On December 27, Vinh Hoan Corporation celebrated its 25th anniversary (1997 - 2022) with the attendance of Mr. Le Quoc Phong- Secretary of Dong Thap Provincial Party Committee, Mr. Pham Thien Nghia - Chairman of Dong Thap Provincial People's Committee and leaders of An Giang Provincial People's Committee.
Vinh Hoan Corporation, formerly known as Vinh Hoan Co.,Ltd, was established on December 27, 1997, with an initial capital of 300 million VND, the first 5 customers and 70 workers. Over the past 25 years, Vinh Hoan has constantly grown, leading the province's catfish industry and is the leading pangasius exporting company in Vietnam (according to VASEP's statistics). The company has created jobs for more than 10,000 employees; annual contribution to the provincial budget nearly 200 billion; actively and effectively participate in social security activities.
Vinh Hoan currently has a farming area of over 750 hectares, with a system of 6 processing factories, consuming more than 1,000 tons of raw fish per day. Vinh Hoan's products with an ever-expanding value chain, high quality and diversity have been exported to 50 countries, conquering many highly demanding markets such as the US, Europe, Japan.
With these achievements, in 2021, the Government awarded the Emulation Flag to Vinh Hoan Corporation as an excellent unit in the emulation movement. Chairman of the People's Committee of Dong Thap province presented Certificates of Merit to 8 groups of the Company to honor their contributions to the local socio-economic development. In 2022, Ms. Truong Thi Le Khanh - Founder and Chairman of the Board of Directors of Vinh Hoan Corporation was awarded the title of ASEAN women Entrepreneur.
Secretary of the Provincial Party Committee Le Quoc Phong recognized and appreciated the achievements of Vinh Hoan Corporation in the past 25 years, making effective contributions not only to the pangasius industry, the province's key product. Vinh Hoan plays an important role in leading the development of enterprises in the province, representing the spirit of overcoming difficulties, perseverance and creativity of entrepreneurs and businesses.
Speaking at the ceremony, Mr. Le Quoc Phong emphasized that, among Vinh Hoan's achievements in recent years, the provincial leaders appreciated the contribution of Ms. Truong Thi Le Khanh - the founder and executive director of Vinh Hoan. Ms. Truong Thi Le Khanh has led Vinh Hoan since the early days of its establishment, went from hardship to today to become a strong brand, one of the big enterprises of the province and Vietnam.
On this occasion, Vinh Hoan Corporation awarded 80 houses under the Vinh Hoan Shelter program to Dong Thap province, 1 billion VND to Dong Thap General Hospital, 1 billion VND to Nguyen Sinh Sac Study Promotion Fund and 1 billion VND for the Dong Thap Association for the Protection of People with Disabilities, Victims of Agent Orange/Dioxin and the Poor Patients.
Compiled by Thuy Linh
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam's tuna exports in October reached nearly $93 million, marking a 22% increase compared to the same period in 2023. In the first ten months of 2024, the total export value exceeded $821 million, up 18% compared to the same period last year.
(seafood.vasep.com.vn) According to Vietnam Customs data, pangasius exports to the EU reached USD 7 million in the first half of October 2024, marking a 27% year-on-year increase. As of October 15, 2024, cumulative exports to the EU totaled over USD 134 million, reflecting a slight 0.01% decrease compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, pangasius export revenue in October 2024 reached nearly $202 million, a 17% increase compared to October 2023. The cumulative export value for the first ten months of the year totaled $1.7 billion, marking a 9% year-on-year increase.
(seafood.vasep.com.vn) Vietnam's exports of crabs and other crustaceans continued to see high growth in September 2024, with a 54% increase compared to the same period in 2023. In the first nine months of the year, exports of crabs and other crustaceans reached over USD 228 million, a 67% increase year-over-year.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached $394 million in October 2024, up 24%. In the first ten months of this year, shrimp exports brought in $3.2 billion, up 13% compared to the same period last year. Exports to all major markets recorded double-digit growth in October.
International Development and Investment Corporation (IDI), a key member of the Sao Mai Group, has consistently ranked among the largest seafood producers and exporters in Vietnam.
(seafood.vasep.com.vn) In recent years, the US has consistently been Vietnam’s largest seafood export market. Over the past five years, seafood export turnover to the US has ranged from 1.5 billion USD to 2.1 billion USD anually. Despite facing strict protective policies such as anti-dumping and countervailing duties, U.S. market demand remains high, and the quality of Vietnamese seafood continues to improve, helping to maintain and expand its position in this market.
(seafood.vasep .com.vn) The return of Donald Trump to the White House for a second term will bring significant impacts on Vietnam, particularly its pangasius export sector. Trump's economic policies, such as raising import tariffs, reducing corporate income taxes, and attracting foreign direct investment (FDI) back to the US, are expected to directly influence various industries in Vietnam.
(seafood.vasep.com.vn) The UAE ranked 16th among importers of Vietnamese shrimp from 2018 to 2022, accounting for approximately 0.5% of Vietnam's total shrimp export value. Annually, Vietnam exported around US$20 million worth of shrimp to this market.
(seafood.vasep.com.vn) The company also announced that its farms are well-prepared and will begin stocking in mid-November when the weather conditions are favorable.
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