Coastal localities see better results in fighting IUU

Vietnam’s 28 coastal localities have scored achievements in fighting illegal, unreported and undocumented (IUU) fishing towards having the “yellow card” warning of the European Commission (EC) lifted.
Coastal localities see better results in fighting IUU ảnh 1A fishing vessel (Photo: VNA)
Hanoi (VNA) – Vietnam’s 28 coastal localitieshave scored achievements in fighting illegal, unreported and undocumented (IUU) fishing towards having the  “yellow card” warning of the European Commission (EC) lifted.

Deputy Director of the Ba Ria-Vung Tau provincial Departmentof Agriculture and Rural Development Pham Thi Na said the provincialauthorities had directed relevant forces to intensify inspections of fishing ships, especially before their departure and after their landing at ports. The province also set up a coordination mechanism with the Vietnam Coast Guards and the HighCommand of Military Zone II to detect  and handle vesselsthat commit IUU fishing.

The department also set up representative offices at fishingports, with staff from the Border Guards and Fisheries Sub-Department , tocheck all outgoing and incoming vessels.

Deputy Director of the Phu Yen provincial Department ofAgriculture and Rural Development Nguyen Tri Phuong said the province has prevented violations of foreign waters by closely monitoring vessels through Vessel Monitoring Systems and by having all captains signed commitments to not violating foreign waters.

Statistics showed that Vietnam is now home to nearly 92,000fishing vessels. As of late September, over 95% of them were equipped withmonitoring devices, up nearly 5% from the previous month.

Seafood caught outside Vietnam’s waters are ensured tofollow Vietnam’s law and the Agreement on Port State Measures, thusfacilitating the management and licensing of aquatic products for export to theEuropean Union.

Vice Chairwoman of the Vietnam Association of Seafood Exportersand Producers (VASEP) and head of the IUU VASEP Executive Board Nguyen Thi ThuSac suggested that the Vietnamese Ministry of Agriculture and Rural Development(MARD) give priority to technology solutions to modern fishingmanagement and improve the process of granting relevant papers such as fishingdatabase and e-diary.

She proposed the Government, MARD, cities and provincesprioritise investment in the marine-based economy, including increasing thenumber of qualified fishing ports and making further investment ininfrastructure, equipment, workforce and management personnel training for IUU combat.

Leaders of ministries, agencies and 28 centrally-run coastalcities and provinces must raise their sense of responsibility for the issue,considering it an urgent and priority task.

An EC delegation will visit Vietnam at the end of October to inspect the fight of IUU fishing.

Each year, Vietnam earned 1-1.4 billion USD fromexporting aquatic products to the EU, or 15-17% of the total export value of those products./. 
VNA

See more

Illustrative image (Photo: VNA)

Exporters diversify orders to reduce reliance on single market

Facing the risks posed by trade barriers and potential reciprocal tariffs from the US, many businesses have proactively shifted their market strategies, stepped up trade promotion, and diversified their orders to reduce reliance on a single market.

A customer buys petrol at a station in Hanoi. (Photo: VNA)

Government proposes 2-pp VAT reduction on select goods and services until 2026

A 2-percentage-point reduction in the value-added tax (VAT) for goods and services will lead to a decrease in state revenue by approximately 121.74 trillion VND (over 4.69 billion USD) over the proposed period. This includes an estimated 39.54 trillion VND in the second half of 2025 and 82.2 trillion VND in 2026.

Illustrative photo (Photo: VNA)

Petrol prices up in latest adjustment

E5 RON92 petrol is now capped at 19,180 VND (0.74 USD) per litre, up 403 VND from the previous adjustment, while RON95-III petrol costs 19,594 VND per litre, up 415 VND.

Delegates at the groundbreaking ceremony. (Photo: VNA)

Ba Ria-Vung Tau: New phase of luxury resort project kicks off

The nearly 1 billion USD subdivision includes a system of 5-star hotels, resort villas, entertainment facilities, a casino, and an international convention and exhibition centre, with more than 6,000 rooms, serving over 18,000 guests at the same time.

As of the end of March, nearly two million households and individual business owners nationwide were still paying taxes under the lump-sum method. (Photo: VNA)

Abolishing presumptive tax ensures greater fairness and transparency: experts

Under the Politburo's Resolution 68-NQ/TW, the presumptive tax model is to be completely phased out by 2026. The goal is to narrow the financial and accounting gap between household businesses and micro or small enterprises, and to gradually transition household businesses into entities with proper governance structures.

The 2025 Vietnam International Electronics and Smart Appliances Expo (IEAE) will be held in HCM City from May 29 to 31. (Illustrative photo: ieae.com.vn)

HCM City to host int'l electronics, smart appliances expo

Spanning over 10,000 s.q.m, the exhibition will gather more than 350 enterprises from Vietnam and China. It will showcase a wide range of products across the consumer electronics and smart home appliance sectors, offering direct access to manufacturers and promoting trade links.

A wide range of Chinese products are on display at the China Homelife Vietnam 2025 being held at the Saigon Exhibition and Convention Centre from May 14 to 16. (Photo: VNA)

China Homelife exhibition opens in HCM City

A highlight of the event is the VIP Buyer Programme, tailored exclusively for strategic buyers and senior executives, which offers priority access to exhibitors, personalised matchmaking services, private meeting spaces, and premium networking areas.

Visitors at the exhibition (Photo: VNA)

Nearly 900 enterprises join Vietbuild Da Nang 2025

Running from May 14 to 18, Vietbuild Da Nang 2025 serves as a platform to showcase new products, cutting-edge technologies, and international brands in the construction, building materials, real estate, and décor industries.