Vinh Hoan Corp: Revenue in the third quarter of 2021 increased by 17% thanks to the US market

News 08:00 25/10/2021 Le Hanh
(seafood.vasep.com.vn) Vinh Hoan Corp has just published a report for September 2021 with a revenue of VND 658 billion, bringing the total export revenue of the third quarter of 2021 to VND 2,128 billion, up 17% over the same period in 2020.

Vinh Hoan's September export revenue reached VND 658 billion, up 18% over the same period last year. Revenue in August 2021 is VND 705 billion, up 41% over the same period.

In the third quarter of 2021, the US is still Vinh Hoan's fastest growing export market. Particularly in September 2021, revenue to the US market reached VND 344 billion, up 79% over the same period last year and 17% over the previous month. Exports to the European market also increased by 11%. Two large markets with good growth have partly offset the decline of the Chinese market.

In September 2021, Vinh Hoan's exports to China decreased by 38% over the same period and 40% compared to August to VND 84 billion because the company had to reduce processing capacity to comply with policy requirements. Social distancing to fight Covid-19.

In terms of export structure, pangasius is still the company's main export product with a growth of 36%, health care products also increased by 36%, offsetting the decline of some other products.

Thus, in 9 months, Vinh Hoan's export revenue still increased by more than 15% over the same period in 2020 with the main growth driver being the US market.

Vinh Hoan expects the profit in the fourth quarter of 2021 to increase strongly again when capacity is strongly improved and the consumption market is favorable.

pangasius exports pangasius exporters vinh hoan corp

TIN MỚI CẬP NHẬT

Can Tho’s fisheries sector records 6.26% growth in 2025

 |  08:38 09/01/2026

(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.

Ca Mau completes all assigned tasks in fight against IUU fishing

 |  08:51 07/01/2026

(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.

Ca Mau: Shrimp Production Reaches Nearly 600,000 Tons, Exceeding 2025 Target

 |  08:44 05/01/2026

(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.

Shrimp exports over 11 months: Consolidating markets and maintaining growth momentum amidst trade pressures

 |  08:50 30/12/2025

(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.

Ca Mau’s fisheries maintains positive growth momentum

 |  08:56 26/12/2025

(seafood.vasep.com.vn) In 2025, the fisheries sector continued to stand out as a bright spot in Ca Mau’s economic landscape, maintaining positive growth in both output and value.

Pangasius exports surpass $2 billion in the first 11 months

 |  08:40 22/12/2025

(seafood.vasep.com.vn) By the end of November 2025, Vietnam’s total pangasius export turnover had exceeded the $2 billion threshold, registering a 9% compared with the same period in 2024. In November alone, pangasius exports reached $195 million, also posting a 9% increase year-on-year, underscoring a stable recovery trajectory for the sector in the final months of the year.

VASEP Data Power – A comprehensive data and tool ecosystem for Vietnam’s seafood businesses

 |  21:09 17/12/2025

Building on over three decades of trusted leadership, VASEP is proactively shaping a Dynamic Knowledge Ecosystem where data is transformed into actionable value and forward-looking insights for the business community

An Giang: Developing climate-resilient marine aquaculture

 |  09:01 16/12/2025

(seafood.vasep.com.vn) An Giang is focusing on expanding climate-adaptive marine aquaculture models, aiming for safe and sustainable production. This approach not only enhances economic efficiency but also helps fishermen stabilize their livelihoods amid weather fluctuations.

Vietnam pangasius in China: Stable demand, intensifying competition

 |  10:02 11/12/2025

(seafood.vasep.com.vn) In the first 10 months of 2025, Vietnam’s pangasius export value to China (including Mainland China and Hong Kong) reached $483 million, up 1% compared to the same period in 2024. October alone posted $73 million, a strong 19% increase year-on-year. The Chinese market currently accounts for nearly 27% of Vietnam’s total pangasius export value.

Vietnam’s lobster exports set for another strong surge in 2025

 |  08:58 09/12/2025

(seafood.vasep.com.vn) According to data from Vietnam Customs, the country’s lobster exports posted another strong month in October 2025, reaching $93 million - a 75% increase from the same month in 2024. This performance extends the sector’s impressive growth streak from earlier in the year, pushing cumulative exports for the first 10 months to $712 million, up an extraordinary 135% year-over-year. Within the product mix, green lobster remained the dominant driver, accounting for 98% of total export value, with $700 million recorded in the first 10 months - a 141% jump year-on-year. In contrast, exports of spiny lobster and other lobster varieties declined slightly by 22% and 1%, respectively, indicating that market demand is becoming increasingly concentrated on the most sought-after product line.

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