On April 25th, 2011, Vinh Hoan Corp held the 2011 Annual General Meeting of shareholders.
“This year, Vinh Hoan Corp plans to build a rice processing plant which has production capacity of 1,000 MT a year, with total investment of VND90 billion. This is a potential sector contributing to complete the company’s closed production chain,” Truong Thi Le Khanh – Chairwoman and General Director of Vinh Hoan Corp said.
According to the company’s report, Vinh Hoan Corp’s exports in Q.1/2011 were US$32 million, up 9 percent compared with 2010. The parent company expected to reach VND800 billion of sales and VND72 billion of net profit. Its affiliate Vinh Hoan Feed Joint Stock Company (Vinh Hoan 1) gained VND317 billion of turnover and VND19 billion of net profit.
Beside the key pangasius exports of US$29.2 million in Q.1/2011, Vinh Hoan Corp also generated US$1.6 million from exporting value-added seafood products which accounted for 5 percent of its total seafood exports.
In 2010, processed seafood sales reached VND2,758 billion, leading to a total net profit of VND186 billion. Turnover of its feed factory was over 1,000 billion, bringing VND59 billion of net profit.
At the the 2011 Annual General Meeting of shareholders, the company released its new business plan, expecting to boost seafood exports to US$135 million, sales from processed seafood to VND3,000 billion and feed sales to VND1,200 billion.
Also this year, Vinh Hoan Corp plans to increase its pangasius farming area by 100 hectares to ensure 100 percent of raw materials for processing in the coming years and 80 percent of the total 70,000 MT of raw pangasius each year.
The company invests more VND15 billion to build new packaging plant and VND5 billion for the feed factory of Vinh Hoan 1.
In 2011, Vinh Hoan Corp strives to receive ASC and BAP certificates for its fish farming areas and Global GAP certificate for its feed mill and hatchery.
On 3 May, Vinh Hoan and Halieutis bested 35 competitors to be awarded top honors at the 11th annual Seafood Prix d’Elite new products competition at the European Seafood Exposition.
Vinh Hoan Corp. of
VINH HOAN CORP
Ms. Truong Thi Le Khanh – Chairwoman and General Director
Add:
Tel: +84 67 3891166
Fax: +84 67 3891062
E-mail: vh@vinhhoan.com.vn
Website: www.vinhhoan.com.vn
ĐNH
(seafood.vasep.com.vn) Vietnam’s pangasius industry is facing new opportunities to expand its development space as many localities and businesses begin promoting marine farming models aimed at diversifying farming areas and adapting to climate change. However, for pangasius to truly “go offshore” and develop into a large-scale industry segment, significant challenges related to technology, broodstock, and markets still need to be addressed.
(seafood.vasep.com.vn) Vietnam’s tilapia exports in April 2026 reached USD 11 million, up 92% compared to the same period in 2025. This strong growth indicates that Vietnamese tilapia products are continuing to penetrate and expand rapidly in international markets. Cumulative export turnover in the first four months of 2026 reached USD 49 million, up 151% year-on-year.
(seafood.vasep.com) At VietShrimp Asia 2026, disease management trends in shrimp farming are shifting strongly from treatment-based approaches toward proactive prevention through environmental and pond ecosystem control.
(vasep.com.vn) After a period of strong growth, with export turnover reaching USD 38 million in Q1/2026 — up 174% year-on-year — the sector’s rapid expansion clearly reflects growing market opportunities.
(vasep.com.vn) In the first quarter of 2026, Vietnam’s pangasius exports to the ASEAN bloc reached USD 44 million, up 7% compared to the same period in 2025. After falling to the lowest level of the quarter at USD 9 million in February — reflecting the seasonal slowdown in orders after the festive period — exports recovered strongly to USD 18 million in March, the highest monthly value of the quarter. This development shows that import demand for pangasius in ASEAN remains relatively stable despite short-term fluctuations.
(seafood.vasep.com.vn) On May 11, 2026, the US National Oceanic and Atmospheric Administration (NOAA) announced a positive comparability finding for Vietnam’s swimming crab fisheries, along with those of Indonesia and Sri Lanka, under the Marine Mammal Protection Act (MMPA). With this decision, seafood and seafood products harvested from Vietnam’s swimming crab fisheries will continue to be eligible for import into the US market.
(seafood.vasep.com.vn) After a slowdown in 2025, Vietnam’s tuna exports to Germany showed more positive signs in the first quarter of 2026. However, the recovery remains uncertain as consumer demand in Germany is still cautious, while market competition is increasingly driven by pricing and supply stability.
(seafood.vasep.com.vn) After a sharp decline in 2025, Vietnam’s tuna exports to Israel are showing positive signs of recovery in the early months of 2026. According to Vietnam Customs data, export turnover to this market grew steadily month by month in Q1/2026, reaching nearly USD 10 million, up 33% compared to the same period in 2025. However, compared to Q1/2024, this level remains significantly lower, indicating that the recovery is still in its early stage following last year’s strong adjustment.
(seafood.vasep.com.vn) Entering 2026, the U.S. whitefish market has shown complex developments as global cod supply continues to tighten, while the U.S. trade environment becomes less stable. In this context, the U.S. market has had to become more flexible in sourcing alternative whitefish. However, relying heavily on Alaska pollock is not a long-term solution, as it is a strictly managed fishery with quotas and sustainability regulations, limiting any rapid increase in output to offset cod shortages.
(seafood.vasep.com.vn) Aquaculture, capture fisheries, and seed production activities in Lam Dong in the early months of 2026 continued to show positive signs, with both output and farming area slightly increasing compared to the same period, contributing to maintaining overall industry stability.
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