FIMEX VN - a member unit of the PAN Group has announced its business situation in May 2022.
Specifically, FIMEX VN’s finished shrimp product ouput reached 2,000 tons – a decrease of 7 tons compared to the same period in 2021. In addition, agricultural product output reached 317 tons – recorded a 173% increase over the same period.
The sales of the company reached approximately 22.2 million USD (around 510.6 billion VND), an increase of 35% comparing to the same period last year. After the first five months of the year, it reached 99.8 million USD (around 2.295 billion VND), increased 31% with the last year’s same period.
Regarding farmed shrimp products, the company is in the process of harvesting, and is expected to finish by June. Afterward, they will begin to do shrimp farming for the second harvest. This year’s shrimp aquaculture encountered some difficulties due to the pandemic, however, the outcomes are satisfactory, resulting in the reduction of cost and an increase in profit for the second quarter of the year. The new shrimp farming area is still building pond with the tardiness due to the heavy rain, would be finished and stocked for the second harvest.
In addition, the company also shared that in the second quarter, shrimp producing, exporting and farming are still on track with many positive signals even though there exists the probability that the shrimp supply will decrease slightly due to unsatisfactory weather and input source for May and the upcoming moths. According to Mr. Pham Hoang Viet – General Manager of the company, the profit for the second quarter may exceed at least 20% comparing to the last year same period.
In terms of the market overview, according to Vietnam Association of Seafood Exporters and Producers (VASEP), the shrimp exports in May reached 416 million USD, increased by 19%, while April witnessed a huge leap of 47% in comparison to last year’s same period. In general, within the first five months, shrimp export value is estimated to reach 1.8 billion USD - 38% higher than the same period last year and accounted for 39% of the total fishery export turn-over.
For pangasius and shrimp sector, the total export value recorded is 2.6 billion USD.
In the US market, export volumes of shrimp, pangasius and other products all recorded high growth compared to 2021, especially in pangasius sector. The decrease in US catfish production, high inflation along with anti-dumping tax during the POR17 period has benefited many pangasius enterprises. The number of pangasius enterprises allowed to export to the US increased, with the average pangasius export price to the US reached a new peak.
Compiled by My Hanh
(seafood.vasep.com.vn) Favorable weather conditions in the early months of 2026 have brought encouraging signs for fisheries activities in Quang Tri. Output has grown steadily, contributing to improved livelihoods for local residents.
Entering 2026, Vietnam’s seafood industry is facing a period of both high expectations and mounting pressures. Following the positive recovery in 2025, production and export activities in Q1/2026 demonstrated the strong adaptability of Vietnam’s seafood business community amid continued global trade volatility, intensifying international competition, and increasingly stringent compliance requirements in import markets.
(vasep.com.vn) In the first quarter of 2026, Vietnam’s shrimp exports reached USD 1.069 billion, up 17.5% compared to the same period in 2025. This is a positive result amid an uneven global shrimp market recovery, intensifying competition among major suppliers, and continued volatility in the international trade environment. However, this growth does not reflect a broad-based recovery across the entire sector, but rather is driven mainly by strong performance in a few markets and specific product segments—most notably lobster exports to China.
(seafood.vasep.com.vn) Vietnam’s tuna exports continued to decline in March 2026. Cumulatively, in the first three months of the year, export value reached USD 208 million, down 4% compared to the same period in 2025. The export landscape shows clear divergence across markets: while the U.S. and EU remain challenging, markets such as Russia, the Middle East, Egypt, the Philippines, and Mexico have emerged as growth bright spots.
(seafood.vasep.com.vn) In Quang Ngai Province, shrimp farming costs are rising sharply due to लगातार increases in feed, fuel, and input material prices, while farm-gate shrimp prices are declining. This has significantly reduced farmers’ profit margins and increased production risks.
(seafood.vasep.com.vn) Vietnam’s tilapia exports are experiencing impressive growth, reflecting expanding global demand as well as the sector’s development potential. However, behind the strong growth figures lie limitations in production capacity and supply chains, highlighting the need for sustainable development in the coming period.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to the Middle East in 2025 and early 2026 have shown notable growth. However, escalating geopolitical tensions in the region have increasingly impacted export activities since March. This situation presents a challenge of balancing market expansion opportunities with rising trade risks.
(seafood.vasep.com.vn) The Quang Tri Department of Agriculture and Environment has instructed localities to base their stocking schedules on actual conditions in each farming area, while developing plans, allocating resources, and implementing synchronized measures for disease prevention and disaster risk management in aquaculture production.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s exports of fish cakes and surimi exceeded USD 45 million, up 7% compared to the same period in 2025, indicating a positive outlook for this product segment amid recovering demand in many markets.
(seafood.vasep.com.vn) During the week from April 4th to 10th, 2026, Quang Ngai province intensified its monitoring and law enforcement activities with the determination to eliminate illegal, unreported, and unregulated (IUU) fishing practices.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
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