(vasep.com.vn) In 2011 50 percent
In 2011, Phu Minh Hung Seafood Jostoco reached total export revenue of US$14 million, up 10 percent against that of last year. Whiteleg shrimp accounted for 90 percent of total value and Japan was the company’s main market with a proportion of 70 percent of total export volume.
Vietnam seafood companies still concern that the unpredictable weather in 2012 could get raw material uncertainty. However, they hope that the government will have policies on stabilizing economy, controlling inflation, reducing bank loan rate in order to help seafood companies access to credit easier and strengthen their export competitiveness.
Mr. Son said that in 2012, Phu Minh Hung Seafood Jostoco must double its raw material production for processing.
Since early 2012, the company will carry out measures to solve scrutiny of raw shrimp and lack of workers. Its strategy for 2012 is to focus on accelerating import of raw material in order to compensate the domestic lack; increasing production of value-added products; and stabilizing export structure.
PHU MINH HUNG SEAFOOD JOSTOCO
Mr. Dang Ngoc Son
Director
Add: Road No10, Quang Yen Town,
Yen Hung District, Quang Ninh Province
Tel: +84 33 3682188
Fax: +84 33 3681998
Email: pmh@phuminhhung.com
Web: www.phuminhhung.com