The State should have policies to encourage the import of seafood materials for export processing because processing factories lack raw materials, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

In an official dispatch sent to the Ministry of Planning and Investment, VASEP said that after 12 fuel price increases since the beginning of the year, 40-50 per cent of fishing vessels have now stopped operation.

Meanwhile, businesses all have the need to expand aquaculture regions, which provide 70 per cent of raw materials for export processing, to increase the supply of the material.

However, at present, localities are urbanising, so change in land planning for production is a challenge for seafood enterprises and farmers.

These cause the input materials for processing plants to decrease by 70-80 per cent compared to before.

Therefore, based on the Fisheries Development Strategy to 2030 approved by the Prime Minister in 2021, VASEP has proposed the Government to issue regulations and policies to encourage the import of aquatic materials for processing export products.

This will help Việt Nam achieve the goal of becoming one of the largest seafood processors in the world.

In the past 10 years, the import of clean and legal raw materials to Việt Nam surged to meet increasing demand on seafood from the global market, according to VASEP.

VASEP said that the policies on encouraging the import of aquatic materials for processing export products are still lacking, and the procedures for the import still have many obstacles.