Camimex Conquering World Market
Ca Mau Frozen Seafood Processing Import Export Corporation (Camimex) has gradually set up strong foundations for its stable development by renovating technologies, expanding production scales and adopting new market approaches. The products of the company have been highly appreciated by Vietnamese and foreign customers. By its belief and confidence, the company has continuously extended its arm on the road to conquering the world.
Challenges make growth
The predecessor of Camimex was the Ca Mau Frozen Enterprise which was set up on September 13, 1977 with an initial investment capital of VND21.5 billion (mainly from State budgets and bank loans). From the founding day to 1985, Camimex only manufactured block frozen shrimps and its unique customer was Seaprodex Vietnam. In the past few years, Camimex has continuously expanded its production scale, renovated and improved the managerial capacity, renewing technologies and manufacturing good-looking and high-quality products. Hence, the business efficiency is being improved and the business relationship with worldwide customers is strengthened.
With fundamental changes, especially its equitisation in early 2006 with a chartered capital of VND65 billion (US$4 million), the production capacity is increasingly being enlarged and is bringing the company into a stable development. The turnover, profits, export revenues and workers’ incomes are augmented.
Lessons Make Success
Ms Nguyen Thi Tuyet, general director of Camimex, said: Today’s achievements have resulted from the renovation policies of the Party, from instructions from central and local ministries and branches and from banks’ supports to the company’s business development in the market-oriented economy. Notably, Camimex always attaches special importance to the renovation of technologies and the application of new achievements to improve the quality of products and to satisfy the requirements of the market. At the same time, the company effectively exploits available sources of local materials and manufactures high value products of block frozen shrimps, IQF shrimps, steamed shrimps, cooked or blanched shrimps. The company also boosts its marketing activities through trade fairs and advertisements. In addition, Camimex also pays due attention to heightening the skills of its workforce, increasing the value-added products and ensuring the production of products of quality, safety and hygiene.
Khac Phu