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) Vietnam’s tilapia industry is maintaining strong growth momentum, with significant room for further expansion in the coming years. In 2025, total tilapia production reached approximately 420,000 tonnes, up 33% from 2024 and 2.2 times higher than in 2015. During 2015–2025, production grew at an average annual rate of around 8.4%. As production and exports continue to expand, food safety control is receiving increasing attention to ensure product quality, meet the increasingly stringent requirements of international markets, and provide a foundation for the sustainable development of Vietnam’s tilapia industry.
(seafood.vasep.com.vn) On the afternoon of August 19, 2026, as part of the Vietnam International Seafood Exhibition – Vietfish 2026, the Hosted Buyer Program continued with the seminar “Vietnam Seafood Outlook 2026–2027: A Strategic Sourcing Destination,” followed by 1-to-1 B2B meetings between international buyers and Vietnamese seafood businesses.
(seafood.vasep.com.vn) Speaking at the Opening Ceremony of VIETFISH 2026 on August 19 at the Saigon Exhibition and Convention Center (SECC), U.S. Consul General Melissa Brown highlighted the important role of the exhibition in connecting Vietnam’s growing seafood industry with buyers, suppliers, and partners from the United States and around the world.
(vasep.com.vn) Tomorrow, August 19, 2026, the Vietnam International Seafood Exhibition – Vietfish 2026 will officially open at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Taking place over three days, from August 19–21, Vietfish 2026 promises to provide a dynamic platform for business networking, trend updates, product experiences and comprehensive cooperation across the domestic and international seafood community.
(vasep.com.vn) The global tilapia market continues to grow, creating significant opportunities for countries with strengths in aquaculture, processing, and exports. Against this backdrop, Vietnam’s tilapia industry is gradually developing toward higher quality, greater product diversification, and broader market reach. At Vietfish 2026, the Vietnam Association of Seafood Exporters and Producers (VASEP), together with the VASEP Tilapia Producers and Exporters Club, will host a joint booth to promote the image and potential of Vietnamese tilapia to domestic and international buyers.
(seafood.vasep.com.vn) Vietnam’s seafood exports are heading towards $12 billion this year, potentially the highest level on record. Yet one of the country’s export strengths is facing a growing list of challenges.
(seafood.vasep.com.vn) The first six months of 2026 indicate that Vietnam’s tilapia industry is entering a new phase of development, with strong export growth but also greater demands for production scale, quality and international competitiveness.
(seafood.vasep.com.vn) Vietfish 2026, the Vietnam International Seafood Exhibition, will officially take place from 19–21 August 2026 in Ho Chi Minh City. As Vietnam’s largest annual seafood trade event, organized by the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietfish 2026 will once again bring together leading seafood companies, industry experts, and international partners from across the global seafood value chain.
(seafood.vasep.com.vn) Vietnam’s seafood exports reached USD 1.1 billion in July 2026, up 4.8% compared to the same period in 2025. Cumulative exports in the first seven months of the year totaled nearly USD 6.86 billion, an increase of 11.5% year-on-year. Exceeding the USD 1 billion mark in July further reinforces the prospect that Vietnam’s seafood exports could surpass USD 12 billion in 2026. However, the July figures also send a clear signal that the most favorable growth period may have passed: overall export growth slowed to just 4.8%, pangasius exports fell 6.1%, tuna exports were virtually flat, while exports to the EU, South Korea, and the Middle East all recorded double-digit declines.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the seminar "Global Seafood Market and the Future Workforce: Trends, Opportunities, and Sustainable Development Pathways for Vietnam's Seafood Industry" will take place from 2:00 p.m. to 4:15 p.m. on August 19, 2026, at Convention Room B, Level 2, SECC, Ho Chi Minh City. This is the first of five specialized seminars at Vietfish 2026, focusing on key issues that are shaping the long-term development of Vietnam's seafood industry.
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