Vietnam Tanker Joint Stock Company
HHOSE:VTO10,900.00
VND
-450.00
(-3.96%)
ISIN
VN000000VTO1
Return %
Stock
S&P 500
1Y
-5.63
14.20
3Y
18.48
81.12
5Y
-23.78
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Cuong Quang Nguyen
- Full Time Employees
- 522
- Sector
- Transportation
- Industry
- Marine shipping
- Address
- Ho Chi Minh City Vietnam
- IPO Date
- Oct 1, 2007
- Website
- vitaco.petrolimex.com.vn
- Similar Companies
- Business
- Vietnam Tanker Joint Stock Company (HOSE: VTO), commonly known as VITACO, is a Vietnam-based maritime logistics enterprise primarily engaged in the coastal and international ocean transportation of petroleum products, crude oil, and petrochemicals. Founded in 1998 and headquartered in Ho Chi Minh City, Vietnam, the company operates as a key shipping subsidiary of Petrolimex Tanker Corporation under the parent organization Vietnam National Petroleum Group (Petrolimex). The company provides an integrated suite of maritime and logistics solutions, comprising: Petroleum and Chemical Transportation Services, offering domestic coastal shipping and international deep-sea maritime transport for refined petroleum products, crude oil, and chemical cargoes via a fleet of modern product tankers; Marine Support and Harbor Towing Services, supplying tugboat operations, vessel berthing assistance, escort towing, offshore support, and marine rescue services; Shipping Agency and Logistics Services, delivering seaport agency representation, cargo forwarding, customs clearance, and chartering brokerage; and Technical and Fleet Management Services, including crew manning and training, vessel repair, technical maintenance, marine supply, and bunkering services. The company serves major energy corporations, refineries, and industrial consumers across domestic routes in Vietnam and international maritime corridors spanning Southeast Asia and East Asia. In recent operational developments, Vietnam Tanker Joint Stock Company has executed a strategic fleet modernization and decarbonization initiative, upgrading vessel propulsion and auxiliary systems to comply with International Maritime Organization (IMO) Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII) regulations. Furthermore, the company has expanded its international spot and time-charter contracts to capture favorable charter rates across regional Asian shipping routes, optimized vessel allocation between domestic supply commitments for Petrolimex and external commercial voyages, and integrated digital fleet management platforms to enhance fuel tracking, operational efficiency, and maritime safety standards.