There has been an increasing demand for Vietnamese seafood products from the world in recent years. The Vietnamese seafood industry achieved encouraging results in 2011 despite trade barriers and economic turmoil. Vietnamese seafood enterprises have been preparing for the challenging year of 2012. Vietnam Business Forum talks with Mr Ngo Quoc Tuan (Tony), Vice President of Quoc Viet Seaproducts Processing Trading & Imp-Exp Company – one of the leading shrimp exporters in Vietnam. Duc Quan reports.
Quoc Viet has just opened commercial operations of a new, modern factory in early 2011. Could you please give a brief introduction about this factory?
For years, we are proud that we have gained a high reputation from our customers. Our new factory was built with high standards and has been accredited with the following certifications: HACCP, ISO 22000, BRC, Friend of the Sea and BAP (Best Aquaculture Practices). Wholesalers, food service distributors and retailers from Korea, Japan, the EU, the US and other countries have been satisfied with the products, which are good quality and value. The capacity of this factory is 12,000 metric tons per year. From this factory, we can create many kinds of value added products.
With increasing customer demand, we started building another modern factory with even higher standards in October 2011, which will be ready for production from June 2012. This factory will add 6,000 more metric tons capacity of shrimp products per year.
Compared to the EU, US and Japan, Korea has been a big importer of Vietnam seafood, how has Quoc Viet exploited this potential market?
At present, Korea is the fourth-largest importer of seafood from Vietnam. Vietnam’s seafood export to this market is expected to continue to experience positive growth. For years, we have served the Korea market by supplying our Korean customers shrimp products whose quality and values are beyond their expectations: top quality products and variety, outstanding service and hands-on expertise to support the success of their businesses and to keep their customers coming back for more.
Vietnam seafood exports rose sharply in 2011 due to high export price and strong demand from international markets. However, with economic difficulties in the EU and US (among the three largest markets of Vietnam seafood), what do you expect the impact on the country’s 2012 export volume to be?
Seafood products are good for health and not too expensive to buy. Demand for seafood products has been increasing every year from around the world, despite the economic difficulties in the EU and the US. Moreover, Vietnam seafood products have been preferred by Korean customers to products from other countries. I think the Korea market will continue stable growth for years to come, despite economic recession. Therefore, it will not impact the country’s export volume in 2012.
Could you please reveal Quoc Viet’s development plans in the coming time?
In the coming time, Quoc Viet will continue producing top quality shrimp products using ethical and responsible practices and the highest standards of quality control in our modern processing plants and farming system. Our two-generation family company has been one of the leading shrimp processors and exporters thanks to strong partnerships with farmers in Vietnam and customers from Korea, the US, Japan, the EU, Australia, Canada and other countries. That’s Quoc Viet – quality and values of shrimp products for our customers.
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