Vietnam National Shipping Lines

What Vietnam National Shipping Lines does

Vietnam National Shipping Lines (legal name: Tổng công ty Hàng hải Việt Nam – CTCP, ticker MVN on HNX) is Vietnam's state-linked maritime corporation, founded in 1995 and headquartered in Hanoi, with regional offices in Ho Chi Minh City and Hai Phong. The company operates three integrated business segments—port operations, maritime transport, and integrated logistics—through approximately 30 member and subsidiary companies and more than 10,000 employees. Its infrastructure footprint includes 17 strategically positioned seaports (15 seaports and 1 river port) totaling 80 quays and 13,428+ meters of berth length (approximately 26% of Vietnam's national quay length), a controlled fleet exceeding 2 million DWT (about 20% of the national fleet), and 3.7 million square meters of warehouse and yard space. The corporation handles approximately 60% of Vietnam's annual import/export cargo volumes, with 162 million tons of cargo throughput recorded in 2025, and serves as the national gateway for major international shipping lines including MSC, CMA CGM, NYK, MOL, and K-Line through joint-venture terminals (CMIT with APM Terminals, CICT with Carrix/SSA, SSIT with PSA).

VIMC's core services span cargo handling and stevedoring across its port network, ocean-going maritime transport via subsidiaries VOSCO and Vinaship (covering bulk carriers, tankers, and container ships), and integrated logistics including warehousing, inland trucking, and inland container depot operations. Technology infrastructure includes the VIMC e-Office portal, online cargo booking system, internal forum and email infrastructure, and digital mapping (eMAP) at Da Nang Port for operational efficiency. The company has launched a comprehensive Digital Transformation Strategy for 2026-2030 with a vision toward 2035, and was recognized at the Vietnam I4 Impact Awards 2026. In April 2026, VIMC introduced the VIMC ARIES OOC (Owner-Operator-Charterer) Collaborative Ecosystem, a new ship investment facilitation model, and delivered the HD Glory vessel as the first ship completed under this framework in partnership with Norway's Frontline.

VIMC generates revenue through three primary streams: port fees (cargo handling, stevedoring, yard storage) at its 15 seaport companies and 1 river port; charter and freight revenue from its diversified fleet serving international routes; and integrated logistics fees from warehousing, trucking, and ICD services. The customer base is dominated by B2B relationships with major international shipping lines (anchor contracts), Vietnam's import/export community (broad reach), and government-directed maritime projects. Distribution is primarily direct enterprise relationships supplemented by joint-venture terminal partnerships. Key 2026 corporate milestones include the corporate transformation to a joint stock company, the policy approval for the ~$5 billion Can Gio International Transshipment Port (with MSC), debut inclusion in the Fortune Southeast Asia 500, and receipt of the Second-Class Labor Order from the Vietnamese government.

Name

Vietnam National Shipping Lines

Legal name

Tổng công ty Hàng hải Việt Nam – CTCP

Website

https://vimc.co

Company type

Public

Founded year

1995

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Vietnam National Shipping Lines (VIMC) is Vietnam's state-linked maritime corporation operating 17 strategic seaports, a 2+ million DWT fleet, and integrated logistics services across 30 subsidiaries, handling approximately 60% of the country's annual import/export cargo.

Ownership category

akta.pro rank

Product category

Maritime Logistics Services

NAICS

Marine Cargo Handling (48832), Port and Harbor Operations (488310), Support Activities for Water Transportation (4883)

SIC

Deep Sea Foreign Transportation Of Freight (4412), Water Transportation (4400)

akta.pro primary industry

Deep-Sea Container Terminals (Mainline / Transshipment Hubs) (TLAHAAAA)

akta.pro secondary industries

Stevedoring & Vessel Loading/Discharging (Ship-to-Shore Operations) (TLAHALAA), NVOCC Operations & Ocean Consolidation (TLACABAC), Marine Terminals & Cargo Handling Infrastructure (RoRo, Bulk, Container) (IMAFAJAF), Harbor Master & Marine Traffic Control (VTS) (TLAHAFAA)

Keywords

• Maritime shipping services
• Port operations management
• Container terminal services
• Integrated logistics solutions
• Ocean freight transport

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D

Revenue model

1. Port Operations: VIMC generates revenue through its equity interests in 15 seaport operating companies and 1 river port, managing a total of 80 quays spanning over 13,428 meters. Revenues are derived from cargo handling, stevedoring, yard storage, and port services across the national port network.
2. Maritime Transport: VIMC manages and operates a fleet with total deadweight tonnage exceeding 2 million tons, including bulk carriers, tanker vessels, and container ships. The fleet accounts for approximately 25% of Vietnam's national fleet capacity and handles up to 60% of the country's import/export cargo annually.
3. Integrated Logistics Services: VIMC provides logistics services through 9 member companies, with a total warehouse and ICD (Inland Clearance Depot) area exceeding 3.5 million m2. Services include inland trucking, CFS warehouse operations, and multi-modal transport. Plans to expand warehouse area to 6 million m2.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

VIMC operates Vietnam's largest integrated maritime platform combining port operations across 17 strategic seaports (80 quays, 13,428+ meters), ocean shipping with a fleet exceeding 2 million DWT (bulk carriers, tankers, container vessels), and integrated logistics services across 3.7 million m² of warehousing and ICD facilities. The corporation serves international shipping lines, import/export companies, and government projects, handling approximately 60% of Vietnam's annual import/export cargo volume.

Product overview

Vietnam National Shipping Lines (VIMC - Tổng công ty Hàng hải Việt Nam) operates as a state-owned maritime corporation offering an integrated platform of port operations, maritime transport, and logistics services. The core portfolio includes port management (Cảng Hải Phòng, Cảng Sài Gòn, Cảng Đà Nẵng, Cảng Cam Ranh), maritime shipping through subsidiaries like VOSCO and Vinalines Shipping, and comprehensive logistics services through VIMC Logistics. The company also operates joint venture ports including CMIT and SSIT in the Cai Mep - Thi Vai deep-water cluster, plus VIMC ARIES for maritime consultancy. VIMC manages approximately 26% of Vietnam's national berths and operates a fleet exceeding 2 million DWT, making it the leading maritime enterprise in Vietnam with 30 subsidiary companies.

Differentiator

Problem solved

Functional benefit

Brands

• VIMC ARIES: Strategic connector and maritime consultancy joint venture facilitating ship investment and operation through the OOC (Owner-Operator-Charterer) collaborative ecosystem model
• VIMC Logistics
• VOSCO
• Vinaship

Products and services

• Port Operations Port operations and management covering seaport exploitation across Vietnam with strategic port positions in Northern, Central, and Southern regions. VIMC manages approximately 26% of national berths through 15 seaport operating companies and 1 river port, with 80 quays totaling 13,428+ meters handling container, bulk, and tanker cargo.
• Maritime Transport Ocean shipping and fleet management with total deadweight over 2 million tons, including bulk carriers, tankers, and container vessels. Fleet accounts for approximately 20-25% of Vietnam's total fleet capacity and handles approximately 60% of Vietnam's annual import/export goods. Fleet has an average vessel age of 19 years, the youngest in Vietnam's maritime industry.
• Integrated Logistics Services Integrated logistics services including warehousing, inland trucking, ICD (Inland Container Depot) facilities, and multi-modal transportation solutions. Operated through 9 member companies with total warehouse and ICD area exceeding 3.5 million m², with plans to expand to 6 million m².
• Maritime Services Comprehensive maritime services including shipping agency (VOSA), tugboat operations, stevedoring, and port services across major Vietnamese seaports, delivered through member companies including Dịch vụ Hàng hải Hậu Giang.
• VIMC Online Booking Portal Online booking platform for VIMC shipping and logistics services, enabling mid-market customers to access container shipping and maritime services digitally.

Named customers6 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• MSC (Mediterranean Shipping Company) and MEDLOGcoreStrategic or Co-development PartnerCảng Hải Phòng (Hai Phong Port) and Cảng Sài Gòn (Saigon Port) expanded cooperation with MSC and its logistics subsidiary MEDLOG to extend the integrated logistics chain. MSC, the world's largest container shipping group, also partnered with Saigon Port and Terminal Investment Limited for the Can Gio International Transshipment Port project valued at nearly 5 billion USD.
• Mitsui O.S.K. Lines (MOL) and AsiatranscoreStrategic or Co-development PartnerCảng Đà Nẵng strengthened cooperation with MOL (Japan) and Asiatrans to increase vessel throughput at Tien Sa Port, targeting expansion of the port's maritime logistics capabilities in central Vietnam.
• Port of Tallinn, EstoniaminorStrategic or Co-development PartnerVIMC signed a Strategic Cooperation Agreement with Port of Tallinn (Estonia) during Prime Minister Pham Minh Chinh's official visit, marking a bilateral maritime cooperation between Vietnamese and Estonian port operators.
• Terminal Investment Limited Holding S.A. (TTL)coreStrategic or Co-development PartnerSaigon Port Joint Stock Company and Terminal Investment Limited (belonging to MSC) received investment policy approval for the Can Gio International Transshipment Port project — a special-class maritime project with investment scale of up to 128,000 billion VND (nearly 5 billion USD).
• Hai Dang SMC (member company of Vitranschart)coreStrategic or Co-development PartnerVIMC ARIES facilitated a ship investment cooperation project between Hai Dang SMC and Frontline (Norwegian shipping company), resulting in the successful delivery of the HD Glory bulk carrier (28,210 DWT) under the VIMC OOC collaborative ecosystem model.
• Frontline (Norway)coreStrategic or Co-development PartnerFrontline partnered with Hai Dang SMC under VIMC ARIES facilitation for the HD Glory ship investment project, representing a Norway-Vietnam maritime investment collaboration under the VIMC collaborative ecosystem.
• CICT (Cái Lân International Container Terminal) — Joint Venture with Carrix/SSA (USA)coreStrategic or Co-development PartnerCICT is a joint venture between VIMC subsidiary Cảng Đầu tư Cảng Cái Lân and Carrix/SSA (USA). Located in Quang Ninh province, CICT serves as a deep-water international container terminal in northern Vietnam.
• CMIT — Joint Venture with APMT (Denmark)coreStrategic or Co-development PartnerCái Mép International Terminal (CMIT) is a joint venture among VIMC, Saigon Port, and APM Terminals (Denmark). CMIT is one of Vietnam's premier deep-water container terminals, capable of handling ultra-large container vessels including CMA CGM MARCO POLO.
• SSIT (SP-SSA International Terminal) — Joint Venture with PSA (Singapore)coreStrategic or Co-development PartnerSP-SSA International Terminal (SSIT) is a joint venture among VIMC, Saigon Port, and PSA (Singapore). Located in Cái Mép – Thị Vải area, Ba Ria – Vung Tau province, SSIT serves as an international container transshipment terminal.
• Vitranschart (Vietnam Maritime Transport and Chartering)coreStrategic or Co-development PartnerVitranschart is a member company of VIMC's maritime ecosystem. VIMC ARIES, in cooperation with Vitranschart member Hai Dang SMC, successfully facilitated the HD Glory ship investment project, marking the first vessel under VIMC's OOC collaborative ecosystem model.

Scale indicators15 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Hutchison Ports: Hong Kong-based global port operator (CK Hutchison); one of the largest container terminal operators worldwide; comparable in scale and deep-water container handling capability, competing for mainline vessel calls in Asian trade lanes.
• COSCO Shipping Ports: Hong Kong-listed terminal operator affiliated with COSCO Shipping; operates a global network of container terminals including Piraeus (Greece); comparable as a state-linked integrated shipping-and-port operator with container transshipment ambitions in Asia.
• DP World: Dubai-based global port operator with one of the world's largest terminal portfolios; comparable as a broad incumbent offering port operations, maritime services, and logistics on a global scale, competing for transshipment cargo that VIMC targets with Can Gio.
• Adani Ports and Special Economic Zone: India's largest port operator operating container, bulk, and multipurpose terminals; comparable as an emerging-market national port champion pursuing integrated logistics and transshipment strategies similar to VIMC's domestic dominance and Can Gio ambitions.
• China Merchants Port Holdings: Hong Kong-listed port operator with significant terminal assets across China, Southeast Asia, and globally; comparable as a state-affiliated port conglomerate pursuing regional hub strategies similar to VIMC's Vietnam-centric approach.

Direct peers

• Saigon Newport Corporation: Vietnamese state-owned port operator and VIMC's primary domestic competitor; operates the Cat Lai terminal complex and other major container ports in southern Vietnam, directly competing for the same import/export cargo flows and shipping line customers.
• APM Terminals: Denmark-based global terminal operator and VIMC's JV partner at CMIT (Cai Mep International Terminal); operates a portfolio of deep-water container terminals worldwide, providing direct comparability on container handling capabilities and mega-vessel operations.
• International Container Terminal Services Inc. (ICTSI): Philippines-headquartered global container terminal operator with operations in emerging markets; directly comparable as a publicly-listed port operator focused on container handling, transshipment, and integrated logistics across developing economies.
• PSA International: Singapore-based global container terminal operator and VIMC's JV partner at SSIT; operates competing terminals regionally including in Vietnam-adjacent ports; directly comparable as a deep-water container terminal operator serving mega-vessel liner trades.

Regional players

• Vietnam Maritime Corporation's Vietnamese logistics peers (Gemadept, Transimex): Vietnamese-listed logistics and port operators including Gemadept (which operates Nam Dinh Vu port) and Transimex; comparable as domestic competitors in Vietnam's logistics and port sectors, providing benchmark for VIMC's domestic market positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/vietnam-national-shipping-lines

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries26 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Vietnam National Shipping Lines