Minh Phu Seafood sets this year''s target of nearly VND15.8 trillion (US$686.3 million) in revenue, and nearly VND1.1 trillion (US$47.4 million) in profit after tax, up 10% and 62% year-on-year, respectively.
MPM Investments Pte Ltd, a subsidiary of Japan’s Mitsui & Co Ltd, has acquired 60 million shares in Minh Phu Seafood Joint Stock Company (MPC) to raise its stake in the Vietnamese shrimp processor to 35.1 per cent.