Accordingly, in the fourth quarter of 2021, FIMEX VN recorded revenue of 1,444 billion dong, up 19% over the same period, gross profit reached 202 billion dong, up 30% over the same period last year. As a result, gross margin improved from 12.9% to 14%.
During the period, financial revenue increased by 82.5%, reaching VND 16.41 billion; selling and administrative expenses increased by 13.8%, equivalent to an increase of 12.63 billion VND to 104.4 billion VND and other activities did not change significantly.
The company explained that the reason for the sharp increase in profit over the same period was mainly due to the profit from harvesting self-farmed shrimp, which reduced product costs and significantly increased profits for the overall performance of the company.
According to the data provided by enterprises, processed Sao Ta shrimp output reached 22,790 tons (up 12% compared to 2020), consumed shrimp output was about 18,370 tons (up 7%) and consumed agricultural products reached 1,590 tons, equal to 132% compared to 2020.
2021 is also the most successful year of shrimp farming in Sao Ta's 10-year history of shrimp farming, even though the pandemic has upset some of the company's original plans. Especially, the cost of renting empty containers for long-distance delivery increased too sharply, causing considerable damage to this business.
If in previous years, the 3 main activities of shrimp processing, agricultural product processing and shrimp farming together to create profits, in 2021, the shrimp farming segment will become the "trump card" of the business, helping to reduce product cost to compensate for the processing segment.
In the whole year of 2021, the Company recorded a revenue of VND 5,199 billion, profit after tax of VND 286 billion, up 17.8% and 27% respectively over the same period in 2020.
Please register for the Report on Vietnam's seafood exports in 2021 to know more details about the production and export situation of seafood exporters and the development of seafood production and export in the past year, forecast for 2022.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.
(seafood.vasep.com.vn) The Cooking Show will be one of the most engaging experiential highlights of Vietfish 2026. Taking place over three days, from August 19–21, 2026, at Hall B1, SECC, Ho Chi Minh City, the event will offer visitors a vibrant culinary space where Vietnamese seafood is showcased through its flavors, stories, and real-life culinary applications.
(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.
(seafood.vasep.com.vn) As part of Vietfish 2026, the International Seafood Hosted Buyer Program has been designed as a dedicated B2B matchmaking initiative for selected international buyers. The program provides opportunities to meet directly with Vietnamese seafood companies, gain market insights, and experience Vietnam's seafood supply chain firsthand.
(seafood.vasep.com.vn) A Story from Cà Mau’s Coast It’s 5 AM in Cà Mau. Minh, a third-generation fisherman, is ready to set sail. But unlike his father and grandfather, his boat no longer runs on an old diesel engine that burns fuel and clouds the sky with smoke. Instead, it’s powered by a hybrid engine that saves 40% fuel—funded by an ESG program from a major seafood exporter.
(seafood.vasep.com.vn) Vietnam's pangasius industry is shifting its focus from increasing production volume to enhancing value-added products in order to meet the increasingly stringent requirements of export markets. In An Giang Province—the country's leading hub for pangasius farming and processing—businesses and farmers are prioritizing product quality, traceability, food safety, and sustainable development rather than expanding output.
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