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) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
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