Report

Analyst Pin-board: Solutions to solve difficulties for Vietnam’s seaborne shipping industry

In September, the Prime Minister will preside over the conference on developing sea shipping and coastal transport. We expect the Government to have clearer guidelines to implement solutions to solve difficulties for this sector. Among solutions, we believe that CIT incentives to 10% over 15 years will directly and quickly impact the profit-making liners. Since then, these businesses can improve retained earnings to reinvest, modernize their fleets and improve competitiveness with foreign shipping lines. In contrast, some players who still have high accumulated losses will not benefit immediately from the CIT incentives. However, the remaining solutions will also create a more favorable long-term business environment for these shippers .

Provider
Viet Dragon Securities
Viet Dragon Securities

Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.

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Analysts
Tung Do

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