According to the April business results announced by Sao Ta Food Joint Stock Company (FIMEX VN), the output of processed shrimp products reached 1,742 tons, up 8% over the same period last year. The output of finished agricultural products increased by 28% over the same period last year, reaching 233 tons thanks to the fact that Tam An Factory went into operation.
April sales were USD 18.9 million (about VND 435 billion) and increased by 10% over the same period last year. Accumulated from the beginning of the year to the end of April, sales reached 77.6 million (about VND 1,782 billion).
Enterprises commented that, in general, this month there was no sudden change in activity due to the period of material seasonality. During the month, Sao Ta has harvested 50 shrimp ponds, the remaining ponds will be completed within the next 40 days, and then will continue to stock the second crop. Besides, the new 52 ha area is in the process of making a pond, which will be completed and stocked in the second crop.
The enterprise also said that it is currently focusing on completing the establishment of the new factory. From May, activities will clearly improve, especially the agricultural product segment, until the time of mass delivery and shrimp from the farm will focus on harvesting. The output of processed and consumed shrimp also has potential to increase sharply.
At the end of the first quarter, Sao Ta's net revenue reached VND 1,327 billion, and profit after tax reached VND 42 billion, both increasing by 37% over the same period last year thanks to increased sales as well as raw material reserves and signed contracts. The contracted freight rates are expected to experience fluctuations.
Compiled by Minh Trang
Image source: Sao Ta
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first two months of 2025, Vietnam's shrimp exports recorded positive signs with strong growth in a number of important markets, of which lobster exports to China increased sharply.
In recent years, the agricultural and environmental sectors and localities in the province have created favorable conditions to develop and effectively maintain seafood chains, increasing income for people in rural areas.
(seafood.vasep.com.vn) According to Vietnam Customs, the country’s pangasius exports regained growth momentum in February 2025. Export value reached USD 150 million, marking a 66% increase compared to February 2024. Cumulative pangasius export revenue for the first two months of the year totaled USD 284 million, up 11% year-on-year.
Minh Phu Seafood Corp, one of the leading enterprises in shrimp processing and export, is actively promoting cooperation with shrimp farmers to develop the shrimp industry in Ca Mau.
(seafood.vasep.com.vn) In 2024, Vietnam’s tuna exports to the Middle East continued their impressive growth, rising by 28% compared to 2023. The Middle East is now emerging as one of Vietnam’s top four tuna export markets.
(seafood.vasep.com.vn) Recently, the price of Pangasius in the Mekong Delta has increased significantly, making fishermen very excited. However, looking at the overall picture of this industry, the rise in Pangasius prices is not just an opportunity, but also comes with many challenges.
(seafood.vasep.com.vn) Dishes made from fish, especially pangasius, have become common and are found in nearly all restaurants, hotels, and banquets in Pakistan.
Looking back at the period from 2022 to 2024, crab exports to China have shown significant fluctuations. In 2022, China imported over 62 million USD worth of crabs, averaging 5-9 million USD per month, indicating a stable import demand from China. However, in 2023, exports sharply dropped to 13.3 million USD, averaging only 1-2 million USD per month, due to China's tighter quarantine controls and weakening consumption demand.
In January 2025, Vietnam's shrimp exports to the UK reached over 16 million USD, an 8% increase compared to the same period last year. The UK is the sixth-largest individual market for Vietnam’s shrimp imports, accounting for 5.5% of the total shrimp exports to various markets. Shrimp also holds the largest share (70%) in Vietnam’s total seafood exports to the UK.
Nguyễn Đức Bình, vice director of Quảng Ngãi Province's Department of Agriculture and Rural Development, said that 4,259 out of 5,194 fishing boats (82 per cent) had registered for operations at sea.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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