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Wednesday, September 3, 2025

IDI – strong partnership drives global reach

Phong Lan

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International Development & Investment Corporation (IDI), a member of Sao Mai Group, hosted its 2025 Customer Conference, gathering company leaders, tra fish (pangasius ) industry experts, local authorities, and a large number of farmers from across the Mekong Delta.

The annual event aims to strengthen partnerships, share market updates, and build consensus on strategies for sustainable growth in the tra fish sector. It also underscores IDI’s ambition to take its export revenue to the next level.

Strong business growth

Despite global economic uncertainties, IDI has maintained solid growth. In 2024, consolidated revenue reached nearly VND7.2 trillion. In the first half of 2025, revenue climbed to almost VND3.5 trillion, surging 72% over the same period last year.

The company also gained a competitive edge in the U.S. market, with the latest POR19 review confirming IDI’s low anti-dumping duty rate.

Market outlook and opportunities

Industry data shows Vietnam’s tra fish exports exceeded US$1 billion in the first six months of 2025, an 11% increase year-on-year. Shipments to the U.S. and Brazil recorded the strongest growth.

At the same time, new U.S. tariff policies have raised cost pressures. However, IDI sees this as an opportunity to demonstrate its strengths in product quality, transparent traceability, and a sustainable supply chain.

“We don’t move ahead or lag behind — we stand shoulder-to-shoulder with farmers through thick and thin,” said IDI General Director Le Van Canh.

The company’s steady profit growth amid market challenges reflects its strategic vision and internal resilience.

At the IDI factory, tra fish fillets are meticulously processed to meet the highest export quality standards.

Partnering closely with farmers

IDI considers farmers its strategic partners. At the conference, the company demonstrated its commitment by announcing several support measures: stable purchase commitments, secured outlets, and fast payment. It also pledged to offer financial support, technical guidance, feed supply, and upfront cost advances to ease farmers’ initial financial burden.

Additional policies include fair adjustments to the feed conversion ratio (FCR) based on harvest size, reduced feed interest rates during natural disasters or adverse weather, and guidance on optimal stocking density to lower FCR, shorten farming time, and boost efficiency.

IDI is also expanding standardized farming zones, implementing full traceability, and applying uniform farming techniques to meet international market standards.

Development orientation for 2025–2026

In early 2025, IDI began construction of a new seafood processing plant dedicated to the U.S. market, with an investment of over VND700 billion. The facility is designed to meet U.S. standard quality requirements.

Duong Nghia Quoc, chairman of the Vietnam Pangasius Association, praised the strong partnership model between IDI and local farmers.

For 2025, IDI looks to obtain revenue of VND8 trillion and post-tax profit of VND170 billion. Its strategy focuses on improving quality, diversifying export markets, and leveraging tariff advantages to strengthen competitiveness. IDI is committed to collaborating with farmers to build a sustainable and efficient tra fish value chain that is competitive on a global scale.

At the conference, IDI emphasized a clear message to farmers: “Strong partnership drives global reach”. “We don’t move ahead or lag behind — we stand shoulder-to-shoulder with farmers through thick and thin,” the company said.

IDI and its partners share a common goal of strong connections and global reach.

The 2025 Customer Conference was more than an appreciation event. It was a declaration of IDI’s long-term vision to build strong connections and go global.

With a solid financial base, impressive business results, and practical support policies, IDI is confident about partnering with farmers to reach new heights for Vietnam’s tra fish industry on the global stage.

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