In August, finished shrimp output reached 2,888 tons, equivalent to 84% of the same period last year, while finished agricultural products reached 88 tons, doubling year-on-year. In terms of consumption, FMC sold 2,956 tons of finished shrimp, up 8%, and 181 tons of agricultural products, a slight 2% increase compared to August 2024.
The company’s consolidated revenue in August reached $40.16 million, a 32% increase year-on-year. For the first eight months, total sales were estimated at $214 million.
Regarding shrimp farming, Sao Ta stated that the company is renovating and preparing conditions for a new farming season once favorable weather returns.
Previously, FMC announced its Q2 2025 financial report, showing revenue of 1,876.44 billion VND, up 51% from Q2 2024, and net post-tax profit of 101.6 billion VND, a 21.8% increase. According to the company, the positive results were mainly driven by enhanced sales and efficient shrimp farming activities.
For the first half of the year, Sao Ta revenue growth of 43%, reaching 3,867 billion VND, while post-tax profit remained flat at 139.3 billion VND, achieving 59% of the annual revenue target and 32.6% of the profit plan.
According to a recent update from Bao Viet Securities, Sao Ta Foods has secured sufficient orders through the end of 2025. For the U.S market, the company’s management has adopted a cautious approach, avoiding excessive contracts to mitigate minimize tariff risks, selectively signing with long-term clients. Additionally, the company has proactively made provisions for costs related to countervailing duties, anti-dumping taxes and retaliatory tariffs for exports to the U.S.
On the stock market, during the morning trading session on September 8, FMC shares were temporarily dropped 0.53% to 37,800 VND per share.
(seafood.vasep.com.vn) June 2026 brought encouraging signs for Vietnam's tuna exports, with export value rising 20% year-on-year to nearly USD 72 million. However, this increase has yet to offset the prolonged slowdown seen in key markets such as the European Union (EU), where import demand remains weak. The outlook for the second half of the year is expected to become more challenging as freight rates continue to climb.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.
(seafood.vasep.com.vn) The Cooking Show will be one of the most engaging experiential highlights of Vietfish 2026. Taking place over three days, from August 19–21, 2026, at Hall B1, SECC, Ho Chi Minh City, the event will offer visitors a vibrant culinary space where Vietnamese seafood is showcased through its flavors, stories, and real-life culinary applications.
(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.
(seafood.vasep.com.vn) As part of Vietfish 2026, the International Seafood Hosted Buyer Program has been designed as a dedicated B2B matchmaking initiative for selected international buyers. The program provides opportunities to meet directly with Vietnamese seafood companies, gain market insights, and experience Vietnam's seafood supply chain firsthand.
(seafood.vasep.com.vn) A Story from Cà Mau’s Coast It’s 5 AM in Cà Mau. Minh, a third-generation fisherman, is ready to set sail. But unlike his father and grandfather, his boat no longer runs on an old diesel engine that burns fuel and clouds the sky with smoke. Instead, it’s powered by a hybrid engine that saves 40% fuel—funded by an ESG program from a major seafood exporter.
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