In its 2025 business plan, MPC sets an ambitious target of producing 60,000 metric tons of shrimp, generating VND 15,667.2 billion in revenue, and achieving VND 997 billion in after-tax profit. This comes after two consecutive years of net losses—VND 105 billion in 2023 and VND 190 billion in 2024.
The key question for investors is what drives such optimism amid current uncertainties, especially shifting global tariff policies.
MPC’s consolidated financial results for Q1/2025 show signs of recovery. The company posted a net profit of VND 17.6 billion, up 144% year-on-year. Revenue for the quarter reached VND 2,856 billion, a 2.4% increase from the same period in 2024.
The company attributes this improvement to better performance across its commercial shrimp farming and breeding operations, which have helped reduce losses compared to previous periods.
Going forward, MPC plans to reinforce its vertically integrated value chain—ranging from broodstock development and farming to processing, exporting, and distribution. It will roll out centralized farming zones focused on organic shrimp, extensive farming, high-tech intensive farming, and rice–shrimp models, in partnership with local stakeholders. These zones will be equipped with full water supply and drainage infrastructure and technical services.
A key strategic focus will be developing high-quality shrimp broodstock, which MPC identifies as the determining factor in over 60% of farming success. The company plans to establish a production zone in Ninh Thuan province for parent black tiger and whiteleg shrimp lines with high disease resistance and rapid growth. This zone will also house hatchery production and live feed (rotifers and algae) facilities for shrimp larvae.
As part of its capital strategy, MPC also proposes an employee stock ownership plan (ESOP) involving 154,700 shares (equivalent to 0.04% of total outstanding shares) at an issue price of VND 10,000 per share. The total issuance value will be approximately VND 1.55 billion. These shares will be subject to a five-year lock-up period following issuance, which is expected to take place later in 2025 once the State Securities Commission confirms receipt of the full documentation.
(seafood.vasep.com.vn) Vietnamese seafood exports recorded impressive growth, generating nearly 6 billion USD in revenue during the first six months of the year, up 13% compared with the same period last year.
(seafood.vasep.com.vn) Fishermen in Ha Tinh are gradually overcoming difficulties to maintain the efficiency of seafood exploitation. In the first six months of 2026, the entire province achieved a production of more than 23,000 tons of seafood, worth more than 1,200 billion VND.
(seafood.vasep.com.vn) June 2026 brought encouraging signs for Vietnam's tuna exports, with export value rising 20% year-on-year to nearly USD 72 million. However, this increase has yet to offset the prolonged slowdown seen in key markets such as the European Union (EU), where import demand remains weak. The outlook for the second half of the year is expected to become more challenging as freight rates continue to climb.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.
(seafood.vasep.com.vn) The Cooking Show will be one of the most engaging experiential highlights of Vietfish 2026. Taking place over three days, from August 19–21, 2026, at Hall B1, SECC, Ho Chi Minh City, the event will offer visitors a vibrant culinary space where Vietnamese seafood is showcased through its flavors, stories, and real-life culinary applications.
(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.
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