Minh Phu Seafood Corp.: Seafood exports up 106 percent in Jan. 2011

In Jan, 2011, Minh Phu Seafood Corp. exported 1,663 tonnes of shrimp worth 19.8 million USD

In Jan, 2011, Minh Phu Seafood Corp. exported 1,663 tonnes of shrimp worth 19.8 million USD, gained an increase of 70.16 percent in volume and 106.23 per cent in value compared to the same month of 2010.

Minh Phu Seafood Corp. said the 1 trillion VND (46.5 million USD) Minh Phu-Hau Giang shrimp processing plant will come into operation in April this year.

The plant will be able to process 40,000 tonnes of processed shrimp per year, according to Le Van Diep, deputy director of the Corp.

He said the plant will use the latest technology to reduce material waste and production time, so lower production costs.

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