Vinalines seeks strategic investors in Singapore

The workshop attracted the participation of a large number of businesses operating in the field of maritime transport and services in Singapore. According to a representative of Vinalines, the company will issue shares to the public for the first time in December this year, with a chartered capital of US$550 million. In addition, Vinalines is also developing its seaport system, fleet and logistics infrastructure to create a full service supply chain to enhance its competitive advantage.

"First of all, we are interested in partners who have similar interests with Vinalines in the fields of shipping, seaports and logistics. Through this, we can share experiences in management as well as technical support issues, so that the process of equitisation can be successful. In addition, we also look forward to the participation of investment funds, banks and other organisations and partners", Le Quang Trung - Head of Market Development Department, Vinalines - said.

Also from Tuesday to Thursday, Vinalines has, for the first time, participated in SEA ASIA 2017, a leading maritime event in Asia-Pacific, held in Singapore. The event has seen the participation of more than 420 large maritime corporations from countries such as Singapore, China, Japan, South Korea, UAE, England, the Netherlands, and Norway.