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 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.
(seafood.vasep.com.vn) – On March 19, at the Government Headquarters, Prime Minister Pham Minh Chinh held a meeting with the European Commission (EC) inspection delegation on combating illegal, unreported and unregulated (IUU) fishing, led by Mr. Fernando Andresen Guimaraes, Head of Unit at the Directorate-General for Maritime Affairs and Fisheries (DG MARE).
(vasep.com.vn) Australia is emerging as one of the most stable and promising growth markets for Vietnamese shrimp. Amid global trade disruptions driven by geopolitical tensions—particularly conflicts in the Middle East—strengthening and expanding into stable markets like Australia has become increasingly important for Vietnam’s shrimp industry.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s squid and octopus exports reached over USD 111 million, up 23% compared to the same period in 2025. This result indicates a positive start for the sector, reflecting early signs of demand recovery in multiple markets from the beginning of the year.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s fisheries sector maintained positive growth momentum, with shrimp output exceeding 132 thousand tons. This result contributed to a strong increase in seafood export turnover, despite ongoing volatility in the global economy.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in February 2026, with many markets recording sharp increases compared to the same period last year. In February alone, export value reached USD 8.4 million, up 148% year-on-year. Cumulatively, in the first two months of 2026, total tilapia export turnover hit USD 23 million, soaring 242% compared to the same period in 2025.
(seafood.vasep.com.vn) In global seafood trade, sensory evaluation is increasingly becoming one of the key “technical barriers” in many importing markets-especially the United States. Issues such as filth, and signs of decomposition/spoilage are often detected through sensory evaluation methods and remain common reasons for seafood import alerts, detentions, or shipment rejections.
Shrimp has been the most important export product of Vietnam’s seafood industry for many years, typically accounting for 35–45% of the country’s total seafood export value. With a well-developed farming, processing, and export system, Vietnam has become one of the world’s leading shrimp exporters.
(seafood.vasep.com.vn) As geopolitical tensions in the Middle East continue to escalate, the global food market is facing increasing volatility in logistics costs, energy prices, and supply chains. In the seafood sector, alongside ocean-caught products such as tuna, the surimi-based product group—including fish cakes, crab sticks, fish balls, and other imitation seafood products—has also been affected to some extent by these developments.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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