The inauguration ceremony of An An factory (Thuan Phuoc Seafoods) in Tien Giang
At the beginning of the new year 2021, Thuan Phuoc Seafoods and Trading Corporation opened An An shrimp processing factory in Tien Giang, with a campus of nearly 3 hectares and an investment of over 400 billion VND, processing capacity about 50 tons of finished shrimp per day and cold storage capacity of 3,000 tons. This development investment will contribute to push Thuan Phuoc entering into the top 5 shrimp companies in Vietnam. At the same time, An An has a shrimp farming area of 200 hectares in Ba Tri, Ben Tre. This will become an ideal area, suitable for supplying raw materials as well as creating proactive control of food safety. An An is built synchronously, having a wastewater treatment system with a capacity up to 1500 m3/hour, ensuring its environment and sustainable development goals.
In the current context of the fisheries sector, An An’s inauguration is a breakthrough, but at the same time, many large shrimp enterprises have also actively changed. For example, Minh Phu Seafood Corporation has a plan at the end of the first quarter of 2021 to start two large processing factories in Hau Giang and Ca Mau, with a combined capacity of nearly 50,000 tons/year, an investment of nearly 1,000 billions VND. At the same time, Minh Phu also plans to build a factory in Kien Giang.
Sao Ta Foods Joint Stock Company (FIMEX) is also quick to take advantage of the opportunity to build 2 factories in An Nghiep Soc Trang Industrial Zone, constructed at the same time in 2020, with a total capacity of 20,000 tons/year and investment at nearly 400 billion VND.
Nha Trang Seafoods Joint Stock Company - F17 (NTSF) is also heading South similarly to Thuan Phuoc. NTSF already has a shrimp and pangasius processing factory in Thot Not, and is completing final stages for a shrimp processing plant in Ho Phong, Bac Lieu, with a capacity of 10,000 tons/year.
Minh Hai Joint Stock Seafoods Processing Company (Sea Minh Hai) is improving production conditions, increasing processing capacity and food safety for its 3 factories in Bac Lieu. Ca Mau Seafood Processing & Service Joint Stock Corporation (CASES) has renewed its deep processing factory and increased its storage capacity by 3,000 tons. In addition, the "giants" of the shrimp industry in Soc Trang such as Stapimex, Cleanfood, Taika, Khanh Sung ... all have programs to develop their activities in the coming years. The establishment of new businesses such as Thai Hoa (2019), Khanganfoods (early 2021) will not only make the competition of the shrimp industry more exciting, but will also be the driving force to make Soc Trang soon become a key shrimp area of the country.
In the jubilant atmosphere of the inauguration ceremony of An An factory with several flower baskets, I can feel the flow of the shrimp industry is persistently quiet, but will soon be exciting, especially during the second half of the year. The impressive export turnover figures are expected to be similar to the figures given by VASEP in the General Congress in December 2020.
Signals from An An factory and a series of new factories also create warm feelings in early spring, because it partly shows the synchronization of shrimp value chain links, helping Vietnamese shrimp to develop more stably and sustainably.
Dr. Ho Quoc Luc -Chairman of FIMEX
(seafood.vasep.com.vn) Lobster exports to China continued to surge in the first half of this year, putting the lobster industry on the verge of reaching an export value exceeding $1 billion.
(seafood.vasep.com.vn) More than five years after the UK-Vietnam Free Trade Agreement (UKVFTA) took effect, Vietnamese seafood is steadily expanding its market share in the United Kingdom, one of Europe’s major seafood import markets with stable and diverse consumer demand.
(seafood.vasep.com.vn) At Van Hung Commune, Khanh Hoa Province, the Khanh Hoa Agricultural Extension Center, in collaboration with the Northern Aquaculture Research Center and the Van Hung Public Service Center, organized a technical training course on the industrial-scale production of disease-free golden pompano (Trachinotus falcatus) seed for local marine fish farmers.
(seafood.vasep.com.vn) Vietnam’s squid and octopus exports maintained a strong recovery in the first five months of 2026, reaching more than USD 302 million, up 17% compared to the same period in 2025. Growth was primarily driven by Asian markets, including South Korea, Japan, Thailand, and China, while exports to the United States and the European Union continued to face headwinds from cautious consumer demand and increasingly stringent compliance requirements.
Vietnamese seafood giant Minh Phu Group has inaugurated a VND1.5 trillion (US$57.4 million) seafood processing plant in Ca Mau Province.
(vasep.com.vn) From 19–21 August 2026, the Vietnam International Seafood Exhibition (Vietfish 2026) will take place at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Under the theme "Innovation – Sustainability", Vietfish 2026 continues to serve as Vietnam's flagship annual seafood event, bringing together seafood producers, exporters, importers, buyers, industry experts, government agencies, and stakeholders from across the domestic and global seafood value chain.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in May 2026, reaching USD 14 million, up 18% compared with the same month last year. Cumulative export value for the first five months of 2026 totaled USD 62 million, representing a remarkable 101% increase over the same period in 2025, highlighting the sector’s strong recovery in international markets.
(seafood.vasep.com.vn) Vietnam’s tuna exports reached USD 367 million in the first five months of 2026, down 7% compared to the same period in 2025. While the decline is not yet severe, the more concerning issue is that pressure is mounting in key markets such as the United States and the European Union, just as ocean freight rates are rising sharply on long-haul routes. The current situation is therefore not merely about slower orders, but rather a clear restructuring phase for Vietnam’s tuna industry.
(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.
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