On June 15, 2023, Vietnam Container Joint Stock Company (Viconship, code VSC) launched the Company Restructuring Project, in cooperation with PwC Vietnam. This is one of the solutions implemented to achieve the strategic goal of making VSC a regional and world-class logistics company.
VSC is currently the No. 1 port, warehouse, yard, transportation and logistics operator in Hai Phong with a loading and unloading capacity of 1.5 million TEU/year. Recently, the Company completed an M&A deal, owning a controlling stake in Nam Hai Dinh Vu port with a scale of 500,000 TEU.
PwC Vietnam is a member of the PwC network (a leading global provider of audit, tax, legal and business advisory services), operating in 152 countries with more than 327,000 employees worldwide. PwC Vietnam has a team of Vietnamese and foreign experts with in-depth knowledge and expertise in diverse fields, always committed to providing high-quality audit, financial management consulting, tax and legal consulting services.
The restructuring project will optimize resources, improve the operating system and support VSC’s sustainable development in the future..
Mr. Bui Minh Hung, Chairman of VSC said that based on the current accumulation & investment in sufficient quantity, the desire to develop strongly in the market and increase competitiveness, restructuring the enterprise is extremely necessary. Therefore, the Board of Directors of the Company has approved the company restructuring project and considers this one of the key tasks that need to be implemented drastically and quickly..
The restructuring project implemented by VSC is called Phoenix, a symbol of rebirth, immortality, innovation and breakthrough. After a survey and re-evaluation of the entire structure of the current VSC, PwC will have proposals on a new model and structure for VSC to improve business performance.
