Sao Ta Food Joint Stock Company (FIMEX VN) has announced its estimated business results for 2021 - the highest in the company's 26-year history.
Specifically, according to preliminary data (with the merger of Khang An's member company), by the end of 2021, FMC's processed shrimp production reached 22,790 tons, up 12% compared to 2020. Shrimp consumption reached 18,370 tons. , an increase of 7% compared to 2020. Consumption of agricultural products reached 1,590 tons, equaling 132% compared to 2020.
The company's overall sales are estimated at 213 million USD, equivalent to more than 4,850 billion VND, equal to 112% compared to 2020. Profit is estimated at over 280 billion VND, an increase of over 15% compared to 2020 – This is the highest profit figure in 26 year history of the company.
FIMEX said that 2021 is the most successful year of shrimp farming in the company's 10-year history with shrimp, contributing to offset the company's processing segment in the past year.
FMC expects that right after Tet, shrimp farms will start stocking, starting a new crop. In which, there is an increase in farming area of 52 hectares, which is a project assigned by the People's Committee of Soc Trang province to Khang An member company.
Also this year, both newly built factories of FIMEX will come into operation, in which Tam An factory of Khang An member company specializes in processing mixed products, with new products to meet new needs of consumers.
According to estimates of Rong Viet Securities Company (VDSC), FMC's revenue and profit after tax in 2022 will reach VND 6,096 billion (up 22%) and VND 320 billion (up 26%). Expectations about the export market, plus two new processing plants coming into operation in 2022, will be the driving force behind FMC's profit after tax to grow by 26-30% in the period 2022-2023.
(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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