The Hanoitimes - The admission is among the country’s efforts in fighting against illegal, unreported and unregulated (IUU) fishing.
Vietnam has just signed up to the Food and Agriculture Organisation’s Agreement on Port State Measures (PSMA). This is the first binding international agreement to specifically target IUU.
The Ministry of Agriculture and Rural Development (MARD) will co-ordinate directly with related parties to implement the agreement in line with the country's current regulations.
PSMA Agreement was adopted by members of Food and Agriculture Organization (FAO) in 2009 and has gone effective since June 5, 2016. It is considered a turning point in the combat against illegal acts in the fishery sector.
Vietnam has made efforts to deal with IUU during the past time.
Earlier in October 2017, Vietnam was warned by the European Comission (EC) with a six-month “yellow card”, because the country’s fishermen continued to conduct IUU fishing, which the EC considered a key obstruction for the ratification of the EVFTA by the EU.
The comission then required the Vietnamese seafood sector to implement nine recommendations related IUU fishing in the reviewed period.
However, the country has not had the yellow card withdrawn after an inspection of EC delegation taking place from May 15 to 25.
Now the EC is scheduled to review its warning against Vietnam’s fishery export in early 2019.
Vietnam’s fishery exports were estimated to reach US$732 million in June, bringing the total value for the first half of 2018 to approximately US$3.94 billion, up 10.5% compared to the same period last year.