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
(vasep.com.vn) On November 11, 2026, in Can Tho, the Vietnam Association of Seafood Exporters and Producers (VASEP) will organize the Vietnam Seafood Summit 2026 (VSS 2026) under the theme “Seafood Market Outlook 2027–2029: Opportunities and Headroom for Double-Digit Export Growth.”
(seafood.vasep.com.vn) Business leader Do Ngoc Tai, General Director of Tai Kim Anh Seafood Processing Joint Stock Company, was honored by the Vietnam Chamber of Commerce and Industry (VCCI) with the title “Outstanding Vietnamese Entrepreneur – Thanh Giong Cup 2026” at a ceremony celebrating Vietnam Entrepreneurs’ Day (October 13). The event took place on the evening of October 11, 2026, at the National Convention Center in Hanoi.
(vasep.com.vn) The global tilapia market is becoming increasingly segmented, not only among producing countries but also by product type and destination market. Supply is divided into groups with distinct competitive advantages: large volumes of whole fish and frozen fillets from Asia, high-value fresh fillets from Latin America, and substantial domestic consumption in several major producing countries.
(vasep.com.vn) Vietnam’s tuna exports to the UK grew in the first eight months of 2026, despite signs of slowing import demand in the market. However, sharp fluctuations in orders, competition from major suppliers, and new traceability requirements are creating challenges for Vietnamese exporters.
(seafood.vasep.com.vn) Vietnam is stepping up efforts to combat illegal fishing, protect marine ecosystems, expand digital monitoring, and develop science-based management to ensure the sea can support communities and the economy for generations to come.
(seafood.vasep.com.vn) The EU remains a critical market for Vietnamese shrimp; however, purchasing demand and import patterns are undergoing notable changes. According to Vietnam Customs data, as of September 15, 2026, Vietnam’s shrimp exports to the EU reached nearly $374 million, down 5% year-over-year and accounting for 10.7% of the country’s total shrimp export value. Meanwhile, the EU’s stotal shrimp imports through July 2026 contracted by 7% in volume, exhibiting divergent trends across Southern Europe, Northwestern Europe and Eastern Europe. These dynamics necessitate that Vietnamese enterprises closely monitor individualized market demand, rather than approaching the EU as a monolithic consumer block.
(seafood.vasep.com.vn) In the first eight months of 2026, Vietnam’s exports of surimi and fish cakes remained relatively stable year-over-year compared to 2025. Following a contraction in the initial months, export performance demonstrated improvement from June onward, peaking in August. However, the recovery has been uneven, characterized by divergent trends across major markets: robust growth was recorded in China, Japan, Malaysia, the United States, and Taiwan, whereas export volumes to South Korea, Indonesia, and select European markets contracted.
(seafood.vasep.com.vn) Pangasius remains one of Dong Thap’s key aquaculture species, with the province focusing on developing an integrated value chain covering seed production, commercial farming, deep processing and by-product utilization. The province is promoting high-tech, circular pangasius farming models featuring reduced water exchange and enhanced biosecurity, aiming to improve production efficiency and strengthen control over raw material quality.
(vasep.com.vn) Vietnam’s seafood exports in September 2026 are estimated at US$1.135 billion, up 11.9% year-on-year, bringing total exports in the first nine months of the year to US$9.103 billion, up 11.4%. Behind this double-digit growth, however, increasingly divergent market trends are emerging: China–Hong Kong and ASEAN posted strong growth, while the U.S., EU and Japan all recorded declines in September.
(vasep.com.vn) In the first eight months of 2026, Brazil became the largest market for Vietnamese tilapia, with export value reaching US$44 million, up 22,142% year-on-year and accounting for 49% of Vietnam’s total tilapia exports. In August alone, exports to Brazil reached US$4 million. However, behind this remarkable growth is a market that is imposing increasingly stringent requirements on imported supplies.
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
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