India’s Adani Group pushing for investment in Vietnam’s seaport Business

India’s Adani Group pushing for investment in Vietnam’s seaport

The Indian-based conglomerate Adani Group is working on a seaport investment project in Vietnam with an investment of about 2 billion USD, unveiled CEO of its Adani Ports and SEZ Limited (APSEZ) Karan Adani at a meeting with Vietnamese Minister of Transport Nguyen Van Thang in Hanoi on May 24.
Can Gio int’l transit terminal project hoped to start soon Business

Can Gio int’l transit terminal project hoped to start soon

Both the Vietnam Maritime Corporation (VIMC) and the Mediterranean Shipping Company (MSC), the world’s largest container shipping firm, have shown their resolve to soon start an international transit terminal project in Can Gio district of Ho Chi Minh City.
VIMC seeks approval for int'l container terminal project in HCM City's Can Gio district Business

VIMC seeks approval for int'l container terminal project in HCM City's Can Gio district

The Vietnam Maritime Corporation (VIMC) has proposed the Prime Minister, the Ministry of Transport, the Committee for Management of State Capital at Enterprises and the Ho Chi Minh City People’s Committee support its subsidiary Saigon Port JSC's plan to join hands with the Mediterranean Shipping Company to build and operate an international container terminal in Can Gio district.
VIMC set to earn 469 mln USD in 2021 Business

VIMC set to earn 469 mln USD in 2021

The State-owned Vietnam Maritime Corporation (VIMC) plans to earn some 10.8 trillion VND (nearly 469 million USD) in revenue this year and post 944 billion VND in consolidated profit, its shareholders’ meeting in Hanoi on April 22 heard.
Twelve SOEs report losses in 2019 Business

Twelve SOEs report losses in 2019

The Ministry of Finance has revealed that twelve out of 136 wholly state-owned enterprises had posted losses of 720 billion VND in total (31 million USD) in the first half of last year, and six others faced warnings regarding financial security.
Logistics market sees wave of investment from Japan, RoK Business

Logistics market sees wave of investment from Japan, RoK

The logistics market has become more vibrant in recent times with large merger and acquisition (M&A) deals between Vietnamese businesses and foreign investors who have strong financial and technological potential, especially those from Japan and the Republic of Korea.
Vinalines to have new brand name in Q2 Business

Vinalines to have new brand name in Q2

The Vietnam National Shipping Lines (Vinalines) will organise its general shareholders’ meeting in Quarter 2, officially changing its trading name to Vietnam Maritime Corporation (VIMC).