(seafood.vasep.com.vn) Minh Phu Seafood Corp announced that the company aims at accounting for 25% of the world shrimp market share by 2045. This goal is projected to be achieved by Minh Phu through short, medium and long-term strategies, particularly the 2021-2025 strategy with the key objective being building a green and clean and sustainable shrimp value chain of Vietnam, with competitive prices compared to India, Indonesia and Ecuador, improving processing productivity and reducing COGS.

(seafood.vasep.com.vn) Mr. Le Van Quang, Chairman of the Board of Directors, General Director of Minh Phu Seafood Joint Stock Company (MINH PHU SEAFOOD CORP) said that the application of "3 on-the-spot" production made the operating capacity of the factories of the company. Minh Phu in Ca Mau and Hau Giang dropped sharply, reaching only 25% of capacity. But thanks to the company's shift to large-sized shrimp production, the output has improved, reaching about 50%. The company is accelerating and expecting year-end orders.

(seafood.vasep.com.vn) After slowing down in the third quarter due to the impact of Covid 19, business activities of enterprises in the Mekong Delta, including Minh Phu Corp (MPC), have been active again since October. Minh Phu has started a chain of 3 processing factories. seafood processing plants, including Minh Phat, Minh Quy and Minh Phu with the same capacity of 18,000 tons/year and Quang Minh Packaging Factory with a capacity of 5,000 tons/year.

Minh Phu Hi-tech Agriculture Co., Ltd was established in October 2018 with the main activities of producing, cultivating, processing and exporting aquatic products, importing processing materials for export.

(seafood.vasep.com.vn) The Vietnam Record Organization has just recognized Minh Phu Seafood Corporation as the owner of the largest organic shrimp farming area in Vietnam's mangroves, with a total area of 9,722 hectares and a total area of 9,722 hectares and participation of 2010 Ca Mau farmer households.

Positive signs have been seen in shrimp exports since the beginning of this year and alongside a host of favourable conditions regarding market demand, the target of earning 4 billion USD from exports has been deemed “within reach”.