Attempting to maintain the growth in the current context of economic depression, specifically export output of 33,000 tons, export revenue valued at 80,000 million USD, turnover of 1,500 billion VND and gross benefit reached to 52 billion VND. Salary of staff members averaged: 2,000,000 VND/person/month. For such targets to be met, it is important for the Company to take the marketing sector into account, centering on potential markets such as the Middle East, South America, African countries,… to make up for the previous slumping ones due to the financial crisis.

Regulating the marketing structures in line with aquacultural sector’s directions and mitigating business risks. In the mid-March, 2009, the US Department of Commerce (DOC) wil bring forward the last announcement on anti-dumping case to some Vietnam frozen fillet catfish products. Accordingly, AGIFISH will be imposed with the tariff rate of 0.52%. In this regard, the Company will find it easier to export its catfish products to the US market.

In the present situation of falling price, reducing product cost price is a vital solution to improve its competition, lauching the movement of reducing cost, ingredients, water and electricity consumption, and packaging materials. It is also an optimal solution for the Company to increase the product quantity to lower cost price because the more the quantity is, the less assets deduction on product units is. The General Director will allocate contract norms for each respective factory to enhance its prodution and business efficiency.

Carrying out the equipment and technological investment to promote value-added products and diversify export products. Particularly, the Company has received several orders for value-added power-soaked fillet and spice-soaked fillet products from Europe, Australia and South American countries. These kinds of products are the top priorities for development investment of the Company in 2009.

The operation of DELTA AGF Company-owned freezing chamber system of 12,000 tons at My Thoi port in the first quarter of 2009 by making use of its availability and shipping facilities assists AGIFISH in improving its competitive capability and reducing selling costs.

Difficulties during the deflation period are the condition for AGIFISH to restructure its management body, improve the labor employment, hence enhance staff’s qualifications.

Building and upgrading the waste treatment systems in factories to hold accountable to surrounding communities and environmental protection. Particularly, AGF7 waste treatment system has been upgraded from 500 cum/day to 1,000 cum/day; AGF8 from 700 cum/day to 1,200 cum/day.

Promoting the horizontal links among enterprises with regard to market and high quality aquacultural production, agreeing upon product standards, ingredient floor price and export floor price to restrict the trade frauds and unhealthy competition, causing a great loss for Vietnam’s economy and product prestige.

Promoting the links between enterprises and fish farmers (vertical link), typically APPU to stabilize the quantity and quality of raw ingredients, avoiding the unbalance between breeding and processing.

Promoting services activities: provision of feed and aquacultural veterinary medications.