Vietnam’s Largest Container Shipping Company Invests Nearly 1,200 Billion in New Ship, Stock Surges 80% in a Year, Reaches All-Time High

Hai An Transport and Handling Joint Stock Company (HOSE: HAH) has approved the investment in a new container ship with a total capital of 46 million USD (over 1,192 billion VND). This investment project aims to expand international maritime transport markets, especially to the Mediterranean, Europe, and the US West Coast. The new vessel can carry 3,006 TEU, with 1,070 TEU in the hull and 1,936 TEU on deck, to be constructed in China.
In 2024, Hai An recorded a revenue of 3,992.1 billion VND, up 52.8%, with a net profit of 650.5 billion VND, up 69%. For 2025, revenue is projected at 4,243 billion VND with a profit of 702 billion VND, totaling over 1.5 million TEU.
HAH continues to collaborate with ONE on the Vietnam-Singapore route, explore old ship purchases, and invest in infrastructure, while its stock has surged more than 80% over the past year, reaching a price of 59,400 VND per share.