Seafood exports face problems ahead due to EC’s IUU fishing warning
In 2017, the EC issued a yellow card warning to Vietnam last year, after the country failed to demonstrate sufficient progress in the fight against IUU fishing worldwide. While the measure was only considered a warning, which should not technically affect the EC’s trade policy, the Vietnamese fishing industry was concerned that the yellow card would seriously harm the reputation of Vietnamese seafood worldwide, and thus weakening sales.