U.S. Customs and Border Protection (CBP) has commenced a formal investigation to determine whether Vietnam’s leading shrimp company, Minh Phu Seafood, and its subsidiaries have evaded the antidumping duty order on certain frozen warmwater shrimp from India through its imports of shrimp into the U.S.
CBP said the Trade Remedy Law Enforcement Directorate (TRLED) under its Office of Trade on 9 October, 2019, initiated the investigation under… Read More
The fisheries minister of India’s southern state of Kerala is calling on the region’s fisheries sector to push its sustainable development toward serving people.
During the third international symposium on marine ecosystems, held at India’s Central Marine Fisheries Research Institute (CMFR), J Mercykutty Amma said fisheries management should focus on environmental, economic, and social factors with equal importance. The sector… Read More
The Kochi, India-based Central Institute of Fisheries Technology (CIFT) has developed a new simple, low-cost, and easy-to-operate device to assess the freshness of fish in a market, The Hindu BusinessLine reported 24 December.
The device is described as a paper-based disc that’s stored inside a pack, without coming into direct contact with the fish. The disc absorbs the chemical compounds released during the storage period, and changes… Read More
Vietnam saw its pangasius export value fall once again in November, making nine straight months of decline, with sales dropping in most key markets except China.
The country exported pangasius worth nearly USD 175 million (EUR 157.9 million) in November, down 20 percent from the same month in 2018, according to a statement from Vietnam Association of Seafood Exporters and Producers (VASEP) on 24 December.
The export value in the first 11 months… Read More
Ho Chi Minh City, Vietnam-based pangasius company Hung Vuong Joint Stock Corp. on Thursday, 9 January, signed a strategic cooperation agreement with local automotive manufacturer Thaco Group, local media reported.
Under the deal, Thaco, via its agricultural arm Thadi, will buy a 35 percent stake in Hung Vuong, which is struggling with losses and debts. The value of the purchase was not provided.
Thadi will participate in the board of management… Read More
Once again, Vietnam has failed to deliver on its seafood export value goal, as sales of key commodities including shrimp and pangasius, were lower than previously expected in 2019.
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the country exported seafood worth USD 8.6 billion (EUR 7.7 billion) in 2019, down 2.2 percent year-on-year, and much lower than previous goal of USD 10.5 billion (EUR 9.4… Read More
Tensions are flaring on the waters of the South China Sea as a sovereignty dispute between Indonesia and China heats up.
Tension between the two countries rose following a series of naval maneuvers by the Chinese coast guard and Chinese fishing vessels in the waters off the coast of the disputed northern islands of Natuna, The Jakarta Post reported 5 January. The islands are located between the Malaysian peninsula and Kalimantan, the… Read More
The House Committee on Aquaculture and Fisheries Resources of the Philippines has passed a bill aiming to improve, rehabilitate, and modernize a major fishing port in five years, The Manila Bulletin reported in December.
The Navotas Fish Port Complex (NFPC) in Metro Manila is the premier fish center of the Philippines and one of the largest in Southeast Asia. It is under the purview of the Philippine Fisheries Development Authority (PFDA),… Read More
The Food and Agriculture Organization (FAO) has assisted farmers in producing low-cost feed for pangasius aquaculture in Indonesia, Antara reported 23 December.
In a pilot project, the FAO collaborated with Indonesia’s Ministry of Maritime Affairs and Fisheries to help local farmers in South Sumatra produce the feed, which is made of silage and palm karnel milk. The feed has the same quality with products made by factories.
The project,… Read More
Vietnam’s leading pangasius exporter, Vinh Hoan, saw its month-on-month export value increase for the third month in a row in November, thanks to rising demand ahead of seasonal holidays, the company said in its November update.
Vinh Hoan exported pangasius worth USD 33 million (EUR 29.8 million) in November, surging 17.9 percent from USD 28 million (EUR 25.2 million) in October. The export value in November, however, was still 18.2… Read More