Vietnam pangasius exporters

(seafood.vasep.com.vn) Vinh Hoan and many other Vietnam seafood stocks simultaneously raised the price ceiling on June 1 2022.

(seafood.vasep.com.vn) In 2022, An Giang Fisheries Import and Export Joint Stock Company (AGIFISH) expects to hold the annual General Meeting of Shareholders on June 17th, 2022 AGIFISH aims at having lucrative business even though having suffered losses for six months in a row.

Parallel to the rapid growth of the aquaculture industry, innovation in sustainable practices is focused on farming and processing. Vinh Hoan Corporation, a global pangasius player, has launched several projects which will lay the foundation for its circular economy model to revolutionize and resolve challenges that are present in farmed pangasius

(seafood.vasep.com.vn) Vinh Hoan Corp. has just published the January 2020 IR newsletter, recording a 23% increase in total revenue to VND 777 billion. In which, the main product is pangasius fillet, up 11%, reaching VND 489 billion and accounting for more than half of total monthly revenue. The biggest increase was miscellanous with 234%, from 21 billion to 71 billion. A galloping increase was recorded with other products (Value-added products) with 112% to 16 billion dong. The remaining two products also increased by 28% and 19% respectively over the same period in 2021.

(seafood.vasep.com.vn) The 11-month report of Vinh Hoan Seafood Corp shows that export growth is very good, mainly thanks to the US market. Vinh Hoan's 11-month report shows that, in November 2021, the parent company's export revenue (excluding Sa Giang) reached VND 912 billion, an increase of 38% over the same period last year and an increase of 17% compared to October 2021. This is also the month with the highest export revenue of Vinh Hoan since the beginning of the year.

(seafood.vasep.com.vn) VDSC Securities Company predicts that both revenue and profit in the third quarter of Vinh Hoan Joint Stock Company will grow by double digits compared to the same period last year. In which, revenue from pangasius fillet segment (which contributes over 67% of total revenue) increased strongly thanks to the average selling price and recovery in volume.

(seafood.vasep.com.vn) Export revenue of Vinh Hoan Corp in June 2021 reached VND 713 billion, up 15%, of which the US market brought in nearly VND 300 billion, up 77%. Exports to the EU and China markets decreased due to the impact of the new strain of Covid-19 epidemic. Accumulated in the first 6 months, Vinh Hoan recorded export revenue of 3,991 billion dong, up 15.6% over the same period last year.