Mitsui to acquire 35pc stake in Vietnamese shrimp producer Minh Phu
Minh Phu owns two processing plants and shrimp farms equivalent to an area of 900 hectares in southern Vietnam
(JAPAN, 5/17/2019)
Japanese trading group Mitsui & Co., Ltd. has agreed with Vietnam-based Minh Phu Seafood Joint Stock Company, the world's biggest shrimp integrator from farming to processing and sales, to acquire a 35.1 per cent equity interest of the company for JPY 17 billion (approximately USD150 million).
Minh Phu owns two processing plants and shrimp farms equivalent to an area of 900 hectares in southern Vietnam. It has built a strong position by vertically integrating all stages from shrimp farming to processing and sales. Minh Phu's extensive range of products, including value-added products, are ex...
(More Info)
Japan’s Marine Product Imports Exceed Domestic Production Japan
The following is an excerpt from an article published by nippon.com:
Japan’s fishing industry is not the force that it once was, and in 2022 the country imported marine products worth ¥2 tr...
Fish face vast decline if emissions are not reduced Worldwide
The following is an excerpt from an article published by Dialogue Earth:
Failing to keep warming to below 3C could mean a 30% decline in catchable fish in many countries, huge study suggests
Gl...
Korean Market Situation for Shrimp and Cuttlefish South Korea
As of June 2024, the volume of frozen whiteleg shrimp imported into the country recorded 235 tons, a 72% decrease compared to the same period last year, and this figure is a significant decrease from ...