Proceedings of the International Conference on Emerging Challenges: Sustainable Strategies in the Data-driven Economy (ICECH 2024)

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The Impact Of The Iuu Yellow Card On Vietnam’s Tuna Exports To The Eu Market

Authors
Nguyen Thi Thoan1, 2, Nghiem Xuan Hoa1, Hoang Thi Hang3, Than Mai Phuong4, Pham Thanh Son1, *
1Faculty of Economics and Management, International School, Vietnam National University, Hanoi, Vietnam
2Vietnam Institute for Economic and Policy Research, Vietnam National University, Hanoi, Vietnam
3Faculty of Development Economics, University of Economics and Business, Vietnam National University, Hanoi, Vietnam
4Commission for External Relations of the Central Committee of the Communist Party of Viet Nam & Institute of Economics, Ho Chi Minh National Academy of Politics, Ho Chi Minh City, Vietnam
*Corresponding author. Email: sonpt@vnuis.edu.vn
Corresponding Author
Pham Thanh Son
Available Online 30 April 2025.
DOI
10.2991/978-94-6463-694-9_8How to use a DOI?
Keywords
IUU; yellow card; tuna; Vietnam; EU
Abstract

Research purpose:

This research aims to examine the impact of the IUU (Illegal, Unreported, and Unregulated) yellow card issued by the European Union on Vietnam’s tuna exports to the EU market.

Research motivation:

The motivation behind this study stems from the significant economic implications of the IUU yellow card for Vietnam, a major exporter of tuna. With the EU being a crucial market for Vietnamese seafood, understanding the consequences of the yellow card on tuna exports is essential for assessing the economic impact on exporters and the industry’s adaptability. This insight is vital for policymakers and industry stakeholders aiming to address compliance issues and restore market access.

Research design, approach and method:

This study utilizes the gravity model of to examine the fluctuations in the export value of tuna, swordfish, sharks, and rays amidst the context of the European Commission’s (EC) issuance of the IUU yellow card warning to Vietnam’s seafood sector.

Main findings:

The research demonstrates the overwhelming negative impact of COVID-19, which outweighed the expected benefits of the EU-Vietnam Free Trade Agreement (EVFTA) on Vietnam’s exports. Simultaneously, the yellow card warning from the EC against Vietnam’s seafood industry has had a strong negative impact on the export of tuna, swordfish, sharks, and rays to the EU (27), highlighting the urgent need to remove the IUU yellow card for Vietnam’s seafood industry.

Practical/managerial implications:

Policy makers and industry leaders in Vietnam should make efforts to lift the IUU yellow card to minimize its negative impact on trade and restore market access. To achieve this, it is essential to strengthen compliance with IUU regulations, improve monitoring and control systems, and enhance transparency in fishing practices.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Emerging Challenges: Sustainable Strategies in the Data-driven Economy (ICECH 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
30 April 2025
ISBN
978-94-6463-694-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-694-9_8How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Nguyen Thi Thoan
AU  - Nghiem Xuan Hoa
AU  - Hoang Thi Hang
AU  - Than Mai Phuong
AU  - Pham Thanh Son
PY  - 2025
DA  - 2025/04/30
TI  - The Impact Of The Iuu Yellow Card On Vietnam’s Tuna Exports To The Eu Market
BT  - Proceedings of the International Conference on Emerging Challenges: Sustainable Strategies in the Data-driven Economy (ICECH 2024)
PB  - Atlantis Press
SP  - 121
EP  - 129
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-694-9_8
DO  - 10.2991/978-94-6463-694-9_8
ID  - Thoan2025
ER  -