Deputy Prime Minister Le Van Thanh affirmed Vietnam’s all-out efforts to fight and eradicate illegal, unreported, and unregulated (IUU) fishing while meeting with an inspection delegation of the European Commission (EC) in Hanoi on October 28.
Ho Chi Minh City recorded growth of 3.82 percent in gross regional domestic product (GRDP) in the first half of 2022, according to its Statistics Office.
Many concerted and drastic measures have been taken by the Mekong Delta province of Tien Giang since the beginning of 2021 to promote offshore fishing, prevent illegal seafood exploitation, and sustainably develop the fisheries industry, according to a local official.
Despite being affected by COVID-19 in 2020, all 3 areas of agriculture, forestry and fisheries; industry and construction; services still achieved a higher growth rate compared to 2019.
The Republic of Korea (RoK) was the largest export market for Vietnamese squid and octopus last year, accounting for 40 percent of the total value, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Thailand’s Fisheries Department expects a bright future for the local fisheries industry after the European Commission took Thailand off a group of "warned countries" in recognition of its “progress” in tackling illegal, unreported and unregulated (IUU) fishing.
Developing concentrated aquaculture areas, strengthening linkages among stakeholders, optimising costs, increasing the use of technology, and building brands are among the measures that would add value to the aquaculture sector, according to the Directorate of Fisheries.
The enhanced practice of social responsibility will help improve the competitiveness, prestige and brand of the fisheries industry, which is now a hard currency earner of Vietnam.
Politics
