VUG Hits Daily Limit for Four Straight Sessions, Market Value Nears VND 4.7 Trillion
Shares of Vietnamese seafood company CTCP Thủy sản Việt Úc hit the daily price limit for four consecutive sessions after joining UPCoM on November 9. By November 12, VUG had risen about 111.5% from its first-day reference price, lifting the company’s market value to about VND 4.693 trillion.
On November 12, shares of CTCP Thủy sản Việt Úc (VUG) rose 14.8% to close at VND 34,900 per share. It was the stock’s fourth consecutive session at the daily price limit since joining the UPCoM market. The share price was up about 111.5% from its first-day reference price of VND 16,500 per share on November 9; it rose 40% on its first trading day.
VUG shares closed at VND 34,900 per share on November 12.（VietVance）
Based on about 134.5 million shares outstanding, the company’s market capitalization was approximately VND 4.693 trillion on November 12, up nearly VND 2.475 trillion in four trading sessions. At that day’s share price, its market capitalization was about 2.09 times its equity as of September 30, 2026.
The company was founded in 2001 in what was then Bình Thuận Province, an area now part of Lâm Đồng Province, and initially produced shrimp seed. It holds about 32% of the shrimp seed market, has annual production capacity exceeding 50 billion shrimp, and has subsidiaries stretching from Quảng Ninh to Cà Mau. The company’s core business is genetics and breeding technology. It uses genomics and DNA data to select traits including growth rate, adaptability and survival rate.
CTCP Thủy sản Việt Úc’s core business includes shrimp seed production and breeding.（VietVance）
In the first nine months of 2026, the company recorded consolidated net revenue of nearly VND 931 billion and pre-tax profit of VND 36.4 billion. Its shrimp seed business generated VND 789.7 billion in revenue and VND 551.9 billion in gross profit, for a gross margin of nearly 70%. As of September 30, the company had equity of VND 2.2435 trillion and borrowings of about VND 24.9 billion; cash and short-term investments totaled VND 371.8 billion, nearly 15 times its outstanding borrowings.
Source: VietVance
