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Vietnam's epidemic worsens, Minh Phu (Minh Phu Group) production capacity drops by more than 50%

 Last Update: 2021-09-10
 Source: Internet
 Author: User

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Vietnam Biz Vietnamese media reports, the Vietnamese new crown epidemic continues to worsen, the largest local shrimp farming and processing enterprises Minh Phu Seafood (MF Seafood Group) production decreased 50-70%
.

Le Van Quang, President of Minh Phu, said that although the company has received many overseas orders, its current capacity is only 50-70%, and only 25% of the employees are still working in the factory.
The company is facing labor shortages and transportation difficulties
.

"Vietnamese companies are not currently worried about product sales, but about the stability of production
.
Market demand is rising rapidly, especially in the US market, which has recently purchased large quantities of large-scale products
.
The transportation of white shrimp raw materials from farms to processing plants is a big deal.
The problem is that if the factory fails to operate normally, the company will not purchase raw materials
.
" Le Van Quang said
.

Le Van Quang recommends that shrimp farmers postpone the production season and adjust the peak harvest season to November, so that the factory has ample time for processing and distribution to the European market
.
Otherwise, when the epidemic and social distancing restrictions are over, October-December is just the peak demand season, and processing plants may fall into the dilemma of shortage of raw materials again
.

Epidemic shrimp farmed seafood

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