Sao Ta Foods Joint Stock Company (stock code: FMC - HoSE) has announced its business performance for the first six months of 2025, reporting robust growth in shrimp production and sales. The company achieved a finished shrimp output of 14,260 tons, up 32% year-on-year, while finished shrimp sales reached 11,452 tons, marking a 37% increase compared to the same period last year.
In the agricultural products segment, the company recorded a production volume of 554 tons and a consumption volume of 481 tons, down 21% and 23%, respectively, compared to the same period in 2024.
As a result, Sao Ta Foods estimates first-half revenue at 135.6 million USD, a 43% increase over the same period in 2024. The company’s leadership stated that stable consumption contracts, coupled with strong shrimp farming productivity will contribute to lower production costs and increased processed output in the near future. The company is currently in the process of harvesting shrimp from its own farming zones.
As reported by Industry and Trade Magazine, before the end of 2024, Sao Ta Foods JSC (stock code: FMC - HoSE) undertook an aggressive move by stocking shrimp during the off-season, a period when few farmers are active. This bold strategy aimed to secure higher selling prices amid limited market supply, capitalize on lower feed costs, and reduce the risk of disease outbreaks commonly associated with the peak farming season.
Additionally, Sao Ta Foods isactively pursuing a market diversification strategy, focusing on high-potential markets such as Canada, Australia, and South Korea. Despite these being among the most demanding markets globally, Sao Ta’s leadership is confident in meeting the strict standards thanks to its well-managed farming zones, consistent product quality, and alignment with consumer preferences.
Sharing further insights on business performance, Sao Ta Foods’ leadership reported an estimated consolidated profit of approximately 170 billion VND for the first six months of 2025. In reality, profits could have been higher, as export shipments to the U.S required a provision of nearly 8% of sales due to audit requirements stemming from the impact of two anti-dumping (AD) and countervailing duty (CVD) lawsuits in this market.
On July 22, 2026, the Government issued Decree No. 292/2026/ND-CP detailing certain articles and providing measures for the organization and implementation of the Law on Foreign Trade Management. The Decree takes effect on September 5, 2026, replacing Decree No. 69/2018/ND-CP.
(vasep.com.vn) Vietnamese pangasius producer Vinh Hoan has won the top prize at the 2026 Seafood Excellence Asia Awards for its Cured Panga Croquette, highlighting the growing potential of value-added pangasius products in international markets.
(vasep.com.vn) The Global Shrimp Forum (GSF) 2026 is taking place from September 1–3 in Utrecht, the Netherlands, bringing together around 585 delegates from 40 countries, representing approximately 300 companies and organizations across the shrimp supply chain. Representatives from VASEP are attending the event as part of the Vietnamese delegation, strengthening connections with partners across the global shrimp industry.
(vasep.com.vn) At the international B2B seminar (Hosted Buyer Program) held as part of Vietfish 2026, Mr. Nguyen Hoang Pham, Sales Director of Tai Kim Anh Seafood Processing Joint Stock Company, delivered a presentation entitled “Vietnam’s Shrimp Industry: Changing for Sustainability.” From the perspective of a seafood processor, the presentation highlighted that Vietnam’s shrimp industry continues to play a leading role in seafood exports, but is entering a new phase of competition in which change is no longer an option, but a prerequisite for growth.
(seafood.vasep.com.vn) VIETFISH 2026 may have concluded after three dynamic days in Ho Chi Minh City, but conversations around the exhibition continue to resonate across international trade media, industry organizations, and the social media channels of participating companies.
(seafood.vasep.com.vn) Vietnam’s tilapia industry is maintaining strong growth momentum, with significant room for further expansion in the coming years. In 2025, total tilapia production reached approximately 420,000 tonnes, up 33% from 2024 and 2.2 times higher than in 2015. During 2015–2025, production grew at an average annual rate of around 8.4%. As production and exports continue to expand, food safety control is receiving increasing attention to ensure product quality, meet the increasingly stringent requirements of international markets, and provide a foundation for the sustainable development of Vietnam’s tilapia industry.
(seafood.vasep.com.vn) On the afternoon of August 19, 2026, as part of the Vietnam International Seafood Exhibition – Vietfish 2026, the Hosted Buyer Program continued with the seminar “Vietnam Seafood Outlook 2026–2027: A Strategic Sourcing Destination,” followed by 1-to-1 B2B meetings between international buyers and Vietnamese seafood businesses.
(seafood.vasep.com.vn) Speaking at the Opening Ceremony of VIETFISH 2026 on August 19 at the Saigon Exhibition and Convention Center (SECC), U.S. Consul General Melissa Brown highlighted the important role of the exhibition in connecting Vietnam’s growing seafood industry with buyers, suppliers, and partners from the United States and around the world.
(vasep.com.vn) Tomorrow, August 19, 2026, the Vietnam International Seafood Exhibition – Vietfish 2026 will officially open at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City. Taking place over three days, from August 19–21, Vietfish 2026 promises to provide a dynamic platform for business networking, trend updates, product experiences and comprehensive cooperation across the domestic and international seafood community.
(vasep.com.vn) The global tilapia market continues to grow, creating significant opportunities for countries with strengths in aquaculture, processing, and exports. Against this backdrop, Vietnam’s tilapia industry is gradually developing toward higher quality, greater product diversification, and broader market reach. At Vietfish 2026, the Vietnam Association of Seafood Exporters and Producers (VASEP), together with the VASEP Tilapia Producers and Exporters Club, will host a joint booth to promote the image and potential of Vietnamese tilapia to domestic and international buyers.
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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Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
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