Viconship earns 456 billion VND after the first 9 months of the year, up nearly 50% year-on-year

Viconship (VSC) reported a profit of 456 billion VND in the first 9 months of 2025, an increase of nearly 50% year-on-year, with revenue of 2.333 trillion VND, up 16%. This result was driven by strong growth from Nam Hai Dinh Vu port, where container throughput increased by 109%. The company has completed 115% of its initial profit plan and adjusted its profit target to 1.25 trillion VND by October. VSC’s leadership stated that it would reinvest profits from the sale of shares in Green Port to invest in logistics projects and real estate in Hai Phong. The economic outlook in Hai Phong is positive, with projected GRDP growth of 11.59% and a revenue increase of 30.6%. The Ministry of Industry and Trade forecasts import-export turnover reaching 900 billion USD in 2025, facilitating Viconship’s expansion. The company aims to continue customer acquisition and production growth amid a recovering market.