Dutch agribusiness De Heus opens 50,000-ton shrimp feed mill in southern Vietnam

Dutch agribusiness De Heus opens 50,000-ton shrimp feed mill in southern Vietnam

Agribusiness heavyweight De Heus has inaugurated the De Heus Vinh Long Shrimp Feed Mill with an annual capacity of 50,000 tons in the Mekong Delta province of Vinh Long.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam shrimp exports to US face fresh challenges

Vietnam shrimp exports to US face fresh challenges

Red Sea tensions and a U.S. request to impose anti-dumping and anti-subsidy duties on frozen shrimp imports from Vietnam will create obstacles for the industry in 2024.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Sao Ta Foods tops revised growth targets amid Vietnam seafood industry struggle

Sao Ta Foods tops revised growth targets amid Vietnam seafood industry struggle

Sao Ta Foods JSC, among major shimp exporters in Vietnam, has topped its revised revenue and pre-tax profit targets for 2023 by 4% and 1.5%, respectively, performing relatively well amidst a decline in the country's seafood industry.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese seafood industry looks at H2 recovery amidst export pricing, competition challenges

Vietnamese seafood industry looks at H2 recovery amidst export pricing, competition challenges

The Vietnam Association of Seafood Exporters and Producers (VASEP) expects a second half recovery for the industry, pushing 2024 exports to $10 billion as prices of pangasius and shrimp increase.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam seafood exports to Japan unlikely to make breakthrough in 2024: association

Vietnam seafood exports to Japan unlikely to make breakthrough in 2024: association

Vietnam's seafood exports to Japan made over $1.5 billion in 2023, down 12% compared to 2022, and they are unlikely to make a significant breakthrough in terms of demand in Japan in 2024, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Central Vietnam province Binh Dinh calls for investment in $48 mln shrimp farm

Central Vietnam province Binh Dinh calls for investment in $48 mln shrimp farm

The central province of Binh Dinh is calling interested investors to submit bids for a 219 hectares hi-tech shrimp farm complex with an estimated investment of VND1.18 trillion ($48.2 million).

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Quang Tri province okays resumption of Uni-President's shrimp breeding project

Quang Tri province okays resumption of Uni-President's shrimp breeding project

Vietnam’s central province of Quang Tri has given in-principle approval to Uni-President Vietnam Aquatic Breeding Co., Ltd.'s plan to resume its shrimp breeding project that was suspended in 2022 due to the Covid-19 pandemic.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

'Shrimp King' Minh Phu proposes research center in Vietnam's Mekong Delta

'Shrimp King' Minh Phu proposes research center in Vietnam's Mekong Delta

Minh Phu Seafood Corporation, Vietnam’s leading shrimp exporter, has proposed developing a shrimp research center in the Mekong Delta province of Ben Tre.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese seafood exporters worried about material shortages

Vietnamese seafood exporters worried about material shortages

Vietnam's seafood exports have shown signs of a recovery in recent months, but processing enterprises are worried about sharp declines in raw materials which will affect their export targets this year.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

US upholds anti-dumping duties on shrimp from 4 Asian sources

US upholds anti-dumping duties on shrimp from 4 Asian sources

The U.S. International Trade Commission (USITC) will continue to enforce an anti-dumping duty on frozen warm-water shrimp imported from China, India, Thailand, and Vietnam.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam shrimp farming platform Tepbac raises $2.25 mln

Vietnam shrimp farming platform Tepbac raises $2.25 mln

Vietnam-based Tepbac has received $2.25 million in a pre-series A funding round led by Dutch aquaculture investor Aqua-Spark that will help the shrimp technologist digitize and scale up Vietnamese shrimp farm production.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

C.P. Vietnam starts construction of shrimp farm factory in Mekong Delta

C.P. Vietnam starts construction of shrimp farm factory in Mekong Delta

C.P. Vietnam, a subsidiary of Thai conglomerate C.P. Group, kicked off the construction of a 4.3-hectare shrimp farm factory in the Mekong Delta province of Ben Tre on Saturday.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Bac Lieu lauded for focus on shrimp cultivation, clean energy

Bac Lieu lauded for focus on shrimp cultivation, clean energy

Bac Lieu has done well to focus on shrimp farming and clean energy production because this has boosted the province’s economic standing, says Deputy PM Vu Duc Dam.

Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7

'Shrimp king' Minh Phu reports highest quarterly profit in 4 years

'Shrimp king' Minh Phu reports highest quarterly profit in 4 years

Minh Phu Seafood Corporation, Vietnam’s leading shrimp exporter, reported after-tax profit of VND332 billion ($13.38 million) in the third quarter of the year, up 15% year-on-year, the highest quarterly profit in four years.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

‘Shrimp king’ Minh Phu, Shiok Meats to develop R&D facility in Vietnam

‘Shrimp king’ Minh Phu, Shiok Meats to develop R&D facility in Vietnam

Vietnam’s leading shrimp exporter Minh Phu Seafood has signed a deal with Singapore-based cultivated meat and seafood firm Shiok Meats to carry out research and development on cell-based shrimp products.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7