 Home > Food News > Food Articles > Vietnam's epidemic worsens, Minh Phu (Minh Phu Group) production capacity drops by more than 50%

Vietnam's epidemic worsens, Minh Phu (Minh Phu Group) production capacity drops by more than 50%

 Last Update: 2021-09-10
 Source: Internet
 Author: User

Tags

hb market

idea market

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Vietnam Biz Vietnamese media reports, the Vietnamese new crown epidemic continues to worsen, the largest local shrimp farming and processing enterprises Minh Phu Seafood (MF Seafood Group) production decreased 50-70%
.

Le Van Quang, President of Minh Phu, said that although the company has received many overseas orders, its current capacity is only 50-70%, and only 25% of the employees are still working in the factory.
The company is facing labor shortages and transportation difficulties
.

"Vietnamese companies are not currently worried about product sales, but about the stability of production
.
Market demand is rising rapidly, especially in the US market, which has recently purchased large quantities of large-scale products
.
The transportation of white shrimp raw materials from farms to processing plants is a big deal.
The problem is that if the factory fails to operate normally, the company will not purchase raw materials
.
" Le Van Quang said
.

Le Van Quang recommends that shrimp farmers postpone the production season and adjust the peak harvest season to November, so that the factory has ample time for processing and distribution to the European market
.
Otherwise, when the epidemic and social distancing restrictions are over, October-December is just the peak demand season, and processing plants may fall into the dilemma of shortage of raw materials again
.

Epidemic shrimp farmed seafood

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

Casein phosphopeptide for sale

CAS No.: 691364-49-5

Pharmaceutical grade

$600-700/MT FOB

Isolated Soy Protein 99% POWDER SAA986563 SAA

CAS No.: 9010-10-0

Food Grade

$2000-2500/MT FOB

stearic acid, monoester with triglycerol CAS NO 27321-72-8

CAS No.: 27321-72-8

Industrial Grade, Feed Grade, Food Grade, Pharma Grade

$11.11/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

announcements today(81)

80 20 company(94)

united states logo(227)

single use technology(195)

healthy food name(42)

ups united states(221)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.