Vietnam's Seafood Firms Ride Profit Wave Ahead of US Tariff Hike

Vietnam’s seafood companies reported surging profits in Q2/2025, driven by importers ramping up purchases ahead of new U.S. reciprocal tariffs.
Unexpected profit surges
In the Q2 financial statement season, many seafood enterprises announced strong profit growth.
Notably, Nam Viet Corporation – Navicorp (HoSE: ANV) recorded an all-time high post-tax profit of VND333 billion ($12.7 million), a significant improvement from a loss of VND2.3 billion in the same period last year. The profit surge was fueled by rising revenue and improved gross profit margin...
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