- Sector
- Consumer non-durables
- Industry
- Food: meat/fish/dairy
- Address
- Da Nang Vietnam
- IPO Date
- Nov 18, 2019
- Business
- Thuan Phuoc Seafoods and Trading Corporation is a Vietnam-based seafood processing and trading enterprise primarily engaged in the farming, processing, packaging, and export of frozen and value-added seafood products, alongside cold chain logistics and commercial trading services. Established in 1987 and headquartered in Da Nang, Vietnam, the company operates across integrated business segments including Shrimp Processing, Fish and Cephalopods, Value-Added Food Products, Cold Storage and Logistics, and Commercial Trading.
The company's core product and service portfolio comprises frozen shrimp products, including Head-On Shell-On (HOSO), Headless Shell-On (HLSO), Peeled Deveined Tail-On (PDTO), Peeled and Deveined (PD), Peeled Undeveined (PUD), and butterfly cuts of Whiteleg shrimp (Litopenaeus vannamei) and Black Tiger shrimp (Penaeus monodon); value-added and ready-to-cook seafood products, including Nobashi shrimp, sushi ebi, breaded shrimp, tempura shrimp, shrimp skewers, seafood mix, spring rolls, and seafood dim sum; frozen fish and cephalopod products, including pangasius fillets, tuna, mahi-mahi, squid, cuttlefish, and octopus; processed agricultural products, including frozen tropical fruits and vegetables; cold chain storage and warehousing services, providing multi-temperature industrial cold storage leasing and bonded warehousing; and commercial trading operations, encompassing the distribution of aquaculture feed, packaging materials, and seafood processing equipment.
Thuan Phuoc Seafoods and Trading Corporation serves major international export markets, including the United States, Japan, the European Union, South Korea, Australia, Canada, and the Middle East, while also supplying supermarket chains and foodservice operators in the domestic Vietnamese market. The corporation maintains manufacturing facilities and logistics hubs in Central Vietnam and the Mekong Delta, including operations through its processing subsidiaries in Tien Giang province, and adheres to international food safety and sustainability standards such as HACCP, BRC, ASC, BAP, and ISO 22000.
In recent operational developments, Thuan Phuoc Seafoods and Trading Corporation has advanced several strategic initiatives to enhance competitiveness and supply chain integration. The company upgraded its production infrastructure by installing advanced Individual Quick Freezing (IQF) lines and automated packaging systems at its processing facilities in Da Nang and Tien Giang, increasing output capacity for high-margin ready-to-eat and ready-to-cook product lines. To secure compliant and traceable raw material supplies, the company expanded its network of ASC- and BAP-certified shrimp aquaculture partnerships across farming cooperatives in the Mekong Delta. Furthermore, the corporation has implemented sustainable manufacturing measures, including the deployment of industrial rooftop solar systems across its cold storage facilities to reduce energy expenditures and align with export market environmental, social, and governance standards, alongside adopting enhanced digital batch-traceability systems across its export distribution chain.