Being one of the producers in the seafood producing industry in the Mekong Delta, and also an important member of Sao Mai corp, IDI came over the hard situation impressively.
The social distinction resulting from the lasting Covid 10 pandemic caused pangasius prices to drop dramatically to 17,000-18,000VND/kg, IDI boldly took the initiative to seize the opportunity to "stock cheap strategic goods"
In addition, with a relatively accurate prognosis, IDI leaders also urgently signed a cooperation agreement with farming households to ensure almost 90% of the demand for raw fish for 2022 at a relatively low price.
The right decision and strong potential has helped IDI create a certain advantage when the pangasius industry recovers as expected. That evidence is shown when in the first 6 months of 2022, the estimated revenue of IDI reached nearly 4,200 billion VND and pre-tax profit reached nearly 450 billion VND.
With the quite impressive results and the dividend payment plan for 2021 approved by the General Meeting of Shareholders at the rate of 15% in cash and expected to be implemented in the third quarter of 2022, the Company's Board of Directors has made a plan as planned.
Thus, shareholders of IDI will soon receive a total dividend of more than 341 billion dong before the third quarter of this year. In the remaining 6 months, especially the fourth quarter when the business season of the pangasius industry is the most favorable, the IDI's leaders expect a profit boom when the company has enough "high-quality supply at a low cost."
Although China currently maintains the zero covid policy, IDI's Board of Directors is confident and expects to exceed the 2022 plan assigned by the General Meeting of Shareholders with sales of 8,300 billion VND and profit after tax of 9.00 billion VND. This plan is considered quite challenging, but with its own potential, the completion of this plan is completely grounded.
Besides, the important objective that the Board of Directors has submitted to the General Meeting of Shareholders for approval is the dividend payment plan in 2022 with the rate of 30% in cash and authorizes the Board of Directors to decide the time when the 2022 dividend can be advanced. This shows their strong belief in operating production and business as well as firmly affirming with stockholders for a new development phase IDI. That will be "a period of business sublimation and prosperity” for IDI shareholders.
Compiled by Thuy Linh
(seafood.vasep.com.vn) Speaking at the Opening Ceremony of VIETFISH 2026 on August 19 at the Saigon Exhibition and Convention Center (SECC), U.S. Consul General Melissa Brown highlighted the important role of the exhibition in connecting Vietnam’s growing seafood industry with buyers, suppliers, and partners from the United States and around the world.
(vasep.com.vn) Tomorrow, August 19, 2026, the Vietnam International Seafood Exhibition – Vietfish 2026 will officially open at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Taking place over three days, from August 19–21, Vietfish 2026 promises to provide a dynamic platform for business networking, trend updates, product experiences and comprehensive cooperation across the domestic and international seafood community.
(vasep.com.vn) The global tilapia market continues to grow, creating significant opportunities for countries with strengths in aquaculture, processing, and exports. Against this backdrop, Vietnam’s tilapia industry is gradually developing toward higher quality, greater product diversification, and broader market reach. At Vietfish 2026, the Vietnam Association of Seafood Exporters and Producers (VASEP), together with the VASEP Tilapia Producers and Exporters Club, will host a joint booth to promote the image and potential of Vietnamese tilapia to domestic and international buyers.
(seafood.vasep.com.vn) Vietnam’s seafood exports are heading towards $12 billion this year, potentially the highest level on record. Yet one of the country’s export strengths is facing a growing list of challenges.
(seafood.vasep.com.vn) The first six months of 2026 indicate that Vietnam’s tilapia industry is entering a new phase of development, with strong export growth but also greater demands for production scale, quality and international competitiveness.
(seafood.vasep.com.vn) Vietfish 2026, the Vietnam International Seafood Exhibition, will officially take place from 19–21 August 2026 in Ho Chi Minh City. As Vietnam’s largest annual seafood trade event, organized by the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietfish 2026 will once again bring together leading seafood companies, industry experts, and international partners from across the global seafood value chain.
(seafood.vasep.com.vn) Vietnam’s seafood exports reached USD 1.1 billion in July 2026, up 4.8% compared to the same period in 2025. Cumulative exports in the first seven months of the year totaled nearly USD 6.86 billion, an increase of 11.5% year-on-year. Exceeding the USD 1 billion mark in July further reinforces the prospect that Vietnam’s seafood exports could surpass USD 12 billion in 2026. However, the July figures also send a clear signal that the most favorable growth period may have passed: overall export growth slowed to just 4.8%, pangasius exports fell 6.1%, tuna exports were virtually flat, while exports to the EU, South Korea, and the Middle East all recorded double-digit declines.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the seminar "Global Seafood Market and the Future Workforce: Trends, Opportunities, and Sustainable Development Pathways for Vietnam's Seafood Industry" will take place from 2:00 p.m. to 4:15 p.m. on August 19, 2026, at Convention Room B, Level 2, SECC, Ho Chi Minh City. This is the first of five specialized seminars at Vietfish 2026, focusing on key issues that are shaping the long-term development of Vietnam's seafood industry.
(seafood.vasep.com.vn) Vietnamese seafood exports recorded impressive growth, generating nearly 6 billion USD in revenue during the first six months of the year, up 13% compared with the same period last year.
(seafood.vasep.com.vn) Fishermen in Ha Tinh are gradually overcoming difficulties to maintain the efficiency of seafood exploitation. In the first six months of 2026, the entire province achieved a production of more than 23,000 tons of seafood, worth more than 1,200 billion VND.
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