GOVERNING THE ENVIRONMENTAL AND SOCIAL DIMENSIONS OF PANGASIUS PRODUCTION IN VIETNAM: A REVIEW∗

Abstract

The Vietnamese government's policies for an export-led economy have supported the rapid growth of Pangasius production but have had limited success in mitigating the environmental and social impacts stemming from unplanned and ad hoc expansion. Recognising the poor performance of state regulation the industry and government have turned to private or market-based environmental and social standards for Pangasius production. The success of these private governance arrangements is dependent on the capacity of producers to comply with standards within their wider environmental, social, cultural and economic context. This paper reviews current concerns over the sustainability of Pangasius production and draws attention to the challenges private governance initiatives face in steering towards sustainable production.