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) 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.
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