Vinalines eyes to join Global Shipping Alliances

Vinalines will devise a number of measures to further promote growth of its three key sectors of seaport, shipping industry and maritime services towards joining in the Global Shipping Alliances (GSA)
Vinalines eyes to join Global Shipping Alliances ảnh 1Illustrative photo (Photo: Vinalines)

Hanoi (VNA)
- TheVietnam National Shipping Lines Corporation (Vinalines) willdevise a number of measures to further promote growth of its three key sectorsof seaport, shipping industry and maritime services towards joining in the GlobalShipping Alliances (GSA).

According to Acting General Director of Vinalines Nguyen Canh Tinh, thefirm will focus resources on these three decisive fields, which are expected tocreate breakthrough development for the corporation.

Vinalines will pay attention to improving its competitiveness through providingall-in-one logistics service to customers, and promoting application of informationtechnology, especially in managing and operating seaports.

Tinh said in the strategy of developing sea transport after equitisation, Vinalineswill conduct investment expansion and cooperate with container shipping firms betweenVietnam and other countries in the world through transshipment and deep-waterports of Vinalines.

The firm is looking to join GSA to affirm itself as a container transshipmentunit in the region, he stressed.

According to Tran Tuan Hai, head of the Development Strategy and Communication Departmentof Vinalines, maritime services is one of the core segments that bring greatprofits to the corporation.

The firm will cooperate with the Vietnam Logistics Business Association andother business associations to research and advise the Government to completethe legal framework for logistics management in Vietnam; boost cooperation andform joint ventures with member businesses and foreign partners in order to createa global shipping services supply network.

It will also develop added-value services for customers and multimodal logisticsservices, as well as expand its service network by building a wide network ofagents in and outside the country to increase competitiveness.

Hai stressed that beside the above-mentioned solutions, it is also important tofind new markets. Vinalines will also pay heed to investing in development ofinland container depots (ICD) and distribution depots in strategic locations,towards forming a chain of services and key ports, towards attracting businessesto participate in activities and providing package services to customers, Haisaid.

According to the Vietnam Maritime Department, 300,000 enterprises have registeredto operate in logistics-related fields in the country, with 1,300 of them beingproviders of maritime and logistics service. Vietnam is home to about 30transnational logistics businesses.

Vinalines is a State-owned enterprise engagingin shipping, port management, maritime services and logistics in Vietnam andabroad.

The firm reported that morethan 106 million tonnes of goods were shipped via its port network last year,6.3 percent more than in 2018. Its vessels transported 23 million tonnesof cargo, up 11.6 percent against the previous year.

Bythe end of 2019, Vinalines' consolidated revenue was estimated at more than12.4 trillion VND (518 million USD), 6 percent above the 2018 figure,while its profit reached 669 billion VND./.



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