Vinalines Logistics aims for profit growth

Tuesday, Feb 12, 2019 07:10

Vinalines Logistics has set a goal of 10 per cent profit rise in 2019. — Photo
Vinalines Logistics Vietnam Joint Stock Company (Vinalines Logistics) has set a goal of at least 10 per cent profit growth in 2019.

To reach the target, the company would improve logistics services and expand its operational network, the company’s general director Mai Le Loi said.

The firm would open more warehouses in two northern provinces of Ha Nam and Vinh Phuc to serve Honda Vietnam Company, he said.

Loi added that his enterprise would also expand its logistics centre at the Ha Noi-based Hoa Lac Hi-Tech Park to better meet the needs of other Japanese investors.

Increasing the number of refrigerated containers on North-South transport route and improving door-to-door delivery services would be a focus, he said.

Last year, the company posted VND3.5 trillion (US$150.2 million) in total revenue and over VND20 billion in after-tax profit. — VNS

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