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) The return of Donald Trump to the White House for a second term will bring significant impacts on Vietnam, particularly its pangasius export sector. Trump's economic policies, such as raising import tariffs, reducing corporate income taxes, and attracting foreign direct investment (FDI) back to the US, are expected to directly influence various industries in Vietnam.
(seafood.vasep.com.vn) The UAE ranked 16th among importers of Vietnamese shrimp from 2018 to 2022, accounting for approximately 0.5% of Vietnam's total shrimp export value. Annually, Vietnam exported around US$20 million worth of shrimp to this market.
(seafood.vasep.com.vn) The company also announced that its farms are well-prepared and will begin stocking in mid-November when the weather conditions are favorable.
(seafood.vasep.com.vn) To maximize natural advantages and increase the value of local aquatic products, Ca Mau province is promoting the ecological shrimp farming model under mangrove forests. This model not only brings high profits to people thanks to businesses committing to purchasing products at prices 10-20% higher than the market price but also aims for sustainable development and environmental friendliness.
(seafood.vasep.com.vn) The Comprehensive Economic Partnership Agreement (CEPA) between Vietnam and the United Arab Emirates (UAE) was signed after just over a year of negotiations. With high demand for premium seafood in the UAE, particularly for shrimp and tuna products, Vietnam’s tuna industry is expected to gain increased export opportunities and higher product value thanks to the preferential terms of the CEPA.
(seafood.vasep.com.vn) In October 2024, seafood exports from Vietnam are estimated to exceed $1 billion, marking a 28% increase compared to the same period last year. This achievement signifies the first return to the $1 billion milestone in 27 months, since June 2022, providing a significant boost for Vietnamese seafood enterprises.
(seafood.vasep.com.vn) Under the theme "Dong Thap Pangasius: Green Journey - Green Value," the Dong Thap Pangasius Festival 2024 will take place over two days, November 16th and 17th, at Vo Nguyen Giap Square in Hong Ngu City.
(seafood.vasep.com.vn) The Department of Agriculture and Rural Development of Kien Giang has announced a plan to stabilize the biosafety rice-shrimp production area at 117,340 hectares by 2030.
(seafood.vasep.com.vn) According to the Department of Fisheries in Ca Mau, the total aquatic product output in the region is estimated at 536,140 tons as of October 17, achieving 82.23% of the annual plan and marking a 1.74% increase compared to the same period last year. Within this total, shrimp production stands at 208,495 tons, reaching 82.41% of the planned target and showing a 2.23% increase year-over-year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, pangasius exports to Iraq have surged significantly in the first nine months of 2024, marking the highest levels seen in three years. This upward trend has positioned Iraq as a key market for Vietnamese pangasius, even surpassing Iran, traditionally regarded as a gateway for trade between Vietnam and the Middle East.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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