GODACO SEAFOOD JOINT STOCK COMPANY

Godaco Seafood Joint Stock Company is a major Vietnamese fishery processing enterprise specializing in pangasius and clam products for both domestic and international markets. Established in 2007, the company has grown into one of the region’s largest seafood processors, operating multiple factories and branches across Tien Giang, Vinh Long, and Long An provinces. The company employs 5,000 workers, reflecting its substantial production scale and extensive export oriented supply chain.

Godaco maintains a diversified set of registered business activities that extend beyond seafood processing into aquaculture, animal feed manufacturing, agricultural raw materials trading, and transport services. 

Leadership and Shareholders

The company is led by Nguyen V. D., Chairman and General Director, who oversees strategic direction, international market development, and overall export operations. His leadership is supported by Le S. T. and Nguyen T. T. T., both serving as Deputy General Directors with responsibilities in production management, quality standards, and commercial relationships.

The shareholder structure includes both foreign and domestic investors.
Panga Holdco Pte. Ltd of Singapore holds 61.7 percent, representing controlling ownership and providing international capital backing.

Financial Growth and Market Risks

The company reported USD 77.09 million in revenue in 2023. Despite growth in total assets, both equity and profit declined significantly due to weaker market conditions and reduced export demand. The company recorded a substantial loss in 2023, reflecting industry wide challenges in pricing, raw material costs, and international competitiveness. Working capital fell sharply, signaling the importance of liquidity management going forward.

Godaco operates in a sector exposed to export market volatility, foreign exchange movements, changes in import regulations in key markets, and biological risks from aquaculture. Profitability in the pangasius industry is highly sensitive to global demand cycles and cost fluctuations. Investors seeking a full understanding of Godaco’s solvency, credit behavior, and multi year financial trends can access detailed insights through the VNBIS Company Comprehensive Report.

Business Intelligence and Risk Outlook

Vietnam’s seafood export sector continues to face shifting regulatory requirements, pricing pressure from competing markets, and the need for sustainable aquaculture practices. Godaco’s vertically integrated model provides advantages in traceability and raw material control, helping the company adapt to evolving demands from international buyers.

Short term performance will depend on improvements in export prices, feed cost stability, and global consumption trends. Long term competitiveness will rely on investment in product diversification, aquaculture efficiency, and compliance with increasingly stringent international standards. Stakeholders who require deeper clarity on market positioning and operational resilience will find further insights in VNBIS’s advanced intelligence offerings.

VNBIS Support and Business Services

Vanguard Business Information LLC (VNBIS) provides a comprehensive suite of business intelligence solutions to support investors, importers, suppliers, and financial institutions evaluating Godaco Seafood Joint Stock Company.

VNBIS services include:

• Company Credit Reports evaluating solvency, liquidity, and financial health
• Risk Management Solutions analyzing exposure to seafood market cycles, export volatility, and raw material risks
• Business Verification and Due Diligence Reports confirming ownership structure, regulatory compliance, and governance practices

For clients requiring up to date financial statements, verified corporate information, and freshly investigated insights, the VNBIS Company Comprehensive Report offers the most complete and authoritative assessment available. VNBIS enables transparent, secure, and data driven business decisions.