More challenges to Vietnam seafood exporters

European market is testing the certification of reported and controlled wild-caught fish under the Agreement on Technical Barriers to Trade (TBT). The U.S. is applying Food Safety Modernization Act (FSMA) under Sanitary and Phytosanitary Standards (SPS), TBT and Farm Bill under SPS.

Additionally, the U.S. continues its anti-dumping lawsuits against Vietnam pangasius. Apart from major markets, some regional countries such as Indonesia and Malaysia are also putting anti-dumping pressures on seafood imported by the countries.

These barriers have been causing great losses to Vietnam seafood exporters as well as fisheries industry. To raise the competitiveness in overseas markets, Vietnam exporters should focus on their product quality instead of pricing strategies.