Seaprodex F16: High demand for Vanamei

Mr. Banh Quang Ha, director of Seaprodex Factory No.16 (F16), said Vannamei shrimp is the company’s single export item in Jan – Feb 2011.
Currently, vannamei supply in Binh Dinh and some central provinces is lagging behind processing demand. Shrimp selling price soared to the record high, up 40 percent in comparison with some late months of 2010, especially for large-sized of 26/30 and 31/40. Read more of this post

Seaprodex: High demand for vannamei

Mr. Banh Quang Ha, director of Seaprodex Factory No.16 (F16), said vannamei shrimp is his company’s the only export item in Jan – Feb 2011.

Currently, vannamei is in high demand, however, the supplies in Binh Dinh and some central provinces cannot meet demand of seafood processing plants at the localities. Read more of this post

Three seafood corporations merged

The Minstry of Agriculture and Rural Development (MARD) on March 17, held a ceremony to mark the merger of these 3 seafood corporation: Seaprodex Vietnam, Ha Long Seafood Corporation and East Sea Fisferies Corporation in Ho Chi Minh City.

The new corporation, called Vietnam Seafood Corporation (VSC), has a chartered capital of 839 billion VND and is a wholly state-owned business. Read more of this post

Seaprodex Factory No16: Seafood export reached US$5.2 million in 2010

Mr. Banh Quang Ha Director of Quy Nhon Frozen Seafoods JSC(Seaprodex Factory No16 F16) said although many difficulties in laborand raw seafood, in 2010 its total export turnover reached US$5.2million and its revenue was VND130 billion, both higher than theprevious year.
In 2010, the price for whiteleg shrimp export was higher over the previous year. South Korea was a market with the high and stable import demand for shrimp, so the company exported to this market more favorably. So far this year, South Korea remained the biggest importer of the company, followed by Japan, the U.S. and EU.

The lack of raw materials and labor are always two difficult problems to solve for seafood processing enterprises. To cope with this situation, F16 always tries to seek raw materials from the Central and South Central regions as well as diversifying export items and reducing the heavy reliance on the catches.

 

Seaprodex Factory No.16 (F16) export turnover reached US$5.2 million

Mr. Banh Quang Ha, Director of Seaprodex Factory No.16 (F16), said despite a shortage of laborers and raw material, the company’s total export turnover and revenue reached US$5.2 million and VND130 billion in 2010, surpassing the previous year’s figure.

Whiteleg shrimp price in 2010 was higher over the previous year. Given the high demand and stable import, South Korea remained the largest market of F16, followed by Japan, the US and EU.

To overcome the widespread shortage of laborers and raw materials, F16 put great efforts to source materials in coastal provinces in central and southern central Viet Nam, diversify export products and reduce dependence on wild caught input.

 

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