During the period, financial income of Camimex Group doubled over the same period to nearly 9 billion VND. This operating expense also increased 120% to 26.4 billion VND.
In addition, selling expenses of Camimex Group also increased sharply to VND 28 billion and administrative expenses recorded VND 14 billion. After deducting expenses, the company reported a profit after tax in the third quarter of 33.7 billion VND - up 22% over the same period.
Accumulated in 9 months of 2022, Camimex Group achieved a total revenue of VND 2,200 billion, up 53% over the same period. Profit after tax is at nearly 87 billion dong. With this result, Camimex Group only fulfilled 56% of the revenue plan and only 29% of the full year profit target.
On the balance sheet as of September 30, 2022, Camimex Group's total assets are at more than VND 2,900 billion, including VND 51 billion in cash and VND 200 billion in investments held to maturity.
In addition, the company's inventory was also high, increasing 27% compared to the beginning of the year to nearly 1,100 billion dong (more than 41 billion dong was deducted from provision for devaluation) and accounted for 38% of total assets.
The company's liabilities by the end of the third quarter were nearly VND 1,520 billion, of which VND 1,033 billion were financial loans, which increased sharply compared to the beginning of the year and accounted for 68% of total debt. Large financial debt caused the company to bear nearly 41 billion dong in interest expense since the beginning of the year.
At the recent seminar "Fishery industry 2023: Identifying challenges and solving the problem of decreasing orders, increasing interest rates", Mr. Truong Dinh Hoe - General Secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP) said that Vietnam seafood export turnover in 2022 will reach about 11 billion USD. In which, shrimp exports reached 4.3 billion USD; pangasius reached 2.5 billion USD; seafood reached 3.2 billion USD; tuna 1 billion USD.
Notably, all products have a double-digit growth, average 18-77%. All markets grew by double digits, averaging 15-75%, except for the UK market, which only increased by 3%, while the Russian market still grew by 0.2%.
According to Mr. Hoe, currently, Vietnam's seafood export ranks third in the world, after China ($18 billion) and Norway ($11 billion), accounting for 7% of the market share. In particular, Vietnam is among the 4th shrimp suppliers along with Ecuador, India and Indonesia. Vietnamese shrimp accounts for nearly 8% market share in the US and China in 2022 and also increasing its market share in the EU after 2 years of EVFTA despite COVID-19.
Although assessed as strong growth, Mr. Truong Dinh Hoe said that the seafood industry is facing internal challenges such as: infrastructure problems for farming; quality of breeding stock, parental breed; input cost; fisheries management in accordance with the IUU Regulation; fuel costs for fishing and resources.
In addition, there are external challenges such as: inflation, growth slowdown in key markets affecting spending and limiting consumer demand; servire competition. The Chinese market has great potential, but besides many opportunities, there are also risks due to diversity in trade as well as COVID-19 management policies.
Compiled by Thuy Linh
(seafood.vasep.com.vn) With a range of synchronized solutions, from institutional improvements and strengthened communication to strict fleet control, Quang Ninh is stepping up efforts to combat illegal, unreported and unregulated (IUU) fishing, determined to join the country in soon having the European Commission’s (EC) “yellow card” lifted.
(seafood.vasep.com.vn) The year 2025 closed with a remarkable milestone for Vietnam’s shrimp industry. According to Vietnam Customs, the country’s total shrimp export turnover in 2025 reached USD 4.6 billion, up 19% compared to 2024 and the highest level ever recorded.
(seafood.vasep.com.vn) During the 2026–2030 period, Quang Tri province aims to convert 771 fishing vessels currently engaged in activities detrimental to marine resources and the ecological environment to more environmentally friendly fishing practices or shift entirely to other economic sectors.
(seafood.vasep.com.vn) 2025 recorded a breakthrough growth in Vietnam’s tilapia exports, in which the U.S market emerging as the primary growth driver. The total export turnover of Vietnamese tilapia to the United States reached $53.15 million during the year, surging 173% year-on-year and accounting for 54% of Vietnam’s total tilapia export value, thereby making the U.S the largest import market for this commodity. Compared to 2024, tilapia exports to the U.S posted robust growth, reflecting the import demand as well as the ability of Vietnamese enterprises to capitalize on market opportunities amidst volatile global competitive dynamics.
(seafood.vasep.com.vn) After two consecutive years of decline, Vietnam’s fish cake and surimi exports rebounded in 2025. Export turnover of this product group exceeded USD 344 million, up 15% year-on-year compared with 2024 and 13% higher than 2023, although still below the peak level recorded in 2022.
(seafood.vasep.com.vn) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.
(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.
(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.
(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.
(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.
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