Cong Ty Co Phan Thuc Pham Sao Ta (Vietnam)

Cong Ty Co Phan Thuc Pham Sao Ta, located in Soc Trang, is a company that was formerly a state-owned enterprise established on January 20, 1995. It started operating frozen shrimp manufacturing and exporting on February 3, 1996. On January 1, 2003, it was transformed into Sao Ta Foods Joint Stock Company with the trade name FIMEX VN. The company's stock was listed at HOSE with stock code FMC on December 7, 2006. The processing plants of FMC are located in Soc Trang City, which is near the main transportation route and the key shrimp sources. This location provides advantages in transporting materials and products and accessing human resources. FMC has solid foundations in major markets such as the EU, Japan, and the USA, and also occupies considerable market shares in South Korea and Australia. The company's processing capability is among the leading ranks in Vietnam, and its products are supplied to big restaurant and distribution chains. In 2008, FMC installed a vegetable factory named An San Foods Factory, specializing in various vegetable products for the Japan market. In 2015, FMC completed the setup of a new factory, Sao Ta Seafood Factory, to increase its frozen shrimp processing capacity. In 2018, another factory named Tin An Seafood Factory started processing breaded shrimp products. FMC also operates a certified shrimp farm. The company aims to double its farming area by 2025 and become the second largest shrimp exporter in Vietnam. FMC focuses on ensuring product quality, including safeness, deliciousness, and nutritiousness. Its business strategy for 2021-2025 includes taking advantage of business opportunities generated by Industry 4.0 and Covid-19, upgrading product quality, and implementing sustainable development goals. The company values transparency, green economics, and a circular economy. FMC aims to maintain its core values, such as keeping promises and practicing economizing, while enhancing internal unity and mutual support. The company's products are safe, delicious and nutritious, traceable, and appropriate to the goals of sustainable development.