August 3, 2007

Vietnam's Navifishco to be on the bourse

Navifishco (Nam Viet Corporation), Vietnam's biggest fillet processing company is gearing up to be listed on the stock exchange by the end of this month.

Located in the Mekong delta province of An Giang, Navifishco has a chartered capital of 660 billion VND (US$41.2 million) and five factories that process around 2,000 tonnes of fish per day.

Expansion plans are underway and already in the midst of rolling out a 500-hectares aquaculture zone and a 35,000 tonne cold storage facility.

Navifishco's "tra" and "basa"catfish have been exported to 65 countries and territories worldwide.