(vasep.com.vn) On 10th October 2012, Cargill Vietnam Ltd (Cargill Vietnam) kicked off its new processing plant for aquatic feed in Hung Yen province. The processing chain costed US$4 million and was equipped with the state-of-the-art technologies. Currently, Cargill owns 4 feed processing plants in Vietnam with total production capacity of 200 thousand MT per year.

(vasep.com.vn) Mekong Fisheries Joint Stock Company (Mekongfish Co – HOSE code: AAM) announced its business report in the third quarter of 2012. The company’s net revenue totaled VND97.25 billion, while it earned VND170.6 billion in the previous year’s third quarter.

(vasep.com.vn) In the first nine months of 2012, Minh Phu Seafood Corp exported 23,034 MT of frozen shrimp in all products to earn US$268.627 million. The figures were up 22.56 percent in volume and 17.16 percent in value from the compatible time in 2011. Frozen shrimp trade in September 2012 went down from that reported in August 2012 in both volume and value.

(vasep.com.vn) In the first half of 2012, monthly export volume of TG Fishery Holdings Corporation (TG Corp) reached 600 – 650 MT of finished pangasius products. As of July 2012, the company sped up exporting and reached over 1,000 MT and export in August and September reached over 1,800 MT of finished pangasius products.

(vasep.com.vn) With nearly 70 exporting and processing companies in which their processing facilities are equipped modern equipments and controlled in accordance with HACCP, Vietnamese pangasius products are being exported to 145 countries and territories worldwide such as EU, the U.S., ASEAN, Canada, the Middle East, China, Japan, etc. Fish export volume and value to markets reported steady annual growth of 10 - 18 percent, worth by US$1.8 - 2 billion per year in two recent years.

(vasep.com.vn) In the first nine months of 2012, Trong Nhan Seafood Co., Ltd exported 1,782 MT of shrimp to the EU, South Korea, Australia, Japan to earn US$13.255 million, representing a rise from 1,694 MT and US$10.159 million of the same period of 2011.

(vasep.com.vn) In the first three quarters of 2012, SaoTa Foods Joint Stock Company (Fimex VN) processed and sold 4,692 MT of shrimp products, bringing total revenue of US$51 million. The figures were equal to 91.6 percent in volume and 83.6 percent in value compared to those of the corresponding time in 2011.

These hatcheries import shrimp broodstock from Hawaii and produce juveniles locally in supply for the aquaculture.

(vasep.com.vn) In 2012, Vinafish Import Export Corporation (Vinafish Corp) targets to gain US$15 million from pangasius sales abroad. In the first three quarters of the year, the company totaled nearly US$10 million of revenue; so it needs to speed up exporting panga in the last three months of the year and earn further US$5 million to reach the yearly target.

(vasep.com.vn) The article “Asian Seafood Raised on Pig Feces Approved for U.S. Consumers” may mislead shrimp customers about Vietnam shrimp industry

(vasep.com.vn) Lack of capital for producing, processing to export, low demand in EU market, barrier of Ethoxyquin testing in Japan and hiking input cost strongly affected to fisheries production and exports in the Q.III/2012. The decline in shrimp and pangasius exports in consecutive three months led to total seafood export turnover of US$1.62 billion in the 3rd quarter, up only 3.4 percent over that of the 2nd quarter and down 5.3 percent over the compatible quarter of 2011.

(vasep.com.vn) In August 2012, Gepimex 404 Company (Gepimex 404) exported 591 MT of seafood products for US$1.19 million, boosting its total sales abroad in the first eight months of 2012 to 4,776 MT and US$10.094 million.

(vasep.com.vn) European Directorate General for Health and Consumers has officially recognized additional 23 Vietnam seafood companies to export their products to the region.

(vasep.com.vn) In the third quarter of 2012, Ben Tre Aquaproduct Im-Ex Joint Stock Company (Aquatex Ben Tre – HOSE code: ABT) gained VND21.7 billion of post-tax profit, up 21 percent compared to the compatible quarter of 2011. The company’s cumulative profit was VND74.4 billion between January and September 2012, reporting a slight slide from the same time of last year.

(vasep.com.vn) At mid October 2012, in Tien Giang province, Cargill Vietnam Ltd in coordination with Tien Giang Sub-Department of Aquaculture held a seminar “transferring techniques in shrimp farming” for 100 shrimp farmers from the provinces (Tien Giang, Ben Tre, Bac Lieu, Soc Trang, Ca Mau).