Advances in tech aid shrimp output

Advances in tech aid shrimp output

Vietnam’s shrimp industry has experienced a successful first quarter with positive signals from exports, with more high-tech in farming and processing activities helping to improve competitiveness.
Seafood sector feeling the bite amid high inflation

Seafood sector feeling the bite amid high inflation

Seafood businesses saw disappointing Q1 results amid weakening global demand, after reaching a peak in Q2 of last year.
Seafood sector expects rosier Q4 performance

Seafood sector expects rosier Q4 performance

Albeit inflation still fetching high in some key export markets, seafood producers aspire to rosier business in the rest of the year.
US removes anti-dumping tax on Minh Phu shrimp

US removes anti-dumping tax on Minh Phu shrimp

United States Customs and Border Protection (CBP) has cancelled anti-dumping tariffs imposed on Minh Phu's subsidiary.
MoIT to talk with the US on Minh Phu tax evasion case

MoIT to talk with the US on Minh Phu tax evasion case

The Ministry of Industry and Trade (MoIT) has said it will talk with the US on the case of local Minh Phu seafood firm, which was accused of tax evasion in the US.
Vietnamese shrimp exports to US still need to be careful

Vietnamese shrimp exports to US still need to be careful

The DOC has just announced the results of the POR13 for 31 Vietnamese enterprises to export shrimp into this strict market with the tax rate of 0 per cent.
Affinity between Minh Phu and Mitsui to raise Vietnamese shrimp

Affinity between Minh Phu and Mitsui to raise Vietnamese shrimp

Mitsui's acquisition of a 35.1 per cent stake in Minh Phu was honoured at the Vietnam M&A Forum 2019, as it will allow Minh Phu to take on the globe.
Is Minh Phu evading anti-dumping duties on shrimp from India?

Is Minh Phu evading anti-dumping duties on shrimp from India?

Minh Phu stated that it has imported about 10 per cent of the group’s raw materials from India, which is not enough to say that it is going around US tariffs.
Minh Phu sells 60 million shares for Mitsui

Minh Phu sells 60 million shares for Mitsui

The BoD of Minh Phu Seafood JSC has just approved selling 60 million shares, 30 per cent of its capital in the subsidiary, to MPM.
Mitsui invests $100 million in Vietnam’s king of shrimp Minh Phu

Mitsui invests $100 million in Vietnam’s king of shrimp Minh Phu

Mitsui has committed $100 million to Minh Phu Seafood Corporation – Vietnam’s largest shrimp processing company – in order to help improve its shrimp exports.