With US$8 million of export value in the first year, Hung Vuong Corp made considerable progress to become one of the leading seafood companies in Vietnam. In 2011, it exported 82.6 thousand MT of products for US$231 million. Currently, Tien Giang-based firm’s seafood products are presented in 60 global markets. In which, Russia and the EU account for 42.5 percent; the U.S. and other American markets represent 29.8 percent; the rest 27.7 percent was occupied by Australia and other markets.
In April 2012, Hung Vuong Corp has bought shares of Bentre Forestry and Aquaproducts Im-Ex Joint Stock Company (Faquimex – HOSE-code: FBT) owned by State Capital Investment Corporation (SCIC). In late 2011, the company held 2.7 million of FBT shares, equal to 18 percent of capital.
In 2012, Hung Vuong Corp plans to buy more FBT shares to increase its shares from 18 percent to 50 percent and make Faquimex one of its affiliates.
The firm will raise shrimp in Faquimex’s 600-hectare farming area in Ben Tre province. In addition, it also has plan to build a new shrimp hatchery in Ninh Thuan province. Hung Vuong Corp targets to produce 2 billion of shrimp seeds from its old hatchery in 2012. The firm will develop a hatchery of 17 hectares to provide 10 billion of shrimp seeds in 2013.
According to Mr. Minh, Hung Vuong Corp now owns a large-scale shrimp farming area. Currently, the company has completed procedures to receive land for building the new hatchery. Profit from shrimp farming is about 30 – 60 percent, higher than 10 percent in fish rearing, Mr Minh said.
In 2012, Hung Vuong Corp expects to gain VND7,500 billion from sales and services of which revenue from export is set at US$250 million, profit before tax VND550 billion. Shareholders will receive 30 percent of dividend yield.
Website: www.hungvuongpanga.com
(vasep.com.vn) Vietnam’s seafood exports in September 2026 are estimated at US$1.135 billion, up 11.9% year-on-year, bringing total exports in the first nine months of the year to US$9.103 billion, up 11.4%. Behind this double-digit growth, however, increasingly divergent market trends are emerging: China–Hong Kong and ASEAN posted strong growth, while the U.S., EU and Japan all recorded declines in September.
(vasep.com.vn) In the first eight months of 2026, Brazil became the largest market for Vietnamese tilapia, with export value reaching US$44 million, up 22,142% year-on-year and accounting for 49% of Vietnam’s total tilapia exports. In August alone, exports to Brazil reached US$4 million. However, behind this remarkable growth is a market that is imposing increasingly stringent requirements on imported supplies.
(vasep.com.vn) Vietnam’s tuna exports sustained their upward trajectory in August 2026, though the pace remained modest at just 2%. The month saw divergent trends across key markets: the US maintained its leading position, Japan and Canada improved, Russia surged and the EU continued to experience a steep downturn. These developments suggest that exporters are entering the final months of the year amid a market environment marked by greater uncertainty.
(seafood.vasep.com.vn) Congalsa has acquired the entire charter capital of Lenger Seafood Vietnam, giving it full ownership of the business and its Nam Dinh processing facility.
(seafood.vasep.com.vn) Ninh Binh Province is entering a peak period of action against illegal, unreported and unregulated (IUU) fishing, focusing on thoroughly addressing violations, closely monitoring fishing vessels at ports and preventing vessels from violating regulations and operating illegally in foreign waters ahead of the European Commission’s (EC) upcoming inspection in 2026.
(vasep.com.vn) The application of biotechnology in seed production is increasingly viewed as a strategic imperative to upgrade pangasius fingerling quality, optimize farming efficiency and anchor sustainable industry development.
(vasep.com.vn) On September 15, 2026, in Can Tho, VASEP and ASC jointly organized a training course titled “New ASC standards: updates and practical implementation guidance for farms, businesses and aquafeed mills”. Beyond briefing stakeholders on updated ASC requirements for aquaculture facilities and feed production, the workshop dedicated substantial floor time to directly addressing on-the-ground compliance bottlenecks encountered by Vietnamese enterprises.
(searfood.vasep.com.vn) Vietnam’s tilapia exports continued to post positive results in the first eight months of 2026, with total export value reaching US$90 million, up 43% year-on-year. However, exports in August alone stood at US$11 million, down 8%, reflecting uneven market developments. Brazil remained the leading market, while Japan recorded notable growth, opening up new opportunities for Vietnamese tilapia products.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.3 billion in the first eight months of 2026, up 12% year on year. However, growth has begun to slow and become more differentiated across markets, while the U.S. and EU continue to present significant challenges. The latest insights from the Global Shrimp Forum 2026 (GSF 2026), held in early September, also indicate that the final months of the year will remain highly competitive as global supply continues to expand and buyers increasingly focus on quality, product specifications, supply stability and the ability to meet market-specific demand.
(seafood.vasep.com.vn) In August 2026, Vietnam’s seafood exports reached $1.14 billion, up 6% year on year. Cumulative eight-month exports rose 11.8% to $8.00 billion, though momentum has cooled compared to the 12.8% growth seen through July. China - Hong Kong and ASEAN are offsetting weakness in the U.S, EU and partly Japan. This divergence will likely widen in Q4 as trade tariffs and traceability requirements directly weigh on new orders.
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