PM urges Saigon New Port turning into a leading maritime economic unit
While visiting Saigon New Port in HCM City on December 19, Prime Minister Nguyen Xuan Phuc said the company needs to work harder to build itself into a leading defence economic unit in Vietnam.
On the occasion of celebrating of the anniversary of establishment of Vietnam People's Army, December 22, Prime Minister (PM) Nguyen Xuan Phuc on December 19 visited Saigon New Port, one of the strong economic unit of the Vietnam People’s Navy.
Speaking at the working visit to Saigon New Port, the PM praised the achievements the company has made over the past time.
PM Phuc stressed Saigon New Port needs to work harder to build itself into a leading defence economic unit in Vietnam.
The corporation should expand production and pay the special attention to approved strategic positions while continuing to reorganize its affiliates, he said.
The Governement leader asked the company to fulfil its both economic and defence missions.
The PM urged the company to focus on raising labour productivity, ensuring stable income for workers and improving competitiveness.
The Saigon New Port Corporation, a 100 percent State-owned enterprise, operates under the ‘one member limited liability company’ model and focuses on ports, logistics and sea transport.
The company has a market capitalisation of over 30 trillion VND (1.35 billion USD). It has grown 21 percent per year on average.
In 2016, the company is expected to gain 17,263 billion VND (775 million USD) in revenue and 1,952 billion VND (88 million USD) in profit.
The Saigon New Port Corporation possesses 17 ports capable of accommodating up to 200,000 DWT. Its container port services account for 50 percent of market share in Vietnam 89 percent in HCM City.
Saigon New Port is named in the top 20 logistics companies in Vietnam with sea transport services making up 25 percent of the domestic market share.
According to the national seaport development plan through 2020, HCM City is the southeast region’s key port with functional wharf areas of Hiep Phuoc on Soai Rap River and Cat Lai on Dong Nai River.
The region’s seaports are expected to handle 185-200 million tonnes of cargo in 2015, 265-305 million tonnes in 2020, and 495-650 million tonnes in 2030.
PM Nguyen Xuan Phuc visits the Saigon New Port Corporation.
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PM Phuc stressed Saigon New Port needs to work harder to build itself into a leading defence economic unit in Vietnam.
The corporation should expand production and pay the special attention to approved strategic positions while continuing to reorganize its affiliates, he said.
The Governement leader asked the company to fulfil its both economic and defence missions.
The PM urged the company to focus on raising labour productivity, ensuring stable income for workers and improving competitiveness.
The Saigon New Port Corporation, a 100 percent State-owned enterprise, operates under the ‘one member limited liability company’ model and focuses on ports, logistics and sea transport.
The company has a market capitalisation of over 30 trillion VND (1.35 billion USD). It has grown 21 percent per year on average.
In 2016, the company is expected to gain 17,263 billion VND (775 million USD) in revenue and 1,952 billion VND (88 million USD) in profit.
The Saigon New Port Corporation possesses 17 ports capable of accommodating up to 200,000 DWT. Its container port services account for 50 percent of market share in Vietnam 89 percent in HCM City.
Saigon New Port is named in the top 20 logistics companies in Vietnam with sea transport services making up 25 percent of the domestic market share.
According to the national seaport development plan through 2020, HCM City is the southeast region’s key port with functional wharf areas of Hiep Phuoc on Soai Rap River and Cat Lai on Dong Nai River.
The region’s seaports are expected to handle 185-200 million tonnes of cargo in 2015, 265-305 million tonnes in 2020, and 495-650 million tonnes in 2030.
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