Aquatic product exports are facing inventory challenges due to certificate issues

VCN - Hundreds of seafood containers from the company are stockpiled and unable to be exported due to complications in obtaining the required certificates (H/C) accompanying the seafood shipments imported into Vietnam for processing and subsequent export to the EU.
Export of agro-forestry-aquatic products down 9.5% in eight months Export of agro-forestry-aquatic products down 9.5% in eight months
Aquatic product exports see slight increase in September Aquatic product exports see slight increase in September
The violation of the quality of exported aquatic products shows signs of an increase The violation of the quality of exported aquatic products shows signs of an increase
The seafood business relies heavily on imported raw materials. Photo: T.H
The seafood business relies heavily on imported raw materials. Photo: T.H

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), regarding the implementation of seafood export requirements to the EU market, VASEP has recently received feedback from some seafood businesses regarding the challenges in complying with Document 629/CCPT-ATTP dated August 17, 2023, issued by the National Agro-Forestry-Fisheries Quality Assurance Department (NAFIQPM) - Ministry of Agriculture and Rural Development.

In Document 629, NAFIQPM introduces new requirements regarding the certification content in the Health Certificate (H/C) accompanying seafood shipments imported into Vietnam for processing and subsequent export to the EU.

According to businesses importing raw materials for processing and exporting to the EU, the requirements outlined in Document 629 are not compatible with many good international practices, making them impractical. This has led to restrictions on various seafood raw material imports into Vietnam and has caused bottlenecks in the processing and export activities to the EU for affected businesses.

As of now, companies in this group are facing the issue of stockpiling hundreds of containers that cannot be exported because the Regional Centers of NAFIQPM have not been able to issue the required H/C for export, as the imported raw material batches do not meet the stipulations of Document 629 mentioned above.

In the group of containers currently unable to be exported, there are both batches of raw materials that were imported and completed before August 17, 2023 (the issuance date of Document 629) and batches of raw materials still in the process of export. Thus, Document 629 effectively adjusts decisions on requirements, documentation, and procedures in the business operations of enterprises, even though this document is not legally binding.

Businesses believe that very few countries have responded by agreeing to issue Health Certificates (H/C) for seafood shipments to Vietnam in accordance with the requirements of Document 629—except for the condition that the raw materials must be imported into that country by a legal entity, and then re-exported to Vietnamese businesses.

As a result, the qualified raw materials for processing and exporting to the EU are running low. Meanwhile, a significant amount of raw materials had been imported into Vietnam before the issuance of Document 629, and currently, processed products from these batches cannot be exported to the EU because businesses cannot obtain the required certificates as per Document 629.

Imported raw materials from Europe and the Americas often take 40-50 days to arrive. When Document 629 was issued, these imported materials were on their way, and they could not comply with the new regulations. Meanwhile, other countries do not have strict regulations on H/C like Vietnam, so the imported raw material sources will shift to these countries, making it even more challenging for Vietnam to find raw material sources for export. This will lead to many businesses losing their sources, orders, and customers, and Vietnam's seafood export turnover to the EU will significantly decline in the future.

To alleviate the difficulties for businesses, VASEP recommends that NAFIQPM review and amend Document 629 to establish minimal requirements to meet the goal of managing goods into the EU without restricting many good product lines from overseas that meet the requirements of the European Commission. This aims to maintain legal production and business activities from imported raw materials and not to lose Vietnam's market share in the seafood industry.

In the context of a highly challenging competitive market and based on the suggested review and amendments, VASEP proposes that NAFIQPM consider expediting the export procedures for batches that have not been issued H/C in the past two months, for which businesses have completed all export documents except for the H/C, as outlined in Document 629.

By Le Thu/ Phuong Thao

Related News

Request for price management and stabilization, avoiding unusual fluctuations during Tet 2025

Request for price management and stabilization, avoiding unusual fluctuations during Tet 2025

VCN - Minister of Finance Nguyen Van Thang has just signed and issued Directive No. 05/CT-BTC on strengthening the price management, operation and stabilization during the Lunar New Year 2025.
Six export commodity groups see billion-dollar growth

Six export commodity groups see billion-dollar growth

From the beginning of the year to December 15, there were six key export commodity groups with an increase in turnover of US$1 billion or more, according to the latest statistics of the General Department of Customs.
Ho Chi Minh City: Diversifying forms of support for businesses exporting goods

Ho Chi Minh City: Diversifying forms of support for businesses exporting goods

VCN - To help businesses increase their exports, Ho Chi Minh City has many forms of support and connection between businesses and foreign partners to expand their markets.
Automobile localization: rapid development from internal strength

Automobile localization: rapid development from internal strength

VCN - Enjoying many investment incentives for many years, FDI enterprises have failed to fulfill their commitments on the localization rate in automobile production. It was thought that Vietnam would not have an automobile manufacturing industry, depending on imports and stopping at assembly. However, in a short time, with their internal strength, determination and mettle, domestic enterprises have initially affirmed their role and position in the automobile market, with strong development in both quantity and quality.

Latest News

Việt Nam set to become regional manufacturing tech hub this year

Việt Nam set to become regional manufacturing tech hub this year

Global tech giants have expressed interest in expanding operations in Việt Nam this year, making the country an important part of the global technology world.
Computers, electronics and components lead imports in 2024

Computers, electronics and components lead imports in 2024

Most of them came from China, accounting for 32.3 per cent of the total import turnover by November 2024.
Hardware and electronics exports rebound

Hardware and electronics exports rebound

In 2023, Việt Nam’s hardware and electronics exports reached $113.3 billion, a sharp 15.1 per cent decline from $133.6 billion in 2022. However, 2024 has witnessed a robust rebound, with export revenue surging by nearly 16.8 per cent.
Imported automobiles show a declining trend in early December

Imported automobiles show a declining trend in early December

VCN - The volume of completely built-up (CBU) automobiles imported into Vietnam witnessed a sharp decline in the first half of December 2024, according to preliminary statistics released by the General Department of Vietnam Customs​

More News

Footwear industry set to gain $27 billion in export this year

Footwear industry set to gain $27 billion in export this year

Việt Nam’s footwear and leather industry is poised to achieve US$26-27 billion in export in 2024, marking a $3 billion increase from the previous year, as they country has well capitalised on the signed free trade agreements to bolster shipment, according to the Vietnam Leather, Footwear and Handbag Association (Lefaso).
Rice export sets new record in 2024, but 2025 expected to be tough

Rice export sets new record in 2024, but 2025 expected to be tough

Rice exports set new records in both volume and value in 2024, but a difficult year ahead is on the cards for producers as India resumes export.
Lower steel export forces businesses to eye domestic market

Lower steel export forces businesses to eye domestic market

Exports of HRC steel in November continued to be gloomy, so the steel companies must pivot back the domestic market to increase consumption.
Industrial production maintains rapid and throughout bounceback

Industrial production maintains rapid and throughout bounceback

VCN - The industrial production index in 11 months continued to recover rapidly and increase steadily in 60/63 provinces and cities, which is a good signal for the economy.
Sustainable Green Development: New Driving Force for the Retail Industry

Sustainable Green Development: New Driving Force for the Retail Industry

VCN - The trend of sustainable development and circular economy opens up opportunities for the retail industry to modernize its business model, green the supply chain and promote the consumption of environmentally friendly products.
The Middle East: a promising seafood export market for Vietnam

The Middle East: a promising seafood export market for Vietnam

VCN - Seafood exports to the Middle East experienced double-digit growth in 2024, placing the region among the top two fastest-growing seafood import markets, second only to China.
Increasing consumption demand, steel enterprises have many opportunities

Increasing consumption demand, steel enterprises have many opportunities

VCN - Vietnam’s steel industry is benefiting from growing domestic and export demand for steel. However, moving into 2025, the industry still faces many challenges.
Sustainable opportunities for Vietnamese goods to penetrate the global market

Sustainable opportunities for Vietnamese goods to penetrate the global market

VCN - The EU market is increasingly setting stronger green standards for imported goods. This not only creates great challenges but also opens up new opportunities for Vietnamese businesses if they know how to transform. So what should businesses do to adapt and take advantage of this opportunity? Vice President of the European Chamber of Commerce in Vietnam (EuroCham) Nguyen Hai Minh (photo) said that to take advantage of this opportunity, businesses need to constantly innovate, update information, improve green production capacity and closely coordinate with management agencies as well as international partners.
Top brands in Việt Nam in 2024 revealled

Top brands in Việt Nam in 2024 revealled

Shopee dethroned Samsung, which held the number one spot for three consecutive years, marking a turning point in Việt Nam’s e-commerce landscape.
Read More

Your care

Latest Most read
Việt Nam set to become regional manufacturing tech hub this year

Việt Nam set to become regional manufacturing tech hub this year

Global tech giants have expressed interest in expanding operations in Việt Nam this year, making the country an important part of the global technology world.
Computers, electronics and components lead imports in 2024

Computers, electronics and components lead imports in 2024

Most of them came from China, accounting for 32.3 per cent of the total import turnover by November 2024.
Hardware and electronics exports rebound

Hardware and electronics exports rebound

In 2023, Việt Nam’s hardware and electronics exports reached $113.3 billion, a sharp 15.1 per cent decline from $133.6 billion in 2022. However, 2024 has witnessed a robust rebound, with export revenue surging by nearly 16.8 per cent.
Imported automobiles show a declining trend in early December

Imported automobiles show a declining trend in early December

The volume of completely built-up (CBU) automobiles imported into Vietnam witnessed a sharp decline in the first half of December 2024
Footwear industry set to gain $27 billion in export this year

Footwear industry set to gain $27 billion in export this year

Việt Nam’s footwear and leather industry is poised to achieve US$26-27 billion in export in 2024, marking a $3 billion increase from the previous year, as they country has well capitalised on the signed free trade agreements to bolster shipment, according to the Vietnam Leather, Footwear and Handbag Association (Lefaso).
Mobile Version