VIETNAM Maritime Corporation

VIMC News | VIMC Corp | VIMC Celebrates Three-decade Proud Journey of Development

By GMM News | 2025-05-11 | Global Partner News |

Shipping giant Vietnam Maritime Corporation (VIMC) held a ceremony on May 10 in Hanoi to celebrate its 30th anniversary, and received the second-class Labour Medal.

The event was attended by leaders of the Party and government, the Ministry of Finance, relevant ministries, strategic partners at home and abroad, and VIMC employees.

Speaking at the ceremony, Mr. Le Anh Son, chairman of VIMC, emphasised, “The Second Class Labour Medal awarded by the president is a great encouragement and motivation for all staff and employees of VIMC. The 30-year journey is not only a journey of development, but also a process of challenges and innovation. VIMC is committed to continuing to expand its operations, improve its competitiveness, and make more contributions to the Vietnamese economy.”

VIMC, known as Vinalines in the past, was established in 1995 after restructuring shipping, port, and maritime service enterprises. It started with a modest charter capital of less than VND1.5 trillion ($60 million) and a fleet of 49 ships with an average age of 21.5 years, a total tonnage of 400,000 DWT. At that time, Vinalines did not even have a dedicated port, but only 6,900m of berths.

VIMC has gone through many stages of development, from its peak when the fleet reached 159 ships, with a total tonnage of nearly 3.5 million DWT and accounting for 45 per cent of the country’s total tonnage. Then the global financial crisis in 2008 put the group on the brink of bankruptcy.

During that difficult period, thanks to the direction and guidance of the government and the support from ministries and agencies, VIMC has gradually overcome those obstacles. Especially, its people carrying the spirit of a seafarer have strived to find breakthrough solutions and implemented them.

VIMC is aiming to improve port operation efficiency, expand logistics services, and invest in a modern, environmentally friendly fleet. The company has been cooperating with the world’s leading shipping groups to enhance international maritime connectivity.

In addition, VIMC is looking at digital solutions and applying AI and big data to port operations and supply chain management. The application of digital technology will help optimise costs, improve operational efficiency, and minimise environmental impacts.

The corporation is planning to develop modern logistics centres in Haiphong, Danang and Ho Chi Minh City, contributing to optimising the maritime supply chain. These facilities will play an important role in connecting international shipping routes, helping to increase the competitiveness of Vietnam’s maritime industry.

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