Vietnam Salvage Joint Stock Co
UUPCOM:SAL5,800.00
VND
+800.00
(+16.00%)
Vietnam Salvage Joint Stock Co
UPCOM:SAL
(Unlisted Public Company Market)
Recent
price
5,800.00
P/E
ratio
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div
yld
- -
ROIC.AI
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- Business
- Vietnam Salvage Joint Stock Company is a Vietnam-based marine services and emergency response provider operating within the maritime logistics and offshore support industry. Founded in 1976 and headquartered in Ho Chi Minh City, Vietnam, the company functions as a key specialized maritime unit affiliated with the Vietnam Maritime Corporation, delivering services to domestic shipping enterprises, international ocean carriers, port authorities, and offshore energy operators. The company provides a comprehensive portfolio of marine solutions, which includes emergency maritime rescue and vessel salvage operations; ocean and harbor towage of sea-going vessels, barges, and offshore drilling platforms; wreck removal, underwater cutting, and hazardous seabed clearance; commercial diving services, underwater hull inspections, non-destructive testing, and underwater maintenance; marine pollution control, hazardous material management, and oil spill response services; hydrographic surveys and oceanographic mapping; underwater construction, submarine cable laying, and port infrastructure engineering; and the chartering, leasing, and management of specialized crane barges, tugboats, and salvage equipment. The company conducts primary operations across the coastal waters, major seaports, and exclusive economic zones of Vietnam, while extending towage and emergency response coverage into regional Southeast Asian waters. In recent developments, the company has undertaken operational restructuring and capital reallocation initiatives in alignment with its parent group's modernization strategy, focused on upgrading specialized diving, towing, and environmental containment assets, while expanding service capabilities into offshore wind farm logistics and marine renewable energy infrastructure support.