shipping

VIMC profits exceed $130 million for second year in a row

January 09, 2023 | 11:28

The two most important business targets of Vietnam Maritime Corporation (VIMC), revenue and profit, are expected to exceed the set plan for 2022.

Shipping upgrades targeted for 2030

June 23, 2022 | 14:22

Developing a local shipping fleet to serve international routes could widen business prospects for carriers and relieve logistics burdens for exporters.

Movers and shakers talk shipping supply chain future

March 31, 2022 | 11:17

An upcoming seminar by the Ho Chi Minh City branch of the Singapore Business Group (SBG) will help to look ahead and beyond conventional supply chains, providing innovative and practical solutions, and will include speakers from various companies in the shipping, ports, and logistics industry.

First foreign shipping line pledges not to increase container freight rates

September 16, 2021 | 12:09

French shipping giant CMA-CGM, the world’s third-largest ocean carrier, has announced to suspend increasing container freight rates till February 2022.

Ho Chi Minh City allows shippers to deliver goods during social distancing

August 30, 2021 | 14:40

From August 30, Ho Chi Minh City allows shippers to operate in Thu Duc City and districts 8, 12, Go Vap, Binh Tan, Binh Thanh, Binh Chanh, and Hoc Mon.

Scenarios for seaport development in south in H2/2021

August 15, 2021 | 16:34

As port activities have been hit by the pandemic, three scenarios for seaports in the south have been constructed to project the growth in the second half of 2021.

Gemadept reports positive results but negative financial cashflow

August 10, 2021 | 13:13

Gemadept Corporation reported positive business results but negative cashflow in the first seven months of 2021.

Shipping companies enjoy positive earnings thanks to high sea freight rates

August 05, 2021 | 21:44

Record-high sea freight rates have seen shipping companies produce positive second-quarter earnings reports.

Quy Nhon Port makes strong profit in H1 despite COVID-19

July 28, 2021 | 20:58

Quy Nhon Port JSC handled over six million tonnes of goods in the first six months of 2021 while after-tax profit almost doubled to VND115 billion ($5 million).

Paradox: Thousands of containers idle at seaports amid severe shortage for delivery

July 28, 2021 | 20:56

While the world is in a crisis over the lack of empty containers and shipping fees are soaring, thousands of containers are idling away at Vietnamese seaports.

South Korea opens new container shipping route to Vietnam

May 26, 2021 | 09:03

South Korea’s opening a new container shipping route to Vietnam will create more favourable conditions for enterprises to increase bilateral export activities.