VIMC recovers strongly, sets revenue target of more than 20,000 billion VND

(Chinhphu.vn) - In 2025, Vietnam National Shipping Lines (VIMC) sets a target consolidated revenue of VND20,793 billion, pre-tax profit is expected to reach VND3,076 billion. On July 9, Vietnam National Shipping Lines (VIMC) held the 2025 Annual General Meeting of Shareholders (AGM).

A view of the 2025 Annual General Meeting of Shareholders of Vietnam Maritime Corporation.

Period 2020–2025: From crisis to strategic reinvestment

Speaking at the congress, Mr. Nguyen Canh Tinh - General Director of VIMC - said that in 2024, amidst the global economy continuing to face many post-pandemic challenges, VIMC made efforts to restore growth and exceeded its production and business targets. Specifically, the parent company VIMC achieved revenue of VND 3,155 billion (completing 131% of the plan) and pre-tax profit of VND 1,353 billion (equivalent to 145% of the plan).

The consolidated results for the entire corporation were also very impressive: revenue of VND 19,235 billion (reaching 143% of the plan) and pre-tax profit of VND 3,153 billion (equivalent to 115% of the plan and reflecting VIMC's effective management and operation over the past year).

Mr. Nguyen Canh Tinh - General Director of Vietnam Maritime Corporation, speaking at the congress. Photo: VGP/Thanh Huyen

A major highlight of the year was VIMC eliminating all accumulated losses by the end of 2023 and, for the first time, paying dividends after a prolonged restructuring period. This is a significant turning point, marking a strong recovery and financial stability for the company.

The Board of Directors proactively identified challenges, closely followed the resolutions of the General Shareholders' Meeting, developed annual action plans, and decisively directed their implementation. As a result, VIMC not only maintained stable operations but also exceeded its targets year after year.

In-depth investment – ​​Sustainable development – ​​Comprehensive digital transformation

The period 2025-2030 is identified as the next strategic turning point with a long-term vision, closely adhering to the industry development strategy for the period 2021-2030, with a vision to 2035, while flexibly updating according to market trends.

In 2025, as a pivotal transitional year between two strategic phases, VIMC aims to achieve at least 100% of its planned targets. To realize this goal, VIMC is focusing on implementing four major groups of solutions simultaneously.

Firstly, increase revenue and profit based on core business: Expand into areas such as container port operations, bulk cargo transportation, agricultural product transportation, steel transportation, etc., leveraging existing infrastructure and fleet advantages. Optimize operations and control costs.

Secondly, improve port productivity, shorten vessel turnaround times, increase container handling efficiency, and control fleet costs.

Thirdly, invest in developing new capabilities: Continue upgrading infrastructure, purchasing new container ships, bulk carriers, and oil tankers in line with market trends, ensuring investment efficiency.

Fourth, promoting sustainable development and digital transformation: Strengthening operational discipline, improving processes, building a smart logistics ecosystem, and enhancing competitiveness. These actions will lay the foundation for VIMC to break through in the next decade, maintaining its leading role in Vietnam's maritime and logistics services sector.

Thanh Huyen

Source: https://baochinhphu.vn/vimc-phuc-hoi-manh-me-dat-muc-tieu-doanh-thu-hon-20000-ty-dong-102250709112642539.htm