
Vinalines remains mired in losses and debt.
Vinalines incurred a loss of nearly 174,4 billion VND after 9 months and is still burdened with debt exceeding 20.051 billion VND.

Vinalines incurred a loss of nearly 174,4 billion VND after 9 months and is still burdened with debt exceeding 20.051 billion VND.

Today marks the first day Vinalines' MVN shares are listed on the stock exchange, but investors are still unable to buy or sell them because the company's shares are subject to trading restrictions.

Over 5,4 million shares of Vinalines will officially trade on Upcom on October 8th, with a reference price of 10.000 VND per share, amidst a backdrop of many subsidiaries performing poorly, with accumulated losses exceeding equity and short-term liabilities exceeding short-term assets.

According to the Hanoi Stock Exchange (HNX), the exchange has approved the registration for trading of shares of Vietnam Maritime Corporation (Vinalines).