Minh Phu Seafood poured more than 600 billion VND into a high-tech agricultural company

News 10:23 22/06/2021 Lê Hằng
Minh Phu Hi-tech Agriculture Co., Ltd was established in October 2018 with the main activities of producing, cultivating, processing and exporting aquatic products, importing processing materials for export.

Minh Phu Seafood poured more than 600 billion VND into a high-tech agricultural company

Recently, Minh Phu Seafood Corporation (UPCoM: MPC) has announced the 2021 annual shareholder meeting document with some notable contents.

Accordingly, MPC's management has presented a fairly positive business plan to shareholders, with the target of revenue reaching VND 15,774 billion and profit after tax of VND 1,092 billion, up 10% and 62% respectively compared to that of  2020. If this profit target is achieved, MPC will record the highest business results in history.

Along with that, MPC expects this year's export volume to reach 61,500 tons, up 11.8%; export value reached 638 million USD, up 8.5% over the same period.

To realize this plan, MPC said it will continue to maintain its position as a leading seafood exporter. In addition to the strategy of sticking to main markets, the company plans to diversify shrimp consumption markets, increase export turnover of this product to the European market (EU) to take advantage of the EVFTA and UKVFTA agreements.

At the same time, the company will reduce exports to the US (main market), along with increasing sales in the markets of Australia and New Zealand, Japan and Canada. MPC will also research and expand more deeply processed products.

Currently, the company is continuing to accelerate the project of a sea water pipeline to regulate water for shrimp farming in Minh Phu Kien Giang farming area, which is expected to be put into operation in mid-2021. Besides, focusing on speeding up progress of the project of a high-tech industrial complex to develop a shrimp value chain with a scale of 10,000 ha in Kien Giang province.

minh phu seafood corp shrimp companies vietnam shrimp exporters

TIN MỚI CẬP NHẬT

Vietnam’s seafood 2025: Surging past headwinds and the the strategic pivot of market leaders

 |  09:05 27/01/2026

(seafood.vasep.com.vn) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.

Vietnam’s fisheries sector targets output of over 10 million tons in 2026

 |  09:42 23/01/2026

(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.

Sao Ta Achieves hits 2025 profit targets

 |  09:08 21/01/2026

(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.

10 strategic highlights of Vietnam’s fisheries industry in 2025

 |  07:45 19/01/2026

(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.

Vinh Long reaches 7,500 hectares of high-tech shrimp farming

 |  08:58 15/01/2026

(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.

Nghe An targets 270,000 tons of fisheries products by 2026

 |  08:46 13/01/2026

(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.

Can Tho’s fisheries sector records 6.26% growth in 2025

 |  08:38 09/01/2026

(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.

Ca Mau completes all assigned tasks in fight against IUU fishing

 |  08:51 07/01/2026

(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.

Ca Mau: Shrimp Production Reaches Nearly 600,000 Tons, Exceeding 2025 Target

 |  08:44 05/01/2026

(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.

Shrimp exports over 11 months: Consolidating markets and maintaining growth momentum amidst trade pressures

 |  08:50 30/12/2025

(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.

VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM

Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC