SUPA Youreverydayfish VietFish
Phu Minh Hung Seafood Jostoco predicts short raw shrimp supply in 2012
January 10, 2012, 02:14 AM

(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.


Mr. Dang Ngoc Son    


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

Đinh Hà
Other news
Vietnam's exports of bivalve molluscs decreased slightly (22/09/2020) Singapore - bright spot in VN's pangasius exports to ASEAN (21/09/2020) MADAM TRUONG THI LE KHANH – CHAIRWOMAN OF VINH HOAN CORP NAMED AMONG FORBES ASIA’S TOP 25 POWER BUSINESSWOMEN IN 2020 (17/09/2020)
Back to top
Specialist on Shrimp market
Ms Kim Thu
Tel: 84.24.3771.5055 (ext 203)
Portal of Vietnam Association of Seafood Exporters and Producers (VASEP)
Head office in HCM city: No 7, Nguyen Quy Canh Road, An Phu Ward, District 2, Ho Chi Minh City, Vietnam
Tel: (+84 28) 62810430 / Fax: (+84 28) 62810437 - Email: vasephcmcity@vasep.com.vn
Rep. office in Ha Noi: 10 Nguyen Cong Hoan Street, Ngoc Khanh Ward, Ba Dinh District, Ha Noi City, Vietnam
Tel: (+84 24) 37715055 / 37715318 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn
In charge of content: Nguyen Hoai Nam (Mr) – Deputy General Secretary of VASEP
Managing Editor: Phung Thi Kim Thu (Ms.) Tel: (+84 24) 37715055 (ext: 203)
Email: kimthu@vasep.com.vn