VINASHIP JOINT STOCK COMPANY Field trip report

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VIETNAM MARITIME UNIVERSITY
INTERNATIONAL SCHOOL OF EDUCATION

FIELDTRIP REPORT
VINASHIP JOINT STOCK COMPANY

Student:

PHAN TU THANH

Student ID:

84841

Class:

IBL1002

Haiphong, May 2022


VIETNAM MARITIME UNIVERSITY
INTERNATIONAL SCHOOL OF EDUCATION

FIELDTRIP REPORT
VINASHIP JOINT STOCK COMPANY

STUDENT: PHAN TU THANH
STUDENT ID: 84841

CLASS: IBL1002

Division:

International Business and Logistics

Faculty:

International School of Education

Haiphong, May 2022


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VINASHIP JOINT STOCK COMPANY

AUTHOR’S DECLARATION
I, the undersigned Phan Tu Thanh thereby declare that I am the sole author of this
report, VINASHIP JOINT STOCK COMPANY
This report contains no material previously published by any other person except
where due acknowledgement has been made. This report contains no material which
has been accepted as part of the requirements of any other academic degree or nondegree program, in English or in any other language. All data used in the report is
obtained from the company where my internship is taken place with their
permission.
This is a true copy of the report, including final revisions.

Date: May 24th, 2022

Student’s name : PHAN TU THANH

Signature:

PHAN TU THANH – IBL1002

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PREFACE
Despite the fact that the country and the world have been hit by a devastating
COVID-19 outbreak, Vietnam's economy remains on course for growth and
stability. Meanwhile, the global economy and the economies of the region are
rapidly developing and attempting to accelerate their growth. To keep up with
global development and raise people's living conditions, our country must focus on
improving overseas commerce and foreign investment. However, in order to create
significant foreign trade or foreign investment, the transportation industry must first
respond quickly to the needs of the economy.Furthermore, our country's location in
a fast developing economic zone with a reasonably well-developed transportation
system has a considerable impact on the Vietnamese transportation industry. Our
country also benefits from strong natural conditions and has a much larger port,
Saigon - Hai Phong - Da Nang. That is the shipping industry's development
potential, and the government is attempting to capitalize on it by speeding up the
expansion of the shipping network in order to stay up with other nations, therefore
container shipping is extremely essential in Vietnam. Vietnam is an unavoidable
prerequisite because of the global market's homogeneity.VINASHIP is a shipping
company with a container port and warehouse network. By introducing me to it and

learning more about it, VINASHIP assisted me in gaining background knowledge in
this subject. Furthermore, this internship assisted me in gaining practical knowledge
and important information from those with experience in research and development
in this subject.
Signature of student

[PHAN TU THANH]

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Table of Contents

LIST OF ABBREVIATIONS
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CFS - Container Freight Station

DWT also known as deadweight tonnage - Is the gross tonnage of the ship in tons,
indicating the amount of cargo that the ship can safely carry, which includes the
weight of the ship's cargo, crew, storage, fuel , fresh water, ballast water, etc.

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LIST OF TABLES
Table 1:
Table 2:

Business lines of VINASHIP
Revenue report of VNA

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LIST OF FIGURES
Figure 1
Figure 2
Figure 3
Figure 4

The parameters of the fleet of VINASHIP
My Thinh ship was built in 1990
The total approved budget for the maintenance of
navigational channels in 2022 is more than 1,900
billion VND
VINASHIP corporate structure

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CHAPTER 1. INTRODUCTION OF VINASHIP JOINT

STOCK COMPANY
1.1. Overview
VIETNAM CONTAINER JOINT STOCK COMPANY (VINASHIP) is one of the
leading shipping and transportation companies officially operating since March 10,
1984. VINASHIP operates in the field of Import-Export, the company's main
function is to trade in import and export consignment services, trade services,
including import and export and wholesale and retail. goods on the domestic
market. The company has established trade relations with many countries in the
world, especially Germany, USA, Italy and European countries, is the leading
member in importing household goods, interior equipment. , machinery spare
parts... . The company's operating motto is "Bringing high efficiency and being the
focal point for connecting domestic and foreign businesses along with becoming the
most chosen and reliable partner of customers thanks to the ability to find
customers. finding, supplying and connecting diverse sources of goods on the basis
of always considering customers as the center and creating the best working
environment for employees with many opportunities for capacity development,
contribute value and create a successful career". In addition, the company is also
known as a strong exporter of agricultural products, handicrafts and other processed
products. With experience in production and business activities, VINASHIP ImportExport Company is a reliable partner for domestic and international customers.

1.2. General information
•

Trading name: VINASHIP SEA TRANSPORTATION JOINT STOCK

COMPANY
• Business Registration Certificate No. 0200119965 registered for the first
time on December 27, 2006, and registered for the second change on July 4,
2013 at the Department of Planning and Investment of Ho Chi Minh City.
Hai Phong.

• Charter capital: 200,000,000,000 VND
• Owner's investment capital: 200,000,000,000 VND
• Address: No. 01 Hoang Van Thu, Minh Khai ward, Hong Bang district, City.
•
•
•
•

Hai Phong
Phone number: (84-31) 3842151
Fax number: (84-31) 3842271
Website: www.vinaship.com.vn
Stock code: VNA
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1.3. Brief history
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1984 : On March 10, 1984, Shipping Company III (VINASHIP) was

•

established under Decision No. 694/QD-TCCB of the Minister of Transport.

1993 : March 23, 1993: The Ministry of Transport issued a decision to re-

•

establish Shipping Company III according to Decision No. 463/QD-TCCB
2006 : On October 24, 2006, the Ministry of Transport signed a decision on

•

approving the plan and transforming Shipping Company III, a member unit of
Vietnam National Shipping Lines into Joint Stock Company. VINASHIP.
2006 : On December 21, 2006. VINASHIP Shipping Joint Stock Company

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conducted the General Meeting of Shareholders to establish the Company, with
a total charter capital of 200 billion VND, of which the State holds 51%.
2008 : On August 20, 2008, the Company was listed on the Ho Chi Minh Stock

•

Exchange issued by the General Director of the Ho Chi Minh Stock Exchange.
2008 : First stock trading date: 09/09/2008

1.4. Functions

The company's main duty is to trade in import and export consignment services,
trade services, including import and export, wholesale and retail. goods on the
domestic market. VINASHIP Import-Export Co., Ltd operates in the field of
Import-Export. The company has established trading relations with numerous

countries throughout the world, including Germany, the United States, Italy, and
other European countries, and is a significant importer of home items, interior
equipment, machinery, and spare parts... A strong exporter of agricultural products,
handicrafts, and other processed products, the company is also well-known.
VINASHIP Import-Export Company is a reliable domestic and international partner
with vast experience in production and commercial activities.

1.5. Facilities and Equipment
1.5.1. VINASHIP Fleet
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Figure 1: The parameters of the fleet of VINASHIP
Source : VINASHIP JSC

1.5.2. Technical characteristics of the ship
Currently, the company's fleet consists of 16 ships with a total tonnage of 122808
DWT. The company's fleet is mainly dry general cargo, the average age of the ships
is 21 years old, the equipment on board has been degraded, should cause difficulties
in the mining process, so the company always has to repair and maintain to limit
some risks and losses during the mining process.
Regarding the classification of ship groups: Based on age, tonnage, the company's
fleet is divided into the following groups:

Group I: Ha Giang, Hung Yen Group II: Nam Dinh, Ninh Binh, My An
Group III: Ha Tien, Hung Vuong 02, Binh Phuoc
Group IV : Ha Dong
Group V: Ha Nam
Group VI: Hung Vuong 03
Group VII: Hung Vuong 01
Regarding exploitation routes: With the above characteristics, the company has been
assigned by the maritime corporation to operate domestic routes and a number of
Southeast Asian routes, in which:
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Trains Ha Nam, Binh Phuoc, Ha Dong, Ha Tien: Vietnam - Indonesia, Vietnam Philippines
Ships Hung Vuong 01, Hung Vuong 02 are chartered for foreign countries. Train
Hung Yen, Nam Dinh, Ninh Binh: Vietnam-Thailand
Ship Hung Vuong 03, Ha Giang: Domestic transportation
Form of train operation: The form of train operation that the company uses is the
form of train operation. Chartering is a form in which the ship owner leases the
whole or a part of the empty vessel to the charterer to transport goods from one port
to another. The relationship between the ship owner and the charterer reads the
charter table of the voyage charter party.
In general, in recent years, due to a change in the management mechanism, the
company's production activities have achieved remarkable results, the fleet operates

more efficiently, contributing to raising the income level of the company. crew
members as well as all officers and employees throughout the company.

Figure 2: My Thinh ship was built in 1990
Source : VINASHIP JSC

1.6. Business activities
Code
number

Name of business

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5012
5224
5210
5229
7830
5510
8299
4933
4669

3315
4610
5022
4520
4530
4661
4730
4773
6622
5610
5221
5225
5222

Coastal freight and ocean
Cargo handling
Warehousing and storage of goods
Other supporting service activities related to transportation
Supply and management of labor resources (excluding labor supply for organizations with
labor export functions)
Short-stay services ( hotel, motel,…)
The rest of the business support service activities have not been classified elsewhere
Freight transport by road
Other specialized wholesale not elsewhere classified
Repair and maintenance of means of transport (except for cars, motorcycles, motorbikes
and other motor vehicles)
Agents, brokers, auction goods
Freight inland waterway
Maintenance and repair of automobiles and other motor vehicles.
Sale of spare parts and accessories for automobiles and other motor vehicles

Wholesale of solid, liquid, gaseous fuels and related products
Retail sale of motor fuel in specialized stores
Other retail sale of new goods in specialized stores
Activities of insurance agents and brokers (except insurance brokerage activities)
Restaurants and mobile catering services
Direct service activities for rail transport
Direct support service activities for road transport
Direct support service activities for water transport
Table 1: Business lines of VINASHIP
Source : VINASHIP JSC

1.7. Business results
The outbreak of the Covid-19 pandemic continues to push the maritime industry
into a difficult position. Production and business activities in many countries around
the world, especially China, have been halted, which has dragged down global trade
demand. Seaports were forced to close due to social distancing requirements. Total
container fleet capacity globally fell 18% in May 2020, according to data from
Drewry.
However, in "danger" there is "opportunity". The major economies recovered
quickly from the pandemic while the supply of ships was in short supply, which
pushed freight rates up sharply again. Sea freight rates have been continuously
increasing since the end of 2020.
Vinaship Shipping Joint Stock Company (UpCOM: VNA) has announced its
financial statements for the first quarter of 2022 with high revenue and profit over
the same period.
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Specifically, net revenue in the period reached VND 232 billion, up 57.8% over the
same period. Cost of goods sold increased less than revenue, so gross profit reached
more than 65 billion dong, 10 times higher than Q1 last year.
Despite the loss of profit from other activities, selling and administrative expenses,
both increased, but thanks to the large gross profit, Vinaship still has a profit after
tax of more than 40 billion VND – a sharp increase compared to 3.2 billion VND.
same period last year. EPS in the first quarter of 2022 reached VND 2,009.
According to the explanation from the company, the international sea freight rate
has remained at a high level since the end of the first quarter of 2021, creating a
favorable premise for VNA's business activities in the first quarter of 2022.
Although the market adjusted down in January, affecting the revenue of the fleet in
February, Vinaship promptly compensated with the impressive revenue increase in
March. Therefore, shipping revenue in Q1 2022 remains at a high level and
outperforms the same period; at the same time, to compensate for the sudden
increase in fuel costs due to the impact of the war situation in Ukraine.
Currently, VNA has not announced business targets for 2022. Before that, VNA also
had a very successful year in 2021, net revenue reached 853.3 billion dong, up
66.2% over the same period, EAT reached 177, 8 billion VND, a sudden increase
compared to only 1.4 billion VND last year. This is the year Vinaship recorded the
highest profit ever.

Table 2: Revenue report of VNA
Source: According to Cafef.vn

1.8. Orientation and Future plans

1.8.1. General assessment
In 2021, despite being heavily influenced by the Covid-19 pandemic, with the
timely and effective direction and support of Vietnam National Shipping Lines
Corporation, the Corporation's Trade Union, the determination of the leadership
team , trade unions, employees throughout the Company, Vinaship has completed
all the goals, targets, production and business plans, adjusted to increase wages for
employees, in which special attention is paid to employees. officers and crew
members - the key and specific workforce of the Company.
1.8.2. Issues raised
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The delegates heard representatives of a number of departments and units present
presentations to clarify, but the results have been achieved, specifically: in the
mining work, the motto "Customer-centric" has been well done. should have
maintained the traditional customers and added new potential customers; in terms of
technology - materials have shortened the ship's boarding day, contributing to
increasing the ship's operating days and increasing self-repair on board by crew
members; In the financial and accounting work, efforts have been made to work
with financial institutions and banks to effectively carry out restructuring...
1.8.3. The proposed options
In order to continue to fulfill the tasks in 2022, the Company proposed 3 groups of
solutions including: Market solutions, financial solutions, management solutions,

business innovation and human resource solutions. For the recommendations of
union members and employees, the Board of Directors receives, records, considers
and solves them and will soon have a satisfactory answer so that the employees can
feel secure in their work and stick with the Company.
1.8.4. The plan to maintain the navigational channel in 2022 is more than
1,900 billion VND

Figure 3 :The total approved budget for the maintenance of navigational channels in 2022 is more
than 1,900 billion VND
Source: baogiaothong.vn

According to a representative of the Vietnam Maritime Administration, according to
the marine infrastructure maintenance plan in 2022, approved by the Ministry of
Transport, the total investment for the maintenance and dredging of navigational
channels is about more than 1,935 billion VND
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In particular, the works to be implemented in 2021 - 2022, including: Hai Phong
channel (section of Ha Nam, Bach Dang canal, Cam river, Lach Huyen), Pha Rung,
Nghi Son, Cua Lo, Da Nang, and Saigon channels. – Vung Tau, Soai Rap (Hiep
Phuoc section), Hau river navigation channel (Channel for large tonnage ships),
Soai Rap. The total cost of implementation is expected to be more than 1,863 billion

VND.
The channels in the maintenance plan in 2022 include: Cua Viet, Rach Gia. Total
estimated cost is more than 45 billion VND.
The plan also determines the investment level for dredging works to be
implemented in the period of 2022 - 2024. In which, the amount of investment
capital to be arranged in 2022 is more than 27 billion VND to serve some
preparation procedures.
“At the marine infrastructure maintenance plan in 2022, the Ministry of Transport is
also expected to allocate more than 4.9 billion VND to serve the dredging of seaport
waters in combination with product recovery of channels: fairways. Tien river
navigation channel, Dinh An - Hau river channel, Tran De navigation channel, Cua
Viet navigation channel and Cua Hoi - Ben Thuy navigation channel.
At the same time, more than 19 billion VND will be arranged for repair and
maintenance of the embankment of the Off channel channel for large vessels
entering the Hau River, the embankment of the Ha Nam canal," a representative of
the Maritime Administration informed.

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CHAPTER 2. PROFESSIONAL POSITION DESCRIPTION
OF VINASHIP JOINT STOCK COMPANY

2.1. Organizational structure

Figure 4 : VINASHIP corporate structure
Source : VINASHIP JSC

2.2. Professional position description
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General Meeting of Shareholders (GMS)

The General Meeting of Shareholders has the highest authority in the company,
matters falling within the duties and powers of the General Meeting of Shareholders
prescribed in the company's charter and relevant laws.
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Administrative Council

The Board of Directors is the governing body of the company, consisting of
members who have full authority to decide on behalf of Vinaship to decide on
issues related to the company's purposes and interests, except for matters within the
competence of the general meeting shareholders.

•

Board of supervisors

Consisting of 3 members, on behalf of shareholders, they control all management
and production activities company business. The Supervisory Board is responsible
before the General Meeting of Shareholders and the law for the work performed in
accordance with the law powers and duties.
•

Chief Executive Director

Functions and duties: General administration. The General Director is appointed by
the Chairman of the Board of Directors duty and dismissal at the request of the
Vietnam National Shipping Lines Corporation. The General Director is the legal
representative individuals and executive organizations in all activities of the
company, responsible to the Chairman of the Board of Directors
•

Deputy General Manager

1. Deputy general director in charge of business - shipping

Functions and duties: To help the General Director manage and operate production,
business exploitation, market research, coordination, capture the source of goods,
develop business plans, propose to the General Director to sign. combine freight
transport contracts and plans to improve production organization in the company,
monitor the operation of the fleet.
2. Deputy General Director in charge of technology – marterials

Functions and duties: helping the General Director manage technical work,
materials, repair, research work, scientific application of innovation, rationalize
production and other related activities, progress Monitor the operation of the fleet,
ensure the safe operation of the ship.
3. Deputy general director in charge of legal – safety

Functions and duties: Help the General Director manage and operate the legal
work, maritime safety of the ship, follow up on legal issues of the company

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Exploitation room

As an advisory room to help the General Director manage and operate the fleet
effectively, under the direct direction of the General Director, has the following
duties and powers :
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Organize business and exploit fleet, direct and urge the domestic and
foreign agent system, in order to well implement the company's
production plan.
Exploiting goods sources, advising and signing transport contracts,
organizing contract performance.
Develop production plans, report on production and transport statistics,
monthly, quarterly and annual revenue, orientation for business
exploitation, investment and production development. Comply with
management requirements set forth by superiors.
Manage all operations of ships according to signed contracts. Select the
optimal and effective operating plan.
To be responsible to the General Director for the legality of signed
contracts, business results, and ship operations.
Proposing a plan to release ships quickly, increase vehicle rotation to
exploit the fleet to achieve business efficiency of the company.
Regularly evaluate and analyze the business performance of the fleet.
Coordinating with the finance and accounting department to closely
monitor the collection of domestic and foreign freight as well as other
expenses of the fleet.
Monitor communications with the fleet, including with electronic
information centers on weather and meteorology to serve the fleet.
Develop monthly - quarterly - annual business plans.
To make statistics and reports on the results of the implementation of the
plan according to the regulations of the State and the Corporation.

Financial Accounting

Acting as a consulting room for the General Director on the management of
economic activities, economic accounting, accounting for the whole company.
Management and control of payment procedures, accounting and proposing
measures to help the company fulfill financial targets. The Division has the
following powers and duties:
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Synthesize accounting data, results of production and business activities,
use of finance, materials and capital, ensuring the right to be proactive in
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business and autonomous in finance. Analyze and evaluate financial
activities in fleet operation, find out measures to achieve high economic
efficiency.
- Implement periodical reporting regime as prescribed. Well serve the
inspection, examination and audit requirements of competent agencies.
- Ensure the recording of data, summarizing the situation and data related
to the company's business and financial activities. Provide necessary data
to relevant professional departments.
- Reflect accurately, honestly, completely, timely, clearly and

comprehensively all production and business activities of the company
according to the principles of independent professional accounting.
- Disseminate and implement the financial regimes and policies of the
State, guide professional training for employees related to accounting in
branches and component enterprises.
- Request branch departments to provide data, documents and documents
related to financial management, production and business activities of the
company.
- Participate in the development of plans to improve management
mechanisms and regulations in related fields. At the same time, check the
implementation of financial policies and regimes.
- Failure to pay when detecting errors, insufficient procedures, unclear
documents, invalid erasure documents, refusal of expenditures that are
not in accordance with the regime or orders of the General Director .
- Have the right to participate in and organize the inspection of the
implementation of the financial accounting regime within the company's
scope.
- Propose measures to adjust and promptly handle errors in business
activities and financial management.
• Personel and crew office
Acting as a professional department to advise the General Director on the
organization of personnel, labor and wages in the mining business. Manage the
exploitation and use of the company's workforce in accordance with the law in
accordance with the functions, duties and characteristics of the company. The
Department has the following duties:
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Monitor the operation of the company's organizational structure,
management and production and business according to the organizational
mechanism and model, propose building, modifying, adjusting and

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-

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-

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supplementing the organizational model to suit the needs of customers.
requirements, tasks and characteristics of the company, in order to
achieve efficiency in production and business.
Coordinate with the same number of related units to organize training,
retraining, fostering to improve professional qualifications for officers,
crewmen, officers and employees in the company to meet the

requirements of the Company's requirements. immediate and future
needs.
Advise the General Director on the arrangement of labor for departments,
branches, and fleets of the company in accordance with the nature of
labor and the laws issued by the state.
Make a labor and salary plan in line with the annual production and
business plan and financial plan. Develop and amend regulations related
to labor management, salary payment and other regimes for employees in
accordance with the company's internal rules and regulations and in
accordance with the provisions of the Labor Code. .
Statistics of monthly, quarterly and annual salary labor. Manage and use
the wage fund, apply policies, effectively use the economic levers of
wages to stimulate production. Determination of labor levels, wellorganized labor safety, provision of labor protection.
Responsible for implementing and resolving professional requirements
according to the functions and tasks, regulations according to state
policies and company rules.
Carrying out the job of raising the rank and raising the annual salary for
employees in the company, receiving documents, handling procedures for
workers coming and going, passports for officers and crew members
going abroad. .
To have a plan to classify labor, effectively use labor, and well implement
social insurance for employees.
Being a permanent member of the salary council, discipline council, labor
council.
In charge of internal political protection for the company.
To be allowed to sign copies of professional records and manuals within
the company. To be authorized by the General Director to sign orders to
mobilize officers, employees of departments and crew members to board
and disembark the company's ships. Sign and approve documents for
salary payment, social insurance, and leave certificates for employees.

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Acting as a consulting room for the General Director on the management of
economic activities, economic accounting, accounting for the whole company.
Management and control of payment procedures, accounting and proposing
measures for the company to fulfill its financial targets.
•

General Administrative office

As a professional department to advise and assist the General Director with
administrative tasks such as:
Management of archives, planning to purchase stationery equipment.
Manage and plan the remodeling and maintenance of the head office and
branches, interior equipment, office equipment, and communication
equipment.
- Liaise with local authorities to facilitate the company's production and
business activities.
• Technical office
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As a professional department to assist the General Director in technical
management of fuel and material norms of the fleet. Under the direct direction
of the Deputy Technical Director, the management and control of the
implementation of technical standards, processes and regulations, preservation,
maintenance and repair in service of transportation business operation achieve
the highest standards. effective. Has the following main duties and powers :
-

-

-

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Advise the General Director in finding and selecting partners to sign
economic contracts related to science and technology.
Technical management, repair plan for each subject Shell - Engine Electrical - Marine equipment, communication, additional equipment,
adjustment of technical norms, norms, repair norms , preservation and
maintenance of spare parts, fuel, and repair of marine equipment.
Develop and adjust internal rules and regulations on duties,
responsibilities and standards of management and use of machinery and
equipment on board ships. At the same time, check - urge - have timely
instructions to correct errors in the implementation process.
Manage the quality and technical features of the equipment and
machinery on the ship. Monitor and guide the activities of exploitation,
use, preservation and maintenance of equipment and machinery on board
in accordance with procedures and regulations.
Guide and direct the fire prevention and fighting for the company's
equipment and vehicles.
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Make annual repair plan at the request of the Register, manage and
supervise the ship repair process, ensure the quality of equipment, spare
parts, materials, progress and costs.
- Monitor fuel norms, spare parts and supplies regularly adjust the norms in
accordance with actual use.
- Provide the number of categories and symbols. The manufacturing
country of necessary supplies and spare parts that are not domestically
allowed for the Department of Materials to order abroad when required
by the production and approved by the General Director.
- Researching, receiving and disseminating scientific and technical
advances in the year of production to ship units and departments,
supporting units in science and technology, gathering and monitoring
initiatives and improvements in management and technical use. As a
permanent member of the Science and Technology Council, the
company's inventions and innovations.
- Proposing the replacement of equipment, spare parts, materials,
technological processes in line with scientific and technical progress.
- Participating in training programs to improve technical staff
qualifications. mechanical engineer, train driver, technical exploitation
manager, participate in innovative assessment, scientific research,
organize rank and upgrade exams.

• Office supplies
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Acting as a consulting room for the General Director on the management and
distribution of fuel and materials of the whole company. Under the direct direction
of the Deputy Technical Director, the Materials Department has the following
powers and duties:
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-

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Direct and directly develop internal rules and regulations on management of
raw materials, fuel and related economic and technical norms and submit
them to the General Director for approval to apply in practice of the
company.
Find markets, choose partners to advise the General Director to sign
economic contracts in the field of buying and selling materials and fuel to
ensure legality and benefit the company.
Understand the demand for managing materials and spare parts according to
economic technical norms. Make a plan to check, supply, and use fuel,
materials and spare parts to ensure reasonable savings according to
production requirements.
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Deployment of purchase and sale and supply of materials and spare parts for
the fleet. Formulate and adjust internal rules and regulations on duties,
responsibilities, powers and standards for management and use of machinery
and equipment on board ships.
Manage the quality, technical features of equipment and machinery on board.
Monitor and guide the exploitation, use, preservation and maintenance of
equipment and machinery in accordance with the process, technical
standards and regulations.

CHAPTER 3. SELF-REFLECTION
3.1. Outcomes
According to the Vietnam Logistics Service Enterprise Association, the logistics
industry in Vietnam will show many good signals of development by 2022, but
there will still be challenges and potential hazards. As a result, traffic congestion,
container shortages, a lack of space, and the "escalating" price of sea transport, as
well as the explosive expansion of air transport, will be progressively resolved, and
the means will be improved. When the COVID-19 epidemic is finally under control
in 2022, the mode of transportation will revert to its original value.
Logistics is a key service industry in the overall structure of the national economy,
supporting, connecting, and fostering socio-economic growth throughout the
country as well as in each area, and thereby adding to the economy's
competitiveness. Vietnam is regarded as a promising and appealing market for the
growth of the logistics services industry.

Through the last internship, I myself am a student who has been trained in
International Business and Logistics for three years and through the last internship,
I myself have realized many things.
To have a practical visit at Chua Ve port, Hai Minh warehouse and especially to
have experienced staff from VINASHIP pass on their experiences and exchange
PHAN TU THANH – IBL1002

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VINASHIP JOINT STOCK COMPANY

useful things for their future dream job. helped me to be less confused and more
stable on the way to the logistics industry. Specifically, in addition to the basic
knowledge in books, complicated things like processes to basic things like
requirements and functions of each position in the company helped me to make
study plans. More specifically, helping me realize that to work and stay in the
logistics industry requires more than just book knowledge. I feel that I need to have
more soft skills such as communicating naturally like the way VINASHIP staff
came and conveyed useful information to me. In addition, you need to master the
safety knowledge when entering and leaving warehouses and ports. Along with that
is mastering the processes, how the apparatus works to be able to stand firmly in
this transportation industry.
To do that, in addition to having a specific study plan, I feel that I need to equip
myself with soft skills such as presentation, communication and especially foreign
language ability. In addition, I look forward to experiencing more in the field of
warehouses and ports and also look forward to the opportunity to practice at a

transport company so that I can interact with reality as honestly as possible.

PHAN TU THANH – IBL1002

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