(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.

(vasep.com.vn) On 20th April 2012, Hung Vuong Corporation held the 2012 General Meeting of Shareholders in Ho Chi Minh City.

(vasep.com.vn) In late March 2012, Soc Trang Seafood Joint Stock Company (Stapimex) has released its business report in 2011. In the previous year, the company sent abroad 11.5 thousand MT of shrimp products for a total of US$99.3 million, gaining VND25.6 billion of profit before tax.

(VASEPNews) Thuan Phuoc Seafoods and Trading Corporation (Thuan Phuoc Corp) has held the Labours’ Representatives Conference on 29 March 2012. At the conference, the firm announced its 2011 business results and outlined new orientations on production and trading in 2012.

(VASEPNews) Currently, commercial banks in Vietnam are limiting credit for companies, according to Nam Can Seaproducts Import-Export Joint Stock Company (SEANAMICO).

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