Sustainability Award

Written by Administrator on 14/11/2015. Posted in News & Events

Hiep Thanh Seafood Joint Stock Company

Hiep Thanh is a leading seafood company in Vietnam with over 10 years working relationship with Maxim’s Group offering wide range of seafood. Their products have been successfully serving in different business units including QSR, Chinese restaurant, max concept and food factories. Through continuous joint development with Maxim’s and WWF on sustainable seafood certification, they have accredited ASC global standard contributing environmental improvement to the industry and Maxim’s Group. In 2015 first half, Hiep Thanh partnered with Maxim’s jointly to work with WWF and ASC to launch an environmental friendly campaign and relevant sustainable seafood menu in our QSR MX chains.


Hiep Thanh一直於過去10年為美心集團穩定地供應各類越南直購之海產。其海產食品亦成功應用於美心集團不同菜系包括的快餐與機構餐務部,中菜部,max concept 西菜部及大埔食品廠等。他們過去不斷於環保系統上執行改善提昇,及通過與WWF世界自然基金組織及ASC水產養殖管理委員會相互合作,成功獲取世界認可之ASC水產環境保護認證,印證海產以可持續的方式進行捕撈及養殖。另外於本年度,Hiep Thanh亦跟美心集團緊密合作配合美心MX 品牌能夠響應世界自然基金會早前舉辦的環保海鮮周活動,及推出多款【愛海洋。齊撐環保魚】菜式。

VASEP has evidence against U.S. anti-subsidy lawsuit

Written by Administrator on 13/01/2013. Posted in News & Events

The Vietnam Association of Seafood Exporters and Producers (VASEP) is confident it has strong evidence to cope with the anti-subsidy lawsuit against Vietnamese shrimp just initiated by U.S. companies.

Truong Dinh Hoe, general secretary of VASEP, told theDaily right after a meeting of local shrimp processors and exporters on Monday that Vietnam has all proof to fight the accusation by the Coalition of Gulf Shrimp Industries (COGSI) stateside.
“We should understand that disputes among companies in the same industry inside and outside the nation are unavoidable,” Hoe said after several local shrimp processors and exporters gathered together to seek solutions to cope with the anti-subsidy lawsuit that COGSI had filed to the U.S. Department of Commerce (DOC) a few days earlier. “If COGSI has evidence to persuade DOC to launch the anti-subsidy investigation, VASEP on behalf of local shrimp exporters will also have proof to show their accusation is not right,” he noted. For instance, he analyzed, Vietnam now is a member of the World Trade Organization (WTO), and subsidies for the local agricultural industry are all subject to the nation’s commitments with WTO. The local steel industry had earlier faced similar accusations but industry insiders had proven that they had done business without illegitimate State financial assistance. This has encouraged the seafood industry to cope with COGSI, Hoe stated. Agricultural subsidies and market prices are two different issues, he said, adding prices of Vietnamese shrimp imported into the States are decided by the market, not by local exporters. If DOC accepts the lawsuit of COGSI and if VASEP members fail to show their innocence, Vietnamese shrimp will be slapped with an anti-subsidy tax rate of 12% stateside, Hoe told the Daily. DOC will officially announce whether it accepts the case or not on January 17, so it is necessary for local shrimp exporters to anticipate the worst-case scenarios to find out solutions and to estimate budget to follow the case, if necessary, he added.

Saigon Times Daily

Yen depreciation unfavorable for Vietnam exports to Japan

Written by Administrator on 13/01/2013. Posted in News & Events

Nguyen Huu Thanh, director of Vietfoods in Can Tho, specializing in shrimp export to Japan, predicted the yen depreciation would be detrimental to export in 2013.The yen depreciation is forecast to adversely affect exports to Japan, the main market for many export items of Vietnam.
The Japanese yen on Thursday slightly firmed against the U.S. dollar, but it still stayed at a 29-month low, with 87.26 yen in exchange for one U.S. dollar. In 2012, the greenback appreciated 12.8% against the yen, the highest level since 2005, while Vietnam dong has been closely pegged to the dollar. The appreciation was sharp in the final months of the year. In comparison with November 2012, the U.S dollar has appreciated 10% against the yen, according to Reuters. Nguyen Huu Thanh, director of Vietfoods in Can Tho, specializing in shrimp export to Japan, predicted the yen depreciation would be detrimental to export in 2013. “The government of Japan is seeking to depreciate its currency. In my opinion, the yen in the coming time will likely depreciate to the rate of 90 yen to the U.S. dollar. This means Vietnamese products will be more expensive. Japanese will cut down consumption or ask suppliers for discount,” he said. Vietnamese shrimp prices are now US$2.3 per kilo higher than the same products of Thailand and India, which will pile more pressure on local shrimp exporters, Thanh said. The reason for rising production costs in Vietnam no longer lies within factories, he said. “The reason for higher production costs of Vietnamese shrimp comes from the stage of farming, not from processing plants. The planning for a standardized shrimp farming zone has been mentioned for years, yet there has been a modest improvement,” he said. Le Van Quang, chairman of Minh Phu Seafood Corp., said prices in Japan were always better than in other markets. Still, there are technical barriers in the Japanese market. Now, as the yen is depreciating, the situation will be more difficult, he said. Huynh Van Nghi, general director of Phan Thiet Garment Export Joint Stock Company in Binh Thuan, told the Daily that the yen depreciation might not affect export volume. However, local exporters will hardly raise prices even though input costs will continue to surge. Export efficiency will be impacted, but the level of impact cannot be measured at the moment, he added. Meanwhile, Pham Tuan Kien, director of Tan Chau Garment Export Co., forecast the yen fall against the dollar would have little impact. Vietnamese apparels made of materials originated from ASEAN countries enjoy preferential tariffs in Japan, so their competitive advantage in this market will remain intact, he explained. Because of the gloomy situation in the EU, Japan is becoming a key market for Vietnamese apparels and leather-footwear products. Japan is currently the main market for the major export items of Vietnam like textile-garment, shrimp and plastic products. In the first 11 months of 2012, Vietnam exported US$1.79 billion worth of textile-garment to Japan, up 17% year-on-year, accounting for 13% of the total export turnover of the industry. Meanwhile, footwear exports to this market brought in US$299 million, a year-on-year surge of 34.6%, standing at 4.5% of the total export turnover of this item, according to the General Department of Customs. Statistics of the Vietnam Association of Seafood Exporters and Producers (VASEP) show that Japan is now the biggest shrimp importer of Vietnam, representing 27.7% of the total shrimp export turnover of US$2 billion in the first 11 months of 2012.


Fisheries exhibition attracts local, foreign businesses

Written by Administrator on 13/01/2013. Posted in News & Events

The Vietnam Fisheries International Exhibition (Vietfish) will be held at the Saigon Exhibition and Convention Centre (SECC) in Ho Chi Minh City from June 26-28.
The event, organised by the Vietnam Association of Seafood Exporters and Producers (VASEP), has drawn the participation of 175 businesses to showcase machinery, equipment and services on 330 stands. One third of the stands represent enterprises from Thailand, the Republic of Korea, Japan, France, India, Norway and the US. The event has also attracted booths from foreign organizations such as the Bangladesh Fisheries Society, Thaifex 2012-World of Food Asia, the Shanghai Exhibition (China) and the Global Aquaculture Alliance. Businesses will have the opportunity to introduce their products at the exhibition, seek partners, and expand their markets. They will also be able to gain useful, updated information at seminars on the new regulations for exporting goods to the US.

Mekong Delta: 600,000MT of Pangasius exported in 2010

Written by Administrator on 23/09/2012. Posted in News & Events

The Ministry of Agriculture and Rural Development (MARD) forecast in 2010 the Mekong Delta will export600,000MT of Pangasius products, valued at US$1.5 billion, an increase of nearly US$160 million comparedwith 2009.

Head office

  • National Highway 91, Thoi An 3 Area, Thuan An Ward, Thot Not District, Can Tho City, Viet Nam
  • Tel: +84-710-3854888
  • Fax: +84-710-3855889
  • Mobile: +84 902 540 540
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Representative office

  • 38 Đường số 2, Hưng Gia 5, Phú Mỹ Hưng, P.Tân Phong, Quận 7, TP.HCM, Việt Nam
  • Số điện thoại: +84 8 5411 9992
  • Số fax: +84 8 5411 9994
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U.S. branch

  • 10181 Westminster Avenue, Room 213, Garden Grove, CA 92843
  • Số điện thoại: +1-714-643-9846
  • Số fax: +1-714-643-9854
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