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
(vasep.com.vn) Vietnam’s tuna exports reached USD 81 million in April 2026, down 6% compared to the same period in 2025. In the first four months of the year, export turnover totaled USD 289 million, down 4.8%. Although the overall export picture has yet to brighten significantly, market trends are becoming increasingly diversified rather than moving in a single direction.
(seafood.vasep.com.vn) Vietnam’s pangasius industry is undergoing strong restructuring starting from the broodstock and fingerling segment in order to improve productivity, quality, and export competitiveness. This is considered a critical foundation for the sustainable development of the industry amid rising production costs and increasingly stringent market requirements.
(seafood.vasep.com.vn) According to Vietnam Customs data, pangasius exports in April 2026 reached USD 206 million, up 18% compared to the same period in 2025 — marking another consecutive month of double-digit growth since the beginning of the year. Cumulative pangasius export turnover in the first four months of 2026 reached USD 720 million, up 17% year-on-year, reflecting the positive growth momentum of this key export product.
(seafood.vasep.com.vn) Vietnam’s shrimp exports in the first four months of 2026 maintained positive growth momentum, reaching approximately USD 1.5 billion, up 15% compared to the same period last year. However, behind this result lies diverging trends across markets, as the global shrimp industry continues to face pressure from inflation, high inventories, price competition, and increasing trade risks.
(seafood.vasep.com.vn) In Vinh Tuy commune (Kien Giang Province), many shrimp farmers are adopting bottom aeration systems and reporting clear economic benefits, helping increase income and reduce production risks.
(vasep.com.vn) In the first three months of 2026, Vietnam’s exports of crabs and other crustaceans reached more than USD 93 million, up 23% compared to the same period last year. The result shows that the sector is experiencing a fairly positive recovery, especially in its two key product groups: crabs and swimming crabs. However, behind the growth figures are several concerns: export markets remain highly concentrated, raw material supply is unstable, and trade barriers from the US and EU are becoming increasingly stringent.
(seafood.vasep.com.vn) In Ca Mau province, many farmers are transitioning from traditional methods to high-tech shrimp farming, adopting recirculating systems with minimal water exchange to improve efficiency and reduce risks. In Hung My commune alone, there are about 260 super-intensive shrimp farming households covering more than 265 hectares, playing a key role in local economic development.
(seafood.vasep.com.vn) In the first three months of 2026, Vietnam’s exports of fish cake and surimi reached USD 63 million, down 5% compared to the same period last year. Although total export value declined slightly due to decreases in some key markets, many other destinations continued to post strong growth, opening up room for this convenience-oriented processed segment in the coming quarters.
(seafood.vasep.com.vn) Favorable weather conditions in the early months of 2026 have brought encouraging signs for fisheries activities in Quang Tri. Output has grown steadily, contributing to improved livelihoods for local residents.
Entering 2026, Vietnam’s seafood industry is facing a period of both high expectations and mounting pressures. Following the positive recovery in 2025, production and export activities in Q1/2026 demonstrated the strong adaptability of Vietnam’s seafood business community amid continued global trade volatility, intensifying international competition, and increasingly stringent compliance requirements in import markets.
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