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) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.
(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.
(seafood.vasep.com.vn) Shrimp and pangasius continued to lead growth, helping seafood exports reach $4.67 billion in the first five months of the year; however, differentiation among product groups and increasingly stringent requirements from importing markets are posing many challenges for the industry.
(seafood.vasep.com.vn) Every day, the seafood processing industry in Ca Mau generates large quantities of shrimp heads and shells during processing operations. In the past, these by-products were largely treated as waste, increasing production costs and posing potential environmental risks. However, thanks to advanced processing technologies, materials once considered waste are now being transformed into high-value products, creating a circular economy model within the seafood industry.
(seafood.vasep.com.vn) Vietnam Clean Seafood Corporation has invested in a 280-hectare super-intensive shrimp farming zone in Tran De Commune, Can Tho City, generating export value of approximately VND 3 billion per hectare per year—around 50 times higher than traditional agricultural production.
(vasep.com.vn) Vietnam’s seafood exports reached USD 1.02 billion in May 2026, up 0.6% year-on-year. Cumulative exports in the first five months of 2026 totaled USD 4.67 billion, an increase of 11% compared to the same period in 2025.
(seafood.vasep.com.vn) In a rapidly changing global seafood market, timely insights and reliable data are more critical than ever. The Report on Vietnam Seafood Exports in Q1/2026 provides a comprehensive overview of the latest developments in Vietnam’s seafood production, trade performance, and export trends, helping businesses navigate uncertainty and identify new growth opportunities.
(seafood.vasep.com.vn) While many major markets continue to experience slow growth, Russia has emerged as a brighter destination for Vietnamese tuna exports in early 2026. Export turnover to this market increased by nearly 55% in the first four months of the year, indicating a clear improvement in demand. Nevertheless, Russia remains a market that should be viewed with both optimism and caution.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
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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