VOSCO Successfully Forces PVcomBank to Cancel $1.2 Million Debt Information on CIC

The Vietnam Marine Transport Joint Stock Company (VOSCO) has received a decision from the Hoan Kiem District Civil Judgment Enforcement Bureau requesting PVcomBank to remove the $1.2 million debt information of VOSCO from the National Credit Information Center (CIC). Since 2022, VOSCO has had zero short-term and long-term loans. In 2024, VOSCO’s revenue reached 5,576.1 billion VND, up 74.9% from the previous year, with a post-tax profit of 335.3 billion VND, an increase of 115.8% thanks to the sale of the Dai Minh ship. For 2025, the company plans revenue of 5,300 billion VND, down 12.1% from the previous year, and a pre-tax profit of 376 billion VND, a decrease of 10%. VOSCO also plans to invest in or lease additional vessels, focusing on Supramax, Ultramax bulk carriers, MR product oil tankers, chemical tankers, and container ships.