Vinh Hoan, will invest an additional VND 50 billion (USD 2.14 million, EUR 2.11 million) in its subsidiary Vinh Hoan Fish Hatchery Co.
The latest capital contribution raised Vinh Hoan Fish Hatchery’s total chartered capital to VND 148 billion (USD 6.33 million, EUR 6.26 million), with Vinh Hoan holding a 98 percent stake in it …
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Aquaculture disease management and dynamic dosing expert Aqua Pharma and microbial fingerprinting firm Kytos have announced a plan to jointly develop Seatru – a new service platform that will provide shrimp farmers with practical microbial control through precise dosing recommendations …
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Vietnam Association of Seafood Exporters and Producers (VASEP) has expressed concern Vietnam’s tuna exports will be impacted if the U.S. decides to drop its tariffs on tuna from China.
U.S. business groups, including the National Retail Federation (NRF) and the National Fisheries Institute (NFI), are pressurizing U.S. President Joe Biden to roll back some of the tariffs levied on Chinese goods during the administration
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Amersfoort, The Netherlands-based animal nutrition company Nutreco will take full ownership of Indian aquaculture technology firm Eruvaka, it said on 30 June. Nutreco previously purchased a 25 percent stake in Eruvaka in 2018 ...
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Vietnam will earn an estimated USD 2.6 billion (EUR 2.47 billion) from its pangasius exports in 2022 due to high demand in its major markets, according to forecasts from the Vietnam Association of Seafood Exporters and Producers (VASEP) …
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Minh Phu Seafood CEO Le Van Quang is warning Vietnam’s shrimp industry that it faces a difficult rest of 2022.
Minh Phu is Vietnam’s top shrimp exporter, having earned USD 648.7 million (EUR 567 million) via its shrimp exports in 2021, an increase of 10 percent from 2020.
At Minh Phu’s annual stakeholders meeting on 24 June, Quang said high inflation, a worsening situation when it comes to shrimp diseases, bad weather
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Vietnam’s Nha Trang Seafood has opened a new shrimp processing factory in the Mekong Delta, joining other producers that are expanding processing capacity.
The new plant is located in Bac Lieu Province, and cost VND 400 billion (USD 17.2 million, EUR 16.3 million) to build
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Vietnam seafood exports to the European Union rose again in May, achieving year-on-year growth for the fourth straight month.
The country exported seafood worth nearly USD 140 million (EUR 132.2 million) to the E.U. in May, a higher total than in each of the previous three months …
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As many as half of Vietnam’s fishing boats are stranded ashore due to rising fuel costs, according to the country’s ministry of agriculture and rural development.
In a 24 June letter, the agriculture ministry called on country’s other government ministries to jointly seek support from the central government for affected fishermen.
The country has more than 91,000 fishing vessels, including more than 42,000 boats operating
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