Nam Viet Corporation (NAVICO, stock code ANV – HoSE) has released the documents for its 2025 Annual General Meeting of Shareholders, scheduled for June 28.
According to the documents, NAVICO has set a 2025 business targets with revenue projected between VND 6,200 and 7,000 billion and pre-tax profit expected to reach VND 500 billion—both significantly higher than previous years. Compared to 2024’s performance, this year’s profit goal is six times higher.
The company’s leadership stated that Nam Viet Corporation plans to deepen its involvement in the seafood value chain, focusing on enhancing quality and diversifying products, seeking new customers and maintaining strong production and processing capacity.
According to NAVICO’s leadership, the company is the world’s second-largest pangasius producer and exporter with a fully integrated production chain - from fingerling production, feed manufacturing and farming to processing. This includes 250 hectares of traditional farming areas supplying up to 120,000 tons of raw fish annually, and 600 hectares of high-tech farming zones developed since 2018, providing 250,000 tons of raw fish per year.
Additionally, NAVICO operates 10 feed production lines with a capacity of 100 tons of finished product per day, along with 4 processing plants with a combined designed capacity of 1,000 tons of raw material per day.
In Q1 2025, Nam Viet Corporation recorded net revenue of over 1,100 billion VND, up 9% year-on-year. The gross profit margin doubled compared to the same period, exceeding 20%. As a result, pre-tax profit reached 144 billion VND - five times higher than Q1 2024 and the highest quarterly profit in the past 11 quarters.
Compared to its full-year targets, NAVICO has achieved 15.7% of its annual revenue target and 29% of its profit target.
In early April 2025, Mr. Doan Toi – CEO and Vice Chairman of the Board of Nam Viet Seafood – stated that the company could record a profit of around VND 300 billion in the second half of 2025, driven by abundant export orders and production struggling to meet delivery demands. Demand in major markets is showing signs of recovery after a prolonged slowdown, boosting both consumption volume and selling prices.
Regarding potential risks from new U.S. tariff policies, Mr. Doan Toi noted that while the U.S. is a potential market for NAVICO’s pangasius and tilapia products, it is not the company’s primary focus. Instead, Nam Viet Corporation is prioritizing markets such as China, the Middle East, Brazil, Asia and Mexico.
Additionally, the company will focus on diversifying markets, cut unnecessary costs to minimize production expenses and automating production processes.
At the upcoming Annual General Meeting, NAVICO will also propose to shareholders a plan to pay a 2024 cash dividend at a 5% rate and a 2025 cash dividend at a 10% rate.
Acording to Industry & Trade Magazines
(seafood.vasep.com.vn) In the context of a global economy shifting powerfully toward green and sustainable values, Vietfish 2026 is far more than just a commercial trade fair. It has become a strategic rendezvous and a "comprehensive ecosystem"—a convergence of value, knowledge, and sustainable growth opportunities for the entire industry chain.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to Colombia continued their strong upward momentum in May 2026. Export value to the market reached USD 4 million, up 24% compared to the same month in 2025. Cumulative exports in the first five months of 2026 totaled USD 24 million, an impressive 48% increase year-on-year.
(seafood.vasep.com.vn) Hai Phong's aquaculture sector is accelerating the adoption of high technologies in aquaculture to adapt to climate change, with red tilapia and tilapia identified as the key cultured species for priority development.
(vasep.com.vn) Vietnam’s seafood exports reached nearly US$1.1 billion in June 2026, up 21.0% year-on-year. Cumulative exports in the first half of 2026 totaled nearly US$5.8 billion, representing a 12.8% increase compared with the same period last year. Exports to China and Hong Kong continued to accelerate, while shipments to the United States rebounded strongly in June. In contrast, exports to the EU, Japan, and the Middle East remained sluggish or recorded slight declines.
(vasep.com.vn) Tilapia is playing an increasingly important role in Vietnam’s aquaculture sector, driven not only by growing market opportunities but also by its ability to meet increasingly stringent requirements on quality, food safety, and traceability. In practice, tilapia farming in Vietnam is not a spontaneous or loosely regulated activity; rather, it operates under a comprehensive legal and technical framework covering the entire value chain—from hatcheries and farming to processing and exports.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 1.9 billion in the first five months of 2026, up 12% compared with the same period last year. Amid continued volatility in the global seafood market, this result demonstrates that the shrimp sector has maintained positive growth momentum, supported by improving demand in several Asian markets, particularly China.
(seafood.vasep.com.vn) On June 16, the Department of Agriculture and Environment of Ca Mau Province announced that the locality has established a farming area code for nearly 30,400 hectares of mud crab aquaculture and granted export facility codes to five enterprises eligible to export mud crab officially to markets such as China, Cambodia, Singapore, and the United Arab Emirates (UAE).
(seafood.vasep.com.vn) The United States remains one of the largest export markets for Vietnamese pangasius. In the first four months of 2026, pangasius exports to the US reached USD 106 million, up 4% compared to the same period in 2025. In April 2026 alone, export value totaled USD 38 million, marking a 20% year-on-year increase and the first positive growth recorded after an extended period of decline.
(seafood.vasep.com.vn) While Vietnam’s shrimp exports to many major markets continued to post positive growth in the first months of 2026, exports to the United States declined, highlighting growing competitive pressures and trade barriers facing the Vietnamese shrimp industry.
(seafood.vasep.com.vn) Egypt is emerging as one of the most promising destinations for Vietnamese tuna exports in 2026. During the first four months of the year, export turnover to this market exceeded USD 7.3 million, marking a sharp increase compared to the same period over the previous two years. As Egypt’s tuna imports continue to recover and demand for canned tuna remains strong, the market is becoming increasingly attractive for Vietnamese tuna processors and exporters.
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