(seafood.vasep.com.vn) Vietnam Seaproducts., JSC - SEAPRODEX (SEA) has announced its consolidated financial statement for the first quarter of 2017. Accordingly, in the period, SEA reached VND386.56 billion in its sales; VND71.27 billion in profit after tax, of which profit to its parent company was VND68.99 billion.

Several foreign firms have recently acquired stakes in Vietnamese food processing enterprises, showing the local food industry’s increasing attractiveness.

The Ministry of Industry and Trade (MoIT) aims to connect Vietnamese businesses with major European and Asian groups such as Auchan, Casino, Central Group and AEON, so that Vietnamese goods can enter foreign distribution systems.

(seafood.vasep.com.vn) Seafood Joint Stock Company No 4 (HOSTC: TS4) announced its financial report of QI/2017, in which, its profit before tax hit over VND4.7 billion, up 34% compared QI/2016.

(seafood.vasep.com.vn) In Jan - Mar 2017, Vietnam seafood exports reported a y-o-y growth of 4.7% to reach US$1.5 billion. Among 4 largest markets of Vietnam seafood, seafood exports Japan and China rose 26,8% and 11%; respectively; exports to the US and the EU downed 16,4% and 0,01%; respectively. Importing markets and main products are as follows:

Seafood Expo Global – the world’s largest seafood trade fair, brings together the top buyers and sellers for three days of sourcing products, networking with industry professionals and conducting business – all in one location. The event will happen on 25-27 April 2017 in Brussels, Belgium.

(seafood.vasep.com.vn) On 20th Apr 2017, Vietnam Seaproducts Joint Stock Corporation (Seaprodex, UPCom: SEA) announced its business results in QI/2017.

Feed firm Cargill has marked the opening of its tenth aqua feed line in Vietnam, strengthening its long-term commitment to contribute to the development of the local agricultural economy, it said.

Vietnam earned an estimated 604 million USD from the export of aquatic products in April, bringing the total figure of the year’s first four months to about 2.1 billion USD, representing a year-on-year increase of 8.2 percent.

Vietnam has taken part in the 25th Seafood Expo Global in Brussels, Belgium, which was held from April 25-27.

The fourth Viet Nam Fisheries Golden Quality 2017 award will be granted for 100 businesses, individuals and collectives which are the good examples in the field of fisheries.

Vietnam earned 537 million USD from the export of aquatic products in March, bringing the total figure of the year’s first three months to 1.5 billion USD, a year-on-year increase of 3.6 percent, according to the Ministry of Agriculture and Rural Development (MARD).

Cuttlefish and octopus exports this year are expected to increase by four per cent from last year to reach US$470 million, according to the Vietnam Association of Seafood Producers and Exporters (VASEP).

"VASEP - SEAFOOD" – the first application of seafood information in Vietnam and a convenient application on the mobile phone that helps you search quickly all update and accurate information on seafood market of Vietnam and the world.

Seafood producers in Vietnam are expected to cash in on China’s rising consumption.