Vinh Hoan (VHC): Exports to the US increased sharply by 188% in May 2021

Vinh Hoan Joint Stock Company (VHC) has just announced business results in May 2021 with total revenue up 35% over the same period, reaching VND 743 billion. In which, the increase was mainly due to the growth in pangasius product lines (up 46%), by-products (up 51%) and also in value-added products.

In terms of markets, exports to the US recorded the strongest growth rate of 188% over the same period, exports to China decreased by 9% and other markets increased by 4%. In contrast, exports to the European market decreased by 22% over the same period.