1/18/2016

Vinalines revenues rise 12%

Vietnam's national shipping company Vinalines has posted a 12% rise in revenue last year.
Income increased to VND 18.4 trillion ($822.53m), the company's acting general manager Nguyen Canh Tinh told the Vietnam Economic Times.

Last week, Vietnam's government told the owner it must sell out of nine subsidiaries. Eight of these are port operations: Khuyen Luong, Danang, Vinalines Dinh Vu, Cam Ranh, Nam Can, Nghe Tinh, Can Tho and Cai Lan.