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 outlook for Vietnam’s seafood exports remains positive, with a strong focus on maintaining growth in key markets like China and the U.S., while diversifying into new regions. As global trade policies continue to evolve, adaptability and strategic planning will be key to navigating the challenges ahead.
(seafood.vasep.com.vn) Thanks to improved pangasius prices and higher production, Vĩnh Hoàn's after-tax profit in Q4 2024 reached VND 440 billion, a 4.8-fold increase compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam’s Customs, in Q4 2024, Vietnam’s pangasius exports to China & Hong Kong reached USD 163 million, a 17% increase compared to the same period in 2023, with consistent growth across all months. The total value of pangasius exports to China & Hong Kong for 2024 reached USD 581 million, a 1% increase over the previous year.
Vietnam’s seafood exports are projected to maintain strong growth this year, potentially reaching 11 billion USD.
(seafood.vasep.com.vn) In the final quarter of 2024, Vietnam’s surimi and fish cake exports showed consistent growth over the last three months. For the entire year 2024, exports of these products reached USD 298 million, down 2% compared to 2023. However, the final quarter saw more promising signs for the surimi and fish cake export sector, with some markets experiencing notable growth, such as Thailand, China, and Taiwan. Particularly, exports to Taiwan, which had seen continuous declines in the previous two quarters, surged by 301% in this quarter.
(seafood.vasep.com.vn) Another year of pride for Vietnam's pangasius exports has concluded, reaching over USD 2 billion and contributing 20% to Vietnam's total seafood export turnover.
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
(seafood.vasep.com.vn) Despite facing numerous challenges in the second half of the year, Vietnam's canned tuna exports concluded 2024 with a 17% increase compared to 2023, reaching USD 299 million. To maintain this growth momentum in 2025, the canned tuna production and export sector requires coordinated efforts from all stakeholders.
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
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