Vinh Hoan

(vasep.com.vn) Vinh Hoan Corporation has just announced supplementary documents for the 2024 Annual General Meeting of Shareholders, scheduled to be held on April 17.

(vasep.com.vn)The Director General of Vinh Hoan Joint Stock Company said that the company’s most important product is frozen pangasius fillet in 2022. About 63% of the company’s revenues in 2022 come from selling products processed from farmer fish.

(seafood.vasep.com.vn) In this return to the aquatic feed segment, in addition to optimizing profits for pangasius fillets, Vinh Hoan set an ambition to bring pangasius to the Sushi table.

(seafood.vasep.com.vn) Ms. Nguyen Ngo Vi Tam has been with Vinh Hoan Corp. since 2003, experienced many positions from sales officer, sales manager to deputy general director before being appointed general director in 2016.

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) In 2021, Vietnamese seafood exporters have experienced ups and downs because of the Covid epidemic. Accordingly, in the third quarter of the year, production and exports declined due to restrictive measures and social distancing to prevent the Covid-19 epidemic. However, after easing the social distancing restrictions under Resolution 128, seafood exports quickly recovered and increased sharply in the last quarter of the year, bringing the whole year export result to $8.9 billion, an increase of nearly 6%. compared to 2020.

(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) Vietnam pangasius exporters have recorded positive growth in the first half of the year, but the last 6 months of the year will be a difficult journey.

The positive signals of seafood export markets, especially the US and EU, are bringing growth prospects to Vietnamese seafood enterprises. Vietnam's seafood exports are on the recovery path, reaching $3.27 billion in the first five months of 2021, up 14% over the same period last year.