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 will operate as a joint stock company from June this year. (Source: VNA)
Hanoi (VNA) - The Vietnam National ShippingLines (Vinalines) is scheduled to hold its first shareholders’ meeting on June24, starting operation as a joint stock company model with the newname Vietnam Marine Corporation (VIMC).
Under the new model, the corporation will still focus its business on seaports,marine transportation and marine services.
In preparation for equitisation, the corporation has held two share offerings,in which the initial public offering attracted 42 investors who registered tobuy nearly 5.5 million shares, accounting for 1.1 percent of the total 490million shares offered for auction. Meanwhile, more than 483 million shareswere offered at the second public offering, but no one registered to buy.
The corporation earned revenue of nearly 2.9 trillion VND (124 million USD) inthe first quarter of this year, in which the marine transportation reached 1.2trillion VND, seaports 1.08 trillion VND and the remainder came from marineservices.- VNA
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.
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 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.
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).
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Vinalines will operate as a joint stock company from June this year. (Source: VNA)
