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Vinh Hoan Announces Company Reorganisation

Lucy Towers
03 August 2016, at 1:00am

VIETNAM - Vinh Hoan Corporation (VHC), one of the worlds largest sustainable aquaculture companies, has announced a reorganisation that will separate the company into three divisions.

The divisional names reflect the different aspects of the company’s global aquaculture business: food, wellness, and research.

The new structure is intended to clarify these divisions to stakeholders in the markets Vinh Hoan serves.

Each division represents a different aspect of the company’s sustainable aquaculture business:

  • Vinh Foods: Provides premium seafood from sustainable aquaculture.
  • Vinh Aquaculture: Helps advance sustainable tropical aquaculture with a combination of
  • research, development, and education.
  • Vinh Wellness: Provides premium wellness products derived from sustainable aquaculture.

This reorganisation comes just ten weeks after Vinh Hoan appointed its new CEO, Ms Nguyen Ngo Vi
Tam.

Ms Tam said that naming the new divisions simply delineates the three main areas that Vinh Hoan has
already been working with. She feels the move will help each of the business areas compete more
effectively in the global market.

“Establishing distinct divisions will provide greater visibility in the market and will help us to focus our work and market communication,” said Ms Tam.

The company is best known as one of the world’s largest producers of premium pangasius fillets, also known as swai, basa, and river cobbler. This business will now be under the Vinh Foods division.