FIMEX VN (Code: FMC), a member of the PAN Group, has just announced that its March sales reached 18.5 million USD (422 billion VND), up nearly 6% over the same period last year.
In March, the company's finished shrimp products reached about 1,960 tons, compared to 1,489 tons in the same period last year. Finished agricultural products also grew at 270 tons, 2.2 times higher than the same period last year. Farmed shrimp, in general, grew stably, which was quite good for the whole farm.
Accumulated in the first 3 months of the year, FIMEX VN's sales reached 58.7 million USD (about 1,338 billion VND), up 39% over the same period last year.
In 2022, FIMEX VN plans to achieve consolidated sales of 230 million USD (about 5,290 billion VND), an increase of 11.3%; profit before tax is expected to reach at least 320 billion VND, up 10.7% compared to 2021. Hence, in the first 3 months of the year, FIMEX VN has fulfilled about 25.5% of the annual sales plan.
According to SSI Research’s latest report, in 2022, FIMEX VN may focus on its main export market, Japan (accounting for 28% of total export turnover in 2021), due to less competitiveness, the higher average selling price, as well as Japan's preference for value-added products and lower transportation costs. However, as demand in the US remains strong, FIMEX VN has recently signed a new contract with Costcowhorors supermarket.
Experts estimate that FIMEX VN shrimp sales will increase by 20% this year, while the average selling price of shrimp will increase by 2.5% over the same period. Although the cost of raw shrimp does not fluctuate like pangasius, FIMEX VN is expected to improve its gross profit margin in 2022 from 10.2% in 2021 to 11% in 2022, due to the expansion in Japan market.
Compiled by Phuong Linh
(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
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(seafood.vasep.com.vn) Shrimp and pangasius continued to lead growth, helping seafood exports reach $4.67 billion in the first five months of the year; however, differentiation among product groups and increasingly stringent requirements from importing markets are posing many challenges for the industry.
(seafood.vasep.com.vn) Every day, the seafood processing industry in Ca Mau generates large quantities of shrimp heads and shells during processing operations. In the past, these by-products were largely treated as waste, increasing production costs and posing potential environmental risks. However, thanks to advanced processing technologies, materials once considered waste are now being transformed into high-value products, creating a circular economy model within the seafood industry.
(seafood.vasep.com.vn) Vietnam Clean Seafood Corporation has invested in a 280-hectare super-intensive shrimp farming zone in Tran De Commune, Can Tho City, generating export value of approximately VND 3 billion per hectare per year—around 50 times higher than traditional agricultural production.
(vasep.com.vn) Vietnam’s seafood exports reached USD 1.02 billion in May 2026, up 0.6% year-on-year. Cumulative exports in the first five months of 2026 totaled USD 4.67 billion, an increase of 11% compared to the same period in 2025.
(seafood.vasep.com.vn) In a rapidly changing global seafood market, timely insights and reliable data are more critical than ever. The Report on Vietnam Seafood Exports in Q1/2026 provides a comprehensive overview of the latest developments in Vietnam’s seafood production, trade performance, and export trends, helping businesses navigate uncertainty and identify new growth opportunities.
(seafood.vasep.com.vn) While many major markets continue to experience slow growth, Russia has emerged as a brighter destination for Vietnamese tuna exports in early 2026. Export turnover to this market increased by nearly 55% in the first four months of the year, indicating a clear improvement in demand. Nevertheless, Russia remains a market that should be viewed with both optimism and caution.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
(seafood.vasep.com.vn) In the first four months of 2026, Vietnam’s tilapia exports reached USD 49 million, up 151% compared to the same period in 2025. This impressive growth reflects positive momentum in the tilapia sector, with Brazil emerging as a key driver of growth, while frozen tilapia fillets continued to be the industry's leading export product.
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