Thua Thien – Hue (VNA) – Deputy Minister of Agriculture and Rural Development Phung Duc Tien on September 18 ordered the central province of Thua Thien – Hue to tighten control over offshore fishing vessels in an effort to clamp down on illegal, unreported and unregulated (IUU) fishing.
At a working session with the Standing Board of the provincial Party Committee, Tien, also deputy head of the National Steering Committee on IUU Fishing Prevention, affirmed the significance to eradicating IUU fishing, and asked the province to direct competent localities, departments and sectors to keep close tabs on the situation, and mete out strict punishments to any violations.
A report from the provincial Department of Agriculture and Rural Development showed that the province has 437 fishing vessels with a length of at least 15 metres equipped with vessel monitoring system (VMS), including three broken ones.
From the outset of the year, competent authorities have detected 358 boats losing VMS signals from six hours to under 10 days due to service providers’ satellite incidents, and power disconnections.
The electronic catch documentation and traceability system (eCDT) has been piloted at Thuan An fishing port for hundreds of vessels’ entry and exit, ensuring transparency, and certifying seafood origin.
As many as 674 fishing boats with length from six metres have been registered, got fishing licences, and updated their information on national fisheries database (Vnfishbase). However, the number of “three nos” vessels (no registration, no examination, and no licence), is 385, most of them being small in size. The province has directed ship owners to complete registration procedures before October 30./.

See more

Honda’s motorcycle, auto sales surge in Vietnam
Honda Vietnam said the strong February performance reflects the market’s recovery after the Tet holiday and the continued popularity of its strategic vehicle models.

Vingroup chairman enters Forbes’ Top 500 Richest
Vingroup’s chairman Pham Nhat Vuong entered the World's Top 500 Richest with estimated wealth at 6.7 billion USD.

Chu Lai International Port aims to become world-class logistics centre
Chu Lai International Port in Quang Nam Province has established itself as a key logistics hub for the central and Central Highlands regions and for neighbouring nations Laos and Cambodia, facilitating trade and contributing to the inter-regional economy.

Vietnam, Singapore strengthen cooperation in capital market, digital asset regulation
The State Securities Commission of Vietnam (SSC) and Monetary Authority of Singapore (MAS) have announced a partnership aimed at enhancing the integrity and stability of their capital markets.

Vietnam seeks French support for nuclear energy development
Vietnam will prioritise choosing partners who can commit to joining Vietnamese investors in technology transfer during the development of nuclear power in the country, said Prime Minister Pham Minh Chinh.

PM welcomes Pacifico Energy’s investment in Vietnam’s renewable sector
Prime Minister Pham Minh Chinh has welcomed the US-based Pacifico Energy (PE)’s plan and commitment to investing in Vietnam’s energy sector.

Congratulations to new Belarusian Prime Minister
Prime Minister Pham Minh Chinh on March 12 sent a congratulatory message to Alexander Turchin on his appointment as Prime Minister of the Republic of Belarus.

European Investment Bank helps Vietnam “unlock” green finance
The partnership will take advantage of the European bank’s Greening Financial Systems (GFS) technical assistance programme to strengthen Vietnam’s financial sector for climate investments.

Financial Times granted licence to reopen Vietnam bureau
With the reopening of the Financial Times' Vietnam bureau, the number of foreign news agencies with a permanent presence in the country has now risen to 30.

HCM City HortEx showcases agricultural technologies, smart farming
HortEx Vietnam 2025 also serves as a gathering place for businesses, cooperatives, and agricultural producers from more than 16 provinces and cities across Vietnam, providing an excellent opportunity for local enterprises to exchange knowledge, learn from international experience, access new technologies, and expand their markets.

Hyundai auto sales remain stable in February
In February, Hyundai Accent remained the best-selling model, with 455 units delivered to customers. It was followed by Hyundai Tucson with 403 units, Hyundai Stargazer with 304 cars, and Hyundai Creta with 303 vehicles.

PM requests stronger efforts to ensure comprehensive, equitable financial access
PM Pham Minh Chinh, who is also head of the steering committee, highlighted the significance of the strategy for the country's socio-economic development, saying that it enables individuals and businesses to access essential financial resources and services for development, improving living standards of the people, and promoting savings and investment.

Vietnam, Singapore deepen partnership with new industrial park project
Spanning 497.7 hectares with registered investment capital of some 161 million USD, it is designed to integrate green technologies, smart infrastructure, industrial symbiosis, and sustainable development principles, positioned to attract more investments to the province.

Vietnam’s economy poised to grow 6.8% this year: WB
“Vietnam is projected to maintain robust economic growth over the next two years, but it can use its fiscal space to better prepare for heightened uncertainties”, said Mariam J. Sherman, World Bank Director for Vietnam, Cambodia and Laos at a press conference.

VinFast’s EV sales in Vietnam surge 25%
VinFast’s February results continued its impressive domestic market performance.

HCM City retail property market expected to heat up
In 2025, the commercial real estate market, especially in HCM City, is forecast to undergo significant positive changes, with an improved supply. It can be said that this segment will "transform" to recover for a new growth cycle.

Measures needed to boost business optimism: VCCI
According to the Ministry of Planning and Investment, there are currently 940,000 active enterprises, falling short of the target of one million by 2020 and 1.5 million by the end of the year.

HCM City to use municipal budget for Metro Line No. 2 project
The Metro Line No. 2 project has an estimated investment of nearly 47.9 trillion VND (2 billion USD) and has nearly completed land clearance, at 99.8%. The NA’s Resolution 188 authorises HCM City to develop seven metro lines spanning 355 kilometres over the next decade, with preliminary total investment for the 2025-2035 phase estimated at 40.2 billion USD.

Reference exchange rate down 5 VND on March 12
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,758 VND/USD on March 12, down 5 VND from the previous day.

Corporate credit demand expected to keep rising this year
Credit for the individual customer segment last year slowed, while GDP last year recorded a strong recovery and household income growth remained low.