Vietnam: Overcoming IUU, Binh Dinh seafood exports increased dramatically

Published Dec 2, 2022

Tridge summary

Binh Dinh province's seafood export industry, with a particular focus on tuna products, is facing challenges such as declining fishing grounds, increased gasoline prices, and barriers to exports to European and American markets due to strict sanctions on illegal, undeclared, and unregulated fishing activities. These challenges have led to a decrease in income for fishermen and difficulties for seafood exporters. In response, businesses and associations are supporting each other and diversifying markets to maintain growth. The export turnover in Binh Dinh province reached over 155 million USD in the first 11 months of the year, with a projected total of over 166 million USD in 2022.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This year, the seafood export industry in general and tuna products in particular in Binh Dinh province faced many difficulties. The fishing grounds have declined, gasoline prices have increased, and exports to the European and American markets are full of barriers due to strict sanctions on illegal, undeclared and unregulated fishing activities. determined (IUU). In difficulties, fishermen, businesses and associations accompany and support each other to overcome difficulties and gradually find a sustainable direction. At the beginning of the year, the price of gasoline increased, while the catch was decreasing, the price of tuna did not increase, making many ship owners bored. Mr. Le Van Minh, in Hai Cang ward, Quy Nhon city, Binh Dinh province, owner of fishing boat BD 91464, who specializes in tuna fishing, said that this year fishermen's income is lower than a few years ago. “Each trip out to sea, on average, the boat catches about 20 tuna, every trip is quite new to catch 40 ...

Source: Vov