At the Annual General Meeting of Shareholders held on 5th May 2017, Ngo Nguyen Vi Tam - General Director of Vinh Hoan Corporation (VHC) said in early 2016, VHC targets increase by 15-20% per year in its sales in the next three years. The company also targeted to achieve VND1 trillion in profit after tax by 2019.
In 2016, consolidated sales of VHC came to VND7,303 billion, of which the export value accounted for more than 86% and maintained a steady growth for a decade. Profit after tax was more than VND567 billion, up 75% over the previous year. These were mainly driven by applying a close model, raising the rate of self-sufficiency of materials by 65% to reduce costs, especially in the months of scarce raw materials due to unfavorable weather and the developing high-quality products, value-added products with high profit margin. While the average selling price of companies decreased slightly, that of Vinh Hoan's products did not fluctuate, about 50% higher than the average.
By the end of 2016, the company exported its products to more than 40 countries, up 5 new markets year on year, in which, sales to Japan and Mexico recorded a tremendous growth. However, exports to the U.S, the main importing market, reduced its proportion to 58%. Meanwhile, in 2016, exports of the company to China climbed up 30% thanks to high demand.
www.vinhhoan.com
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(seafood.vasep.com.vn) In Gia Vien district, tilapia farming—particularly the “duong nghiep” strain—is expanding rapidly and gradually becoming an efficient production model for local farmers. Hatcheries in the area are supplying high-quality, uniform, and disease-free fingerlings, meeting the growing demand for commercial farming.
(seafood.vasep.com.vn) On the afternoon of March 19, Vice Chairman of the Ca Mau Provincial People’s Committee, Le Van Su, chaired a meeting to address bottlenecks and propose solutions to expand the super-intensive whiteleg shrimp farming model using low water exchange and high biosecurity standards (RAS-IMTA).
(seafood.vasep.com.vn) On March 10, 2026, the Ho Chi Minh City People’s Committee issued Decision No. 1377/QD-UBND approving the Aquatic Animal Disease Prevention and Control Plan for the 2026–2030 period. The decision takes effect from the date of signing and replaces previous plans for the 2021–2030 period that had been issued prior to the administrative merger in Ba Ria – Vung Tau, Binh Duong, and Ho Chi Minh City.
(vasep.com.vn) In 2025, Chile imported more than USD 156 million worth of tuna, up 8.1% compared to the previous year and the highest level in the past five years. As the supply structure in this market is rapidly shifting, Vietnamese tuna is facing both opportunities to expand market share and increasing competitive pressure from Thailand, Colombia, and China.
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(seafood.vasep.com.vn) Ha Tinh Province is strengthening control over shrimp seed quality to minimize risks for the 2026 spring–summer farming season.
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(seafood.vasep.com.vn) The year 2025 is considered a turning point for Vietnam’s shrimp seed industry as the sector faces the need for strong transformation in technology, production management, and gradual self-sufficiency in broodstock supply. These factors are seen as key to improving seed quality and strengthening the competitiveness of the shrimp industry amid increasingly demanding market requirements.
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