Hung Vuong Corporation (Public, HCM:HVG) primary production process ranging from the collection of raw material to processing has now been fully closed with various stages from the selection of breed, feed production, farming, processing, cold storage to the exportation of pangasius fillets finished products. The Corporation is currently in possession of over 200 hectares of farming water area, and at the same time cooperates with local farmers in other 150 hectares of aquaculture area, this has ensured 70% of the quantity of raw material needed for the Corporation’s production.
Taking advantage of the achievements obtained during the past five years, Hung Vuong Corporation is concentrating its efforts to expand its business in form of cooperation in setting up representative offices in Germany and Spain, diversify retail-packed products for sale in
supermarkets and at the same time develop the potential markets in the Middle East, Central America, North Africa to ensure the increased export volume by the year 2015. Export turnover for 2009 is expected at 180 million USD, revenue is more than 4,000 billion VND and after-tax profit is 300 billion VND.
The Company has five subsidiaries and two affiliates.