Vietnam is taking steps to remove the European Commission’s ‘yellow card’ on its seafood products due to illegal, unreported and unregulated (IUU) fishing. The government, ministries, and localities have adopted various solutions since 2017 to combat IUU fishing, as highlighted by the inclusion of all EC recommendations in the Law on Fisheries. However, enforcement has faced challenges due to limited resources and poor coordination. The economic losses from IUU fishing in Southeast Asia can reach 20% of the seafood output. Indonesia, the most affected country, loses around 3 billion USD annually. To combat this, Indonesia ratified the Port State Measures Agreement and implemented technology and tough actions. Vietnam and Indonesia are collaborating to develop the lobster farming industry.