Shipping major PVTrans sets 2024 after-tax profit of $31 mln

Shipping major PVTrans sets 2024 after-tax profit of $31 mln

Shipping firm PVTrans, a subsidiary of state-owned energy giant Petrovietnam, targets to earn VND8.8 trillion ($356.7 million) in revenue and VND760 billion ($30.8 million) in after-tax profit this year, respectively down 7 % and 39% from 2023.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam's booming logistics sector still has room for growth

Vietnam's booming logistics sector still has room for growth

VinaCapital’s chief economist Michael Kokalari explains why investors should pay close attention to various opportunities in Vietnam’s logistics industry.

Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7

French firm prepares to launch cargo sailing ship in Vietnam

French firm prepares to launch cargo sailing ship in Vietnam

French cargo company and chocolatier Grain de Sail will launch its cargo sailing ship Grain de Sail II in Vietnam in a few months, the company said.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam, Malaysia marine firms partner up to serve oil-gas sector in Malaysia

Vietnam, Malaysia marine firms partner up to serve oil-gas sector in Malaysia

A joint venture has been established between Vietnam’s Hai Duong Petroleum and Marine Corporation (Haduco) and Malaysia’s RMS Synergy Sdn Bhd to offer shipping services to oil and gas contractors in Malaysia.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Logistics firms zoom in on Vietnam as competitive production base

Logistics firms zoom in on Vietnam as competitive production base

Both domestic and foreign companies are seeking to make greater inroads into Vietnam’s freight and logistics market as the country emerges as a major Asia-Pacific manufacturing base.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese ships to carry 20% of seaport goods by 2030

Vietnamese ships to carry 20% of seaport goods by 2030

Vietnam’s commercial fleet is tasked with carrying 10% of import-export goods at domestic seaports in 2026 and then 20% in 2030, according to a Ministry of Transport scheme on the country’s shipping development.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Government okays two new wharves at central Vietnam port

Government okays two new wharves at central Vietnam port

The Ministry of Transport has approved investment for two additional wharves at Thua Thien-Hue's Chan May Port, and has directed the central province to seek project investors.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7