Nam Viet Corporation (NAVICO), headquartered in Long Xuyên, An Giang Province, Vietnam, is one of the country’s largest vertically integrated seafood producers and exporters. Specializing in Pangasius (basa) fish farming, processing, and distribution, NAVICO operates across the full aquaculture value chain—from hatchery to farming, processing, and export. With over two decades of industry leadership, NAVICO is recognized globally for its product quality, sustainability initiatives, and scale of operations.
Company Overview
Founded in 1993 and publicly listed on the Ho Chi Minh Stock Exchange (HOSE: ANV), Nam Viet Corporation has grown to become a major player in Vietnam’s aquaculture industry. The company operates one of the largest Pangasius farming areas in the Mekong Delta, with its own hatcheries, feed mills, and high-capacity processing plants. NAVICO serves over 80 international markets, exporting high-quality frozen fish fillets and value-added seafood products to leading retailers, wholesalers, and foodservice distributors worldwide.
Core Business and Product Lines
NAVICO's diverse portfolio includes:
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Frozen Pangasius Fillets:
- IQF, vacuum-packed, skin-on/skinless, individually or interleaved.
- Fillets, steaks, strips, and blocks available in multiple specifications.
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Value-Added Products:
- Breaded and battered Pangasius portions.
- Seasoned fillets for retail and foodservice use.
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Other Farmed Fish:
- Red Tilapia and Tilapia fillets.
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Aquaculture By-Products:
- Fish Oil: Used in pharmaceuticals, animal feed, and biodiesel production.
- Fish Meal and Fish Powder: Protein-rich by-products for livestock and aquaculture feed.
- Collagen and Gelatin Extracts: Used in cosmetics and functional food applications.
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Ancillary Products:
- Adhesives and packaging materials developed from fish processing by-products.
Unique Selling Propositions
- Full Vertical Integration: From hatchery to export, ensuring traceability, quality control, and cost efficiency.
- Large-Scale Farming: Owns over 300 hectares of fish farming ponds and production facilities.
- Sustainability Commitment: Implements closed-loop water treatment, fish waste recycling, and green energy projects.
- Export Prowess: One of Vietnam’s top three Pangasius exporters by volume and value.
- Global Certifications: Compliant with multiple international standards for food safety and sustainability.
Financial and Market Insights
- Publicly Listed: Traded on HOSE under the symbol ANV.
- Annual Revenue (2022): VND 4,428 billion (~USD 185 million)
- Net Profit (2022): VND 781 billion (~USD 32.6 million)
- Employees: Approximately 6,000 across farming, processing, and administrative functions.
- Export Volume: Over 100,000 metric tons of frozen seafood products annually.
- Export Value (2022): USD 164 million
- Top Export Markets: USA, China, EU (Netherlands, Spain, Germany), Middle East, South America, Japan
(Source: NAVICO financial reports and Vietnam Association of Seafood Exporters and Producers - VASEP)
Shipment and Export Data
- Packaging: Bulk cartons (10kg, 20kg), retail vacuum packs (500g–1kg), customized private label SKUs.
- Logistics: Cold chain export logistics through Cat Lai, Cai Mep, and Saigon ports.
- Certifications for Export:
- ASC (Aquaculture Stewardship Council)
- BRC (British Retail Consortium)
- HACCP
- ISO 22000
- Global GAP
- IFS (International Featured Standards)
- HALAL and FDA-compliant
Target Market
- Retail Chains: Supermarkets and grocery brands with frozen food sections.
- Foodservice and HORECA: Restaurants, hotels, catering companies, and school feeding programs.
- Wholesalers and Importers: Bulk buyers for national distribution in seafood-importing countries.
- OEM & Private Label Clients: Global seafood brands and distributors.
Capabilities
- Processing Plants: 6 EU-standard factories with a daily capacity of 1,000+ tons.
- R&D and Quality Assurance: In-house labs for microbiology, water analysis, and product development.
- Feed Production: Own feed mills ensure high nutrition control and traceability.
- Sustainability Programs:
- Zero-waste fish processing.
- Solar panel integration for energy supply.
- Reusable water circulation systems.
Certifications and Compliance
- ASC Certified
- Global GAP Certified
- BRC, IFS, ISO 22000, HACCP
- FDA Approved
- HALAL Certified
- VietGAP Compliant for domestic distribution
Customer Testimonials
- “NAVICO is our trusted Pangasius supplier for over 7 years—consistent quality and professional service.” – Importer, Netherlands
- “Their ASC-certified fillets meet all our retail compliance needs in Europe.” – Supermarket chain buyer, Germany
- “Value-added fish products from NAVICO help us stay competitive in the Middle East market.” – Distributor, UAE
Achievements and Recognition
- Top 3 Pangasius Exporter in Vietnam (2022, 2023) – VASEP
- Vietnam Gold Food Brand Award
- Sustainable Aquaculture Champion – Vietnam Fisheries Association
- Showcased at Seafood Expo Global (Brussels & Barcelona), China Fisheries Expo, and Vietfish
Nam Viet Corporation (NAVICO) stands as a flagship enterprise of Vietnam’s aquaculture industry. Through its integrated operations, strong financial performance, and unwavering commitment to sustainability and food safety, NAVICO continues to supply global markets with reliable, high-quality seafood products that reflect both Vietnamese expertise and international standards.