Today, CP Vietnam officially signed a strategic cooperation agreement with PAN Group, the two sides agreed to cooperate in developing the shrimp value chain, from seed to table, in order to raise the level of Vietnam's shrimp industry.
Previously, CP Vietnam invested a 24.9% stake in Sao Ta Food Joint Stock Company (code FMC), a subsidiary of PAN Group. The two companies are also strategic business partners and have enjoyed a good relationship for many years.
"During the past 20 years, the shrimp industry has always played an important role in Vietnam's seafood exports, contributing about 40-45% of the total seafood export value, equivalent to 3.5-4 billion USD. Export growth has been very stable, averaging 5%/year for the past 5 years. We believe that Vietnam's shrimp industry still has a lot of potential for development, and this will still be one of the key industries. I believe and hope that, with the cooperation with PAN Group, we will jointly develop Fimex (FMC) to be stronger and more competitive in export markets.
With its experience in breeding and animal feed, CP believes that combining with FMC will create synergistic values for both businesses. Thereby joining hands to complete the government's target of 1.15 million tons of shrimp farming from now to 2025. Our goal when investing is to jointly develop FMC to become a leading enterprise in the industry and compete with major shrimp exporting countries in the world," said Mr. Montri Suwanposri."
C.P. Vietnam currently has 9 feed mills, 2 seafood processing plants in Hue city and Ben Tre province and 5 meat processing plants in Hanoi, Dong Nai, and Ho Chi Minh City and Binh Phuoc. The company operates in the field of Agro-Industry and closed food processing, mainly in the field of livestock, poultry and aquatic products. In particular, special attention is paid to the application of standard systems and modern technologies to production practices in Vietnam.
(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.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
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