Vietnam and Saigon Shipping J/S is going up in gear.

Saigon Shipping Company J/S is opening the new build 6000 m2 bonded ware house in Thu Duc industrial zone on 1. April and a new distribution centre in port of Danang mid summer.

The combined container service of road- and river transportation with own trucks and river vessels have tripled the 2 first months of 2010 compared to same period last year.

This positive trends are expected to develop further during 2010.

At the Annual General Meeting 12. April a dividend of 4 % will be proposed.

SAMCO(Peoples Committee) owns 51 % and ERRIA 35 %.

(Source: SSCO / ERRIA)