Toan Dao

After securing trade deals with the E.U. and the U.S., India has proposed INR 27.6 billion (USD 304.5 million, EUR 256.6 million) in annual budgetary support for its fisheries sector, which, if approved, would be the highest annual amount in the country’s history. India’s Finance Ministry has proposed the total for the upcoming fiscal year, which runs from April 2026 to March 2027, in an effort to raise production, boost exports, and support… Read More

Indonesia plans to build 1,582 new fishing vessels starting in 2026 as part of efforts to raise national fisheries productivity. Of the total, 1,000 vessels will have a capacity of 30 gross tons each and will be allocated to fishing villages being modernized under the country’s Red and White Fishing Villages initiative. Construction of some vessels, all of which will be domestically built, will start this year, with the program rolling out in… Read More

China’s changing consumption patterns are boosting demand for higher-value shrimp and lobster products, providing a lift to Vietnamese exporters. Improved incomes and the expansion of modern retail, e-commerce platforms, and restaurant chains have pushed Chinese consumers away from low-cost frozen shrimp toward premium segments, including live shrimp, larger sizes, and processed products, according to the Vietnam Association of Seafood… Read More

Capture fishery production in the Philippines dropped by an average of 45 million kilograms of fish annually, or roughly 45,000 metric tons (MT), between 2010 and 2023 due to weak law enforcement and governance failures, according to marine conservation nonprofit Oceana. In a report titled “Net Loss: How Governance Gaps are Sinking Philippine Fisheries,", Oceana estimated that the average annual losses translated into 591,136 MT of cumulative… Read More

Indonesia is accelerating the modernization of select fishing villages and expanding aquaculture as part of a broader push to strengthen food security and support its national nutrition policy. Under the Red and White Fishing Villages initiative, the most populous nation in Southeast Asia plans to modernize select coastal communities by improving production capacity, post-harvest handling, and market access. The government-funded program focuses… Read More

The Fisheries Development Authority of Malaysia (LKIM) is urging fishermen associations to venture into aquaculture as falling marine fish stocks and coastal development squeeze catch totals, particularly within low-income coastal communities. LKIM Chairman Muhammad Faiz Fadzil said the push is aimed at strengthening national food security and providing more stable income streams for fishermen, many of whom fall into the country’s bottom… Read More

Vietnam's seafood exports reached an all-time high of nearly USD 11.3 billion (EUR 9.6 billion) in 2025, rising 12.4 percent from 2024 as exporters pivoted to Asian markets and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) member nations in response to mounting trade barriers in the U.S. Sales to CPTPP member countries rose 20.8 percent year over year to USD 3 billion (EUR 2.6 billion) in 2025, followed by China… Read More

SmartGreen Aquaculture (SGA), a Hyderabad, India-based startup, has launched the largest inland trout farm in India, successfully leveraging cutting-edge aquaculture technology in order to farm the coldwater species in a tropical climate. The USD 6 million (EUR 5.1 million) facility, located in the Southern Indian state of Telangana, utilizes proprietary “Agile” recirculating aquaculture system (RAS) technology to maintain Himalayan-style… Read More

Pakistan’s most populous province, Punjab, has authorized a large-scale aquaculture initiative to develop shrimp-farming operations across 5,600 acres of land. According to Pakistan’s Business Recorder, the project, described as the province's largest blue economy investment to date, aims to convert saline and unproductive land in the province into shrimp farms. Official progress reports confirm that initial development at a site near the… Read More

The U.S. is positioning itself to increase its share of the Philippines' USD 1 billion (EUR 847.6 million) seafood import market, as shrinking domestic catch and a surging population have created a widening supply gap in the Southeast Asian nation. The U.S. currently exports such seafood products as frozen squid, fish fats and oils, fish pastes, and frozen sea bass to the Philippines, but despite the latter nation’s massive market… Read More