Vietnam's tuna exports face new challenges

Published Mar 17, 2025

Tridge summary

Vietnam's tuna processing and export industry is facing challenges due to a decrease in raw materials, primarily tuna caught by domestic fleets, and a new government decree on fishing gear mesh sizes that is not suitable for skipjack tuna. The decree is meant to protect aquatic resources and meet EC requirements, but it has negatively impacted fishermen and enterprises. The Ministry of Agriculture and Rural Development is planning to revise the decree by April 2025. Additionally, changes in US tax policies could affect Vietnamese tuna exports to the US market.

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

Original content

Many challenges According to tuna processing and exporting companies, the lack of raw materials, especially tuna caught by domestic fleets, has seriously affected tuna export activities. In 2024, the government issued Decree No. 37 (37/2024/ND-CP) on the implementation of the Fisheries Law, which stipulates the minimum mesh size standard for fishing gear allowed. This regulation does not comply with every type of fish, including skipjack tuna (the main raw material for Vietnam's tuna exports). This regulation has seriously affected the normal production and business activities of fishermen and enterprises. Deputy Chairman of the National Assembly Li Minghuan said that Decree No. 37 on the minimum catch size is necessary to protect aquatic resources and meet the requirements and recommendations of the European Commission (EC). However, in order not to affect the traditional fishing activities of fishermen and the export activities of enterprises, the Ministry of Agriculture and ...

Source: Foodmate