In the first 5 months of 2022, Vinh Hoan recorded a revenue of 6.432 billion VND, up nearly 90% compared to the same period in 2021. Pangasius's products generated 1,036 billion VND in revenue, up 101% from May 2021 but down 11% from the previous month.
By market, the US market's revenue continues flourishing with a growth rate of 157%, reaching 812 billion VND over the same period last year but a loss of 19% to the previous month. The second market has seen a significant gain is the domestic market, which has risen to 256 billion VND, an increase of 100% however a decrease of 4% to April. The two markets, China and Europe, saw an increase in revenue compared to the same period last year and also the previous month.
Vinh Hoan's business results grew strongly in the context of the pangasius industry having many advantages. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), after 2 years of restraint because of the Covid-19 pandemic, the demand in markets is recovering and exploding. The supply in the markets was not enough to meet the demand causing inflation to increase. The record high food and seafood price in the world has created favorable conditions for Vietnam's pangasius exports; sales have increased sharply, especially to the US, EU and China markets.
Vietnam seafood exports fell in May after hitting a new record of 1.1 billion USD in April, but still achieved 1 billion USD, a 27% increase over the same period previous year. Accumulating 5 months, seafood export reached 4.6 billion USD, up 42% over the same period last year. In which, shrimp exported 1.8 billion USD, up 38%; pangasius reached 1.2 billion USD, up 90% compared to the same period last year. Shrimp exports went up by 38% to 1.8 billion dollars, while pangasius exports increased by 90% to 1.2 billion dollars.
Also related to Vinh Hoan, the company has just announced that it has sold all 1,430,930 treasury shares at a price of more than 107.000 VND/share and earned 154 billion VND.
The transaction using agreement or order matching was conducted through the trading system of the Ho Chi Minh Stock Exchange from May 30 to June 14. After successfully performing the transaction, the number of treasury shares of the company returned to zero.
Previously, on May 19, Vinh Hoan announced that it would sell more than 1.4 million shares to increase working capital for production and business activities. This decision takes place while the company's stock price is trading at a highest price ever since it’s listed on the market (December 24, 2007). On April 30, Vinh Hoan's share price reached 117.000 VND/share, then dropped to 102.000 VND/share in the session ending June 16.
After successfully selling treasury stocks, Vinh Hoan plans to issue ESOP stocks to its key leaders in the near future.
Compiled by Thuy Linh
Source: ETime
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain increased by 13% compared to 2024. This growth trend has continued into the first two months of 2026. According to Vietnam Customs statistics, export turnover to this market reached nearly USD 3 million in January–February 2026, up 101% year-on-year and significantly higher than the same period in 2024. This development indicates that Spain is once again becoming a notable destination for Vietnamese tuna amid strong demand for tuna raw materials and products in Europe.
(seafood.vasep.com.vn) The 2026 brackish water shrimp farming season in the Mekong Delta has started earlier than usual, mainly driven by positive market signals, as shrimp prices in 2025 remained high and supply was limited. Many enterprises and farms in Cần Thơ, Cà Mau, and Vĩnh Long have proactively stocked early to seize opportunities. By early 2026, stocking areas in many localities had reached a high proportion of planned targets, with intensive and high-tech farming models expanding rapidly.
(vasep.com.vn) Vietnam’s tilapia exports to the United States recorded remarkable growth in 2025, opening up major opportunities while also presenting considerable challenges. The U.S. remains the largest importer of Vietnamese tilapia fillets, with export turnover reaching USD 40 million—an increase of up to 499% compared to 2024. This impressive growth reflects strong demand in the U.S. market, as supply from competing countries such as China has been constrained by tariffs and rising production costs.
(seafood.vasep.com.vn) Pangasius remains a strategic export commodity in Vietnam’s seafood sector. Entering 2026, the industry faces a strong need to transition from volume-based growth to a value-driven development model, with a focus on quality, food safety, and sustainability.
(seafood.vasep.com.vn) Following damage caused by Storm No. 13 in late 2025, brackish water shrimp farming in Gia Lai is being rapidly restored. In key farming areas such as Tuy Phước and Tuy Phước Đông, farmers are focusing on rehabilitating ponds, repairing infrastructure, and treating the environment in preparation for the 2026 crop.
(seafood.vasep.com) Facing the decline in fishery resources, Vietnam is accelerating livelihood transitions for fishermen to reduce fishing pressure and move toward sustainable development. Marine fish stocks have dropped significantly from 4.82 million tons in 2000–2005 to 3.95 million tons in 2016–2020.
(seafood.vasep.com.vn) Vietnam’s shrimp industry is entering a period of strong transformation with the emergence of various high-tech farming models, helping improve productivity and competitiveness. Over the past 5–10 years, farming practices have shifted from traditional methods to intensive and super-intensive systems, featuring lined ponds, environmental sensors, automated feeding, and data management.
(seafood.vasep.com.vn) With a focus on sustainable development, high-tech application, and climate change adaptation, An Giang Province aims to maintain its brackish water shrimp production in 2026 at a level equivalent to the previous year. Specifically, output is projected to reach over 155,510 tons, serving both domestic consumption and export processing, thereby sustaining the fisheries sector’s key role in the local economic structure.
(seafood.vasep.com.vn) In the Mekong Delta, key pangasius farming provinces such as An Giang, Dong Thap, and Can Tho are accelerating the transition toward a circular economy model, contributing to higher product value and reduced environmental impact. Instead of focusing solely on farming and processing, the pangasius value chain is increasingly utilizing by-products and waste streams to generate added value.
(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.
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
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