Mr. Le Van Quang, General Director of Minh Phu Seafood Corporation - the project investor, said that the scale of the project chain includes: Minh Phu seafood processing factory, with a designed capacity of 19,000 tons/ per year on the construction land area of more than 29,800 m2; Minh Phat seafood processing factory with a designed capacity of 19 thousand tons/year on a construction land area of more than 29,800 m2; Quang Minh packaging factory with a capacity of 5,000 tons/year; Centralized wastewater treatment plant with designed capacity of 2,700 m3/day and night on a construction land area of 2.73 ha; Total investment capital is over 1,600 billion VND.
In particular, the projects are implemented according to the circular economy and carbon balance in the whole Minh Phu shrimp value chain. The project also invests in social housing, takes care of housing and welfare for employees of Minh Phu Seafood Group.
According to the plan, Minh Phat Seafood Processing Factory and Centralized Wastewater Treatment Plant will be completed and put into operation in the second quarter of 2022; Particularly, Minh Phu Seafood Processing Factory will be completed and put into operation in the first quarter of 2025.
(seafood.vasep.com.vn) Vietnam's tuna exports reached around $84 million in March 2024, a 17% rise. Vietnam's total tuna export revenue for the first three months of 2024 was $215 million, up 19% from the same time in 2023 but down 17% from 2022. It is anticipated that tuna exports may miss the billion-dollar mark as in 2022 at this rate and the difficulties the business faces.
Vietnam raked in over US$200 million from exporting tuna to 86 markets worldwide during the first quarter of the year, representing a rise of 19% against the same period from last year.
Vietnam’s pangasius export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year. UAE mainly imported frozen fillets from Vietnam.
(seafood.vasep.com.vn) According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD).
The southernmost locality is developing shrimp farming models that generate large outputs but are environment-friendly.
(seafood.vasep.com.vn) An Giang province's aquaculture output is predicted to reach 172.3 thousand tons in the first quarter of 2024, up 6.37% (+10.3 thousand tons) from the same time the previous year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.
(vasep.com.vn) According to statistics from the International Trade Centre (ITC), Portugal is the 6th largest tuna importer in the EU. In 2023, the country's tuna imports from other countries increased by 9% compared to 2022, reaching nearly 241 million USD.
(vasep.com.vn) Vinh Hoan Corporation has just announced supplementary documents for the 2024 Annual General Meeting of Shareholders, scheduled to be held on April 17.
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