Logistics Vicem Joint Stock Co

Logistics Vicem Joint Stock Co

HHOSE:HTV
13,150.00
VND
+700.00
(+5.62%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Huan Van Do
Full Time Employees
184
Sector
Transportation
Industry
Marine shipping
Address
Ho Chi Minh City Vietnam
IPO Date
Jan 5, 2006
Business
Logistics Vicem Joint Stock Company is a Vietnam-based logistics and transportation enterprise primarily engaged in multimodal freight transport, port terminal operations, and supply chain management for the building materials and industrial commodities sectors. Founded in 1999 and headquartered in Ho Chi Minh City, Vietnam, the company operates as a key transportation subsidiary of the state-owned Vietnam Cement Industry Corporation (VICEM). Logistics Vicem structures its commercial activities into several core business segments: Inland Waterway and Coastal Shipping, Road Haulage, Port and Stevedoring Services, Warehousing and Inventory Management, Material Trading, and Maritime Technical Support. The company offers a specialized portfolio of services and products, comprising inland waterway barge and river-sea (VR-SB) transport of bulk commodities such as bagged and bulk cement, clinker, coal, gypsum, slag, limestone, and construction aggregates; coastal shipping, vessel chartering, tugboat assistance, and marine agency services; road transportation utilizing heavy-duty trucks, bulk cement tank trailers, and container haulage fleets; port terminal stevedoring, berth cargo loading and discharging, transshipment, and crane handling; covered warehouse storage, open bulk-storage yards, and multi-point distribution management; commercial trading of cement, clinker, industrial coal, fuels, lubricants, and machinery components; and marine equipment maintenance, dry-docking repairs, and naval technical services. Logistics Vicem primarily caters to cement production plants, infrastructure developers, building material distributors, thermal power stations, and heavy industrial manufacturers across southern Vietnam, the Mekong Delta, and central maritime corridors. In recent developments, Logistics Vicem has accelerated its strategic transition from a captive logistics unit into an integrated third-party logistics (3PL) provider, expanding commercial logistics contracts with independent industrial clients outside the VICEM ecosystem to diversify its revenue base. The company has also executed a comprehensive fleet modernization initiative, retiring older, low-capacity barges while deploying fuel-efficient, high-tonnage river-sea push barge convoys and upgrading harbor loading equipment to improve turnaround times and comply with stricter environmental standards. Furthermore, Logistics Vicem has implemented digital fleet tracking, automated cargo dispatch, and digitized transport management systems across its logistics network to optimize route planning and mitigate operating margin pressures arising from fuel price fluctuations.