In the first six months of 2010, Minh Phu exported more than 7,600MT of shrimp, valued at US$79 million, up 38.36 percent in volume and 35.41 percent in value over the same period of 2009. The U.S. is the largest importer, accounting for 48.4 percent of the total export value, followed by Japan, South Korea, and EU.
In order to stabilize raw material supply, the Corp. has established the Minh Phu Organic Shrimp Farming Co.,Ltd with a charter capital of VND20 billion.
In the short term, the new company will farm shrimp in an area of 318ha in compliance with the clean, friendly, and sustainable shrimp farming process in order to maintain environment balance. So far, the shrimp output of the company has obtained international standards, and assured not being contaminated by any chemical or antibiotics.
Recently, in the final result of the 4th administrative review by US DOC over anti-dumping of imported Vietnamese frozen shrimp in the period from February 01, 2008 to January 31, 2009, Minh Phu is imposed an import rate of 2.96 percent, lower than 3.27 percent as in the preliminary review.
Minh Phu Corp
Mr. Le Van Quang – General Director
Add: Industrial Zone Ward 8,
Ca Mau City, Ca Mau Province
Tel: +84 780 3838262/ 3839391
Fax: +84 780 3833119
E.mail: minhphu@minhphu.com.vn
Web: www.minhphu.com
(VietFishNews)