Tags: vinalines

Vinalines builds scenarios to cope with market difficulties

Vinalines builds scenarios to cope with market difficulties

Vietnam National Shipping Lines (Vinalines) has developed scenarios under which they would restructure resources and reduce costs in a bid to cope with market difficulties amid negative impacts from the COVID-19 outbreaks, especially in the Chinese market.

Vinalines eyes to join Global Shipping Alliances

Vinalines eyes to join Global Shipping Alliances

Vinalines will devise a number of measures to further promote growth of its three key sectors of seaport, shipping industry and maritime services towards joining in the Global Shipping Alliances (GSA).

Equitisation of SOEs still sees slow progress

Equitisation of SOEs still sees slow progress

Only nine state-owned enterprises (SOEs) were given the green light from the government for their equitisation plans this year, reported the Ministry of Finance (MoF).

Vinalines buys backs 75 percent stake in central port

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

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

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

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.

Fierce competition in shipping industry predicted for 2019

Fierce competition in shipping industry predicted for 2019

Total goods exchange output will increase rapidly, bringing opportunities to Vietnam’s shipping firms, experts said at a seminar on container maritime transport, held on the occasion of the launch of a book on maritime transport in Vietnam by leading expert Lars Jensen.

Vietnam National Shipping Lines surpasses all targets in 2018

Vietnam National Shipping Lines surpasses all targets in 2018

The Vietnam National Shipping Lines (Vinalines) surpassed all its production and business targets set for 2018, with its maritime transport output reaching 24.3 million tonnes of goods, and total revenue hitting VND13.85 trillion (US$592.8 million).

Vinalines’ container shipping centre to debut

Vinalines’ container shipping centre to debut

The Vietnam National Shipping Lines (Vinalines)’s container shipping centre will be put into operation on December 17, said Vinalines Deputy General Director Do Thi Ngoc Trang.

Vinalines to open container shipping centre next week

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.

Port ventures saw positive performance

Port ventures saw positive performance

Despite improvements in ­performance in the first 10 months of 2018, joint-venture seaports involving state-owned ship giant Vinalines and foreign ­partners are struggling with stiffening competition.