Indonesia licenses certificates of lobster cultivation for three Vietnamese companies

July 25, 2024 - 11:57

Three out of the five Vietnamese businesses, which have formed limited liability companies in Indonesia, have been verified and received certificates of lobster cultivation from the Directorate General of Aquaculture, according to Indonesia’s Ministry of Maritime Affairs and Fisheries.

Three out of the five Vietnamese businesses have been verified and received certificates of lobster cultivation from Indonesia. Photo vasep.com.vn

JAKARTA — Three out of the five Vietnamese businesses, which have formed limited liability companies in Indonesia, have been verified and received certificates of lobster cultivation from the Directorate General of Aquaculture, according to Indonesia’s Ministry of Maritime Affairs and Fisheries.

The two remainders are still in the process of re-submitting verification regarding lobster cultivation activities, said Director General of Capture Fisheries Tb. Haeru Rahayu.

Previously, Tempo magazine reported that the five companies were Aquagreen Trading Company Limited, Phú Gia Long Trading Joint Stock Company, Ichika Joint Stock Company, The Global Trading Company Limited, and New World Seafood Trading Import Export Aquaculture Company Limited.

They formed five limited liability companies in Indonesia, namely PT Mutagreen Aquaculture International, PT Ratuworld Aquaculture International, PT Gajaya Aquaculture International, PT Idovin Aquaculture International, and PT Idichi Aquaculture International.

Of the five companies, only three have obtained permits for overseas cultivation and export. The three companies are Mutagreen Aquaculture International, Ratuworld Aquaculture International, and Gajaya Aquaculture International.

Furthermore, Haeru did not explain how much lobster quota would be cultivated by the permitted companies. However, he explained that determining the clear lobster seed quota must refer to the Decree of the Minister of Maritime Affairs and Fisheries Number 28 of 2024. — VNS

MM Mega Market recognised among the 'Top 100 Best Places to Work in Việt Nam 2024'

Economy

Green lifestyle changes drive people towards ethanol fuel

Economy

World Bank outlines path for Việt Nam to reach high income status

Economy

Việt Nam vows to create favourable conditions for Korean investors

Economy

Aeon Mall to be built in Cần Thơ City

Economy

Cyberattack risks surge with AI advancements

More on this story

Economy

SSC drafts regulations to boost market upgrade

Regarding information disclosure, the draft circular stipulates that the language for information disclosure in the securities market shall be Vietnamese. Listed organisations, public companies, stock exchanges and the VSDC are required to disclose information simultaneously in both Vietnamese and English.

Economy

Fruit and vegetable exports expected to set a new record

Fruit and vegetable exports are expected to reach $7 billion, marking the outstanding development of the country's agricultural industry.

Economy

Big wave of CEO departures despite economic recovery

Numerous chief executives of publicly listed companies have resigned this year despite an ongoing economic recovery, according to recent data released on Tuesday.

Economy

Hà Nội promotes farm produce exports

The markets to which Hà Nội exports agricultural products all require high quality, food hygiene and safety standards.

Economy

MoIT promotes operation of new industrial production projects

The ministry said it will continue to effectively implement supportive policies for enterprises approved by the Government to remove difficulties and obstacles in production and business activities.

Economy

Social housing credit package to be made more preferential to increase disbursement

Statistics of the State Bank of Việt Nam’s Credit Department showed that to date, VNĐ1.344 trillion from the social housing credit package has been disbursed, 96.4 per cent of which was provided to project’s developers, while just a modest sum of VNĐ4.9 billion was provided to home buyers.

Economy

Land Law 2024 set to revolutionise agricultural real estate market

The Land Law 2024, effective from August 1, will bring significant and transformative legal changes to the agricultural real estate market. Phạm Thanh Tuấn, a real estate legal expert from the Hà Nội Bar Association spoke to Tin tức (News) newspaper about what changes are coming.

Economy

Ministry proposal to slap new tax on tobacco comes under fire

The Ministry of Finance has proposed a bill to levy a new fixed tax on cigarettes in addition to the current excise tax of 75 per cent as the Government seeks to reduce consumption, but it has divided opinions.

Economy

Deputy PM asks ministries to remove difficulties of fisheries industry

According to recommendations from the Việt Nam Association of Seafood Exporters and Producers (VASEP), the fishing industry faces many difficulties including unreasonable regulation on ceiling interest costs during calculating income tax, unreasonable delays in getting fishing certifications and problems with the minimum size set for the tuna they are allowed to land.