Vietnam makes suitable efforts to prevent IUU fishing: WTO expert
Vietnam has made suitable efforts to clamp down on illegal, unreported and unregulated (IUU) fishing while striving to negotiate to have the European Commission (EC)’s “yellow card” removed, a counsel at the Advisory Centre on WTO Law told the Vietnam News Agency.
Fishing vessels' operation is closely monitored. (Photo: VNA)
Geneva (VNA) – Vietnam has made suitable efforts to clamp down on illegal, unreported and unregulated (IUU) fishing while striving to negotiate to have the European Commission (EC)’s “yellow card” removed, a counsel at the Advisory Centre on WTO Law told the Vietnam News Agency.
According to Christian Vidal-León, who previously worked as a dispute settlement lawyer in both the Legal Affairs and the Appellate Body Secretariat of the WTO, over the past six years, the Vietnamese Government has issued a number of related documents, and aligned the European Union’s recommendations with the Law on Fisheries, including the Government’s decision to issue an action plan on fighting IUU fishing in 2023.
Fishing in the Southeast Asian region is always challenging, he said, highlighting the fight is significant to the sustainable development of the fisheries sector, including Vietnam's.
ꦆ Vidal-León said the EU has also pledged to support Thailand in the implementation of the new IUU fishing law following the EC's delisting of Thailand from the group of “warned countries” in 2019 as the Southeast Asian country had effectively adjusted and supplemented laws in accordance with the commission’s standards./.
Vietnam has shown high determination in combating illegal, unreported and unregulated (IUU) fishing to have the European Commission’s “yellow card” against its fisheries sector removed, with many achievements and positive changes recorded since 2017, commented Nguyen Anh Thu, a researcher of the Blue Security Fellowship programme at Australia’s La Trobe University.
Combating illegal, unreported and unregulated (IUU) fishing is a crucial and long-term task which needs to continue, with the active participation of the whole political system and people of all classes, Deputy Minister of Agriculture and Rural Development Phung Duc Tien said on June 19.
The People’s Committee of Binh Thuan on June 10 held a meeting with localities to implement solutions to combat illegal, unreported and unregulated (IUU) fishing in the south-central province.
The complex, covering a total area of 512 ha, is designed after a multi-functional model, prioritising the preservation of natural landscapes, honouring local beauty, and creating an ideal living area.
He requested delegates to provide objective and honest feedback on what has been achieved, what has not, the consequences, and draw lessons learned for the future. He also emphasised the need to identify key directions and tasks, with a firm resolve to prevent, and eventually eliminate the trafficking of counterfeit medicines and fake food products.
The Ministry of Finance is drafting policies to establish specialised AI and smart industrial parks to raise the technological profile of FDI projects and create spillover effects for local businesses.
Vietnam ranked as the 8th largest export market of Singapore with an export turnover of more than 11.7 billion SGD (9.06 billion USD) in the first five months of this year, four places higher than that of the same period last year.
Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.