(vasep.com.vn) In the second quarter of 2014, Vietnam Ministry of Agriculture and Rural Development (MARD) will pour investment in building a new market for tuna auctions in the port of Hon Ro, in Nha Trang city, according to the Directorate of Fisheries.

In the first six months of this year

The future sustainability of the global tuna industry will be at the core of this year’s INFOFISH-TUNA 2014 Conference, the largest gathering of tuna industry players from all over the world. Preparations for the event, which is to be held from 21-23 May in Bangkok, are well underway. “Working together towards a sustainable industry” is the central theme.

In 2013, canned tuna imports into the US fell to seven year lows. From June to November 2013, the amount of canned tuna shipped into the US has hit lower levels than imports of the last six years. Currently, no December import figures are available yet for comparison.

China and South Korea are becoming the newly emerging bluefin markets, as South Australia’s tuna exports to the two countries soar dramatically. The region’s tuna industry has said the new export boom is boosting flagging prices and attracting interest from Chinese investors.

Following shrimp and Pangasius tuna

(vasep.com.vn) In 2013, exports of processed tuna products hit US$233 million, rising 22 percent and making up 48 percent of the country’s total tuna exports. While exports of dried/frozen/live/fresh tuna products hit US$257 million, down 22 percent with the proportion of 52 percent.

(vasep.com.vn) In 2013, Khanh Hoa province exported its tuna to 14 markets with export turnover of US$97 million, down 45 percent in volume and 62 percent in value over 2012. In the year, together with decline in tuna export price, the market share of Khanh Hoa tuna in importing markets was slashed.

(vasep.com.vn) The Vietnam Seafood Festival this year will take place in Phu Yen province from March 28 to 2 April 2014. The festival aims to honor potentiality of seafood sector and look for investments into Vietnam seafood sector as well as the central southern coastal region including Phu Yen.

(vasep.com.vn) In 2014, Binh Dinh province plans to attire investments in its 3 new projects on purchasing, processing and exporting ocean tuna products in Quy Nhon city, according to the province's Center for Trading Promotion.

(vasep.com.vn) According to Phu Yen Department of Agriculture and Rural Development, tuna catch of the locality in 2013 reached only 4,200 MT; over 2,000 MT lower than that of the previous years. In 2013, the province exported US$28 million.

(vasep.com.vn) 12th World Tuna Trade Conference and Exhibition was held at Bangkok, Thailand in three days May 23rd – 25th 2012.

In recent years tuna has contributed

Seen as the world’s country with the highest tuna potential, Indonesia’s annual tuna production total in 2012 was 613,557 tons according to the Ministry of Marine Affairs and Fisheries. Being positioned between the world’s two key tuna-producing oceans, the Indian and Pacific Ocean has allowed its production to reach an annual income of millions of dollars. The country has become important for the global tuna market, both in terms of resource and trade.