Sustainability is no longer optional

Aquaculture already provides over half the world’s seafood. There is little question that the industry will continue to grow in size and importance. The real question is, will it grow in a manner that is both economically and environmentally sustainable?

In truth, not all aquaculture is created equal. Too many fish-farming operations value short-term profits above all else, even when their practices compromise product quality, consumer safety, and the local environment. There’s little future in such a short-term approach. At the same time, aquaculture that is environmentally-friendly yet unprofitable is equally unworkable.

That’s why, from the beginning, Vinh Hoan has pioneered a different way—one that champions both environmentally-responsible aquaculture and economic success. We believe it will be increasingly difficult for producers to accomplish one without the other. The fact that we started our company with this balanced mission means it has manifested itself in our thinking, our processes, our products, and — ultimately — our balance sheet.

The dawn of the Eco-Economy

Vinh Hoan's collagen production facility reduces waste from existing aquaculture operations and provides new revenue streams.

Approaching our oceans and other water systems with a hunter-gatherer approach has never been a good idea — at least not when practiced on the industrial scale we’ve seen over the past century. Until recently, the effects of that exploitation were easy to ignore. That’s changed. Today the state of our environment is a top concern among scientists as well as with governments and consumers the world over. This has necessitated swift changes in many levels of society. One of these changes is the increased role that aquaculture will need to play.

Vinh Hoan is at the forefront of this change, working to ensure that we develop the aquaculture industry in a responsible manner. We do this in part for future generations.

But, we also do it because we believe that today corporate responsibility and environmentally sustainability have evolved from buzzwords to business imperatives. In this new Eco-economy, both commercial and private buyers want to know how the products they purchase are produced. Falling short on ethical or environmental grounds has become one of the easiest ways to lose a sale.

Vinh Hoan has embraced the Eco-economy full on. Today, we’re demonstrating aquaculture’s ability to provide bountiful food and innovative wellness products sustainably and profitably. We’re also advancing aquaculture through our own research and development efforts and by sharing what we learn with others.

Certifications

Our commitment to quality assurance and sustainability is more than words. We’ve taken the extra step to see that we comply with the world’s toughest standards.

 

 

Aquaculture Stewardship Council (ASC)

Vinh Hoan was the first pangasius company in Vietnam to obtain ASC certification, which focuses on the cornerstones of farming: environmental protection, community factors, food safety, and traceability.

Global Good Aquaculture Practices (GlobalGAP)

Vinh Hoan achieved GlobalGAP certification in 2010. GlobalGAP is a farming standard developed by FoodPlus — a leading retail group in Europe — which was established to set safety and sustainability standards for agricultural products all over the world with the aim of building customers’ trust in food safety through good agricultural practices. GlobalGAP covers food safety, traceability, staff safety and health, and environmental protection.

AquaGAP

Vinh Foods achieved AquaGAP certification in 2009. AquaGAP ensures transparency of origin, quality at each stage of production. It also attests to good aquaculture farming practices, which serve to maintain or improve the health of surrounding ecosystems. In addition, it represents adherence to principles of corporate social responsibility and a commitment toward local communities.

Best Aquaculture Practices (BAP)

BAP was developed by the Global Aquaculture Alliance (GAA) and is managed by the Aquaculture Certification Council (ACC). BAP certification ensures food safety, environmental protection, traceability, animal welfare, and social responsibility. In 2015, Vinh Hoan became the first organization in the world to be certified BAP 4 Stars for our hatcheries, feed production, pangasius aquaculture, and processing.

British Retail Consortium (BRC)

BRC initially developed its Global Standard for Food Safety in order to help the food industry meet legislative requirements of the EU General Product Safety Directive and the UK Food Safety Act, but it has since become recognized as a global standard.

International Food Standard, Version 4

The IFS Food Standard is a GFSI (Global Food Safety Initiative) recognized standard for auditing food manufacturers. The focus is on food safety and the quality of processes and products. It concerns food processing companies and companies that pack loose food products.

ISO 9001: Quality Management

ISO 9001 specifies requirements for a quality management system when an organization wishes to demonstrate its ability to consistently provide products and services that meet customer and applicable statutory and regulatory requirements.

ISO 14001: Environmental Management

ISO 14001 sets out the criteria for an environmental management system that can be then certified. It maps out a framework that a company or organization can follow to set up an effective environmental management system. The focus for Vinh Hoan is on our wastewater management systems.

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