THUAN PHUOC SEAFOODS AND TRADING CORPORATION

THUAN PHUOC SEAFOODS AND TRADING CORPORATION, known in Vietnamese as Công Ty Cổ Phần Thủy Sản và Thương Mại Thuận Phước, is a well-established name in Vietnam’s seafood export sector. The company was incorporated on June 29, 2007, and operates as a publicly held joint stock company, registered under Business ID and Tax Code 0400100432 with the Da Nang City Department of Planning and Investment. It is currently listed on the Upcom stock exchange under the THP ticker.

The company’s head office is  No. 02, Bui Quoc Hung Street, Da Nang Fisheries Service Industrial Park, Tho Quang Ward, Son Tra District, Da Nang City. It maintains multiple branches in Da Nang and Tien Giang Province, demonstrating a national presence in processing and sourcing. The company’s workforce exceeds 2,400 employees, reinforcing its operational scale.

Chairman Mr. Tran V. L., a key figure in the industry with decades of experience, spearheads leadership. He is joined by Ms. Nguyen T. P. A., the General Director, who holds a 51.3% controlling stake in the company. Mr. Tran V. L. himself holds 7.1% ownership, while the remaining 41.6% is distributed among other shareholders

THUAN PHUOC’s core business is processing and exporting frozen shrimp and a variety of other seafood products. The company has long served markets in Japan, the U.S., and the EU. It is also licensed to operate in fields such as fish farming, beverages, real estate, education, and construction, highlighting a diversified business license portfolio, even if seafood remains the focus.

Historically, THUAN PHUOC CORP reported steady growth in both sales and equity. In 2022, the company recorded USD 127.7 million in revenue, before dipping slightly to USD 118.4 million in 2023. Profit declined from USD 837,000 to USD 583,000, reflecting pressures every day across Vietnam’s seafood industry due to tightening global demand and stricter regulatory requirements

Notably, the latest data from 2024 indicates a dramatic operational halt, with total assets, sales, equity, and profit all reported at zero. While this may reflect a data reporting lag, restructuring, or a temporary suspension, it signals the need for closer due diligence and risk assessment.

For investors, lenders, and business partners looking to understand THUAN PHUOC's financial and legal status and other Vietnamese seafood exporters, VANGUARD BUSINESS INFORMATION LLC (VNBIS) offers comprehensive reports, litigation checks, and updated credit evaluations. Visit www.vnbis.com to explore tools that minimize risk and unlock opportunities across Vietnam’s dynamic aquaculture sector.