Vinalines to sell dated ships

0 vote(s)Comment

Báo Dân Trí English 2 week(s) ago

Vinalines to sell dated ships

The state-owned shipping firm Vinalines is seeking permission from the Ministry of Finance and the Ministry of Transport to sell six cargo vessels at low prices in order to cut losses and repay debts.

Keywords: 

Vinalines proposes to sell infamous Lash Song Giang fleet

0 vote(s)Comment

Báo Đầu Tư English 2 week(s) ago

Vinalines proposes to sell infamous Lash Song Giang fleet

State-owned shipping firm Vinalines is striving to tackle a big debt owed by its subsidiary Vinashinlines through selling the infamous Lash Song Giang ship fleet, which has stopped operation for about eight years now.

Keywords: 

Vietnam state shipping line seeks to downsize fleet amid losses

0 vote(s)Comment

Báo Thanh Niên English 2 week(s) ago

Vietnam state shipping line seeks to downsize fleet amid losses

Vinalines, the state-controlled shipping company which has made losses and piled up debts for many years, is seeking the government's permission to sell off six cargo ships in a new attempt to pull itself out of financial trouble.

Keywords: 

Vietnam sells rusty dock for nearly $1.7 mln after spending $22 mln

0 vote(s)Comment

Báo Thanh Niên English 3 week(s) ago

Vietnam sells rusty dock for nearly $1.7 mln after spending $22 mln

State shipping company Vinalines has sold an abandoned floating dock that cost it VND500 billion (US$22 million) for a much smaller sum of VND38.5 billion ($1.69 million), news website Bnews reported on Saturday.

Keywords: 

Vinalines’ deferred IPO deters foreign investors

0 vote(s)Comment

Báo Đầu Tư English 1 month(s) ago

Vinalines’ deferred IPO deters foreign investors

The long-delayed approval of an equitisation plan for the country’s largest state-owned shipping company, Vinalines, has again been set back, leaving foreign investors languishing in an investment dilemma concerning some loss-laden joint venture ports.

Keywords: 

Vietnam province takes over Nha Trang port from debt-ridden Vinalines; mulls upgrade

0 vote(s)Comment

Báo Đầu Tư English 2 month(s) ago

Vietnam province takes over Nha Trang port from debt-ridden Vinalines; mulls upgrade

The administration of the south-central Vietnamese province of Khanh Hoa is poised to turn the local Nha Trang port into an international tourist harbor, after taking over the facility from a loss-making company on Thursday.

Keywords: 

Van Phong Port project revived

0 vote(s)Comment

Báo Đầu Tư English 2 month(s) ago

Van Phong Port project revived

Nha Trang Port JSC has received a licence to revive Van Phong Port in the central province of Khanh Hoa, which stalled several years ago after the original investor ran out of funds.

Keywords: 

Loss-laden operators seek port in the storm

0 vote(s)Comment

Báo Đầu Tư English 3 month(s) ago

Loss-laden operators seek port in the storm

The operators of Cai Mep International Terminal and SP-PSA International Port are seeking policy support to improve their operational efficiency amid heavy losses.

Keywords: 

Vinalines gets green light for selling dock linked to massive corruption

0 vote(s)Comment

Báo Thanh Niên English 3 month(s) ago

Vinalines gets green light for selling dock linked to massive corruption

A file photo of floating dock 83M, the crooked deal to buy which got two unscrupulous executives the death sentence. Photo: Diep Duc Minh

Keywords: 

Obscure firm to seize strategic stake at Vinalines port

0 vote(s)Comment

Báo Đầu Tư English 3 month(s) ago

Obscure firm to seize strategic stake at Vinalines port

Vietnamese company Viet Xuan Moi has just been chosen as the strategic partner to buy 51 per cent of Vinalines Dinh Vu Port JSC.

Keywords: 

Singapore seeks further investment in Viet Nam's ports

0 vote(s)Comment

Báo Đầu Tư English 4 month(s) ago

Singapore seeks further investment in Viet Nam's ports

Singapore expects to further co-operation with Viet Nam in maritime services and sea ports, Singaporean Ambassador to Viet Nam Ng Tech Hean said.

Keywords: 

When buying high and selling low makes sense

0 vote(s)Comment

Báo Dân Trí English 4 month(s) ago

When buying high and selling low makes sense

Even though the Vinalines and Vinashin cases have ended and the guilty sentenced, the scandal continues to play out.

Keywords: 

Vietnam spent $22 million on this rusty dock, now struggles to sell it at $1.5 million

0 vote(s)Comment

Báo Thanh Niên English 4 month(s) ago

Vietnam spent $22 million on this rusty dock, now struggles to sell it at $1.5 million

State shipping company Vinalines has sought the government's permission to auction an abandoned floating dock in an attempt to reclaim some of the huge money it has poured into the controversial investment since 2008.

Keywords: 

BUSINESS IN BRIEF 23/2

0 vote(s)Comment

VietnamNet English 4 month(s) ago

Insurance revenues seen higher than payouts in 2016

Keywords: 

Vietnam resurrects mega-port project in central coast town

0 vote(s)Comment

Báo Thanh Niên English 4 month(s) ago

Vietnam resurrects mega-port project in central coast town

A file photo of the construction site of Van Phong Port whose work has been suspended for six years. Photo: Hien Luong

Keywords: 

Top page