Thuan Phuoc Corporation (THP) has successfully held the Annual General Meeting of Shareholders in 2023 with a number of notable contents approved.
Accordingly, the Congress approved the business target in 2023 with a total revenue of 2,300 - 3,000 billion VND; export turnover is from 100 - 130 million USD; export output strives from 8,500 - 11,500 tons; pre-tax profit from 20-25 billion dong.
In addition to maintaining traditional markets, THP aims to diversify export markets, take advantage of FTAs to increase export turnover. The Company also aims to renovate farming ponds in Dien Mon, Dien Hoa to soon put the ponds into operation. Besides, the company researches and expands the depth products with high added value.
In 2022, THP surpassed its goal by 4.9% and 30%, respectively.
THP's export turnover reached 134.2 million USD , export output reached 11,305 tons in 2022. Total revenue recorded VND 3,146 billion and profit before tax reached VND 26 billion, up 17% and 27.4% respectively compared to 2021.
Last year, THP set a total revenue target of VND 3.000-3.500 billion, set profit before tax of VND 20-22 billion. With the result achieved, the company surpassed its goal by 4.9% and 30%, respectively.
THP was founded in 1987, the company mainly operates at producing and exporting frozen seafood products, agricultural products, food technology, import materials, machinery and equipment, technology, means of transport and consumer goods..
In recent years, THP has always been in the top 10 seafood exporters and in the top 5 largest shrimp exporters of Vietnam.
Compiled by Thuy Linh
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(seafood.vasep.com.vn) According to statistics from Vietnam Customs, the country’s total canned tuna export value in 2025 reached over USD 275 million, down 8% compared to 2024. Vietnamese canned tuna products were present in approximately 80 markets worldwide. However, the 2025 picture shows clear divergence: the U.S. maintained stability, the EU declined sharply, while several Middle East–North Africa (MENA) markets accelerated.
(seafood.vasep.com.vn) In 2025, Vietnam’s crab exports reached nearly USD 86 million, up almost 6% compared to 2024. A notable feature of 2025 was the strong market concentration in the United States, which accounted for more than 81% of Vietnam’s total crab export value, up 10% from the previous year. In contrast, exports to several Asian markets declined significantly, resulting in only modest overall growth for the year.
(seafood.vasep.com.vn) In 2025, Vietnam’s tilapia exports recorded impressive growth, with total export turnover reaching over USD 99 million, highlighting the increasingly important role of this product in the country’s seafood export structure. Of this total, tilapia fillets and other fish meat products accounted for USD 61 million, representing 61% of total export value and reaffirming their position as the key product category.
(seafood.vasep.com.vn) Shrimp seed quality is considered the “first link” and a decisive factor affecting the efficiency of the entire commercial shrimp production chain. High-quality seed directly influences survival rates, growth performance, and disease resistance, thereby determining production costs, productivity, and farmers’ profitability.
(seafood.vasep.com.vn) As part of its agricultural restructuring strategy toward sustainability, Quang Tri Province is gradually promoting environmentally friendly aquaculture models. Among these, organic-oriented golden pompano farming is considered a promising direction, aligned with the goals of enhancing production value and building sustainable rural areas.
(seafood.vasep.com.vn) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.
(seafood.vasep.com.vn) Amid the increasingly evident impacts of drought and saltwater intrusion, the shrimp-rice production model in Ca Mau province continues to prove itself as a viable direction, contributing to higher farmer incomes, improved soil conditions and the promotion of ecological and sustainable agricultural development.
(seafood.vasep.com.vn) The management of fishing vessels, monitoring of fishing activities, and handling of violations in the fisheries sector in Lam Dong province have continued to be implemented in a synchronized and stringent manner, contributing to raising awareness of legal compliance among fishermen and aiming to end illegal, unreported and unregulated (IUU) fishing.
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