Vip GreenPort Joint Stock Co

Vip GreenPort Joint Stock Co

UUPCOM:VGR
127,200.00
VND
-300.00
(-0.24%)
Vip GreenPort Joint Stock Co
UPCOM:VGR
(Unlisted Public Company Market)

Recent

price

127,200.00

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ratio

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div

yld

- -

ROIC.AI

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Business
Vip GreenPort Joint Stock Company is a Vietnam-based marine terminal operator providing comprehensive container handling, warehousing, and maritime logistics services. Founded in 2014 and headquartered in Hai Phong, Vietnam, the company operates as a core subsidiary of Vietnam Container Shipping Joint Stock Corporation (Viconship). Its primary asset, VIP Green Port, is located in the Dinh Vu - Cat Hai Economic Zone and comprises a 400-meter quay, a 20-hectare container yard with an operating capacity of approximately 12,000 TEUs, ship-to-shore container gantry cranes, and electrified rubber-tired gantry systems capable of serving vessels up to 42,000 DWT. The company provides a systematic range of port and logistics solutions, including container stevedoring, vessel loading, and discharge operations; container yard storage, container depot management, and bonded warehousing; specialized cold-chain infrastructure and monitoring services supported by over 2,000 refrigerated container plug-in points; container freight station (CFS) management, cargo stuffing, and devanning; pre-trip inspection, maintenance, and structural repair services for dry and refrigerated containers; marine terminal support services, including tugboat assistance, berthing coordination, and mooring; customs documentation support and domestic freight forwarding; and digital port management services delivered via its E-Port platform, which features electronic delivery orders, electronic equipment interchange receipts, online tracking, and electronic invoicing. The company primarily caters to global container shipping alliances, regional feeder operators, domestic logistics providers, and industrial manufacturers operating within northern Vietnamese industrial zones. In recent developments, the company has integrated its maritime operations into Viconship's consolidated Northern port cluster alongside Green Port and the acquired Nam Hai Dinh Vu Port, optimizing berth allocation and regional container handling capacity. Additionally, parent company Viconship restructured its equity holdings in the company, reducing its stake from over 74 percent to approximately 54 percent to adjust shareholder float requirements. The company has initiated strategic preparations to transfer its equity listing from the UPCoM exchange to the Ho Chi Minh Stock Exchange (HOSE) and continues to advance green terminal initiatives, terminal operating system modernization, and automated gate integration in conjunction with regional maritime channel deepening initiatives designed to accommodate vessels up to 55,000 DWT.