The thing that distinguishes it is in the scale of processing, processed products as well as the machinery and equipment for factory operations. The factory campus is nearly 6 hectares wide with four processing plants for separate products, all of which are value-added shrimp. The factory is equipped with 12 IQF freezers with a maximum processing capacity of about 20,000 tons of finished products per year, equivalent to 60 tons per day.
With this process, the factory is definitely in the top 10 largest shrimp processing factories in the country. At this location, the factory is very close to the largest shrimp material area in the country, accompanied with Quan Lo - Phung Hiep highway and Can Tho - Ca Mau freeway making it convenient for the export procedure. This scale costs nearly 400 billion VND and will create jobs for 4,000 workers.
In the era of Industrial Revolution 4.0 and the strong wind of digital transformation, seafood processing factories also raise the level of international competition. The effort of mechanizing and automating as many processing stages as possible to increase productivity, reduce dependence on labor, freeing up labor and increase product safety.
For the past 15 years, the application of compressor cascade to increase the depth of sound and cooling efficiency, shortening the product freezing time, saving energy, saving extra and fresher product. The factory is equipped with laser sizing machine, shrimp stretching device, automatic dough wrapping device, automatic finished product weighing device... This integration, although not absolute, is considered to be the leading in the moment. The processing capacity here has conditions to increase and the competitiveness increases accordingly - things that factory formed later always has such an advantage. However, that depends on the operator's perception and financial capacity. In fact, there are still many shrimp processing factories that are newly formed, smaller in scale, and left behind only a short time after operation.
Shrimp industry with an annual growth target of about 8%, is reaching about 8 billion USD in export turnover by 2030. The shrimp farming segment is showing many favorable signs such as the shrimp farming process and cooperation chains are getting gradually better; the new policy will help creating many shrimp farms of tens and hundreds of hectares, which will contribute to a significant reduction in shrimp prices; saltwater intrusion and climate change, from a positive perspective is an opportunity to expand the farming area… The processing segment is in sync with the farming segment.
In early 2021, Thuan Phuoc's An An factory was inaugurated and in the fourth quarter of 2022, Sao Ta's newly built factory will come into operation.
Minh Phu is building two processing plants at the same time with an even larger scale. Many other processing plants are being upgraded and expanded… Each large factory as mentioned above has the capacity to consume 30,000 - 50,000 tons of raw shrimp annually, ensuring that there is no excess of commercial shrimp, and keeping it intact. The selling price is quite stable, creating peace of mind for shrimp farmers.
The Vietnamese shrimp industry is ranked in the top of the world in terms of processing level. This new factory is probably at the top of our shrimp processing industry. It is something that matches the trend, shows its vision and enhances the increasingly fierce competition at home and abroad. I think this is more or less something to think about for new members who intend to participate in this strenuous activity - processing frozen shrimp for export.
Dr. Ho Quoc Luc - Former Chairman of VASEP, Chairman of the Board of Directors of FIMEX VN
Compiled by My Hanh
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
(vasep.com.vn) China’s shrimp imports continued to grow strongly in 2026, while Vietnam’s shrimp exports to the market also recorded notable growth. However, behind these positive figures lie two distinct trends: Chinese consumption is growing more slowly than imports, and lobster accounts for a substantial share of Vietnam’s shrimp exports to China, making its product mix significantly different from those of Ecuador and India. Exporters therefore need to assess each segment carefully to understand the opportunities and risks.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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