Minh Phu Seafood Corp to reach US$330 million in 2011

(vasep.com.vn) Until the end of

Currently,  the  U.S.  is  still  the  most  important  market  of  the  company with 8,000 MT of import volume, valued US$109.6 million. Japan is the 2nd importer  with  US$61  million,  followed  by  the  EU  (US$39.7  million),  South Korea (US$37.3 million) and Canada (US$8.9 million).

According to Mr. Diep, this year Minh Phu Seafood Corp failed to reach its profit target of more than VND600 billion set in the company’s General Meeting of Stakeholders because of low production of Minh Phu – Hau Giang shrimp processing plant and shrimp farming area in Vung Tau province. Additionally, it was dealing with spike of all input costs and high bank loan rate.

In 2011, Minh Phu Seafood Corp expected to generate US$330 million of export  value,  bringing  a  post-tax  profit  of  VND400  billion.  The  company  is aiming  to  provide  products  for  the  year’s  end  holidays  by  boosting  farming and  assures  the  operation  of  its  large-scale  processing  plant  in  Hau  Giang province.

Over the last three years, the company remains the most effective shrimp company in Vietnam. So far, it occupies the leading position among seafood exporters in terms of value.

Minh Phu Seafood Corp

Mr. Le Van Quang        

General Director

Add: Industrial Zone Ward 8,

Ca Mau City, Ca Mau Province

Tel: +84 780 3838262

Fax: +84 780 3833119

Email: minhphu@minhphu.com.vn

Web: www.minhphu.com


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  • SPECIALIST ON SHRIMP MARKET

Ms Kim Thu

Email: kimthu@vasep.com.vn

Tel: 84.24.3771.5055 (ext 203)

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