During the period, the Government and the Ministry of Agriculture and Rural Development (MARD) along with the business community and parties involved in the seafood production chain have taken synchronous measures from perfecting the legal framework, tightening the management over fishing vessels, increasing punishments on illegal fishing, and improving the awareness of fishermen and businesses of IUU fishing.
All these activities are aimed at regaining the EC’s green card and developing sustainable and responsible fisheries, said Nguyen Quang Hung, deputy head of the MARD’s Directorate of Fisheries, in an interview granted to the Vietnam News Agency.
According to the official, the EC’s yellow card has affected the export of Vietnamese seafood. Examinations on material origin were conducted on all consignments to the EU, which caused a loss of around 7,000 EUR per container.
The warning has had negative impact on the prestige of the Vietnamese fishery sector as Europe is one of the largest importers of Vietnamese seafood, he added.
Therefore, Vietnam has taken national efforts to have the yellow card removed, which brought about positive outcomes.
Hung noted that there is only one case of illegal fishing by Vietnamese fishermen in island states in the Pacific, while 11 other cases happened in bordering waters that are yet to be delimited between Vietnam and other countries.
The official highlighted the actions taken by the Vietnam Association of Seafood Exporters and Producers, which has called on enterprises not to purchase products exploited illegally, and issued a white book naming violated fishing vessels so that processors and exporters do not buy these vessels’ products.
Hung continued by saying that the warning from the European Union creates pressure for Vietnam to improve its fishery sector.
All the nine recommendations made by the EC are significant to the sector, he said, adding that the recommendations were put into the Law on Fisheries which will become effective in January 2019.
The Prime Minister also signed Decision No.78 approving a national action plan on preventing, reducing and eliminating IUU from now to 2025.
For long-term measures, Hung stressed the need to tighten management over fishing vessels, especially those operating offshore, review the development plan for the domestic fishing fleet in alignment with the seafood reserves, and intensify the enforcement of seafood origin and fishing diary declarations in line with regional and international regulations.
In September 2017, the European Commission issued a yellow card warning Vietnam for failing to progress in fighting IUU fishing.
After April 23, the EU will assess Vietnam’s efforts to fight IUU fishing. The "yellow card" is followed by a "green card" if the problem is resolved or a "red card" if it isn’t. A “red card” can lead to a trade ban on fishery products.
VNA
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam's tuna exports in October reached nearly $93 million, marking a 22% increase compared to the same period in 2023. In the first ten months of 2024, the total export value exceeded $821 million, up 18% compared to the same period last year.
(seafood.vasep.com.vn) According to Vietnam Customs data, pangasius exports to the EU reached USD 7 million in the first half of October 2024, marking a 27% year-on-year increase. As of October 15, 2024, cumulative exports to the EU totaled over USD 134 million, reflecting a slight 0.01% decrease compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, pangasius export revenue in October 2024 reached nearly $202 million, a 17% increase compared to October 2023. The cumulative export value for the first ten months of the year totaled $1.7 billion, marking a 9% year-on-year increase.
(seafood.vasep.com.vn) Vietnam's exports of crabs and other crustaceans continued to see high growth in September 2024, with a 54% increase compared to the same period in 2023. In the first nine months of the year, exports of crabs and other crustaceans reached over USD 228 million, a 67% increase year-over-year.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached $394 million in October 2024, up 24%. In the first ten months of this year, shrimp exports brought in $3.2 billion, up 13% compared to the same period last year. Exports to all major markets recorded double-digit growth in October.
International Development and Investment Corporation (IDI), a key member of the Sao Mai Group, has consistently ranked among the largest seafood producers and exporters in Vietnam.
(seafood.vasep.com.vn) In recent years, the US has consistently been Vietnam’s largest seafood export market. Over the past five years, seafood export turnover to the US has ranged from 1.5 billion USD to 2.1 billion USD anually. Despite facing strict protective policies such as anti-dumping and countervailing duties, U.S. market demand remains high, and the quality of Vietnamese seafood continues to improve, helping to maintain and expand its position in this market.
(seafood.vasep .com.vn) The return of Donald Trump to the White House for a second term will bring significant impacts on Vietnam, particularly its pangasius export sector. Trump's economic policies, such as raising import tariffs, reducing corporate income taxes, and attracting foreign direct investment (FDI) back to the US, are expected to directly influence various industries in Vietnam.
(seafood.vasep.com.vn) The UAE ranked 16th among importers of Vietnamese shrimp from 2018 to 2022, accounting for approximately 0.5% of Vietnam's total shrimp export value. Annually, Vietnam exported around US$20 million worth of shrimp to this market.
(seafood.vasep.com.vn) The company also announced that its farms are well-prepared and will begin stocking in mid-November when the weather conditions are favorable.
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