A transport route connecting Quy Nhon Port in the south-central province of Binh Dinh with Northeast Asian countries is to open on June 3.
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.
The State-owned Vietnam National Shipping Lines (Vinalines) plans to divest capital from 13 member companies this year.
The novel coronavirus has caused problems to most of the roadway logistics firms, however at sea it is having a mixed affect.
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).
As the world modernises at a mindboggling pace, more and more companies are switching to blockchain technology.
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).
Vietnam’s ports and shipping industry is more than sufficient to meet the country’s demand in import-export activities.
Prime Minister Nguyen Xuan Phuc has approved in principle the Hai Phong Port JSC’s plan to invest in the construction of container terminals 3 and 4 at Lach Huyen Port, Hai Phong city.
The Prime Minister has asked ministries and Government agencies to support maritime shipping firms.
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.
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).
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).
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 Logistics Vietnam Joint Stock Company (Vinalines Logistics) will improve logistics services and expand operational network in a bid to realise its target of attaining at least 10 percent in profit growth.
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.
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).
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.
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.
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.