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Hung Vuong profit dives on 17% drop in pangasius fillet price, higher costs

Net profit falls by 76.7% as Vietnamese pangasius farmer says it was hit by increase in costs, coupled with lower prices

By Undercurrent News | March 1, 2013 08:28 GMT
US pangasius fillet imports from Vietnam slip year-on-year through October
Floating pangasius farming villages in Chau Doc. Credit: Jean-Pierre Dalbera
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Hung Vuong, Vietnam's second largest pangasius exporters, cited a 16.8% drop in the export price of pangasius fillets as one of the reasons for a poor end of the year in 2012. [...]

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