More efforts needed to remove EC fisheries warning

Although the Ministry of Agriculture and Rural Development (MARD) and the fisheries sector have strived to adjust their management over the fishing activities by fishermen in a bid to remove the "yellow card" warning imposed by the European Commission (EC) over illegal, unreported and unregulated (IUU) fishing, more efforts are still needed, according to insiders
More efforts needed to remove EC fisheries warning ảnh 1Illustrative image. (Photo: VNA)

Hanoi (VNA) – Although the Ministry of Agriculture and Rural Development (MARD) and the fisheries sector have strived to adjust their management over the fishing activities by fishermen in a bid to remove the "yellow card" warning imposed by the European Commission (EC) over illegal, unreported and unregulated (IUU) fishing, more efforts are still needed, according to insiders.

Nguyen Quang Hung, deputy director general of the Vietnam Directorate of Fisheries (VDF) under MARD, said an EC delegation will visit Vietnam again this October to review the country’s measures against IUU fishing. The inspection will focus on four matters, namely regulatory framework, management of fishing boats, traceability of seafood products from point-of-catch to point-of-sale, and penalties for violations, he said, adding that the checks will be conducted directly at fishing ports.

Earlier, the EC conducted two inspections on the issue in May 2018 and November 2019.

Hung pointed out some of the limitations that need addressing, including a lack of funding to renovate downgrading fishing ports as well as providing them with the necessary equipment and supervisory personnel. Many fishermen also failed to install GPS trackers or turn the devices on during offshore operations.

The VDF will convene a meeting with the National Steering Committee on IUU Fishing Prevention and Control to settle these issues, he added.

Nguyen Van Phong, vice chairman of the People’s Committee of the south-central coastal province of Binh Thuan, said the local Department of Agriculture and Rural Development has been assigned to coordinate with other agencies and authorities to install GPS trackers on boats by the third quarter of this year.

More efforts needed to remove EC fisheries warning ảnh 2Although the Ministry of Agriculture and Rural Development has strived to adjust its management over the fishing activities by fishermen in a bid to remove the "yellow card" warning imposed by the European Commission (EC) over illegal, unreported and unregulated (IUU) fishing, more efforts are still needed. (Photo: VNA)

Similar action is taking place in the Mekong Delta province of Tra Vinh to prevent IUU fishing.

In addition to the installation of equipment, fishermen are also being instructed on how to keep records of their fishing trips through catch log-books, said Tran Van Dung, deputy director of the provincial Department of Agriculture and Rural Development, adding that it hasn't recorded any of its fishing vessels violating foreign waters since the beginning of this year.

Tra Vinh has stepped up inspection and examination of the exploitation and protection of fishery resources. Since the year’s beginning, authorities have examined 179 vessels and fined 16 cases with nearly 190 million VND (8,100 USD) for administrative violations./.

VNA

See more

Cao Xuan Thang, Trade Counsellor and Head of the Vietnam Trade Office in Singapore, speaks at the festival (Photo: VNA)

Singapore trade event helps Vietnamese enterprises boost exports

The Vietnam Fruit and Vegetable Festival 2025 was held in Singapore on July 18 as a meaningful trade promotion event that strengthens bilateral economic, trade, and investment ties and helps realise the economic cooperation contents of the Vietnam–Singapore Comprehensive Strategic Partnership.

Vietnamese Ambassador to Laos Nguyen Minh Tam addresses the seminar (Photo: VNA)

Vietnam, Laos hold cross-border e-commerce seminar in Vientiane

Representatives from Vietnam and Laos emphasised the essential role of digital platforms, which are seen as the backbone of the e-commerce ecosystem. They also highlighted the significance of infrastructure in facilitating the smooth transport of goods between the two countries.

Sock production line for export at SUNJIN AT&C VINA Co., Ltd., Chan May - Lang Co economic zone, Hue city. (Photo: VNA)

Transparent business environment appealing to foreign investors

During the first half of 2025, the total registered FDI reached 21.51 billion USD, up 32.6% year-over-year. This includes 9.3 billion USD in new investments, down 9.6%; 8.95 billion USD in additional capital for existing projects, a 2.2-fold increase; and 3.28 billion USD through capital contributions and share purchases, up 73.6%.

Deputy Minister of Science and Technology Pham Duc Long meets with Google’s Vice President for Emerging Markets Doron Avni in Hanoi on July 17. ( VGP Photo)

MoST partners with Google to explore digital transformation, AI, SMEs

The two sides agreed to establish a joint task force to formalise their collaboration, with a strong focus on quantum technology, a strategic frontier of the digital age, and AI-powered solutions to help Vietnamese SMEs enhance their competitiveness and modernise their operations.

VBAB Chairman Nguyen Thanh Vinh (left) meets with a Belgium business representative. (Photo: VNA)

Business network helps connect Vietnam with Belgium, EU markets

As Vietnam accelerates green and digital transition, the Vietnam Business Association in Belgium (VBAB) is prioritising connections with capable Belgian partners in clean energy, particularly hydrogen and renewable energy, and smart seaport planning.

Kim Long Motor's passenger bus assembly line. (Photo of Kim Long Motor)

Kim Long Motor Hue multiplies investment sixfold

The company’s decision to inject an additional 21 trillion VND (804 million USD) into the project not only reflects its ambition to scale up operations but also signals a strategic shift towards exports and integration into global supply chains.

Hanoi’s key industries given priority to drive growth

Hanoi’s key industries given priority to drive growth

Hanoi is implementing a series of breakthrough plans, ranging from attracting investment and developing high-tech products to facilitating businesses’ global expansion, with a goal of transforming it into the country’s leading hub for key industries and supporting industries.

At the signing ceremony for the partnership between Becamex Binh Duong and IFC in HCM City on July 16, 2025.

Becamex, IFC advance green industrial park model in Vietnam

Under the cooperation agreement signed on July 16, the International Finance Corporation (IFC) will support Becamex IDC in conducting preliminary assessments for up to five industrial parks using the Global Eco-Industrial Parks Programme (GEIPP) certification framework.

The seminar on strengthening banking risk management capacity. (Photo: VNA)

Central bank to assess compliance of banks in risk management

The SBV has so far issued a system of documents guiding the implementation of Basel, such as Circular 41/2016/TT-NHNN regulating the capital adequacy ratio for banks and foreign bank branches and Circular 13/2018/TT-NHNN regulating the internal control system of commercial banks and foreign bank branches. MB highly appreciates the SBV’s system of legal documents.

Fuel prices see slight dip from July 17 (Photo: VNA)

Fuel prices fall slightly from July 17

Retail fuel prices in Vietnam have seen a slight decrease as of 15:00 of July 17, following a decision by the Ministry of Industry and Trade and the Ministry of Finance.