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) Nearly US$1.7 billion is the projected gap in 2029 between the baseline scenario and a scenario in which Vietnam’s seafood exports grow by 10% annually, according to calculations by VASEP to be presented at Vietnam Seafood Summit 2026. This gap raises a key question for the entire industry: Which markets, products and supply chain improvements will generate the additional growth?
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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