A traditional snack producer earns VND 500 billion annually from exports to the U.S. and EU

Few would expect that the humble and familiar shrimp chip – long beloved in Vietnamese households – has gained international acclaim, bringing in hundreds of billions of dong in export earnings each year and helping to elevate Vietnamese cuisine on the global culinary map.

Among the most prominent brands is Sa Giang Shrimp Chips, produced by Sa Giang Import-Export Corporation (stock code: SGC), a major enterprise based in Dong Thap Province, chaired by Ms. Truong Thi Le Khanh.

Crafted from premium shrimp – an iconic specialty of Dong Thap – combined with tapioca starch, rice flour, and natural seasonings, Sa Giang shrimp chips have become a renowned product cherished by consumers both domestically and internationally.

To date, Sa Giang shrimp chips have been exported to over 50 countries, affirming their product quality and successfully appealing to consumers in highly demanding markets such as the United Kingdom, France, the United States, and Japan.

Shrimp chips are currently the company’s flagship product, accounting for 80% of its total revenue. In parallel, Sa Giang has also expanded its product portfolio to include rice-based items such as pho, hu tieu, rice noodles, and rice paper.

Beyond traditional products, the company has diversified into new product lines such as crab chips, squid chips, as well as vegetarian and organic alternatives, and has extended into condiments including sauces and fish sauce.

Founded in 1960 by Mr. Le Minh Triet, Sa Giang began as a small-scale shrimp chip workshop in Sa Dec City, Dong Thap Province. Since then, it has grown into a specialized manufacturer of shrimp chips and rice-based foods.

In 2004, the company transitioned into a joint-stock structure and subsequently listed on the Hanoi Stock Exchange.

A pivotal moment came in 2021, when Sa Giang became a subsidiary of Vinh Hoan Corporation (stock code: VHC), with the latter acquiring a 76.7% stake. Backed by Vinh Hoan’s strong investment in technology and modern management systems, Sa Giang underwent a significant transformation to become one of Vietnam’s leading shrimp chip producers.

To meet rising export demand, Sa Giang commissioned a shrimp chip processing facility in 1999 with an annual capacity of 800 metric tons, now known as Sa Giang Shrimp Chip Plant No. 2.

In June 2003, the company brought online a second processing plant – Sa Giang Plant No. 1 – with an annual capacity of 2,500 metric tons and an investment of VND 17 billion.

By 2010, the company had upgraded the capacity of Plant No. 2 to 4,500 metric tons per year.

Thanks to continuous expansion in production scale, Sa Giang’s annual shrimp chip output has now surpassed 9,000 metric tons, generating employment for approximately 650 workers in Dong Thap Province.

From 2019 to 2024, Sa Giang’s export revenues recorded consistent year-on-year growth. In 2024, the company achieved export earnings of over VND 500 billion, marking a 71% increase compared to 2023.

Source: https://seafood.vasep.com.vn/