Seaport operator Viconship appoints new chair, targets 20.8% pre-tax profit hike

Seaport operator Viconship appoints new chair, targets 20.8% pre-tax profit hike

Container Shipping Joint Stock Corporation (Viconship), one of the leading seaport operators and service providers in Vietnam, has appointed board member Nguyen Duc Dung as its new chairman following Bui Minh Hung’s sudden resignation.

Companies - Thu, May 16, 2024 | 9:27 am

Container shipping firm Viconship’s 2024 AGM fails to meet quorum

Container shipping firm Viconship’s 2024 AGM fails to meet quorum

Vietnam Container Shipping Joint Stock Corporation (Viconship) could not hold its 2024 AGM last month after failing to meet its quorum.

Companies - Wed, May 15, 2024 | 4:31 pm

Container shipping firm Viconship posts lowest net profit in 15 years

Container shipping firm Viconship posts lowest net profit in 15 years

The burden of interest rate costs pulled down Vietnam Container Shipping Joint Stock Corporation’s (Viconship) 2023 net profit to its lowest level since 2009.

Companies - Mon, February 19, 2024 | 11:03 am

Container shipping firm Viconship raises funds for port acquisition, hotel construction

Container shipping firm Viconship raises funds for port acquisition, hotel construction

The Vietnam Container Shipping Joint Stock Corporation (Viconship) is mobilizing capital from a share issuance to finance the acquisition of Nam Hai Dinh Vu Port and build the Hyatt Place Hai Phong Hotel in the northern city of Hai Phong.

Companies - Mon, October 2, 2023 | 3:07 pm

Danang welcomes first container ship connecting central Vietnam to US Oakland

Danang welcomes first container ship connecting central Vietnam to US Oakland

Tien Sa seaport in Danang city welcomed WanHai 362 shipping route on Tuesday, the first container shipping route connecting central Vietnam to Long Beach, Oakland, the U.S., without transit via any mothership.

Companies - Tue, September 5, 2023 | 9:41 pm

Logistics sector insider calls for joint efforts to cut high costs

Logistics sector insider calls for joint efforts to cut high costs

Logistics enterprises in Vietnam should join hands to lower high logistics costs and improve the industry’s competitiveness, CEO Cap Trong Cuong of Vietnam Container Shipping JSC said on Tuesday.

Industries - Wed, May 24, 2023 | 9:35 am

Vietnam, Cambodia have shortest port turnaround time in ASEAN: World Bank

Vietnam, Cambodia have shortest port turnaround time in ASEAN: World Bank

Container shipping in Vietnam and its neighbor Cambodia had the lowest turnaround time at ports in ASEAN in June 2022 as both secured an average of 0.9 days, the World Bank says.

Economy - Wed, April 26, 2023 | 4:34 pm

Container line Hapag-Lloyd introduces new service in Vietnam, Southeast Asia

Container line Hapag-Lloyd introduces new service in Vietnam, Southeast Asia

Hapag-Lloyd, a global leader in container shipping, has launched a new service with flexible port coverage in Southeast Asia, connecting Vietnam, Malaysia, and Indonesia.

Companies - Fri, March 17, 2023 | 4:25 pm

Gloomy profit outlook for logistics firms: top broker SSI

Gloomy profit outlook for logistics firms: top broker SSI

Vietnamese container shipping and logistics companies expect a gloomy profit outlook this year due to weak demand and increased supply, said Saigon Securities Inc.

Economy - Fri, February 3, 2023 | 9:42 am

Maersk opens fixed container shipping route to Ha Long

Maersk opens fixed container shipping route to Ha Long

Danish shipping giant Maersk opened a fixed route connecting Vietnam and China via Cai Lan international container terminal (CICT Cai Lan) in Ha Long town of Quang Ninh province on Wednesday.

Companies - Thu, October 6, 2022 | 4:40 pm

Oil & gas transporters’ profits to speed up, container shippers’ to dip

Oil & gas transporters’ profits to speed up, container shippers’ to dip

Oil and gas transportation companies are expected to enjoy significant second-half profit growth extending to next year, while container shipping firms see slower growth.

Companies - Wed, August 3, 2022 | 9:09 am