Aquatic products are subject to a lot of incentives in the European Union – Vietnam Free Trade Agreement (EVFTA), according to experts.

Chairwoman of the National Assembly Nguyễn Thị Kim Ngân and European Commissioner for Trade Cecilia Malmstrom exchanged ideas related to the signing and ratification of the EU-Viêt Nam Free Trade Agreement (EVFTA) and the EU-Việt Nam Investment Protection Agreement (EVIPA) during their meeting in Hà Nội yesterday.

The Ministry of Agriculture and Rural Development has implemented several measures to develop the best breeding sources to produce seeds for the delta’s fishery, fruit and rice sectors by 2025.

(seafood.vasep.com.vn) According to the Sub-department of Fisheries of Binh Dinh province, so far this year, fishermen in the province have caught an estimated 83,125 tons of seafood, up 5% compared to the same period in 2018. In which ocean tuna production was estimated at 4,876 tons, up 6%.

Here is VASEP and Vietnam marine product enterprises’ activities to combat IUU fishing. The schedule is updated in June 2019.

(seafood.vasep.com.vn) Currently, aquaculture area in Bac Lieu province is nearly 120,000 ha. In the first 5 months of the year, total production of aquaculture and capture reached 26,772 tons.

(seafood.vasep.com.vn) According to Binh Dinh Department of Fisheries (DARD), up to now, brackish shrimp farmers in some farming areas in the province have started to harvest farmed shrimp with a total harvested area of 30.3 hectares, volume production reached more than 870 tons, an increase of 47% over the same period in 2018.

In the continued efforts to fight illegal, unreported and unregulated fishery (IUU) globally, Karmenu Vella, Commissioner for Environment, Maritime Affairs and Fisheries, will launch the EU’s first IT tool, called “CATCH”, conceived to streamline the checks of seafood products entering the EU market.

(seafood.vasep.com.vn) Prime Minister Nguyen Xuan Phuc has approved the Decision 596/QĐ-TTg on the establishment of the National Steering Committee on combating Illegal, Unreported, and Unregulated (IUU) Fishing.

Vietnamese agro-forestry-fishery products are now available in 180 countries and territories thanks to Vietnam’s increasing global economic integration and implementation of free trade agreements.

Vietnamese enterprises need to take advantage of tariff reductions under the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP) to increase exports to Australia.

The Mekong Delta province of Ben Tre will develop its maritime economy over the next decade, focusing on fishing, tourism and renewable energy, according to the provincial People’s Committee.

The Mekong Delta province of Kien Giang earned over 107 million USD from exports in the first quarter of this year, or 15.8 percent of the yearly plan, down 20.1 percent year-on-year.

Standard and Poor’s (S&P) Global Ratings’ recent upgrade of its long-term sovereign credit rating for Vietnam, the first time since 2010, was expected to help the country to attract more foreign investments into the economy and expand exports.

The Mekong Delta province of Kien Giang will promote the application of advanced technologies in shrimp farming on large scale under its master plan on shrimp development until 2025.