Fimex VN – a member unit of PAN Group announced its 9-month business results. Accordingly, processed shrimp volume in 9 months of 2022 reached 16,068 tons, equaling 98.5% over the same period in 2021. Finished shrimp reached 14,543 tons, up 8%. Finished agricultural products recorded 1,642 tons, nearly double. Finally, consuming agricultural products reached 1,450 tons, up 18%.
General sales reached 182 million USD (~ 4,310 billion VND), up 17.5% over the same period in 2021 and fulfilled 79% of the year plan.
In September only, sales reached 20.1 million USD (~ 476 billion VND), lower than August and the same period last year. However, the company still made a good profit by using home-grown shrimp for processing to lower the cost.
The Board of Directors assessed that, from now until the end of the year, due to the influence of global inflation, consumption will not be high. Therefore, sales will not increase sharply in the last months of the year. However, the company still ensures to complete the year plan with sales and profit targets of 200 million USD and 250 billion VND, respectively.
Fimex is changing its strategy, focusing more on lowering the cost by investing in farming
Regarding shrimp farming activities, Fimex VN is conducting the harvesting for processing. The company evaluates that shrimp development is not favorable compared to the right season, but in general this solution is much better and profitable. At the same time, Fimex VN is renovating a new 203-hectare area so that it can be reared in Q2/2023.
At the beginning of June, Fimex VN announced an investment of 200 billion VND to develop a 203-hectare farming area in Soc Trang, proactively sourcing raw materials for production and business. Fimex VN aims to have 500 hectares of shrimp farming by 2025, currently making use of 302 hectares.
Besides, Fimex VN is completing a new factory, the progress is delayed due to the slow delivery of foreign machinery and equipment suppliers because of the lack of production materials and the delay in transportation. However, the management said that this does not cause pressure because currently the output of raw materials is only moderate.
Compiled by Thuy Linh
(seafood.vasep.com.vn) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.
(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.
(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.
(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.
(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.
(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
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