Deputy General Director of Minh Phu Seafood Corp, Mr. Le Van Diep, said the company is harvesting farmed shrimp in an area of 151ha of water surface in Kien Giang province, the output averages 12-14MT per ha.
In the first four months this year, Minh Phu shipped 4,359MT of shrimp, valued at US$46.94 million, an increase of 46.13 percent in volume and 46.94 percent in value compared with the same period last year.
The U.S. remained its largest importer, purchasing 1,963MT of shrimp, worth US$29.94 million, accounting for more than 45 percent in volume and 53 percent in value of the company’s shrimp exports in this period.
Japan came second with US$7.35 million, followed by South Korea US$5.66 million, the EU with US$4.1 million, and Canada US$2.47 million.
Minh Phu is among the companies which had committed to “Say No to shrimp injected with foreign matters” to keep the prestige of Vietnamese shrimp products as well as its own brand.
According to Viet Nam Customs, by the end of April 2010, Minh Phu Seafood Corp has been topping the list of Viet Nam’s seafood exporters, and the largest shrimp exporter of the country.
Minh Phu Corp
Mr. Le Van Quang – General Director
Add: Industrial Zone Ward 8, Ca Mau City, Ca Mau Province
Tel: +84 780 3838262/ 3839391
Fax: +84 780 3833119
E.mail: minhphu@minhphu.com.vn
Web: www.minhphu.com
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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