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
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(seafood.vasep.com.vn) An Giang is focusing on expanding climate-adaptive marine aquaculture models, aiming for safe and sustainable production. This approach not only enhances economic efficiency but also helps fishermen stabilize their livelihoods amid weather fluctuations.
(seafood.vasep.com.vn) In the first 10 months of 2025, Vietnam’s pangasius export value to China (including Mainland China and Hong Kong) reached $483 million, up 1% compared to the same period in 2024. October alone posted $73 million, a strong 19% increase year-on-year. The Chinese market currently accounts for nearly 27% of Vietnam’s total pangasius export value.
(seafood.vasep.com.vn) According to data from Vietnam Customs, the country’s lobster exports posted another strong month in October 2025, reaching $93 million - a 75% increase from the same month in 2024. This performance extends the sector’s impressive growth streak from earlier in the year, pushing cumulative exports for the first 10 months to $712 million, up an extraordinary 135% year-over-year. Within the product mix, green lobster remained the dominant driver, accounting for 98% of total export value, with $700 million recorded in the first 10 months - a 141% jump year-on-year. In contrast, exports of spiny lobster and other lobster varieties declined slightly by 22% and 1%, respectively, indicating that market demand is becoming increasingly concentrated on the most sought-after product line.
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
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