BioMar and Vietnam’s leading shrimp hatchery, Viet-UC, have signed a memorandum of understanding with the intention of BioMar becoming part owner and operational lead in the feed factory currently owned by Viet-UC.

As one of Vietnam's largest shrimp hatcheries, Viet-UC aims to build "an integrated seafood group" with BioMar playing an integral role, said the company in a release.