Nam Viet Corp invested another 38 billion VND into the collagen extracted from fish skin project

News 08:17 09/09/2022
(seafood.vasep.com.vn) Amicogen Nam Viet Co., Ltd continued to receive additional capital contribution of 38 billion VND from Navico, with the representative of capital contribution being Mr. Doan Toi and Mr. Le Minh Tuan.

NAVICO (Navico; MCK: ANV) has just announced the Resolution of the Board of Directors on the additional capital contribution to Amicogen Nam Viet Co., Ltd.

The total additional capital contributed to the joint venture company with Nam Viet is 38 billion VND. ANV's capital contribution representative will be Mr. Doan Toi, General Director with 80% of total contributed capital and Mr. Le Minh Tuan with 20% of total contributed capital.

Previously, in March 2020, Amicogen Nam Viet Co Ltd was established with the goal of promoting the joint venture project between Navico and Amicogen. Amicogen Nam Viet Co., Ltd’s head office is located in Can Tho, with a charter capital of 46 billion VND; and Mr. Pham Huu Huong was elected as the director.

At the end of 2021, the company officially started construction of "Collagen peptide and gelatin (C&G) factory" - a joint venture project between Navico and Amicogen in the Thot Not industrial park, Can Tho City.

The factory is built with a capacity of 800 tons of finished collagen and gelatin products per year, according to Korean standards. Accordingly, fresh fish skin costs around 0.5 USD/kg, the price of  collagen can reach from 25-40 USD/kg.

The project to extract collagen peptides and gelatin from pangasius skin is part of Nam Viet's large-scale closed-loop production chain. This is also a strategic project in Navico's plan to transform the structure into value-added products.

 Extracting collagen from fish skin can make all use of fish and add value of Vietnam's fish products export

Currently, ANV's profit structure includes the following segments: frozen pangasius exports, raw fish farming, aqua feed processing, value-added product processing, by-products and solar power. ANV's management expects the profit of the first phase of the C&G factory to be $1.5 million, contributing 10% of the group's profit.

In terms of business results, the company's net revenue from sales and service provision in the second quarter of 2022 reached VND 1,294 billion, up 20% over the same period last year. In which, revenue mostly came from exports, reaching 900 billion VND. After deducting expenses, Nam Viet reported a profit after tax of more than 240 billion  VND , 10 times higher than in the second quarter of 2021.

ANV aims to earn a total revenue of 4,900 billion VND  and a profit before tax of 1,000 billion VND in 2022. Thus, with pre-tax profit of 509.9 billion dong accumulating in the first 6 months of the year, the company has completed 51% of the full year profit target.

Notably, recently from July 15 to August 9, Mr. Do Lap Nghiep, Chairman of Navico, matched orders to sell 450,000 shares for personal purposes in the context that the pangasius market was at a plateau compared to the first months of 2022. After completing the transaction, the number of shares that Navico's Chairman holds is only 19,000 shares, equivalent to 0.01%.

At the end of the trading session on August 22, 2022, ANV stock was at 52,000 VND/share, up 0.97% compared to the reference number.

Compiled by Thuy Linh

nam viet corp investment the collagen extracted from fish skin project

TIN MỚI CẬP NHẬT

Vietnam shrimp industry report 2021–2025: Overview and outlook to 2030

 |  10:51 13/03/2026

Shrimp has been the most important export product of Vietnam’s seafood industry for many years, typically accounting for 35–45% of the country’s total seafood export value. With a well-developed farming, processing, and export system, Vietnam has become one of the world’s leading shrimp exporters.

Global fish cake – surimi market amid the wave of turbulence from the Middle East

 |  09:09 12/03/2026

(seafood.vasep.com.vn) As geopolitical tensions in the Middle East continue to escalate, the global food market is facing increasing volatility in logistics costs, energy prices, and supply chains. In the seafood sector, alongside ocean-caught products such as tuna, the surimi-based product group—including fish cakes, crab sticks, fish balls, and other imitation seafood products—has also been affected to some extent by these developments.

Da Nang shrimp farmers cautiously enter the new season

 |  09:30 09/03/2026

(seafood.vasep.com.vn) According to the 2026 brackish-water shrimp farming calendar issued by the Da Nang Department of Agriculture and Environment, the 2026 crop started in early January and is expected to harvest in late June. However, stocking progress has been slower than planned as farmers remain cautious, focusing on pond renovation and production preparations.

Ha Tinh: Clam prices nearly double, farmers reap substantial profits

 |  09:30 06/03/2026

(seafood.vasep.com.vn) After the Lunar New Year of Binh Ngo 2026, commercial clam prices in Ha Tinh province surged sharply, nearly doubling compared to normal levels and standing about 20–30% higher than the same period last year. The spike has encouraged many aquaculture households to accelerate harvesting and sell large volumes to the market.

Shrimp exports in january 2026: strong start to the year, market sentiment stabilizes after POR19

 |  09:09 03/03/2026

(seafood.vasep.com.vn) In January 2026, Vietnam’s shrimp exports reached USD 379.6 million, up 22% compared to the same period in 2025. The double-digit growth in the very first month of the year signals a relatively positive recovery in orders, particularly in Asian markets.

Securing an FTA with the EU: Indian shrimp puts pressure on Vietnam's market share

 |  09:09 01/03/2026

(seafood.vasep.com.vn) From the very beginning of 2026, India’s shrimp industry has received a series of favorable trade signals: U.S. reciprocal tariffs have been reduced, while the successful conclusion of a Free Trade Agreement (FTA) with the EU has opened prospects for eliminating nearly all seafood tariffs in the coming years. This shift not only enables Indian shrimp to quickly offset declines in the U.S. market, but also reshapes the global competitive landscape, placing greater pressure on Vietnamese shrimp exporters in terms of price, market share, and strategic positioning.

Pangasius industry targets sustainable growth in 2026

 |  09:15 27/02/2026

(seafood.vasep.com.vn) Entering 2026, Vietnam’s pangasius industry is recording many positive signals, both in terms of raw fish prices and export prospects. Export turnover this year is projected to reach approximately USD 2.3 billion. Amid ongoing volatility in the global market, diversifying export destinations, reducing dependence on major markets, and effectively leveraging free trade agreements (FTAs) are considered key to maintaining sustainable growth and creating new momentum for the pangasius sector.

Can Tho: technical recommendations for brackish water shrimp farming in 2026

 |  09:09 25/02/2026

(seafood.vasep.com.vn) With forecasts indicating that weather conditions in 2026 may become more complex—featuring prolonged heatwaves, unseasonal rains, and increased salinity intrusion—the agricultural sector of Can Tho City advises brackish water shrimp farmers to strictly follow the seasonal farming calendar and strengthen pond environmental management to minimize risks and improve production efficiency.

Ho Chi Minh city reviews fishing vessel monitoring devices, steps up IUU prevention

 |  09:00 23/02/2026

(seafood.vasep.com.vn) On February 4, a working delegation led by the Authority of Telecommunications (Ministry of Science and Technology) met with the Management Board of Cat Lo Fishing Port (Phuoc Thang Ward, Ho Chi Minh City) to comprehensively review the installation of Vessel Monitoring Systems (VMS), assess signal connectivity, and evaluate the effectiveness of information technology applications in fisheries management across the city.

China’s lobster imports hit record in 2025, Vietnam’s green lobster surges

 |  10:31 21/02/2026

(seafood.vasep.com.vn) The year 2025 marked a significant milestone for China’s lobster market, with total imports reaching a record high and the supply structure undergoing major changes. Amid this surge, Vietnam’s lobster exports—especially green lobster—accelerated dramatically, reaching new highs and contributing substantially to Vietnam’s overall record shrimp export value.

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