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) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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