Vietnam’s seafood exports have been seriously affected since the European Commission issued an official warning against illegal, unreported and unregulated (IUU) exploitation of Vietnamese seafood.
The Defence Ministry has employed drastic measures to prevent and curb illegal, unreported and unregulated (IUU) fishing activities in line with its assigned functions and tasks, heard at a meeting in Hanoi on September 12.
Seafood shares advanced in the first half of the year as the freshly signed EU-Vietnam Free Trade Agreement (EVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have positive impacts on the business results of seafood exporters, according to insiders.
The Mekong Delta province of Kien Giang has taken synchronous measures to fight illegal, unreported and unregulated (IUU) fishing as instructed by the European Commission (EC).
Export revenues by Ho Chi Minh City-based enterprises in the first six months of the year reached 19.6 billion USD, a 9.2 percent increase year-on-year, according to the municipal People’s Committee.
The seafood industry must envision a long-term strategy to make full use of new trade pacts and prepare for problems that might arise when they take effect, Truong Dinh Hoe, VASEP general secretary, said.
Prime Minister Nguyen Xuan Phuc has approved the establishment of the National Steering Committee on Illegal, Unreported, and Unregulated (IUU) Fishing Prevention and Control.
Localities need to take stronger actions to counter the European Commission’s illegal, unreported, and unregulated fishing (IUU) yellow card warning, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
The Vietnam-Austria joint venture Mavin Group will join hands with Hungarian institutes and firms to improve the quality of carp fry in Vietnam and the Southeast Asian region.
Fifteen Vietnamese seafood exporters attended the Seafood Expo North America and Seafood Processing North America, the largest of its kind show in the North America, from March 17-19 to seek new partners and expand export markets.
The Ministry of Agriculture and Rural Development has asked the central coastal provinces of Nghe An, Ha Tinh and Phu Yen to take urgent actions and find solutions in response to the EU’s warning about illegal, unreported and unregulated (IUU) fishing.
Considerable efforts have been made by the entire political system, sectors and localities to fight illegal, unreported and unregulated (IUU) fishing as required by the European Commission.
The US is the largest export market of Vietnam, with export turnover hitting 39 billion USD in the first ten months of 2018, representing a year-on-year increase of 12.8 percent.
The “yellow card” warning must be taken as motivation to transform the fishery sector into a responsible and sustainable industry, Minister of Agriculture and Rural Development Nguyen Xuan Cuong has said.
Seafood export value in the first nine month of the year was estimated at 6.4 billion USD, a year-on-year increase of 7.2 percent, according to the Department of Farm Produce Processing and Market Development under the Ministry of Agriculture and Rural Development (MARD).
The south central coastal province of Binh Thuan has joined hands in the nation’s efforts to fight illegal, unreported, and unregulated fishing so as to have the European Commission’s “yellow card” warning removed.
The People’s Committee of the central coastal province of Khanh Hoa has approved a development plan for the seafood sector for 2025, with a vision towards 2035.
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