Currently, Vinh Hoan Corp is the largest pangasius export corporation in Vietnam, continuously leading in pangasius export turnover from 2009 to the present. In 2021, Vinh Hoan's export turnover reached nearly 400 million USD. Consolidated revenue of the whole corporation reached 9,060 billion VND, profit after tax 1,110 billion VND, up 54% compared to the previous year. Ms. Vi Tam is running a corporation with 10,000 employees, 600 hectares of farming area, and the total capacity of processing factories is 1,000 tons of pangasius/day.
After six years of taking the executive role at Vinh Hoan, with the support of the founding shareholders, Ms. Vi Tam led the company to operate professionally and develop in scale, consolidate its leading position in the industry and develop steadily in major markets such as the United States and the EU. During the COVID-19 pandemic, Vinh Hoan implemented a three-on-the-spot (eat/ live/ work on the spot) production method for 6,000 workers, so as to maintain safe production and meet export orders on schedule.
Ms. Vi Tam holds a Master's degree in Business Administration from the Maastricht University of Management in the Netherlands. She graduated from Ho Chi Minh City Law University, worked for YKVN law firm, advised Vinh Hoan in the anti-dumping case into the US market, got noticed by Vinh Hoan's founder for her capabilities, and was then invited to join Vinh Hoan.
Compiled by Minh Trang
(seafood.vasep .com.vn) The return of Donald Trump to the White House for a second term will bring significant impacts on Vietnam, particularly its pangasius export sector. Trump's economic policies, such as raising import tariffs, reducing corporate income taxes, and attracting foreign direct investment (FDI) back to the US, are expected to directly influence various industries in Vietnam.
(seafood.vasep.com.vn) The UAE ranked 16th among importers of Vietnamese shrimp from 2018 to 2022, accounting for approximately 0.5% of Vietnam's total shrimp export value. Annually, Vietnam exported around US$20 million worth of shrimp to this market.
(seafood.vasep.com.vn) The company also announced that its farms are well-prepared and will begin stocking in mid-November when the weather conditions are favorable.
(seafood.vasep.com.vn) To maximize natural advantages and increase the value of local aquatic products, Ca Mau province is promoting the ecological shrimp farming model under mangrove forests. This model not only brings high profits to people thanks to businesses committing to purchasing products at prices 10-20% higher than the market price but also aims for sustainable development and environmental friendliness.
(seafood.vasep.com.vn) The Comprehensive Economic Partnership Agreement (CEPA) between Vietnam and the United Arab Emirates (UAE) was signed after just over a year of negotiations. With high demand for premium seafood in the UAE, particularly for shrimp and tuna products, Vietnam’s tuna industry is expected to gain increased export opportunities and higher product value thanks to the preferential terms of the CEPA.
(seafood.vasep.com.vn) In October 2024, seafood exports from Vietnam are estimated to exceed $1 billion, marking a 28% increase compared to the same period last year. This achievement signifies the first return to the $1 billion milestone in 27 months, since June 2022, providing a significant boost for Vietnamese seafood enterprises.
(seafood.vasep.com.vn) Under the theme "Dong Thap Pangasius: Green Journey - Green Value," the Dong Thap Pangasius Festival 2024 will take place over two days, November 16th and 17th, at Vo Nguyen Giap Square in Hong Ngu City.
(seafood.vasep.com.vn) The Department of Agriculture and Rural Development of Kien Giang has announced a plan to stabilize the biosafety rice-shrimp production area at 117,340 hectares by 2030.
(seafood.vasep.com.vn) According to the Department of Fisheries in Ca Mau, the total aquatic product output in the region is estimated at 536,140 tons as of October 17, achieving 82.23% of the annual plan and marking a 1.74% increase compared to the same period last year. Within this total, shrimp production stands at 208,495 tons, reaching 82.41% of the planned target and showing a 2.23% increase year-over-year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, pangasius exports to Iraq have surged significantly in the first nine months of 2024, marking the highest levels seen in three years. This upward trend has positioned Iraq as a key market for Vietnamese pangasius, even surpassing Iran, traditionally regarded as a gateway for trade between Vietnam and the Middle East.
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