Viet Uc is the first company in Vietnam to fully integrate the shrimp value chain with high quality products and services targeting strictest markets globally. We lead the way and set standards for the industry.

One of the best known growth stories in Vietnamese aquaculture is shrimp producing company Viet-Uc. The business, run by entrepreneur Van Thanh Luong, has set up the world’s largest shrimp hatchery producing 15 billion of postlarvae annually.

Applying hatchery management principles – controlling conditions from start to finish – to the nursery and grow-out stages, Viet-Uc is investing in large-scale intensive farming capacity. Covered and aerated ponds combined with on-site water treatment and waste management make it possible to bring all environmental aspects under control.

Adopting game-changing technologies in feed formulation such as complete fishmeal replacement, Viet-Uc is a pioneer and innovator in the field of sustainable shrimp production.

Mastering the hatchery stage has been the first step towards achieving better grow-out results.

15-40 BILLION PL 

With a 102 ha facility Near Bac Lieu, Viet-Uc has set up what is arguably the largest hatchery in the world producing circa 15 billion PL per year. The group’s total capacity is around 40 billion PL per year in 7 hatchery facilities.

1,000 HA 

Viet-Uc’s grow-out system is highly intensified in ponds of 500 m2 each. Stocking densities range from 250 to 500 PL per m2. By 2018 grow-out operations will cover 1,000 hectares (circa 550 greenhouses or 10,000 ponds).

4TH GENERATION

Viet-Uc is the only hatchery in Vietnam licensed to operate a breeding and genetics program. Their 4th generation PL already show better growth and survival than imported broodstock lines.

South Korea’s STIC Investment Inc has invested $16.5 million in Viet Uc Seafood through the Pan Asia Technology Fund by buying its shares. The remaining funds will be invested through another fund in the future.

Earlier, the Viet Uc Seafood received investment from Lotus Asia Investments, managed by Lombard, a North American-based fund management company. Now, Lotus Asia Investments holds 11.5 per cent of Viet Uc Seafood’s total shares.

Viet Uc Seafood is a wholly foreign invested firm with charter capital of VNÐ102.4 billion. The largest shareholder is Viet Uc Singapore Company holding 56 per cent of total shares while Viet Uc Hongkong Company holds 11.5 per cent. Luong Thanh Van, Viet Uc Seafood President and Chief Executive Officer, holds 19.2 per cent.

Viet Uc Seafood has not announced a new structure of its shareholders after receiving investment from the Korean fund.

Bình Thun Province-based Viet Uc Seafood has six facilities producing shrimp products. In addition, the corporation is building more facilities producing shrimp products in Quong Ninh and Sóc Trang provinces.

Viet Uc Seafood has total output of 50 billion units of shrimp products per year. Now, the company accounts for 24 per cent of the domestic market of shrimp products after three years of operation.