Fishery sector aims for “yellow card” removal with US$10 billion export target in sight

Despite the looming prospects of challenges ahead in the second half of the year, the seafood industry is making all-out efforts to meet this year’s U$$10 billion export target whilst dealing with recommendations from the European Commission (EC) on combating illegal, unreported and unregulated (IUU) fishing for the purpose of having the "yellow card" removed
fishery sector aims for yellow card removal with us 10 billion export target in sight

US$10 billion export target represents a challenging task

The first half of the year has seen seafood export value stand at an estimated US$3.56 billion, equal to 91.4% compared to the same period last year and fulfilling 35.6% of the set target.

The Vietnam Directorate of Fisheries under the Ministry of Agriculture and Rural Development anticipates that seafood resources will decline in terms of both quantity and quality during the second half of the year as a result of unpredictable developments caused by the novel coronavirus (COVID-19) epidemic.

In addition, continued drought and saltwater intrusion will continue to affect aquaculture in several areas.

Moreover, the security situation at sea remains tricky with no clear pathway to resolution as regional nations move to intensify their control of fishing activities at sea whilst traditional fishing grounds are becoming increasingly narrow.

Despite these negatives, the industry is striving to complete all set targets for this year, with total aquatic output and export turnover aiming to reach 8,565.6 million tonnes with a respective value of US$10 billion.

Nguyen Hoai Nam, deputy general secretary of the Vietnam Association of Seafood Exporters and Producers, said the opening six months of the year have seen seafood exports fall by more than 8% compared to the same period last year.

This indicates that reaching the export target of US$10 billion for the year represents a huge task and will take a great deal of effort, especially in terms of boosting exports to China.

"After the epidemic in Vietnam was brought under stricter control over the past two months, China increased its import of Vietnamese seafood. However, in the last two weeks when China detected the COVID-19 in three Ecuadorian shrimp bags, the northern neighbour’s tightened import has affected Vietnamese seafood exports to the major market. Meanwhile, other large markets of Vietnamese seafood are encountering hurdles due to the impact of the COVID-19," Nam said.

Efforts for yellow card removal

According to Phan Thi Hue, head of the Legal Inspection Department under the Vietnam Directorate of Fisheries, the Directorate of Fisheries is studying relevant documents which can be sent to coastal localities in an effort to clarify overlapping waters and make a list of all ships notified of violations by foreign countries or Vietnamese functional forces.

This step is being carried out alongside receiving direct guidance in order to form the basis for the country to work more effectively with the EC, she notes.

Ha Le, deputy director of the Fisheries Control Department says, “In recent times, violations in foreign waters by fishermen, especially in the overlapping waters of Malaysia, have been very complicated. A meeting of the National Steering Committee on IUU is set to be held in late July, during which the Department will come up with solutions to prevent Vietnamese fishing vessels' violations in overseas waters.”

In the face of a number of shortcomings and problems in removing "yellow cards", Deputy Minister Phung Duc Tien has requested the Directorate of Fisheries strengthen its direction, guidance, and inspection activities to urge localities to carry out the task of combating IUU fishing.

This must be done whilst ramping up communication about law dissemination for fishermen as a way of raising awareness of necessary law observance and the process of fighting against IUU fishing. He has also outlined the necessity of preparing plans for future meetings with the EC Delegation to Vietnam.

Source: VOV
english.vov.vn

Related News

Firms urged to make greater efforts to fulfil year-end export target

Firms urged to make greater efforts to fulfil year-end export target

There remain difficulties for enterprises in the last months of this year, requiring them to be proactive and flexible to finish the year with strong export performance.
Fishery sector takes various measures to get EC yellow card removed

Fishery sector takes various measures to get EC yellow card removed

Việt Nam’s fishery sector is preparing for the visit by an EC delegation at the end of this month, during which they will inspect the fight against illegal, unreported and undocumented (IUU) fishing in the Southeast Asian nation.
Removal of fishing “yellow card” an urgent task: Deputy PM

Removal of fishing “yellow card” an urgent task: Deputy PM

Vietnam has been doing its utmost to fight Illegal, Unreported and Unregulated (IUU) fishing in an attempt to lift the European Commission (EC)’s “yellow card” warning against its seafood exports and avoid a “red card” which could lead to a trade ban.
More efforts needed to remove EC fisheries warning

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

Latest News

Saigontex 2023 attracts over 1,300 domestic, foreign businesses

Saigontex 2023 attracts over 1,300 domestic, foreign businesses

More than 1,300 businesses from 21 countries and territories are participating in the Vietnam Textile & Garment Industry Expo (Saigontex) 2023, the leading exhibition of the industry in Southeast Asia, which opened in Ho Chi Minh City on April 5.
Mong Cai international border gate sees strong recovery

Mong Cai international border gate sees strong recovery

The Mong Cai international border gate in the northern province of Quang Ninh has become vibrant as before the pandemic, showing a positive sign in the economic recovery of Mong Cai city in particular and Quang Ninh province in general.
Vietnam a potential market for French businesses, investors: experts

Vietnam a potential market for French businesses, investors: experts

French businesses should innovate their approach, enhance their understanding of culture and language, and make changes to adapt to Vietnam's transitioning economy in order to expand their market share and boost investment in the Southeast Asian nation, said Dr. Jean-Philippe Eglinger, the founder of the Viet Phap Strategies.
Import and export turnover across Cao Bang prospers but still exists difficulties

Import and export turnover across Cao Bang prospers but still exists difficulties

VCN – After China resumes trade, Cao Bang province's import and export activities see remarkable prosperity.

More News

Cashew industry strives to "get on the shelves of world supermarkets"

Cashew industry strives to "get on the shelves of world supermarkets"

VCN - Although holding the number one position in the world in exporting cashew kernels for many years, the position of Vietnam's cashew industry in the world cashew value chain is very small because it mainly exports kernels with preliminary treatment.
HCM City’s industrial production index down 0.9% in Q1

HCM City’s industrial production index down 0.9% in Q1

Ho Chi Minh City’s Index of Industrial Production (IIP) in the first quarter of 2023 declined by 0.9% compared to the same period last year, the municipal Department of Industry and Trade reported at a press conference on April 3.
Fisheries exports estimated at 1.85 billion USD in Q1

Fisheries exports estimated at 1.85 billion USD in Q1

Fisheries export value was estimated at 1.85 billion USD in the first quarter (Q1) of this year, a fall of 27% compared to the same period last year due to lower consumption and import demand under the impacts of inflation and economic recession, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Quang Ninh aims to attract quality FDI inflows

Quang Ninh aims to attract quality FDI inflows

The northern coastal province of Quang Ninh has strengthened measures to attract quality foreign direct investment (FDI) inflows, especially from big names in the processing-manufacturing industry.
Exports face many difficulties

Exports face many difficulties

VCN - In the first months of 2023, the absence of export orders plus the downward trend in commodity prices have slowed down trade activities.
Manufacturing enterprises increase their competitiveness thanks to digital transformation

Manufacturing enterprises increase their competitiveness thanks to digital transformation

VCN - Overcoming difficulties in 2023 requires manufacturing enterprises to self-improve and innovate. Digital technology is one of the effective solutions to help manufacturing businesses grow and compete.
32nd Việt Nam Expo promises to boost business linkages

32nd Việt Nam Expo promises to boost business linkages

The 32nd Việt Nam International Exhibition (Vietnam Expo) will take place in Hà Nội from April 5-8 with the participation of more than 500 domestic and foreign enterprieses, the event’s organisers have announced.
Prevention of price risks before news that Indonesia increases rice imports in reserve

Prevention of price risks before news that Indonesia increases rice imports in reserve

VCN - In response to demand signals from key markets such as Indonesia and the Philippines, the Import-Export Department (Ministry of Industry and Trade) suggested that rice exporters actively monitor the market situation and fully assess the opportunities as well as risks to build a trading plan.
Japanese investors highly appreciate Vietnamese property market

Japanese investors highly appreciate Vietnamese property market

Representatives from around 180 Japanese businesses and investors on April 1 attended a Tokyo workshop on Vietnamese real estate, during which many of them highly appreciated the potential of Vietnam’s property market.
Read More

Your care

The system has not recorded your reading habits.

Please Login/Register so that the system can provide articles according to your reading needs.

Latest Most read
Saigontex 2023 attracts over 1,300 domestic, foreign businesses

Saigontex 2023 attracts over 1,300 domestic, foreign businesses

More than 1,300 businesses from 21 countries and territories are participating in the Vietnam Textile & Garment Industry Expo (Saigontex) 2023, the leading exhibition of the industry in Southeast Asia, which opened in Ho Chi Minh City on April 5.
Mong Cai international border gate sees strong recovery

Mong Cai international border gate sees strong recovery

The Mong Cai international border gate in the northern province of Quang Ninh has become vibrant as before the pandemic, showing a positive sign in the economic recovery of Mong Cai city in particular and Quang Ninh province in general.
Vietnam a potential market for French businesses, investors: experts

Vietnam a potential market for French businesses, investors: experts

French businesses should innovate their approach, enhance their understanding of culture and language, and make changes to adapt to Vietnam's transitioning economy in order to expand their market share and boost investment in the Southeast Asian nation, said Dr. Jean-Philippe Eglinger, the founder of the Viet Phap Strategies.
Import and export turnover across Cao Bang prospers but still exists difficulties

Import and export turnover across Cao Bang prospers but still exists difficulties

VCN – After China resumes trade, Cao Bang province's import and export activities see remarkable prosperity.
Cashew industry strives to "get on the shelves of world supermarkets"

Cashew industry strives to "get on the shelves of world supermarkets"

VCN - Looking back to 2022, while the export turnover of the cashew industry reached US $ 3.08 billion, the import turnover of raw cashews consumed US $ 2.678 billion.
Mobile Version