Viconship acquires more shares of Vietnam's largest container fleet operator Hai An despite market volatility 

Vietnam Container Shipping JSC (Viconship) continued to increase its stake in Hai An Transport and Stevedoring Joint Stock Company (HAH), amid ongoing fluctuations in the Vietnamese stock market and the VN-Index on the Ho Chi Minh Stock Exchange (HoSE) facing a key resistance level.

According to a report submitted to the State Securities Commission and the HoSE, during three consecutive trading sessions from May 27 to May 29, Viconship, listed on the HoSE as VSC, purchased a total of 2,201,600 HAH shares.

This increased its holdings from 14,247,900 shares (10.969%) to 16,449,500 shares, equivalent to 12.663% of Hai An's charter capital.

Notably, Viconship’s subsidiaries also hold shares in Hai An, including Green Logistics Center One Member LLC with 1,441,300 shares (1.110%) and Green Port Services One Member LLC with 1,992,500 shares (1.534%).

Following this transaction, the total direct and indirect ownership of Viconship and its subsidiaries in Hai An has increased to 19,883,300 shares, accounting for 15.307% of the company’s charter capital.

This aggressive buying move reflects Viconship's continued confidence in Hai An's long-term potential, despite general market correction pressures. The increased stake may be aimed at strengthening strategic cooperation and expanding influence in the logistics and maritime transport sectors, which offer significant opportunities alongside notable challenges.

Viconship, established on July 27, 1985, was one of the first state-owned enterprises to provide container shipping services at that time. In 2002, it was equitized and became a joint stock company. In 2008, the company was officially listed on the HoSE as VSC.