THE PRIME MINISTER
Decision No. 276/QD-TTg dated February 04, 2013 of the Prime Minister approving the restructure scheme of Vietnam National Shipping Lines (Vinalines) in the period 2012 - 2015
Pursuant to the Law on Government organization dated December 25, 2001;
Pursuant to the Decision No. 929/QD-TTg dated July 17, 2012 of the Prime Minister, approving the Scheme for restructuring state-owned enterprises, focusing on state-owned corporations and state-owned general companies 2011 – 2015;
At the proposal of the Minister of Transport and the Member Council of Vinalines
DECIDES:
Article 1. Approving the Scheme for Restructuring Vinalines 2012-2015, in particular:
I. TARGETS
Ensure that Vinalines has reasonable structure, focusing on 03 primary industries including shipping, harbor management, and maritime services; step by step resolve the difficulties during 2012 – 2015; create the stability and development suitable for the market conditions during 2016 – 2020; make Vinalines a pivotal state-owned enterprise in shipping, harbor management, and maritime services, contributing to the success of the Vietnam’s Marine Strategy by 2020 and later.
II. CONTENTS
1. 1. Business lines
a) Primary business lines
- Providing maritime, waterway, road, and multimodal transport services;
- Operating harbors and river ports;
- Providing warehouse services, logistics services; broker maritime services; provide ships, towing services, crew transit, and other ancillary maritime services.
b) Business lines related to the primary business lines:
- Repairing maritime means of transport; producing, trading, leasing means and equipment for transport and loading;
- Labor export and maritime labor supply for Vietnamese and foreign organizations;
- Exporting maritime vehicles, equipment, materials; supplying materials, foods, and freshwater.
c) Other business lines are decided by the Minister of Transport.
2. The parent company – Vinalines is 100% funded by the state, equitized in 2015.
The dependent accounting units of Vinalines:
- Maritime Labor Export company;
- Branch in Ho Chi Minh city;
- Branch in Hai Phong city;
- Representative office in Singapore.
3. Reorganizing the business and restructuring investments
a) Harbor industry: focus on developing the existing harbor; focus on comprehensive investment to the efficient operation of the harbors in the North in Hai Phong, Quang Ninh, and the harbors in the South in Cai Mep – Thi Vai and Ho Chi Minh city; reviewing and reducing expenses, ensure the efficient operation of harbors.
