(vasep.com.vn) Gepimex 404 saw stable sales of surimi products to South Korea in the first five month of 2012. The company shipped to this market 1,400 MT of surimi and earned the total of US$2.33 million.

(vasep.com.vn) In the first half of 2012, Minh Phu Seafood Corporation exported more than 14,979 MT of shrimp products to earn total revenue of US$179 million, up 33.8 percent in volume and 33.3 percent in value compared to the same period last year.

(vasep.com.vn) According to Vietnam Ministry of Agriculture and Rural Development (MARD), through June 2012, although seafood shipment was boosted to over US$2.9 billion, a huge range of seafood enterprises are struggling with challenges in business.

(vasep.com.vn) International Development and Investment Corporation (IDI Corp) said that it was researching U.S. market trend in order to find a way to put its refined oil from pangasius in this market. The company is affiliated by Sao Mai Corporation.

(vasep.com.vn) In the first two quarters of 2012, Godaco Seafood Joint Stock Company (Godaco) sent abroad nearly 7,500 MT of finished products and earned total amount of US$20 million, up 7 percent in volume and 8 percent in value compared to the same period last year. Pangasius was the main export item with 60 percent proportion; the rest was clam and other seafood products.

(vasep.com.vn) In May 2012, International Development and Investment Corporation (IDI Corp) started to develop its seafood export to some markets in America. The continent is regarded as potential destination for the company’s seafood products in 2012.

(vasep.com.vn) This year, Hai Nam Co., Ltd welcomed a range of domestic visitors to its display booth at VIETFISH 2012. Generally, Ho Chi Minh City-based firm saw fewer visitors than last year, especially those from the EU; however, its partners to the exhibition did not decrease.

(vasep.com.vn) Camau Frozen Seafood Processing Import Export Corporation (CAMIMEX) presents its main shrimp products like organic shrimp, whiteleg shrimp and value-added shrimp products at VIETFISH 2012. This year, Camimex is platinum sponsor of VIETFISH 2012.

(vasep.com.vn) Since 18th May 2012, Japan started to test 30 percent of shrimp consignments from Vietnam for detecting Ethoxyquin. The new rule will negatively affect export operation of Vietnam Clean Seafood Corporation (Vina Cleanfood) to this market. In 2011, Japan accounted for 55 percent of the company’s earnings from exports, the result dropped to 30 percent this year.

(vasep.com.vn) Shrimp companies are being affected as shrimp production in Mekong Delta got severe damage due to disease. Lower shrimp supply makes raw material prices much higher than those in global market, according Sao Ta Foods Joint Stock Company (Fimex VN).

(vasep.com.vn) In 2012, the world is on the way out of economic crisis and consumers continue to spend more for food. This is a good chance for Vietnam seafood in global market, according to Utxi Aquatic Product Processing Corporation (Utxico).

(vasep.com.vn) Currently, Cadovimex is struggling with serious lack of capital for operation while the company had to face other difficulties like backward production, tightened credit, quiet consumer markets, persistent losses… To get out of current business difficulties, in 2012, Cadovimex’s leaders set out some solutions.

(vasep.com.vn) In the first quarter of 2012, Saota Foods Joint Stock Company (Fimex VN) reported drop in post-tax profit compared to the same period of 2011, according to Ho Quoc Luc, General Director of Fimex VN.

(vasep.com.vn) Camau Frozen Seafood Processing Import Export Corporation will invest in three projects in 2012. The objective is to strengthen production of value-added products; developing the firm’s processing plant No.4; upgrade shrimp seed breading farm in Nam Can; and expand shrimp farming area in Kien Giang province.

(vasep.com.vn) In 2011, Minh Phu Seafood Corporation (Minh Phu Seafood Corp) shipped abroad 30.5 thousand MT of finished shrimp products for nearly US$335 million and accounted for 15.56 percent of Vietnam’s total revenue from shrimp export. Its affiliate, Minh Phu Hau Giang Seafood Seed Processing Co., Ltd, which run in line since July 2011, has processed about 4,500 thousand MT of finished products with 3,500 labours.