In the first half of 2024, Fimex's sales revenue reach 95 million USD, an increase of 17% over the same period, equivalent to 45% of the yearly plan (210 million USD).
In June alone, Fimex's sales were estimated at 13.46 million USD, down 28% over the same period. This is also the month with the company's lowest sales in 4 months.
In the first 6 months of the year, Fimex said processed shrimp reached 11,255 tons, up 20% over the same period. Consumption of processed shrimp reached 8,449 tons, an increase of 26%.
Regarding agricultural products, the company produced 705 tons and consumed 626 tons of agricultural products, down 27% and 11% respectively compared to the first 6 months of 2023.
Fimex said that in the first 6 months of the year, processed shrimp output and consumption increased thanks partly to self-farmed shrimp and stable consumption contracts. Sales growth was lower than consumption output due to smaller shrimp sizes and unit prices decreased slightly compared to the same period last year. The company forecasts sales for the rest of the year to be quite solid due to good orders.
Fimex said that, the main farming crop is in the process of being harvested until the end of August, after which the company will stock the next crop. Fimex evaluates that this crop has good productivity but the price of commercial shrimp is low.
According to the Board of Directors' report, IDI successfully maintained its traditional customer base in 2024 while expanding into high-potential markets, particularly the United States, benefiting from a significant reduction in anti-dumping duties.
Recently, Vietnam's La Vong fish cake was ranked number 1 in the list of the world's best white fish dishes by the world-famous culinary website Taste Atlas.
Currently, many households in the suburbs of Ca Mau City are implementing a fairly effective pangasius farming model, bringing in a stable source of income. Unlike the industrial scale in other provinces in the region, the pangasius farming model here is quite simple, low-cost, and is considered a promising direction for farmers.
Over 200,000 ha of Vietnam's shrimp farms are cultivated organically and ecologically, certified by international organizations.
Vĩnh Hoàn Corporation (stock code: VHC – HoSE) has outlined an ambitious business plan for 2025, targeting revenue of VND 13,800 billion (up 10.3% from 2024) and after-tax profit of VND 1,500 billion (up 22.3%). This follows a successful 2024, where the company recorded revenue of VND 12,513 billion (exceeding 109% of the plan) and after-tax profit of VND 1,226 billion (surpassing 123% of the VND 1,000 billion profit target). The 2025 Annual General Meeting of Shareholders is scheduled for April 24 in Ho Chi Minh City to discuss these plans.
Sa Giang Import-Export Corporation continues to assert its position as one of the leading export enterprises in Đồng Tháp, achieving a revenue of thousands of billions of VND from shrimp crackers and rice paper in the past year.
(seafood.vasep.com.vn) After three years of implementation, the UK-Vietnam Free Trade Agreement (UKVFTA) has yielded positive results for Vietnam’s tuna exports. The United Kingdom officially became a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on December 15, 2024. This is expected to bring significant benefits for seafood enterprises, particularly in terms of tariffs and intra-bloc origin regulations - especially for tuna products.
On March 3, Sa Giang and Citek officially launched a comprehensive enterprise digital transformation project using the GROW with SAP solution.
(seafood.vasep.com.vn) According to the Action Plan to implement the growth targets for agriculture, forestry, and aquaculture from the Bình Định Department of Agriculture and Environment, which has just been issued, the goal for 2025 is to achieve an overall GRDP growth rate for the entire sector from 3.6% to 3.8%, with the highest effort to reach a growth rate of 3.8%.
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