VHC – Minimal impact from the likely cancellation of TPP

■ VHC exports pangasius fish fillets, about ½ of which are sold in the US, prompting some concerns that the cancellation of the TPP trade pact would hurt the company.
■ Most of VHC’s local competitors are obligated to pay a 30-75% anti-dumping tariff on the products that they export to the US – which VHC is not obligated to pay.
■ The company is expanding beyond its core business of exporting frozen pangasius fillets, and into producing higher value-added products, including collagen.