vinalines

State-owned Vinalines to divest capital from 13 firms in 2020

February 20, 2020 | 16:27

The State-owned Vietnam National Shipping Lines (Vinalines) plans to divest capital from 13 member companies this year.

Vinalines reports the losses of $21.7 million in second quarter

August 13, 2019 | 12:34

Vinalines reported VND8.1 trillion ($352.17 million) in total outstanding loans, including more than VND5.36 trillion ($233.04 million) in bank loans.

Vinalines sells old ships to restructure fleet

July 31, 2019 | 21:27

The Vietnam National Shipping Lines (Vinalines) plans to sell 11 old vessels with total tonnage of more than 230,000 tonnes this year.

New mechanisms to keep maritime transport sector afloat

February 25, 2019 | 10:21

Although there have been some positive signs in recent years, Vietnam’s sea transport sector still face difficulties with many enterprises suffering heavy losses. The maritime industry is proposing support mechanisms to help the sector out of its stagnant state.

Vinalines to cut interest in loss-making Vitranschart to 36 per cent

November 14, 2018 | 17:41

Vinalines has announced that it will cut the state holding in Vitranschart from 58.03 to 36 per cent to reduce losses.

Vinalines fails to attract investors to IPO

September 06, 2018 | 10:35

Vinalines sold 5.44 million shares at its initial public offering (IPO) on September 5, only 1.1 per cent of the nearly 490 million shares offered for sale.

Vinalines IPO garnering new interest

August 30, 2018 | 14:00

After forecasts had dimmed the outlook for state-owned shipping giant Vinalines' upcoming IPO, the prospects for the hottest state divestment in the shipping industry in 2018 are on an upward trend, thanks to growing interest from international groups.

Uncertainties around Vinalines’ IPO

August 23, 2018 | 12:13

Despite high engagement from foreign investors, forecasts for the upcoming IPO of state-run shipping giant Vinalines are not promising, triggering fears of it becoming the latest in a string of failed IPOs. Bich Thuy and Nam Phuong report.

Vinalines conducts roadshow to promote upcoming IPO

August 21, 2018 | 16:20

State-run shipping giant Vinalines conducted a roadshow yesterday to promote its upcoming IPO scheduled for September 5, 2018 at the Hanoi Stock Exchange.

Vinalines’ IPO hits a tougher road after SK failure

August 15, 2018 | 08:00

The failure of SK Securities, a new arm of South Korea’s J&W Partners Ltd., to become a strategic partner of Vietnam’s state-run shipping group Vinalines, has signalled a tougher road ahead for the latter’s plan to divest its 34.8 per cent state stake at the upcoming initial public offering in Hanoi.

Vinalines to conduct IPO on September 5

August 07, 2018 | 10:45

Vinalines will offer 500 million shares at its IPO at the starting price of VND10,000 on September 5, 2018.

Foreign investors bail on Vinalines sale

August 02, 2018 | 15:00

Despite interest from many international corporations ahead of the equitisation, the long-awaited race to become a strategic investor in state-run shipping giant Vinalines turned out to be less fierce than expected, with only one South Korean conglomerate registering for the deal.