Only the developers can say for sure if there will be another chapter, but based on how many updates I've seen for Fish Tycoon 2, I think there will be more for VVO2, too. It's only been a week and a half since we got the chapter 2 update, so they're probably still working on fixing glitches and stuff right now. It took months to get chapter 2, so I'm guessing the next update is a ways off, assuming there will be one.