Mekong Fisheries Joint Stock Company (HoSE: AAM) announced that the revenue in the second quarter of this year reached VND 49.6 billion, down 4% over the same period in 2018. Profit before tax was estimated at VND 4.6 billion, up 3.2% over the same period. Profit after tax was VND 3.7 billion, down 5.3% over the same period in 2018. Low profit is mainly due to high cost of goods sold, accounting for 88% of company's revenue.

From the beginning of the year until now, the aquaculture production in Binh Dinh province was estimated at over 4,641 MT, including: brackish water shrimp farming reached over 3,629 MT; lobster hit 1 MT; saltwater, brackish water and freshwater finfish reached 955 MT and other aquatic products touched 56 MT.

(seafood.vasep.com.vn) The export value of Vietnamese pangasius from March to June 2019 declined from 6% to 17.6% compared to the same period in 2018. By the end of June 2019, the total export value of pangasius reached US$961.6 million, decreased 4.1% compared to the first half of 2018. Exports to the US, Brazil and Colombia markets reduced, thus affecting the overall growth rate. It is forecasted that in the third quater, pangasius exports might grow again, however, the growth rate might not exceed 15% compared to the same period in 2018.

(seafood.vasep.com.vn) Recently, the General Department of Customs of China has posted an announcement that the National Agro-Forestry-Fisheries Quality Assurance Department (Nafiqad) reviewed and sent back the list of 665 Vietnamese seafood enterprises which are eligible to export to the Chinese market. Accordingly, Nafiqad has proposed to remove 15 enterprises from the list of 680 enterprises previously eligible for export to China, as these enterprises have now been dissolved.

(seafood.vasep.com.vn) Cephalopod exports in the first 6 months of this year reached US$288.6 million, down 3.3% compared to the same period in 2018. Exports to major markets such as South Korea, Japan, and the US increased slightly, but exports to other main markets such as EU, ASEAN, and China fell sharply.

(seafood.vasep.com.vn) Vietnam shrimp exports in the first six months of 2019 reached US$1.4 billion, down 12% compared to the same period of 2018. Raw material shrimp price decreased, export prices has not increased, import demand went down from the main markets and fierce competition from India, Ecuador were the main factors that makes Vietnam shrimp exports could not increase.

Cuu Long Fish Corp., Ltd (HoSE: ACL) has just released its Q2/2019 financial statement to record 817 billion VND of net revenue and 126.7 billion VND of pre-tax profit, increasing 13,3% and 120% respectively over the same period in 2018. Net profit after tax earned 113 billion, 2.2 times higher than the same period in 2018.

Nam Viet Corporation (HoSE: ANV) has just announced Q2/2019 consolidated financial statements with strong growth in revenue and profit over the same period in 2018.

(seafood.vasep.com.vn) Vietnam's bivalve mollusk exports in Jan-May 2019 reached US $ 36.2 million, down 3% compared to the same period in 2018.

The report by Mr Ho Quoc Luc, Former Chairman of VASEP, Chairman of Sao Ta Foods Joint Stock Company when he joined in the Vietnam Fisheries International Exhibition 2019 (Vietfish 2019).