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
(seafood.vasep.com.vn) The year 2025 marks the 30th anniversary of the normalization of diplomatic relations between Vietnam and the United States (1995–2025). In parallel with the nation's progress in international economic integration, bilateral seafood trade has followed a remarkably impressive growth trajectory, expanding from an initial scale of just tens of millions of US dollars to nearly $2 billion annually. This growth has positioned the United States as Vietnam’s largest seafood export market for many consecutive years.
(seafood.vasep.com.vn) On December 12, 2025, the Vietnam Association of Seafood Processing and Export (VASEP) issued document 231/CV-VASEP regarding strengthening measures to combat IUU fishing and working with the Government to lift the EC's IUU yellow card warning.
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
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