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

Vietnamese tilapia seeks opportunities to expand market share in the EU

 |  08:26 05/11/2026

(seafood.vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the EU reached more than USD 4 million, up 2% year on year. The EU accounted for 4% of total tilapia export value, ranking behind major markets such as Brazil, the United States, Saudi Arabia and the CPTPP bloc.

Sa Giang Honored Outstanding Cultural and Reputable Enterprises of 2026

 |  09:20 02/11/2026

(seafood.vasep.com.vn) On October 31, 2026, in Hanoi, Sa Giang Import-Export Corporation, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), was awarded the Top 30 Outstanding Cultural and Reputable Enterprises of 2026 certificate by the Vietnam Chamber of Commerce and Industry (VCCI). This group represents the most distinguished companies among the 100 enterprises honored at the “Cultural and Reputable Enterprises 2026” announcement ceremony.

Whitefish supply shortages create new opportunities for Vietnam's pangasius in the EU

 |  08:36 30/10/2026

(vasep.com.vn) In the first nine months of 2026, Vietnam’s pangasius exports to the EU reached approximately $148 million, up 12% compared to the same period in 2025. In September 2026 alone, export turnover to this market hit $18 million, a 27% year-on-year increase. Despite diverging demand across member states, the EU remains a market with growth potential for Vietnamese pangasius, particularly as supplies of several traditional whitefish species face mounting pressure.

Tuna exports to the US recover amid intensifying supply competition

 |  08:27 29/10/2026

(seafood.vasep.com.vn) Vietnam’s tuna exports to the US are showing a clear recovery after a difficult start to the year. However, the rebound is taking place against a backdrop of declining US tuna imports and a shifting supply structure, posing new challenges for Vietnamese businesses.

Shrimp exports to Japan: Opportunities in processed and value-added segments

 |  08:34 27/10/2026

(vasep.com.vn) In the first nine months of 2026, Vietnam’s shrimp exports to Japan reached US$440.9 million, up 6.4% year on year. This result is noteworthy as Japan’s total shrimp imports continued to decline slightly and competition among suppliers intensified. Demand for convenience foods and processed products continues to create opportunities for Vietnamese exporters, but capitalizing on these opportunities requires stronger competitiveness and the ability to meet increasingly specific market requirements.

Vietnam’s tuna exports recover, but why does uncertainty remain?

 |  08:39 22/10/2026

(vasep.com.vn) After slowing in the first months of the year, Vietnam’s tuna exports have shown a clear improvement since June 2026. However, behind September’s double-digit growth lies a notable reality: export value is recovering, but pressures from markets, trade policies, and competition among suppliers remain.

Vietnam’s Pangasius Exports Look to the UK, Japan, and EU for New Growth Momentum

 |  09:06 20/10/2026

(vasep.com.vn) Vietnam’s pangasius export value reached US$1.7 billion in the first nine months of 2026, up 11% year on year. In September alone, exports totaled US$210 million, an increase of 16%. China, the United States, and Brazil were the three largest markets, accounting for 49% of total export value. While China and Brazil maintained their growth momentum, exports to the US remained below the level recorded in the same period last year.

Vietnam Seafood Summit 2026: Exploring new growth opportunities for Vietnam’s seafood industry

 |  08:46 16/10/2026

(vasep.com.vn) On November 11, 2026, in Can Tho, the Vietnam Association of Seafood Exporters and Producers (VASEP) will organize the Vietnam Seafood Summit 2026 (VSS 2026) under the theme “Seafood Market Outlook 2027–2029: Opportunities and Headroom for Double-Digit Export Growth.”

Business leader Do Ngoc Tai: Vision, determination, and ambition to take Vietnam’s seafood industry further

 |  11:56 14/10/2026

(seafood.vasep.com.vn) Business leader Do Ngoc Tai, General Director of Tai Kim Anh Seafood Processing Joint Stock Company, was honored by the Vietnam Chamber of Commerce and Industry (VCCI) with the title “Outstanding Vietnamese Entrepreneur – Thanh Giong Cup 2026” at a ceremony celebrating Vietnam Entrepreneurs’ Day (October 13). The event took place on the evening of October 11, 2026, at the National Convention Center in Hanoi.

Global tilapia supply is being reshaped, opening new opportunities for Vietnam

 |  08:27 13/10/2026

(vasep.com.vn) The global tilapia market is becoming increasingly segmented, not only among producing countries but also by product type and destination market. Supply is divided into groups with distinct competitive advantages: large volumes of whole fish and frozen fillets from Asia, high-value fresh fillets from Latin America, and substantial domestic consumption in several major producing countries.

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