Maersk Line Viet Nam ups Q2 volume

Wednesday, Aug 28, 2013 17:25

Shipping firm Maersk Line Vietnam and Cambodia sees its second quarter volume increase. — File Photo

HCM CITY (Biz Hub) — Shipping firm Maersk Line Vietnam and Cambodia has seen its second quarter volume increase by nine per cent and revenues decrease by 3 per cent over the same period last year.

A company press release cited Nguyen Thi Ngoc Bich, general director of Maersk Line Vietnam and Cambodia, as saying that Vietnam was still considered an attractive sourcing destination.

She said the country has enjoyed competitive advantages in low labor costs, a strategically sound geographical location, leading positions within agricultural exports, a high GDP growth rate, long-term political stability, and a government committed to enhancing economic stability and development.

Therefore, despite the gloomy situation with the global economy, there are still great opportunities to pursue.

For the remaining months of 2013, Maersk Line will focus on maintaining its market position and increasing profitability levels, she said. —VNS

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