Vinh Hoan Corp: Export revenue in 6 months increased by 15%

News 08:04 26/07/2021 Lê Hằng
(seafood.vasep.com.vn) Export revenue of Vinh Hoan Corp in June 2021 reached VND 713 billion, up 15%, of which the US market brought in nearly VND 300 billion, up 77%. Exports to the EU and China markets decreased due to the impact of the new strain of Covid-19 epidemic. Accumulated in the first 6 months, Vinh Hoan recorded export revenue of 3,991 billion dong, up 15.6% over the same period last year.

According to Vinh Hoan Corp, the US market is recovering the food service and restaurant industries. This is also the market with the strongest growth with 77%. While exporting to the EU, China recorded a decline before the risk of a re-emergence of the Delta variant Covid-19 epidemic.

Most of Vinh Hoan's revenue comes from exporting raw and processed products. Compared to the same period, the wellness product group including collagen and gelatin decreased by nearly 40% in revenue in June while value-added products increased by 19% but accounted for a negligible proportion of total revenue.

For the Chinese market (excluding Hong Kong),  the first half of this year's revenue recorded a 50% increase with revenue of VND 570 billion, equivalent to 14% of export value to the country. outside of Vinh Hoan.

Meanwhile, the EU market group, accounting for 16% of Vinh Hoan's total exports, recorded a decline of 12% in the first half of the year. Total export value to EU reached 648 billion VND.

At the end of June, the US Department of Commerce (DOC) announced the final results of the 16th review (POR16) for Vietnamese pangasius products imported to the US from August 1, 2018 to July 31, 2019. Accordingly, Vinh Hoan and another exporter are entitled to the same anti-dumping tax rate of 0 USD/kg to this market.

Vinh Hoan Corp is the biggest pangasius export company in Vietnam with export turnover of US$235.33 million in 2020.

Bạn đang đọc bài viết Vinh Hoan Corp: Export revenue in 6 months increased by 15% tại chuyên mục News của Hiệp hội VASEP
vietnam pangasius exports in 2021 vietnam pangasius exporters vinh hoan corp

TIN MỚI CẬP NHẬT

Vietnam's Shrimp Exports to the UK are More Favorable After the UK's Accession to the CPTPP

 |  09:00 14/03/2025

In January 2025, Vietnam's shrimp exports to the UK reached over 16 million USD, an 8% increase compared to the same period last year. The UK is the sixth-largest individual market for Vietnam’s shrimp imports, accounting for 5.5% of the total shrimp exports to various markets. Shrimp also holds the largest share (70%) in Vietnam’s total seafood exports to the UK.

Central province works to remove IUU fishing violations

 |  09:24 13/03/2025

Nguyễn Đức Bình, vice director of Quảng Ngãi Province's Department of Agriculture and Rural Development, said that 4,259 out of 5,194 fishing boats (82 per cent) had registered for operations at sea.

Vietnam seafood exports in the first 2 months of 2025 and market fluctuations

 |  09:21 12/03/2025

(seafood.vasep.com.vn) The first two months of 2025 recorded positive signals in Vietnam's seafood export activities, with total revenue reaching USD 1.423 billion, growing 18.2% compared to the same period in 2024. In February 2025, the export value hit USD 655.197 million, showing an impressive growth of 42.6%.

Kiên Giang Enhances Efforts to Combat Illegal Fishing Activities

 |  09:14 11/03/2025

(seafood.vasep.com.vn) Kiên Giang Province, home to over 13,000 fishing vessels, is intensifying efforts to combat illegal, unreported, and unregulated (IUU) fishing. Faced with challenges from offshore fishing, many vessels have shifted to near-shore fishing using destructive methods, severely damaging marine ecosystems.

Vinh Hoan Corporation (VHC): Maintaining Leadership in the Pangasius Export Industry and Growth Prospects for 2025

 |  09:07 07/03/2025

(seafood.vasep.com.vn) Vinh Hoan Corporation (HOSE: VHC) continues to solidify its position as the leader in Vietnam's pangasius export industry with impressive business results in 2024 and positive prospects for 2025. Factors supporting growth, such as recovering demand, improved selling prices, and favorable international trade policies, make Vinh Hoan one of the top stocks to watch in investment portfolios for 2025.

Việt Nam adapts agricultural exports to market fluctuations

 |  09:08 05/03/2025

Amid global trade uncertainties, Việt Nam is prioritising compliance with international market requirements to maintain and expand its agricultural exports.

VinFast and VASEP sign MoU to promote green transformation

 |  09:22 04/03/2025

On February 26, 2025, VinFast and the Vietnam Association of Seafood Exporters and Producers (VASEP) signed a comprehensive cooperation agreement to strongly promote green transformation goals. The collaboration between the two parties will contribute to the realization of the country’s sustainable development goals and help elevate the Vietnamese brand on the international market.

Ca Mau implements multifaceted solutions for shrimp farming development

 |  09:07 28/02/2025

(seafood.vasep.com.vn) In 2024, the total brackish water shrimp farming area in Ca Mau reached 278,600 hectares, with a shrimp output of 242,000 tons. This output achieved 99.59% of the set target and marked a 4.57% increase compared to the same period last year. The average shrimp yield attained 869 kilograms per hectare per year, representing a 38 kilograms per hectare per year increase compared to 2023. Shrimp export turnover reached USD 1.12 billion, positioning Ca Mau amongst the nation's leading localities in this sector.

Ben Tre Province poised to achieve 4,000-hectare target for high-tech shrimp farming development

 |  09:55 26/02/2025

(seafood.vasep.com.vn) In 2024, Ben Tre province expanded its high-technology application in aquaculture by an additional 523 hectares, surpassing the planned target of 500 hectares and achieving a fulfillment rate of 104.6%. To date, the province has converted 3,633 hectares to high-tech aquaculture out of the 4,000-hectare goal, representing 90.82% progress towards the 2021-2025 phase plan. This sector yields an average productivity of 60-70 tons per hectare, with a total output reaching 221,282 tons. The average profit margin ranges from VND 700 to 800 million per farming season, delivering substantial economic benefits to the local populace.

Sustainable development plan for Vietnam’s brackish water shrimp industry in 2025

 |  09:19 24/02/2025

(seafood.vasep.com.vn) In 2025 In 2025, Vietnam's brackish water shrimp industry will continue to grow sustainably, enhancing value-added products with strong contributions from local authorities and the business community.

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

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC