Of the total value, state capital value is VND10,144 billion. The company’s assets are not counted to its value, approximating VND1,237 billion.
According to the company’s equitization project approved by the Prime Minister, the state will hold 65 percent of Vinalines’ chartered capital and Vinalines will keep 65 percent chartered capital of its subsidiaries comprising Hải Phòng Seaport Company, Saigon Seaport and Đà Nẵng Seaport.
Vinalines said that after three years of restructuring, the company’s loss has reduced by VND8,021 billion ($353 million).
