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Technical Report No. 8 PORT AND SHIPPING

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3.2 Industrial Framework<br />

Vietnam National Shipping Lines<br />

I-3-5<br />

Vietnam National Transport Strategy Study (VITRANSS)<br />

<strong>Technical</strong> <strong>Report</strong> <strong>No</strong>. 8<br />

Shipping and Ports<br />

VINALINES was established on 1 January 1996 in accordance with the Prime<br />

Minister’s Decision <strong>No</strong>. 250/TTg dated 4 April 1995. To pursue organizational<br />

reform, operational management and commercial functions were transferred<br />

from VINAMARINE to VINALINES. As a result, a number of state-owned<br />

enterprises (SOEs), many of them leading ocean-going and coastal shipping<br />

companies, such as Vietnam Ocean Shipping Company (VOSCO), Vietnam Sea<br />

Transport and Chartering Company (VITRANCHART), Vietnam Shipping<br />

Company (VINASHIP), and Falcon Shipping Company (FALCON), were placed<br />

under VINALINES.<br />

One of the organization’s major functions is to operate five major ports in<br />

Vietnam, namely: Hai Phong, Quang Ninh, Danang, Saigon, and Can Tho, and<br />

the respective companies operating in these ports.<br />

Since its inception VINALINES has expanded its business activities in shipping,<br />

port operation and other services to improve cargo-handling capacity and<br />

increase transportation capacity. Together with its member companies,<br />

VINALINES has become a major stockholder in several joint venture and holding<br />

companies in the maritime industry. Following are the major operators and<br />

companies that comprise VINALINES’ business activities:<br />

1) Port Operators<br />

(1) Hai Phong Port (port and container terminal operation)<br />

(2) Quan Ninh Port (port operation)<br />

(3) Danang Port (port operation), joined in 1997<br />

(4) Saigon Port (port and container terminal operation)<br />

(5) Can Tho Port (port operation), joined in 1997<br />

2) Shipping Companies<br />

(1) VOSCO<br />

(2) VITRANCHART<br />

(3) VINASHIP<br />

(4) FALCON<br />

(5) Vietnam Sea and River Transport Corporation (VISERITRANS)<br />

(6) Maritime Petroleum Transport Company (MAPETRANSCO)<br />

(7) Thuy Bac Shipping Company<br />

3) Service Companies<br />

(1) Vietnam Ocean Shipping Agency (VOSA)<br />

(2) Vietnam Maritime Development Corporation (VIMADECO)<br />

(3) Vietnam Container Shipping Company – Hai Phong (VICONSHIP HP)<br />

(4) Vietnam Container Shipping Company – Saigon (VICONSHIP SG)

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