country has also made a master plan for the exploitation and protection of aquatic resources so as to streamline the fishing vessel fleet in accordance with reserves as well as sustainable and responsible fisheries development.
The official acknowledged Vietnam’s efforts to contribute ideas for regional and international fisheries organisations, especially those involved in the sustainable fisheries development, for example the United Nations Fish Stocks Agreement (UNFSA), the Agreement on Port State Measures to Prevent, Deter and Eliminate Illegal, Unreported and Unregulated Fishing (PSMA), and the ASEAN IUU Network.
He stated that Vietnam currently ranks third in the world in terms of seafood exports, while the EU is a large seafood consuming market with around 22kg per person per year. Therefore, the EU-Vietnam Free Trade Agreement is a good chance for Vietnam’s aquatic products.
The official stressed the need for Vietnam to trace the origin of aquatic products and avoid IUU fishing.
VNA
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (ticker symbol FMC - HoSE), one of Vietnam's largest shrimp exporters, recently announced its 2024 business results.
(seafood.vasep.com.vn) The United States remains one of the largest importers and consumers of Vietnamese pangasius, primarily in the form of frozen fillets. However, in recent years, the country has significantly increased its imports of value-added pangasius products.
(seafood.vasep.com.vn) After reaching a peak of nearly USD 6 million in June 2024, the export value of Vietnamese tuna to Italy has stagnated and continuously declined in the last five months of the year. Cumulatively, by December 15, 2024, export turnover to this market decreased by 18% compared to the same period in 2023, reaching over USD 30 million. With this decline, Italy is no longer Vietnam's largest tuna import market within the EU bloc.
The Mekong Delta province of Tien Giang, with its 32-km coastline, is well-positioned to develop a thriving seafood industry. Recognising the importance of sustainable offshore fishing, local authorities have implemented policies to modernise the fishing fleet and support operations in offshore waters.
(seafood.vasep.com.vn) On the evening of December 23, 2024, in Ho Chi Minh City, the Vietnam Association of Seafood Exporters and Producers (VASEP) held a ceremony to celebrate the seafood export milestone of 10 billion USD, with hopes for continued growth in 2025. The event was attended by Deputy Minister of Agriculture and Rural Development Phung Duc Tien, Deputy Minister of Foreign Affairs Nguyen Minh Hang, and representatives from various ministries, as well as domestic and international partners.
(seafood.vasep.com.vn) With a market share exceeding 10% in Vietnam's aquafeed sector, Sao Mai Super Feed has affirmed its position as one of the leading brands, making a significant contribution to the development of the pangasius industry and elevating Vietnamese pangasius products on the international stage.
Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP) Nguyen Hoai Nam said that in the past 5-6 years, Vietnam's seafood export value has only hovered around 8-10 billion USD/year. To reach the value of 16 billion USD by 2030, Mr. Nam proposed establishing corporations/enterprises to exploit the sea.
(seafood.vasep.com.vn) Vinh Hoan Seafood (stock code VHC) announced that its export turnover to three key markets— the U.S., EU, and China—grew between 32% and 40% in November 2024 compared to the same period in 2023.
(seafood.vasep.com.vn) Shrimp exports for the first 11 months of 2024 brought in nearly 3.6 billion USD, up 22% compared to the same period last year. Exports to major consumption markets all recorded double-digit growth.
(seafood.vasep.com.vn) In 2023, total pangasius imports into the European Union saw a significant decline compared to the previous year. Approximately 70,000 tons were imported, 3,000 tons less than in 2022, according to a report from FAO-Globefish.
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