29.4 C
Vientiane
Sunday, September 28, 2025
spot_img
Home Blog Page 968

Shanghai Electric Illuminates Intersolar Europe 2025, Drives Global Energy Transformation with Full Range of Innovative New Energy Solutions

The Company unveiled the fruits of its collaboratively innovated photovoltaic and hydrogen energy along with energy storage solutions in Munich, accelerating Europe’s move towards carbon neutrality

MUNICH, May 9, 2025 /PRNewswire/ — Shanghai Electric (SEHK:2727, SSE:601727) once again impresses visitors at  this year’s Intersolar Europe, the world’s leading exhibition for the solar industry, held in Munich from May 7-9. The Company showcases solutions in multiple fields, including solar and hydrogen energy, and energy storage. Utilizing its solution that adapts and localizes with cutting-edge technology, it presents an efficient path for Europe’s green energy transformation and collaborates with global industry leaders to forge a blueprint for a zero-carbon future.

Carbon neutrality is a major strategic goal and a mission that will take concerted action from the whole world. Shanghai Electric is committed to connecting the world with innovative technologies, promoting the large-scale application of green energy, and making Chinese expertise a key force for global sustainable development.

Marking a major advance in green hydrogen technology, Shanghai Bright-H Technology, a subsidiary of Shanghai Electric, launches its new generation Bristack® series electrolyzers. Certified by TÜV Rheinland, the line includes 100-3000Nm³/h alkaline and 10-400Nm³/h PEM models. Featuring efficient gas-liquid transmission technology, the electrolyzers offer high current density, low energy consumption, wide load regulation and rapid response, achieving industry-leading hydrogen production efficiency. With annual production capacities of 1 gigawatt for alkaline electrolyzers and 200 megawatts for PEM electrolyzers, large-scale green hydrogen deployment is now more feasible.

Shanghai Electric’s latest photovoltaic offerings include the Creator 210R series heterojunction modules, delivering 640W of power with 90% bifaciality. The Company’s TOPCon cost-effective modules and colored building-integrated photovoltaics (BIPV) modules meet a range of market demands. Its modular sustainable construction site solutions boost low-carbon energy supply, increase installation efficiency by 50%, and suit fast turnover scenarios. Comprising five modules, including a single bracket and a BIPV roof, the system assembles quickly with bolts or self-tapping screws and allows flexible expansion.

At Intersolar Europe 2025, Shanghai Electric highlights its advancements in collaborative innovation across photovoltaics, hydrogen and energy storage, along with the integration of high-end equipment with smart energy. The Company’s multi-energy system, combining solar and hydrogen storage solutions, is designed to optimize investment and operating costs. Shanghai Electric’s flexible bracket and tracking system also unlocks the value of unused land, while its full life cycle services help ensure long-term project benefits and improved energy efficiency.

Leveraging its expertise and adapting to local conditions, Shanghai Electric proved its capability to push Europe’s green energy transition toward net-zero emissions by 2050. In the United Kingdom, the Company has independently developed, built, and operated eight photovoltaic projects, featuring 220MWh of energy storage, with 100MWh already operational. These efforts are expected to cut carbon dioxide emissions by about 112,000 tons annually.

Elsewhere, the photovoltaic project in Romania, constructed and operated with the participation of Shanghai Electric, is capable of supplying green electricity to over 120,000 households upon completion. The Pancevo Thermal Power Plant in Serbia, designed in full compliance with European standards and developed by Shanghai Electric, has generated a cumulative total exceeding 950 million kilowatt-hours of electricity since its commissioning, effectively alleviating local power supply constraints.

For more information about Shanghai Electric, please visit https://www.shanghai-electric.com/group_en/.

E&R Showcases Next-Gen Laser and Plasma Solutions with Strategic Partners at SEMICON SEA 2025 in Singapore

KAOHSIUNG, May 9, 2025 /PRNewswire/ — E&R Engineering Corp. is proud to announce its participation at SEMICON Southeast Asia 2025, held at the Sands Expo & Convention Centre, Singapore from May 20 to 22. With over 30 years of dedication in the semiconductor industry, E&R will unveil its latest innovations in advanced laser and plasma processing, continuing to push the boundaries of semiconductor equipment technology.

This year, E&R teams up with two strong partners — Zen Voce and GP Group — to form a powerful joint exhibition team. The three companies bring broad experience across different parts of the semiconductor industry, from front-end and packaging to back-end and automation. This collaboration shows our shared drive for innovation and quality, with the belief that “1 + 1 + 1 > 3” — where the combined strength of three creates more than each on its own.

Featured Technologies from E&R:

Plasma Dicing – Small Die Dicing Solution
E&R delivers a hybrid laser grooving and plasma dicing solution that supports ultra-fine dice lanes (10–30 μm). Beyond equipment, E&R also provides a turnkey dicing service, handling unique shapes like hexagons, circles, or MPR layouts with precision and consistency.

FOPLP – Fan-Out Panel Level Packaging (700 × 700 mm)
E&R’s total solution supports large panel processes including laser marking, laser cutting, laser descum, plasma cleaning, and post-drill de-smear, with a remarkable warpage control up to 16 mm. The process is further enhanced with laser debonding and plasma dry etching solutions for separation of glass carrier and panel.

Glass Substrate Solutions
E&R leads in glass core process equipment, offering:

  • High-productivity TGV drilling (600–1,000 VPS, ±5 μm @ 3σ)
  • Glass laser polishing for sidewall roughness control
  • Laser beveling & precision AOI for defect detection

Advanced Packaging

  • High-precision laser drilling for 2.5D/3D ICs (±5 μm, B/T ratio up to 90%)
  • Hybrid laser and plasma for advanced TSV solution
  • Multi-beam laser marking (±25 μm accuracy, high throughput)
  • Controlled thermal laser cutting

Join us at SEMICON SEA 2025 to see how E&R, Zen Voce, and GP Group are driving the future of semiconductor manufacturing — with more precise, efficient, and integrated solutions.

Booth Information

  • Booth Number: #L2413
  • Location: Sands Expo & Convention Centre, Singapore
  • Dates: May 20–22, 2025
  • E&R Website: https://en.enr.com.tw/

 

TuniTuni to Launch Its First Official U.S. Center in Fort Lee, New Jersey, Bringing Innovative Storytelling Play Gym for Toddlers

FORT LEE, N.J., May 9, 2025 /PRNewswire/ — Daekyo America, a global leader in educational services, announced today the grand opening of its first official TuniTuni Center in the United States, located in the vibrant community of Fort Lee, New Jersey. The highly anticipated center will officially open its doors on May 5, 2025, introducing a unique storytelling play gym to American families.

 

Children enjoying their first class at the TuniTuni Center in New Jersey

Originally launched in South Korea in 2003, TuniTuni has captivated over three million children worldwide since its inception. This innovative program is specifically designed for toddlers aged 12 to 36 months, fostering not only crucial physical development but also nurturing creativity and emotional growth. Unlike traditional play, TuniTuni helps children understand the context of their physical activities.

Prior to this official U.S. launch, TuniTuni successfully operated popular pilot classes over the past two years, earning an impressive customer satisfaction score of 9.8. Building on this proven success and high demand, this first full-scale center will now offer the complete and enriching TuniTuni experience to families in Fort Lee and surrounding communities.

The opening of the TuniTuni Center in Fort Lee strategically coincides with Daekyo America’s headquarters relocation to the same area, underscoring the company’s commitment to the local community. The new space will also feature the exciting introduction of Plamu, an art education program thoughtfully developed based on the esteemed British museum education model. Plamu will focus on cultivating creative thinking skills and a strong sense of responsibility in young learners.

“We are thrilled to celebrate the official U.S. launch of TuniTuni in Fort Lee after two years of overwhelmingly positive feedback from our pilot classes,” said Bada Kang, CEO of Daekyo America. “We are deeply committed to helping children in the Fort Lee area achieve balanced growth—physically, emotionally, and cognitively—through our unique and engaging storytelling play gym program.”

To commemorate this exciting grand opening, the TuniTuni Center will host a variety of special events designed for families, including free trial classes, informative parent information sessions, and exclusive early registration benefits. This is a fantastic opportunity for parents seeking enriching early childhood education programs to experience the benefits of TuniTuni firsthand.

For more comprehensive information about the TuniTuni program and to easily register for upcoming opening events, please visit our official website at tunituniglobal.com or follow our engaging updates on Instagram @tunituni_us. Discover how TuniTuni can unlock your toddler’s full potential through the power of play and storytelling.

About Daekyo America:

Daekyo America is a leading global education provider, empowering students through personalized learning, with over 120 Eye Level Learning Centers across the United States and Canada. Its programs in math and English are designed to empower students with strong academic foundations and critical thinking skills through a personalized learning approach that caters to each child’s unique needs. As a subsidiary of Daekyo, a global education company serving learners in 19 countries and regions, Daekyo America is committed to helping students reach their full potential—one step at a time.

Galaxy Macau Unveils World’s Largest Bentley Flying Spur Mulliner Fleet, Elevating Guest Experiences to New Levels of Luxury

As the first of its kind in Hong Kong and Macau, the record-breaking fleet of legendary limousines was officially launched at the Galaxy Macau Forecourt, with all nine vehicles on magnificent display.


MACAU SAR – Media OutReach Newswire – 9 May 2025 – In keeping with its commitment to providing ultra-luxurious comfort with unparalleled experiences, Galaxy Macau™, the award-winning integrated resort, last week unveiled nine “Galaxy Collection of Bentley Flying Spurs” to its legendary fleet. Marking the largest coach-built, bespoke Flying Spur fleet in the world, the addition of these extraordinary cars further elevates Galaxy Macau’s collection of vehicles dedicated to transporting guests in superlative style.

The “Galaxy Collection” ushers in a new era of VIP journeys in style
The “Galaxy Collection” ushers in a new era of VIP journeys in style

On April 29, Galaxy Macau unveiled this new addition to its legendary transport collection, featuring the “Galaxy Collection Bentley Flying Spur” fleet; the very first exemplar of this high-specification vehicle to arrive in Hong Kong and Macau. The grand reveal included Mr. Kim Airey, Managing Director of Bentley Motors for the Chinese Mainland, Hong Kong, and Macao; Mr. Hing Tak Mak, President of Kam Lung Motor Group; Mr. Elmen Lee, Director of Integrated Resort Services at Galaxy Macau; Mr. Troy Hickox, Head of Hotels and Lifestyle Development Services at Galaxy Entertainment Group (GEG); Mr. Roger Lienhard, Executive Vice President of Hospitality at Galaxy Macau; Mr. James Koratzopoulos, Executive Vice President of Hotel & MICE Operations at GEG; and Mr. Jeremy Walker, Senior Vice President of Marketing & Event Services at GEG.

Galaxy Macau proudly unveils the “Galaxy Collection” – the world’s largest Bentley Flying Spur Mulliner fleet
Galaxy Macau proudly unveils the “Galaxy Collection” – the world’s largest Bentley Flying Spur Mulliner fleet

Mr. Roger Lienhard, delivered a heartfelt welcome speech on behalf of Galaxy Macau: “The acquisition of these extraordinary cars is the result of many months of close collaboration with the Bentley team in England, to custom-make the bespoke, hand-finished ‘Galaxy Collection.’ The unveiling of this fleet marks a new era of ultra-luxury hospitality, aligning with Galaxy Macau’s signature ‘World-Class Asian Heart’ service philosophy; while reinforcing Macau’s unique status as a ‘World Center of Tourism and Leisure.'”

Mr. Kim Airey remarked, “We’re delighted that Galaxy has chosen to co-create with Mulliner, Bentley’s personal commissioning division, to bring these handcrafted vehicles into a world-class chauffeur fleet. We hope these Flying Spurs will elevate the chauffeur experience at Galaxy Macau, delivering unparalleled style and luxury to every guest’s journey, while also showcasing the exquisite craftsmanship and attention to detail of Bentley’s artisans at our Dream Factory in Crewe, England.”

The unveiling celebration was included Bentley Motors’ and Galaxy Macau’s Leadership (from Left to Right) Mr. Jeremy Walker, Senior Vice President of Marketing and Event Services at Galaxy Entertainment Group (GEG); Mr. James Koratzopoulos, Executive Vice President of Hotel & MICE Operations at GEG; Mr. Elmen Lee, Director of Integrated Resort Services at Galaxy Macau; Mr. Roger Lienhard, Executive Vice President of Hospitality at Galaxy Macau; Mr. Kim Airey, Managing Director of Bentley Motors for the Chinese Mainland, Hong Kong, and Macao; Mr. Hing Tak Mak, President of Kam Lung Motor Group; and Mr. Troy Hickox, Chief Representative, UAE and Head of Hotels and Lifestyle Development Services at GEG
The unveiling celebration was included Bentley Motors’ and Galaxy Macau’s Leadership (from Left to Right) Mr. Jeremy Walker, Senior Vice President of Marketing and Event Services at Galaxy Entertainment Group (GEG); Mr. James Koratzopoulos, Executive Vice President of Hotel & MICE Operations at GEG; Mr. Elmen Lee, Director of Integrated Resort Services at Galaxy Macau; Mr. Roger Lienhard, Executive Vice President of Hospitality at Galaxy Macau; Mr. Kim Airey, Managing Director of Bentley Motors for the Chinese Mainland, Hong Kong, and Macao; Mr. Hing Tak Mak, President of Kam Lung Motor Group; and Mr. Troy Hickox, Chief Representative, UAE and Head of Hotels and Lifestyle Development Services at GEG

Ushering in a new era of VIP journeys in style, Galaxy Macau proudly unveiled the world’s largest fleet of Bentley Flying Spur Mulliners—the ultimate ultra-luxury exemplars of the bespoke specification Flying Spur—adding gravitas to the award-winning integrated resort’s collection of luxury limousines.

Mulliner is where Bentley’s long heritage in coachbuilding meets modern craftsmanship and innovation, bringing extraordinary versions of its vehicles to life. From an exclusive selection of colors, materials, and features meticulously curated by its artisans to bespoke options crafted in direct collaboration with its designers, Mulliner offers a realm of limitless possibilities.

The unveiling of the “Galaxy Collection” exceptional fleet of Bentley Flying Spur Mulliners further reinforces Macau’s unique status as a ‘World Center of Tourism and Leisure’
The unveiling of the “Galaxy Collection” exceptional fleet of Bentley Flying Spur Mulliners further reinforces Macau’s unique status as a ‘World Center of Tourism and Leisure’

In the Flying Spur Mulliner, Galaxy’s guests can enjoy the pinnacle of Bentley luxury and performance, uniquely combining sleek design, the finest hand-finished craftsmanship, sumptuous leather interiors, and exceptional power enabled by its phenomenal Ultra Performance Hybrid powertrain. The result is a fleet that features the unique hallmarks of Galaxy Macau, reflecting its status as the world’s largest and most highly awarded 5-star luxury integrated resort.

The introduction of the Bentley Flying Spur Mulliner fleet celebrates Galaxy Macau’s unwavering commitment to the craft of hospitality. With this latest addition to its fleet, the award-winning integrated resort continues to expand its distinctive offerings, driven by a vision to establish a world-class luxury resort destination that resonates with visitors and holds a special place in the hearts of its discerning guests.

Hashtag: #GalaxyMacau

The issuer is solely responsible for the content of this announcement.

About Galaxy Macau Integrated Resort

Galaxy Macau™, The World-class Luxury Integrated Resort delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Eight award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau and Andaz Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz-Carlton Spa, Macau help guests relax and rejuvenate.

As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies; Galaxy Promenade is the hottest shopping destination featuring the latest in fashion and curated experiences in Macau. Spanning over 100,000-square-meter, luxury flagship stores, lifestyle boutiques and our selection of labels are among the more than 200 world-renowned brands for a world-class shopping journey; Galaxy Cinemas, immersive thrills and luxurious comfort go hand in hand at Galaxy Cinemas. All 10 theaters are equipped with the latest audio-visual technology; CHINA ROUGE, one-of-a-kind cabaret lounge that evokes the glamor of Shanghai’s golden era with stylish entertainment and customizable surrounds; and Foot Hub, which presents the traditional art of reflexology for authentic relaxation and revitalization. For Authentic Macau Flavours and Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavours at Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting, incentive and banquet groups are also catered to with a portfolio of unique venues in Galaxy Macau and an expert service team.

Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world-class event venue featuring 40,000-square-meters of total flexible MICE, and the 16,000-seat Galaxy Arena – the largest indoor arena in Macau.

For more details, please visit , and .

Beijing Week of China Pavilion at Expo 2025 Osaka Kansai Japan Kicks off

OSAKA, Japan, May 9, 2025 /PRNewswire/ — On May 8, Beijing Week of China Pavilion at Expo 2025 Osaka Kansai Japan (Beijing Week) officially kicked off under the theme “Beautiful Beijing Shining at the Expo.” The event attracted over 100 attendees, including government officials, representatives from Japanese business associations, Chinese and Japanese companies, and media outlets.

Beijing Week is held from May 8 to 10. The opening ceremony featured a cultural symphony, highlighted by the kung fu dance performance “Dragon Rhythm.” In a symbolic gesture of mutual understanding and cooperation, guests from China and Japan exchanged “Beijing Swift” badges.

Promotion and dialogue created new cooperation prospects. The “Hello, Beijing” Culture and Tourism Promotion spotlighted the city’s rich cultural assets and tourism policies. The “Invest in Beijing, Win the Future” Special Promotion Event in Osaka highlighted Beijing’s global business environment and “Two Zones” development policies. The 2025 Urban New Energy Forum promoted developments in the energy sector.

Interactive exhibitions showcased China’s cultural charm. At the “Brushing together – Chinese and Japanese calligraphers ink up,” artists from both countries created and exchanged calligraphy works on-site. The Beijing Central Axis Exhibition offered a virtual experience of Beijing’s UNESCO World Heritage site. The “Hello, Beijing” Photography Exhibition portrayed the city’s green, historical, and innovative dimensions. The “Hello, Beijing” ICH Exhibition & Interactive Experience brought traditional craftsmanship to life, featuring dough modeling, kite making, and brush making. The “Hello, Beijing” Cultural Exhibition and Performances & Tourism Promotion integrated traditional arts such as calligraphy and tai chi. The 27th CHITEC Meets Expo 2025 Osaka showcased cutting-edge technologies and cultural achievements that embody China’s charm and Beijing’s distinctive spirit. At the Interactive Promotion of Cultural Products, visitors were also invited to interact with panda mascots, and explore the LABUBU-themed check-in zone.

EES Europe 2025: Sunwoda Energy Unveils Innovative Energy Storage Solutions for A Sustainable Future

MUNICH, May 9, 2025 /PRNewswire/ — Sunwoda Energy made a significant impact at EES Europe 2025, Europe’s largest and most international exhibition for batteries and energy storage systems, by unveiling several groundbreaking innovations. These included the launch of its 6.528MWh liquid cooling energy storage system powered by Sunwoda’s advanced 625Ah high-capacity battery cells and a 179kWh C&I ESS. The company also presented fully integrated energy storage solutions, covering the entire value chain—from battery cells and packs to integrated systems, reinforcing its commitment to advancing high-capacity battery technology for a sustainable future.

Sunwoda Energy’s Groundbreaking ESS Innovations

At the heart of the new launch was Sunwoda Energy’s NoahX 3.0 6.528MWh Liquid Cooling ESS, equipped with high-performance 625Ah LFP battery cells that deliver over 15,000 cycles and a 25-year service life. The system integrates AI-enabled active balancing to optimize charge/discharge consistency and overall efficiency. With multi-layer fire protection, high energy density (430+Wh/L), and the ability to operate in extreme environments from -30°C to 55°C, the NoahX 3.0 is designed to meet the needs of next-generation utility-scale energy storage.

Sunwoda NoahX 3.0 6.528MWh Liquid-Cooling ESS Launched
Sunwoda NoahX 3.0 6.528MWh Liquid-Cooling ESS Launched

Additionally, Sunwoda Energy presented its OASIS A180 179kWh C&I ESS, which offers a compact design, flexible deployment, and smart energy management capabilities for C&I applications in Europe.

The company also showcased a comprehensive range of integrated energy storage solutions, including battery cells (280Ah, 314Ah, 625Ah), utility-scale ESS (5MWh), C&I ESS (215kWh), and residential ESS (5-120kWh), underscoring its full end-to-end production capabilities.

Sunwoda Energy: Trusted by Partners, Defined by Quality

At the exhibition, Sunwoda Energy strengthened its European leadership through partnerships with industry leaders such as SMA, Krannich Solar, Solarmarkt, Energy3000 Solar, Wagner Solar and others. These collaborations demonstrate the company’s ability to deliver scalable, high-performance energy storage solutions, highlighted by the successful deployments across Europe, ensuring reliability in key applications.

Leveraging Sunwoda Group’s nearly 30 years of manufacturing expertise, the company’s end-to-end capabilities—from battery cell to integrated systems—embody its commitment to “Crafting every battery with care” and ensuring “Quality Assurance for All.” These strengths enable Sunwoda Energy to maintain rigorous quality control while delivering tailored solutions that meet global demands and uphold the highest safety standards.

By the end of 2024, Sunwoda Energy’s global cumulative installed capacity exceeded 19GWh. With recognition as a BloombergNEF Tier 1 Manufacturer, the company continues to drive Europe’s green energy transition and solidify its position as one of the global leaders in sustainable energy development.

About Sunwoda Energy
Sunwoda Energy, leveraging nearly 30 years of battery manufacturing experience from its parent company Sunwoda Electronic Co., Ltd. (Stock Code: SZ300207), is a full-industrial-chain energy storage solution provider specializing in lithium battery storage integration and application technologies. With expertise in cells, PACK, BMS, EMS, and system integration, the company delivers integrated energy storage solutions for utility-scale, commercial & industrial, and residential applications, as well as network energy and smart energy, to drive innovation towards a more sustainable energy future. For more information, please visit www.sunwodaenergy.com.

 

CONTACT: Zeng Edward, zengqinghua@sunwoda.com 

NYSE Content Advisory: Pre-Market update + U.S. & China trade talks set for this weekend

NEW YORK, May 9, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

Kristen Scholer delivers the pre-market update on May 9th

  • President Donald Trump announced a preliminary trade deal with the U.K. yesterday. It is the first agreement between the U.S. and one of its key global trading partners since the President’s reciprocal tariff announcement on April 2nd.
  • Market action indicates investor optimism that this deal is the start of more progress. While details have yet to be finalized, President Trump said a 10% baseline tariff will remain in place on U.K. goods.
  • This weekend, Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are scheduled to meet with their Chinese counterparts in Switzerland.

Opening Bell
Barrick (NYSE: B) celebrates its new ticker symbol and next phase of growth

Closing Bell
Intercontinental Exchange (NYSE: ICE) celebrates the 25th anniversary of founding

Watch NYSE TV Live every weekday 9:00-10:00am ET

Video – https://mma.prnewswire.com/media/2683637/NYSE_May_9_2025_Market_Update.mp4 

 

Vietnam Maritime Corporation’s growth (VIMC) set to navigate in the new era

30 years of establishment and with a second-class labor medal


HANOI, VIETNAM – Media OutReach Newswire – 9 May 2025 – Vietnam Maritime Corporation (VIMC) solemnly celebrates its 30th anniversary and receives the Second-Class Labor Medal, marking three decades of establishment, development and significant contributions to Việt Nam’s maritime industry. The event will be honoured by the presence of leaders from the Viet Nam’s Party and Government, the Ministry of Finance, strategic partners and customers, along with the entire workforce of VIMC.

Three decades of establishment and development

Vietnam Maritime Corporation (formerly known as Vinalines) was established on April 29, 1995, through the restructuring of several shipping, port operations and maritime service enterprises.

Initially, Vinalines had a modest charter capital of less than VND 1,500 billion, managing a fleet of 49 vessels with an average age of 21.5 years and a combined tonnage of 400,000 DWT. At that time, the corporation lacked dedicated port infrastructure, possessing only 6,900 metres of berth.

Throughout its history, VIMC has undergone multiple phases of growth. At its peak, the corporation managed a fleet of 159 vessels, with a total capacity of nearly 3.5 million DWT, accounting for 45% of the national total tonnage. However, the global financial crisis of 2008 posed severe challenges, pushing VIMC to the brink of bankruptcy.

During this turbulent period, with the strategic direction and support from the Government and relevant ministries, VIMC successfully navigated the crisis. Inspired by the resilience and determination of seafarers, VIMC implemented transformative solutions that have been rigorously pursued over the past decade.

Undergoing a comprehensive restructuring, VIMC streamlined its operations to focus on three core business pillars: port operation, shipping and maritime services. It also decisively divested from loss-making entities and adopted modern governance and business models. New management tools and customer-centric strategies were integrated across all operations, ensuring greater efficiency and effectiveness.

With these breakthrough strategies, VIMC has achieved remarkable recovery and development. From an equity deficit of (USD 180 million) VND 4,600 billion, the corporation has now grown to (USD 900 million) VND17,000 billion in equity capital. Today, VIMC has transformed into a publicly listed enterprise with a market capitalization exceeding (USD 4 billion) VND 100,000 billion. The corporation operates more than 16 key seaports, handling nearly 30 per cent of Việt Nam’s total cargo throughput, while continuously expanding and modernising its shipping fleet.

VIMC is spearheading investments in major deep-sea ports, including Cai Mep – Thi Vai, Lach Huyen and Can Gio International Hub Port — a strategically significant project aimed at enhancing Vietnam’s maritime position on the global stage. Over three decades, VIMC’s relentless innovation has enabled its recovery, but also unlocked new pathways for sustainable growth, setting the stage for a future of groundbreaking advancements.

30th Anniversary Ceremony

The 30th anniversary and the awarding of the Second-Class Labor Medal to VIMC will take place on May 10, 2025, at the National Convention Center. The event will be attended by senior leaders from the Viet Nam’s Party and Government, representatives from ministries, international organisations, business partners and the entire VIMC workforce.

During the ceremony, Le Anh Son, Chairman of the VIMC’s Board of Directors, will emphasise: “The Second-Class Labor Medal, awarded by the President, is a tremendous honour and encouragement for all VIMC employees. Our 30-year journey is not only one of growth but also of challenges and innovation. VIMC is committed to expanding its operations, enhancing competitiveness and making significant contributions to Việt Nam’s economy.”

Sustainable Development Strategy

In the years to come, VIMC aims to optimise port operations, expand logistics services, and modernise its fleet with environmentally friendly vessels. The corporation is actively collaborating with leading global shipping companies to strengthen Việt Nam’s maritime connectivity. VIMC is developing an integrated logistics system that connects inland container depots (ICDs) and inland logistics centers to deep-water ports via rail and inland waterway transportation. This approach aims to reduce environmental emissions, ease the burden on the road transport network, contributing to Vietnam’s goal of achieving net-zero emissions by 2050.

VIMC is also prioritising digital transformation, incorporating artificial intelligence (AI) and big data into port operations and maritime logistics. These advancements will optimise costs, improve efficiency and minimise environmental impact and driving sustainable growth.

VIMC is also prioritising digital transformation, incorporating artificial intelligence (AI) and big data into port operations and maritime logistics. These advancements will optimise costs, improve efficiency and minimise environmental impact and driving sustainable growth.

Navigating into a new era

As a leading enterprise in Việt Nam’s maritime sector, VIMC remains committed to fostering economic growth, facilitating international trade and enhancing the competitiveness of the country’s port system. The corporation’s future vision includes maintaining sustainable growth while adopting global standards for green shipping and smart logistics.

The 30th anniversary marks a significant milestone in VIMC’s journey. With a solid foundation and a clear strategic vision, the corporation continues to assert its leadership in the maritime sector, striving for sustainable development and deeper global integration. With clear strategic direction and bold ambitions, VIMC is steadily advancing towards its goal of becoming a leading maritime corporation in the region.

Hashtag: #VIMC

The issuer is solely responsible for the content of this announcement.

About VIMC

Established in 1995 under the Prime Minister’s Decision No. 250 / TTg with the mission of being the core and key enterprise of Vietnam’s maritime industry. Over 29 years of establishment and development, VIMC is one of leading businesses in opening up cooperation, international integration, providing maritime services on a global scale, making an important contribution to the development of Vietnam’s marine economy. VIMC changed to operate as a joint stock company from August 18, 2020.