Vietnam's top shipping firm to make IPO in mid-2018

After announced in May 2017 to make initial public offering (IPO) by Dec 2017, Vinalines is now seeking to make IPO in mid-2018 with chartered capital of USD630 mil, according to Viet Nam News.

Vinalines made total revenues of nearly USD720 mil, of which 7.1 trillion Vietnamese dong came from maritime service. Port operation and shipping services each accounted for more than 4.4 trillion Vietnamese dong, and consolidated profit was estimated at 515 billion Vietnamese dong.

(Xinhua)