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.
(seafood.vasep.com.vn) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.
(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.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.
(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.
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