In another nod to Viet Nam’s runaway seafood industry, Navifishco, the country’s biggest fillet processing company is gearing up to be listed on the stock exchange by the end of this month.
Located in the Mekong delta province of An Giang, the Nam Viet Corporation has a chartered capital of 660 billion VND (41.2 million USD) and five factories that process around 2,000 tonnes of fish per day.
Expansion plans are underfoot for the company as it in the midst of rolling out a 500-ha aquaculture zone and a 35,000 tonne cold storage facility.
Navifishco’s “tra” and “basa” catfish have been exported to 65 countries and territories worldwide.
According to the latest statistics, the company’s export revenues fetched around 120 million USD in the first six months of the year, making up 30 percent of the total seafood export turnover of An Giang province which boasts the largest catfish output in the Mekong delta.
Chairman of Navifishco’s Management Board Doan Toi said his company plans to build another catfish processing plant with a capacity of processing 750 tonnes of catfish per day and a fish feed factory with a capacity of between 300,000 and 500,000 tonnes per year.
Source: VNA
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