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.
Hanoi (VNA) - The State-owned Vietnam Maritime Corporation (VIMC) plans to earn some 10.8 trillion VND (nearly 469 million USD) in revenuethis year and post 944 billion VND in consolidated profit, its shareholders’meeting in Hanoi on April 22 heard.
In the 2021-2025 period, the company will conduct a number of majorprojects, such as Terminal 4 and 5 at Hai Phong’s Lach Huyen InternationalGateway Port, upgrades and expansions to Quy Nhon Port, and the second phase ofDa Nang’s Tien Sa Port.
VIMC currently holds dominating stakes in 19 subsidiaries and 16 associates andshares in 16 seaport enterprises, and manages and operates more than 13,000metres of wharves, including at key ports around the country such as Hai PhongPort, Saigon Port, Da Nang Port, and Quy Nhon Port.
It officially began operations as a joint stock company last September,with more than 1.2 billion shares listed.
It generated over 1.4 trillion VND in pre-tax profit from port services lastyear and more than 1.7 trillion VND from maritime services, 9.8 percent and 12percent higher, respectively, than the annual goals, despite being challengedby COVID-19, according to VIMC Director General Nguyen Canh Tinh.
Ending the year, VIMC posted total revenue of nearly 651 billion VND butincurred losses of more than 1.1 trillion VND due to large debts remaining fromprevious years./.
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.
Vietnam National Shipping Lines (Vinalines) will officially begin operations as a joint stock company on September 1 and change its name to the Vietnam Maritime Corporation (VIMC).
The Vietnam National Shipping Lines (Vinalines) began operation under the model of joint stock company on August 18, making its new international trading name Vietnam Maritime Corporation (VIMC).
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
At the meeting (Photo: VNA) 
