Thai Union Manufacturing Co., Ltd. (“TUM”), has decided to establish a new joint venture with JWD InfoLogistics Public Company Limited’s subsidiary Pacific Cold Storage Co., Ltd(“PCS”) with the aim of building a cold-storage facility, Thai Union said on 5 January …
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Vietnam is planning to gain USD 8.9 billion (EUR 7.86 billion) from seafood exports in 2022, unchanged from the estimated value in 2021, the General Department said on 23 December …
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Bangladesh has seen its sales of black tiger shrimp surge in the last six months, following repetitive crashes over the course of many years due to the strong competition from vannamei producers in other countries, The Business Standard reported on 5 January.
The South Asia nation exported black tiger shrimp worth USD 268.95 million (EUR 237.7 million) in the first six months of the 2021-2022 fiscal year (July-December 2021), an increase of
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Vietnam’s leading shrimp company, Minh Phu Seafood, has decided to allocate VND 300 billion (USD 13 million, EUR 11.6 million) for its farming subsidiary, Minh Phu Loc An Aquaculture, in Ba Ria-Vung Tau Province, Minh Phu CEO Le Van Quang told SeafoodSource …
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Vietnam Association of Seafood Exporters and Producers (VASEP) has expressed a cautious optimism about sales of pangasius in 2022, as challenges caused by the COVID-19 pandemic will continue to face the industry in the new year.
The higher costs of production, and higher export costs coupled to uncertain demand in key markets, are the main obstacles the industry will face this year, according to VASEP General Secretary Truong Dinh
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Thai Union’s subsidiary, i-Tail Corporation Public Company Limited, has established i-Tail Americas, Inc. to take care of its pet food business in the United States, Thai Union said in a statement on 4 January.
i-Tail Corporation will take full ownership of i-Tail Americas, Inc., which will have a registered capital of USD 5 million (EUR 4.4 million). The new company will buy shares of U.S. Pet Nutrition, a distributor of pet food in the
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Trading activities near the inland border gates between Vietnam and China have become tense in recent weeks, after China intensified inspections against Vietnamese goods to curb the COVID-19 contagion …
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Philippines’ top tuna canner Century Pacific Food (CNPF) has acquired Ligo, a local legacy brand of canned sardine and other marine products, CNPF said in a statement on 24 December.
The value of the transaction was not disclosed.
Under the agreement, CNPF will buy Ligo’s assets and intellectual property used for the manufacturing of its product lineup.
Ligo is one of the most popular sardine brands in the Philippines and has
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Pakistan has announced a plan to spend PKR 6 billion (USD 33.6 million, EUR 29.7 million) for developing climate-resilient shrimp farming across the country.
The funds will come from the National Agriculture Emergency Program, Pakistan Fisheries Development Board Director Imdadullah Salar told The Express Tribune on 22 December. FDB is an agency under Pakistan’s Ministry of National Food Security and Research.
The program will involve
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Vietnam’s seafood export value was the highest ever recorded in November, with sales to most of the country’s major markets increasing ...
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