On November 22, 2024, VNF reached a significant milestone in our journey to conquer international markets. We officially signed a strategic partnership agreement with Fishcare, a leading distributor with 25% market share in the seafood industry in South Korea.
Fishcare is led by Mr. Sung Hyun Kim, CEO and R&D Director, a top expert in aquaculture pathology with 10 years of study and research in Norway. Mr. Kimβs family has over 40 years of experience in marine fish farming, providing a strong foundation for Fishcare’s growth.
π The signing ceremony took place during VNFβs business trip to South Korea, with the presence of close friends from both sides and the VNF team. The warm, friendly atmosphere made the event even more meaningful.
β¨ Mr. Sung Hyun Kim personally guided the VNF team on a tour of flounder farms in Jejuβpremium marine fish that hold 65% of the seafood market share in Jeju, a source of pride for South Korea.
Notably, these farms have successfully implemented VNFβs hydrolyzed shrimp protein products to boost productivity. This not only underscores the superior quality of our products but also demonstrates their market acceptance in South Korea.
π€ VNF is proud to continue our development journey, partnering with Fishcare to create new value for the aquaculture industry in South Korea.