Compared to the previous year, in 2011, Cholimex had to struggle with more financial challenges which had direct impacts on the firm’s business. Prices of raw shrimp up 15 – 20 percent; other ingredients (vegetables and fruits) up averagely 10 percent; high fuel price leading to a 10 percent rise in transportation cost, and packaging cost also up 10 – 15 percent.
Ho Chi Minh City-based firm has made great efforts to reach and exceed its yearly target. In 2011, Cholimex earned VND506 billion of turnover, up 10 percent from the 2011 target and up 29.4 percent from 2010. Post-tax profit reached VND34.8 billion, equal to 121 percent of its 2011 plan and up 28.9 percent from 2010. These results showed the effectiveness in Cholimex’s business. At the meeting, shareholders agreed to increase dividend yield from 20 percent to 22 percent.
In 2011, besides traditional markets like the EU, South Korea, Japan and Australia, Cholimex has been looking to new markets such as Israel, Lebanon, Turkey, the Philippines and Cuba. These are potential markets for fish sauces products. Cholimex’s earnings mainly came from frozen food items, accounting for a proportion of 86 percent in overall export revenue and up 33 percent from 2010. Domestic sales were VND293 billion, equal to 113 percent of the yearly plan and up 31 percent from 2010.
In 2012, Cholimex will provide 62 million of processed food bottles (with bottle of 250ml) and 2,100 thousand MT of seafood and processed products. The company aims to generate VND620 billion of turnover and US$12.8 million of total export revenue, bringing VND47 billion of profit before tax, VND37.6 billion of post-tax profit. The dividend yield will be set at 20 percent.
Website: www.cholimexfood.com.vn
(seafood.vasep.com.vn) In Gia Vien district, tilapia farming—particularly the “duong nghiep” strain—is expanding rapidly and gradually becoming an efficient production model for local farmers. Hatcheries in the area are supplying high-quality, uniform, and disease-free fingerlings, meeting the growing demand for commercial farming.
(seafood.vasep.com.vn) On the afternoon of March 19, Vice Chairman of the Ca Mau Provincial People’s Committee, Le Van Su, chaired a meeting to address bottlenecks and propose solutions to expand the super-intensive whiteleg shrimp farming model using low water exchange and high biosecurity standards (RAS-IMTA).
(seafood.vasep.com.vn) On March 10, 2026, the Ho Chi Minh City People’s Committee issued Decision No. 1377/QD-UBND approving the Aquatic Animal Disease Prevention and Control Plan for the 2026–2030 period. The decision takes effect from the date of signing and replaces previous plans for the 2021–2030 period that had been issued prior to the administrative merger in Ba Ria – Vung Tau, Binh Duong, and Ho Chi Minh City.
(vasep.com.vn) In 2025, Chile imported more than USD 156 million worth of tuna, up 8.1% compared to the previous year and the highest level in the past five years. As the supply structure in this market is rapidly shifting, Vietnamese tuna is facing both opportunities to expand market share and increasing competitive pressure from Thailand, Colombia, and China.
(seafood.vasep.com.vn) Vinh Long Province is stepping up efforts to develop brackish water shrimp farming in a sustainable direction, identifying it as a key sector in its agricultural structure. In 2026, the province aims to reach around 71,300 hectares of shrimp farming, with an output of over 314,000 tons.
(seafood.vasep.com.vn) Ha Tinh Province is strengthening control over shrimp seed quality to minimize risks for the 2026 spring–summer farming season.
(seafood.vasep.com.vn) In February 2026, Vietnam’s pangasius exports reached USD 119 million, down slightly 5% year-on-year. However, thanks to strong performance in January, cumulative exports in the first two months of the year still reached USD 331 million, up 28% compared to the same period in 2025. Export activity slowed somewhat in February due to seasonal factors, particularly the Lunar New Year holiday, which disrupted production and shipments at many seafood processing enterprises.
(seafood.vasep.com.vn) Da Nang is accelerating the development of high-tech shrimp farming toward intensive production, disease control, and improved efficiency. Many shrimp farms have invested in automated environmental monitoring systems, continuously tracking indicators such as pH, dissolved oxygen, temperature, and salinity, enabling farmers to promptly adjust pond conditions and reduce disease risks.
(seafood.vasep.com.vn) The year 2025 is considered a turning point for Vietnam’s shrimp seed industry as the sector faces the need for strong transformation in technology, production management, and gradual self-sufficiency in broodstock supply. These factors are seen as key to improving seed quality and strengthening the competitiveness of the shrimp industry amid increasingly demanding market requirements.
(seafood.vasep.com.vn) In February 2026, Vietnam’s shrimp exports reached nearly USD 310 million, up 17% year-on-year. Cumulatively for the first two months of the year, shrimp export value totaled USD 690 million, an increase of 20% compared with the same period last year. Compared with the 22% growth recorded in January, the pace of increase in February slowed somewhat, reflecting seasonal factors as the Lunar New Year holiday partially disrupted processing and shipment activities. Nevertheless, the nearly 20% growth in the first two months indicates that shrimp orders from Vietnam are maintaining a more positive trend than in the same period last year.
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