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Seafood firms’ profits drag on weak exports

Lack of production materials and flagging export value have caused seafood companies to suffer losses in the third quarter of this year.

Enterprises must control the origin of fisheries raw material

The Ministry of Agriculture and Rural Development said that according to the notice of the European Commission (EC), the inspection team of the European General Department of Marine and Fisheries (DG-MARE) will come to work in Vietnam from 4 - 12 November 2019 to assess the remediation of recommendations in the implementation of regulations related to illegal, unreported, and unregulated (IUU) fishing.

Seafood production in the first 10 months up 5.4%

According to Directorate of Fisheries, total seafood production in October 2019 reached 707.4 thousand MT, accumulated from the beginning of 2019, the total output is estimated at 6,672.3 thousand MT, up 5.4% over the same period in 2018, of which, capture output is estimated at 3,203.3 thousand MT and aquaculture production is 3,469 thousand MT.

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