Vietnam moves to modernise shipping fleet Business

Vietnam moves to modernise shipping fleet

Vietnam’s sea transport sector has maintained good growth recently with the volume of goods transported by the Vietnamese fleet reaching more than 81 million tonnes in the first half of 2019, a year-on-year increase of 16 percent.
80 percent of State-owned economic groups earn profits Business

80 percent of State-owned economic groups earn profits

Up to 80 percent of the 19 State-owned economic groups and corporations under the management of the Committee for Management of State Capital at Enterprises (CMSC) earned profits in the first half of this year, fulfilling more than half of their yearly targets, according to the committee.
Inspection commission asks for discipline to ex-Deputy PM Politics

Inspection commission asks for discipline to ex-Deputy PM

The Party Central Committee’s Inspection Commission has proposed the Politburo to consider and take disciplinary action against Vu Van Ninh, former member of the Party Central Committee and former Deputy Prime Minister, for his violations committed while holding different positions.
Vinalines buys backs 75 percent stake in central port Business

Vinalines buys backs 75 percent stake in central port

State-owned Vietnam National Shipping Lines (Vinalines) has paid 415 billion VND (17.8 million USD) to reacquire a 75 percent stake in Quy Nhon Port JSC, which it had sold illegally to Hop Thanh Investment & Mineral JSC without the Government’s approval.
Vinalines to hold shareholders’ meeting in June Business

Vinalines to hold shareholders’ meeting in June

The Vietnam National Shipping Lines (Vinalines) is scheduled to hold its first shareholders’ meeting on June 24, starting operation as a joint stock company model with the new name Vietnam Marine Corporation (VIMC).
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).
New mechanisms to keep maritime transport sector afloat Business

New mechanisms to keep maritime transport sector afloat

Although there have been some positive signs in recent years, Vietnam’s sea transport sector still face difficulties with many enterprises suffering heavy losses. The maritime industry is proposing support mechanisms to help the sector out of its stagnant state.
Vinalines revived and setting sail  Business

Vinalines revived and setting sail

By restructuring its debt and fleet, and stepping up maritime transportation and seaport services, Vietnam National Shipping Lines (Vinalines) has set sail again after emerging from cho
Vinalines to open container shipping centre next week Business

Vinalines to open container shipping centre next week

The Vietnam National Shipping Lines (Vinalines) will open a logistics centre for container shipping on December 17 as part of moves to restructure the State-owned firm, according to Deputy Director General Do Thi Ngoc Trang.
Waterway transport needs investment Business

Waterway transport needs investment

A lack of investment in inland waterways has stunted the development of water-borne shipping and made Vietnam’s logistics sector heavily dependent on more expensive road transport.