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VASEP

(seafood.vasep.com.vn) In 2021, VASEP will continue its activities on the basis of joining hands with the local provinces and fishermen as well as implementing a program to support member enterprises to better fulfill their commitment against IUU fishing.

Despite facing difficulties due to the COVID-19 pandemic, seafood exports last year were estimated at US$8.58 billion, the same as in 2019. The Vietnam Association of Seafood Exporters and Producers (VASEp) expects them to increase by 5 per cent to $8.8 billion this year aided by many positive factors.

The Viet Nam Association of Seafood Exporters and Producers said it plans several measures to help its members further penetrate the global supply chain and enable the fisheries sector to reach its export target of US$12 billion in 2025, 40 per cent higher than this year.

The European Commission (EC) has made positive assessment of Vietnam’s fight against illegal, unreported and unregulated (IUU) fishing following two inspections in the past over three years since EC imposed a “yellow card” on Vietnam’s export of aquatic products to Europe.