Posts Tagged ‘ Vinalines: ’

Sole rescued sailor floated in open ocean for 5 days 

January 7, 2012
Sole rescued sailor floated in open ocean for 5 days 

  Dau Ngoc Hung (L) arrives at Hanoi’s Noi Bai International Airport January 4. Hung is the sole survivor out of 23 sailors who were on board the Vietnamese cargo vessel Vinalines Queen which reportedly sank off the Philippines on December 25 without sending distress signals. The sole survivor from the Vinalines Queen, the Vietnamese [...]

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Foreign ships join continued search for Vietnamese freighter 

January 3, 2012
Foreign ships join continued search for Vietnamese freighter 

A file photo of the Vinalines Queen Vietnamese search and rescue authorities said Saturday 13 foreign ships traveling in the vicinity of the Vinalines Queen freighter, which allegedly went missing off the Philippines on Dec. 25, have accepted a request to search for the ship. Nguyen Anh Vu, director of the Vietnam Maritime Search and Rescue Coordination [...]

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Shipping group executives violated rules 

October 8, 2011
Shipping group executives violated rules 

  The Ministry of Public Security has concluded investigations into financial mismanagement at state-owned shipbuilding corporation Vinashin and sought charges against eleven officials, including the former chairman and general director. The officials are deemed responsible for inflicting losses of more than VND900 billion (US$43 million) on the state budget. Investigators have proposed to the Supreme [...]

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Vietnam inspects loss-making shipping firm 

September 20, 2011
Vietnam inspects loss-making shipping firm 

A ship belonging to Vinalines. G overnment inspectors Thursday began investigating fund and property management at leading shipping firm Vinalines, which announced big losses recently.   The 75-day inspection will cover Vinalines’ long term investments initiated between the beginning of 2007 and the end of 2010.   Vinalines will be required to provide clear and adequate answers [...]

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Vinalines makes big plans for stalled port project 

May 8, 2011
Vinalines makes big plans for stalled port project 

  Vietnam’s top shipping firm Vinalines says it wants to expand a key international container port even though its construction has been indefinitely delayed since last year. Construction of the Van Phong Port in the central province of Khanh Hoa started in October 2009. According to the original plan, the US$3.6-billion port would have 42 [...]

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China releases Vietnamese ship after $800,000 compensation payment 

April 18, 2011
China releases Vietnamese ship after $800,000 compensation payment 

Vinalines Global, detained in a commercial dispute in China, has been released after the compensation of US$800,000 ordered by a Chinese court was paid Friday. A Vietnamese ship detained in China in a commercial dispute is expected to head back to Vietnam Sunday, after its owner, state-owned Vietnam Shipping Lines (Vinalines), paid US$800,000 in compensation.   [...]

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Work begins at last on huge Central VN container port project

October 22, 2009
Work begins at last on huge Central VN container port project

As Vinalines begins construction of wharves, commentators point out that important obstacles must still be overcome. Until now, Van Phong Bay in Khanh Hoa province has been best known for some excellent scuba diving sites.  On October 31, however, work will begin on the first port in Vietnam designed specifically to serve as a container [...]

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Saigon Port seeks transport ministry intervention to ease load

May 14, 2009
Saigon Port seeks transport ministry intervention to ease load

Parent company Vinalines said Wednesday it has asked the Ministry of Transport to call other ports nearby and have them receive more unpacked cargo in a bid to ease congestion at its subsidiary Saigon Port. Vinalines itself would ask its other subsidiaries like Hai Phong, Quang Ninh, Da Nang, and Cam Ranh to lend equipment [...]

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BUSINESS IN BRIEF 9/5

May 9, 2009
BUSINESS IN BRIEF 9/5

Highland strawberry prices bloom; PM okays interest subsidy for needy; Northern port city re-exports frozen food containers; Vinalines urges Can Tho to complete paperwork for projects; Ministry warning over low sugar supplies due to fallen sugarcane crop Highland strawberry prices bloomDa Lat’s strawberry growers have benefited from heavy rains during the last two weeks, which [...]

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BUSINESS IN BRIEF 8/5

May 8, 2009
BUSINESS IN BRIEF 8/5

Blue chips help Index rebound; Vinalines urges Can Tho to complete paperwork for projects; Border gate trade fair to kick off; Power centre kicks off infrastructure project The punters were back in force on May 7, concentrating mostly on the blue chips and helping the VN-Index regain 3.92 percent to 363.85 point at closing. Advancers outnumbered [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...