Localities in the central region have demonstrated strong political commitment and strictly implemented the directions of the Party Central Committee’s Secretariat, the Government, and the Prime Minister, in addressing IUU fishing violations.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
Monthly aquatic exports have exceeded 1 billion USD again in October after more than two years, signaling a rosy future for the industry, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam's aquatic product exports are on track to hit a target of 9.5 billion USD by the end of this year, buoyed by sustained positive growth in recent months, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s seafood exports remained heavily dependent on natural sources, which have become increasingly difficult to secure due to tightening regulations and limited local marine farming, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam has taken measures to have the European Commission’s “yellow card” removed for Vietnamese seafood products regarding illegal, unreported and unregulated (IUU) fishing, Veeramalla Anjaiah, a senior research fellow at the Centre for Southeast Asian Studies (CSEAS) and senior journalist based in Jakarta, has said.
Lobster exports reeled in nearly 30 million USD in January and February, an over 18-fold increase compared to the same period last year, the Vietnam Association of Seafood Exporters and Producers (VASEP) has reported.
Vietnam's aquatic product exports saw a strong start to the year, with tra fish emerged as the star performer, potentially reaching 2 billion USD in 2024.
The northern coastal province of Quang Ninh has mobilised the participation of the entire political system to fight illegal, unreported, and unregulated (IUU) fishing in a bid to have the European Commission (EC)’s “yellow card” warning against Vietnam’s seafood exports lifted.
After a tough period with a continuous decline in orders, from September, seafood producers and exporters have become busier thanks to the recovery of orders for year-end festive season.
Shrimp experts and businesses gathered at the Shrimp Summit 2023 in Ho Chi Minh City on July 25 to seek measures to tackle challenges facing the shrimp sector in Asia and the globe, ensuring the sustainability and climate change resilience of the sector.
Vietnam’s seafood exports saw a decline of nearly 30% during the first five months of this year, reaching just 3.5 billion USD. However, the industry is pinning its hopes on a recovery in the third quarter and an acceleration over the remaining months of the year, as consumer demand in key markets bounces back.
Authorities of the central localities of Da Nang and Quang Binh are accelerating inspections and control of local fisheries activities to join national efforts in the fight against illegal, unreported and unregulated (IUU) fishing, towards having the European Commission (EC)'s “yellow card” warning against Vietnam's seafood exports lifted.
Vietnam’s seafood exports to Russia have sharply recovered after many months of interruptions due to the impacts of the Russia-Ukraine conflict, surging 36% in July and 98% in August, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s seafood exports to the UK are expected to pick up in the remaining months of this year with the full-year revenues projected to increase by 5% over last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
The two new generation free trade agreements, namely the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and the European Union–Vietnam Free Trade Agreement, continued to be the momentum for the increase of Vietnam's seafood exports in the first two months of 2022.