(vasep.com.vn) In the first quarter of 2012, Vietnam seafood enterprises had to struggle with a great number of challenges related to capital, raw material supply, input cost and great range of complex administrative procedures. On the turn to the second quarter, the mentioned challenges have still dominated the fisheries industry, in which lack of capital has been seen as the most concerning issue, hurting the fish processing and export activities. The state of Vietnam fisheries industry in Q.II/2012 could be figured out through the 9 following highlights:

(vasep.com.vn) Vietnam shrimp exports to Japan in the first 6 months of 2012 recorded high growth, except for January when shrimp exports to the market fell.

(vasep.com.vn) Thong Thuan Co., Ltd (Thong Thuan Group) harvested the first whiteleg shrimp crop after 3 month-breeding in Phu My commune, Giang Thanh district, Kien Giang province with the productivity of nearly 17 MT per hectare.

(indiatimes.com) The marine products exports touched 862,021 tonnes valued at Rs 16597.23 crore ($3508.45 million) in 2011-12. This translates to $3.5 billion.

(seafood.com) Prices of seasonal flying squid are cheap this year backed by robust catch in the Sea of Japan, with squid attracting popularity at fresh fish stores amid present market where prices of many fish are on the rise.

(vasep.com.vn) In late April 2012, the Aquaculture Stewardship Council (ASC) launched ASC standard for farmed-pangasius. The organization also chose Vietnam pangasius industry to kick off its ASC accreditation and certification program for the fish.

(vasep.com.vn) In the second quarter of 2012, Vietnamese fisheries industry has faced big problems such as lack of capital for producing and processing pangasius, lower demand for seafood in EU market, sharp decrease in global shrimp price, Vietnam shrimp price lost its competitiveness in key importing markets, increase in barriers from importers, hiking producing costs…

(vasep.com.vn) This year, the province stocked marine crab on the area of 34,072 hectares, Mr. Nguyen Van Thanh, Director of Kien Giang Sub-Department of Aquaculture said.

(seafood.com) Russia has been and will continue to be a large and rapidly growing market for imported fish and seafood according to a recent USDA Gain Report, writes Emily Balsamo, Moscow Office, Bord Bia - Irish Food Board.

(fis.com) Higher raw material costs mean tuna company Thai Union Frozen Products Plc (TUF) might not achieve its revenue growth target of 15 per cent.