Mekong Fisheries JSC

What Mekong Fisheries JSC does

Mekong Fisheries JSC is a Vietnam-based seafood exporting company headquartered in My Tho, in the heart of the Mekong Delta — one of the world's most productive aquaculture regions. Founded in 1979 and listed on the Ho Chi Minh Stock Exchange under ticker AAM, the company has roughly 45 years of operating history in seafood production and export. It employs between 501 and 1,000 people. Its revenue model is the production and international sale of seafood products, though no specific product lines, certifications, or technology platforms are disclosed in available source data; the company website returned only a verification/loading page, providing no additional product or technical detail.

Financially, the company has been on a turnaround trajectory. Revenue contracted from approximately 20,529 billion VND in 2014 to a trough of 5,636 billion VND in 2023, before recovering to 6,022 billion VND in 2024 and 6,481 billion VND in 2025. Profitability has improved more dramatically: gross profit expanded from 37 billion VND (2023) to 806 billion VND (2025), EBITDA swung from a 266 billion VND loss to a 450 billion VND gain, and net income returned to a positive 70 billion VND after a 247 billion VND loss in 2024. The data suggests material operational restructuring or mix/pricing changes, though the underlying drivers are not disclosed.

Name

Mekong Fisheries JSC

Website

https://mekongfish.vn

Company type

Private

Founded year

1979

Headcount range

501–1,000 employees

Short description

Mekong Fisheries JSC is a Vietnam-based seafood exporting company headquartered in My Tho in the Mekong Delta, founded in 1979 and listed on the Ho Chi Minh Stock Exchange (ticker AAM), serving international seafood buyers with 501-1,000 employees.

Ownership category

akta.pro rank

Product category

Seafood Exports

NAICS

Seafood Product Preparation and Packaging (31171), Seafood Product Preparation and Packaging (3117), Fish and Seafood Merchant Wholesalers (42446)

SIC

Prepared Fresh Or Frozen Fish & Seafoods (2092)

akta.pro primary industry

Breaded/Battered & Fried Seafood Products (Frozen Convenience) (AFANADAH)

akta.pro secondary industry

Ethnic Meat, Poultry & Seafood Wholesale (AFAIAIAC)

Keywords

• Seafood exporting
• Fisheries products
• Seafood processing
• Aquaculture exports
• Frozen seafood

Headquarters

HQ city

My Tho

HQ country

Vietnam

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel

Core offering

Mekong Fisheries JSC is a seafood exporting company that produces and ships fisheries products from Vietnam's Mekong Delta region to international markets. The company, headquartered in My Tho, was founded in 1979 and is publicly listed on the Ho Chi Minh Stock Exchange under ticker AAM.

Differentiator

Problem solved

Functional benefit

Products and services

• Seafood Export Products Seafood products produced by Mekong Fisheries JSC in Vietnam's Mekong Delta region and exported to international markets. Designed for wholesale importers, distributors, and food companies seeking Vietnamese seafood supply.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Mowi ASA: World's largest Atlantic salmon farmer and a global seafood incumbent. Operates in adjacent aquaculture protein category, providing a relevant benchmark for aquaculture-based seafood economics, certifications, and export market dynamics.
• Nomad Foods: European frozen seafood giant (Birds Eye, Iglo brands). A broad incumbent in frozen prepared seafood — the downstream category Mekong supplies into — illustrating both the customer-side opportunity and the pricing power that branded incumbents wield versus commodity exporters.
• Thai Union Group: One of the world's largest seafood companies (tuna, shrimp, pet food), publicly listed in Thailand. Broadly incumbent in the same global seafood processing and export industry, with overlapping buyer relationships and brand-building capability that Vietnamese peers like Mekong lack.
• Charoen Pokphand Foods: Thailand-based agro-industrial conglomerate with significant shrimp and seafood processing operations in Vietnam. A broad incumbent with vertically integrated aquaculture and competing export footprints in Asia and Europe.

Direct peers

• Minh Phu Seafood Corporation: Leading Vietnamese shrimp processor and exporter listed on HOSE (MPC). Directly comparable in business model (aquaculture-based processing for export), customer base (US/EU/Japan), and operating geography (Mekong Delta).
• Vinh Hoan Corporation: Vietnam's largest pangasius (tra/Basa) exporter and the closest direct peer to Mekong Fisheries. Both are Vietnam-based seafood processors serving global export markets from the Mekong Delta, with overlapping product lines (frozen fillets, value-added seafood) and similar cost structures.
• Hung Vuong Corporation: Diversified Vietnamese seafood group with pangasius processing and aquaculture operations. Directly comparable end markets (export of frozen seafood fillets) and overlapping raw material sourcing in the Mekong Delta.
• Sao Ta Foods Joint Stock Company: Vietnamese shrimp processor/exporter (HOSE: FMC) focused on value-added seafood for Japan, the US, and EU. Closely comparable in scale, HOSE-listed status, and product orientation (frozen/processed seafood for export).
• Camimex Group: Vietnamese seafood processor and exporter (HOSE: CMX) producing frozen shrimp and pangasius. Comparable in size tier, HOSE listing, and focus on B2B seafood exports to global markets.

Emerging players

• Australis Seafoods: Chilean salmon producer (now majority-owned by Joyvio). Emerging salmon aquaculture player with comparable scale to mid-tier Vietnamese seafood processors; relevant for benchmarking aquaculture seafood growth and export economics outside Vietnam.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/mekongfishco
• LinkedInlinkedin.com/company/mekongfish

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mekong Fisheries JSC