Processing value-added shrimp products for demanding markets – Photo: K.T

On September 22, Mr. Ho Quoc Luc, Chairman of the Board of Directors of Sao Ta Foods JSC (Fimex Vietnam), noted that shrimp exports in the first 8 months of 2025 showed optimistic growth, with most processors recording year-on-year increases.

Fimex Vietnam made a breakthrough, taking the lead in shrimp export value with over USD 192 million (including An Khang Foods JSC), followed by Stapimex (USD 188 million), Vinh Hoan Corp (over USD 173 million), Minh Phu Seafood Corp (about USD 170 million), and Minh Phu – Hau Giang Seafood Processing JSC (over USD 159 million).

In addition to Fimex and Stapimex, many other shrimp processors from the former Soc Trang province also ranked among top exporters, including Tai Kim Anh Seafood Processing JSC (over USD 77.6 million) and Vietnam Clean Seafood JSC (over USD 73 million). Altogether, shrimp exports from the former Soc Trang province reached more than USD 600 million in the first 8 months of 2025.

According to Mr. Luc, with these results, after the merger of Soc Trang and Hau Giang into Can Tho City, the city is now leading and is expected to top the nation in both seafood and shrimp exports in 2025.

Industry representatives added that expanding markets, investing in processing facilities, and developing value-added products have contributed to the surge in exports. However, risks remain, as on December 9 the US will announce its final anti-dumping duties. Higher tariffs or retroactive duties could pressure exporters, forcing them to seek alternative markets.