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October 10, 2015


Fimex’s Production and Earnings


In August 2015, Fimex VN (also known as Sao Ta Foods Joint Stock Company) one of the largest shrimp farming companies in Vietnam, processed 1,404 metric tons of frozen shrimp, and from January through August, it processed 7,547 tons, an increase of 10% over the same period in 2014.  Sales in August were $13.8 million, and from January through August, they were $83.7 million.


On September 2015, the USA Department of Commerce (DOC) announced its final decision on dumping duties.  Fimex VN’s duty rate is zero.


Source: Vietnam Association of Seafood Exporters and Producers’ (VASEP) Website.  Fimex VN Earned US$ 83.7 Million Through August.  Ms. Kim Thu (Shrimp Market Specialist, email  October 9, 2015.

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