Scene of the 2025 Annual General Meeting of Shareholders of Vietnam National Shipping Lines
2020–2025: From crisis to strategic reinvestment
Speaking at the congress, Mr. Nguyen Canh Tinh - General Director of VIMC said that in 2024, in the context of the world economy continuing to face many post-pandemic challenges, VIMC has made efforts to restore growth and exceed production and business targets. Specifically, the parent company VIMC achieved revenue of VND 3,155 billion (131% of the plan) and pre-tax profit of VND 1,353 billion (equivalent to 145% of the plan).
The consolidated results of the whole Corporation were also impressive: revenue of VND 19,235 billion (143% of the plan) and pre-tax profit of VND 3,153 billion (equivalent to 115% of the plan and the management and operation efficiency of VIMC in the past year.
Mr. Nguyen Canh Tinh - General Director of Vietnam National Shipping Lines speaks at the congress. Photo: VGP/Thanh Huyen
The big highlight of the year was that VIMC cleared all accumulated losses by the end of 2023 and paid dividends for the first time after a long restructuring period. This was an important turning point, marking the strong recovery and financial stability of the enterprise.
The Board of Directors has proactively identified difficulties, closely followed the resolutions of the General Meeting of Shareholders, developed annual action plans and directed their implementation resolutely. Thanks to that, VIMC has not only stabilized its operations but also exceeded its plans year after year.
In-depth investment – Sustainable development – Comprehensive digital transformation
The 2025 - 2030 period is identified as the next strategic turning point with a long-term vision, closely following the industry development strategy for the 2021-2030 period, with a vision to 2035, while flexibly updating according to market trends.
In 2025, as a transitional year between two strategic phases, VIMC aims to complete at least 100% of the planned targets. To realize the goal, VIMC focuses on synchronously implementing 4 major groups of solutions.
Firstly, increase revenue and profit on the core foundation: Expanding areas such as container port exploitation, bulk cargo transportation, agricultural product transportation, iron and steel..., taking advantage of existing infrastructure and fleet. Optimize exploitation - control costs
Second, improve port productivity, shorten vessel turnaround times, increase container operating efficiency and control fleet costs.
Third, invest in developing new capacity: Continue to upgrade infrastructure, purchase new container ships, bulk carriers and oil tankers in line with market trends, ensuring investment efficiency.
Fourth, promote sustainable development and digital transformation: Strengthen operational discipline, improve processes, build a smart logistics ecosystem, and enhance competitiveness. These actions will lay the foundation for VIMC to make a breakthrough in the next decade, playing a leading role in Vietnam's maritime and logistics services.
Thanh Huyen
Source: https://baochinhphu.vn/vimc-phuc-hoi-manh-me-dat-muc-tieu-doanh-thu-hon-20000-ty-dong-102250709112642539.htm
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