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) 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.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s pangasius exports to CPTPP member countries reached nearly USD 128 million, accounting for 18% of the country’s total pangasius export value and increasing by 21% compared to the same period in 2025. Demand patterns varied significantly across the bloc: Mexico primarily imported fresh and frozen pangasius products, while Japan and Canada recorded substantial shares of processed products. Australia remained focused on frozen fillets but continued to maintain a portion of processed imports.
(seafood.vasep.com.vn) Despite the slow recovery of the U.S. market and continued trade-related challenges facing Vietnam’s shrimp industry, Minh Phu Seafood Corporation (MPC) has set ambitious targets for 2026. The company aims to produce 68,800 metric tons of finished shrimp products, generate consolidated revenue of VND 19.9 trillion, and achieve VND 1.059 trillion in pre-tax profit. If achieved, these figures would represent the highest revenue and profit levels in the company’s history.
(seafood.vasep.com.vn) HungHau Foods Joint Stock Company (HungHau Foods) has been honored at the 33rd Asia-Pacific Economic Forum, receiving two prestigious awards: “Top 10 Outstanding Asia-Pacific Enterprises 2026” and “Top 10 Outstanding Entrepreneurs” awarded to HungHau Foods CEO, Ms. Nguyen Yen.
(seafood.vasep.com.vn) After a period of sluggish imports in 2025, the Chinese market has returned with strong shrimp purchasing momentum in the first months of 2026. However, alongside rising demand comes an increasingly stringent import control system, covering quarantine requirements, food safety standards, registration procedures, and traceability. This makes China a market that offers both significant opportunities and growing risks for Vietnamese shrimp exporters.
(seafood.vasep.com.vn) Recently, in Long Xuyen City, An Giang Province, the Institute of Policy and Strategy for Agriculture and Rural Development (IPSARD) and the University of Economics Ho Chi Minh City (UEH) organized a workshop to announce the results of the project “Food Loss Assessment in the Pangasius Value Chain in the Mekong River Region.” The project aims to provide scientific evidence to support the sustainable development of Vietnam’s pangasius industry.
(seafood.vasep.com.vn) Shrimp prices in Vietnam’s Mekong Delta have recovered since early May, helping to improve farmers’ confidence and accelerate stocking activities for the 2026 farming season. However, farmers remain cautious due to rising input costs, unfavorable weather conditions, and disease risks.
(seafood.vasep.com.vn) On May 27, the Vietnam Trade Office in India, in collaboration with trade promotion agencies, industry associations, and businesses from both countries, organized the online seminar “Vietnam–India Seafood Trade Forum and Supply-Demand Connectivity 2026.” The event aimed to promote trade cooperation, investment, and seafood supply chain connectivity between Vietnam and India amid the ongoing restructuring of global markets.
(seafood.vasep.com.vn) In recent years, Ninh Binh Province has intensified the application of science and technology in aquaculture in order to improve productivity, product quality, and economic efficiency.
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