VINASHIP JOINT STOCK COMPANY VIETNAM MARITIME UNIVERSITY INTERNATIONAL SCHOOL OF EDUCATION International Business and Logistics VIETNAM CONTAINER JOINT STOCK COMPANY (VINASHIP) is one of the leading shipping and transportation companies officially operating since March 10, 1984. VINASHIP operates in the field of ImportExport, the companys main function is to trade in import and export consignment services, trade services, including import and export and wholesale and retail. goods on the domestic market.
- VIETNAM MARITIME UNIVERSITY INTERNATIONAL SCHOOL OF EDUCATION FIELDTRIP REPORT VINASHIP JOINT STOCK COMPANY Student: PHAN TU THANH Student ID: 84841 Class: IBL1002 Haiphong, May 2022 VIETNAM MARITIME UNIVERSITY INTERNATIONAL SCHOOL OF EDUCATION FIELDTRIP REPORT VINASHIP JOINT STOCK COMPANY STUDENT: PHAN TU THANH STUDENT ID: 84841 CLASS: IBL1002 Division: International Business and Logistics Faculty: International School of Education Haiphong, May 2022 VINASHIP JOINT STOCK COMPANY AUTHOR’S DECLARATION I, the undersigned Phan Tu Thanh thereby declare that I am the sole author of this report, VINASHIP JOINT STOCK COMPANY This report contains no material previously published by any other person except where due acknowledgement has been made This report contains no material which has been accepted as part of the requirements of any other academic degree or nondegree program, in English or in any other language All data used in the report is obtained from the company where my internship is taken place with their permission This is a true copy of the report, including final revisions Date: May 24th, 2022 Student’s name : PHAN TU THANH Signature: PHAN TU THANH – IBL1002 VINASHIP JOINT STOCK COMPANY PREFACE Despite the fact that the country and the world have been hit by a devastating COVID-19 outbreak, Vietnam's economy remains on course for growth and stability Meanwhile, the global economy and the economies of the region are rapidly developing and attempting to accelerate their growth To keep up with global development and raise people's living conditions, our country must focus on improving overseas commerce and foreign investment However, in order to create significant foreign trade or foreign investment, the transportation industry must first respond quickly to the needs of the economy.Furthermore, our country's location in a fast developing economic zone with a reasonably well-developed transportation system has a considerable impact on the Vietnamese transportation industry Our country also benefits from strong natural conditions and has a much larger port, Saigon - Hai Phong - Da Nang That is the shipping industry's development potential, and the government is attempting to capitalize on it by speeding up the expansion of the shipping network in order to stay up with other nations, therefore container shipping is extremely essential in Vietnam Vietnam is an unavoidable prerequisite because of the global market's homogeneity.VINASHIP is a shipping company with a container port and warehouse network By introducing me to it and learning more about it, VINASHIP assisted me in gaining background knowledge in this subject Furthermore, this internship assisted me in gaining practical knowledge and important information from those with experience in research and development in this subject Signature of student [PHAN TU THANH] PHAN TU THANH – IBL1002 VINASHIP JOINT STOCK COMPANY Table of Contents LIST OF ABBREVIATIONS PHAN TU THANH – IBL1002 VINASHIP JOINT STOCK COMPANY CFS - Container Freight Station DWT also known as deadweight tonnage - Is the gross tonnage of the ship in tons, indicating the amount of cargo that the ship can safely carry, which includes the weight of the ship's cargo, crew, storage, fuel , fresh water, ballast water, etc PHAN TU THANH – IBL1002 VINASHIP JOINT STOCK COMPANY LIST OF TABLES Table 1: Table 2: Business lines of VINASHIP Revenue report of VNA 14 16 PHAN TU THANH – IBL1002 VINASHIP JOINT STOCK COMPANY LIST OF FIGURES Figure Figure Figure Figure The parameters of the fleet of VINASHIP My Thinh ship was built in 1990 The total approved budget for the maintenance of navigational channels in 2022 is more than 1,900 billion VND VINASHIP corporate structure PHAN TU THANH – IBL1002 12 13 17 19 VINASHIP JOINT STOCK COMPANY CHAPTER INTRODUCTION OF VINASHIP JOINT STOCK COMPANY 1.1 Overview VIETNAM CONTAINER JOINT STOCK COMPANY (VINASHIP) is one of the leading shipping and transportation companies officially operating since March 10, 1984 VINASHIP operates in the field of Import-Export, the company's main function is to trade in import and export consignment services, trade services, including import and export and wholesale and retail goods on the domestic market The company has established trade relations with many countries in the world, especially Germany, USA, Italy and European countries, is the leading member in importing household goods, interior equipment , machinery spare parts The company's operating motto is "Bringing high efficiency and being the focal point for connecting domestic and foreign businesses along with becoming the most chosen and reliable partner of customers thanks to the ability to find customers finding, supplying and connecting diverse sources of goods on the basis of always considering customers as the center and creating the best working environment for employees with many opportunities for capacity development, contribute value and create a successful career" In addition, the company is also known as a strong exporter of agricultural products, handicrafts and other processed products With experience in production and business activities, VINASHIP ImportExport Company is a reliable partner for domestic and international customers 1.2 General information • Trading name: VINASHIP SEA TRANSPORTATION JOINT STOCK COMPANY • Business Registration Certificate No 0200119965 registered for the first time on December 27, 2006, and registered for the second change on July 4, 2013 at the Department of Planning and Investment of Ho Chi Minh City Hai Phong • Charter capital: 200,000,000,000 VND • Owner's investment capital: 200,000,000,000 VND • Address: No 01 Hoang Van Thu, Minh Khai ward, Hong Bang district, City • • • • Hai Phong Phone number: (84-31) 3842151 Fax number: (84-31) 3842271 Website: www.vinaship.com.vn Stock code: VNA PHAN TU THANH – IBL1002 10 VINASHIP JOINT STOCK COMPANY 1.3 Brief history • 1984 : On March 10, 1984, Shipping Company III (VINASHIP) was • established under Decision No 694/QD-TCCB of the Minister of Transport 1993 : March 23, 1993: The Ministry of Transport issued a decision to re- • establish Shipping Company III according to Decision No 463/QD-TCCB 2006 : On October 24, 2006, the Ministry of Transport signed a decision on • approving the plan and transforming Shipping Company III, a member unit of Vietnam National Shipping Lines into Joint Stock Company VINASHIP 2006 : On December 21, 2006 VINASHIP Shipping Joint Stock Company • conducted the General Meeting of Shareholders to establish the Company, with a total charter capital of 200 billion VND, of which the State holds 51% 2008 : On August 20, 2008, the Company was listed on the Ho Chi Minh Stock • Exchange issued by the General Director of the Ho Chi Minh Stock Exchange 2008 : First stock trading date: 09/09/2008 1.4 Functions The company's main duty is to trade in import and export consignment services, trade services, including import and export, wholesale and retail goods on the domestic market VINASHIP Import-Export Co., Ltd operates in the field of Import-Export The company has established trading relations with numerous countries throughout the world, including Germany, the United States, Italy, and other European countries, and is a significant importer of home items, interior equipment, machinery, and spare parts A strong exporter of agricultural products, handicrafts, and other processed products, the company is also well-known VINASHIP Import-Export Company is a reliable domestic and international partner with vast experience in production and commercial activities 1.5 Facilities and Equipment 1.5.1 VINASHIP Fleet PHAN TU THANH – IBL1002 16 VINASHIP JOINT STOCK COMPANY In particular, the works to be implemented in 2021 - 2022, including: Hai Phong channel (section of Ha Nam, Bach Dang canal, Cam river, Lach Huyen), Pha Rung, Nghi Son, Cua Lo, Da Nang, and Saigon channels – Vung Tau, Soai Rap (Hiep Phuoc section), Hau river navigation channel (Channel for large tonnage ships), Soai Rap The total cost of implementation is expected to be more than 1,863 billion VND The channels in the maintenance plan in 2022 include: Cua Viet, Rach Gia Total estimated cost is more than 45 billion VND The plan also determines the investment level for dredging works to be implemented in the period of 2022 - 2024 In which, the amount of investment capital to be arranged in 2022 is more than 27 billion VND to serve some preparation procedures “At the marine infrastructure maintenance plan in 2022, the Ministry of Transport is also expected to allocate more than 4.9 billion VND to serve the dredging of seaport waters in combination with product recovery of channels: fairways Tien river navigation channel, Dinh An - Hau river channel, Tran De navigation channel, Cua Viet navigation channel and Cua Hoi - Ben Thuy navigation channel At the same time, more than 19 billion VND will be arranged for repair and maintenance of the embankment of the Off channel channel for large vessels entering the Hau River, the embankment of the Ha Nam canal," a representative of the Maritime Administration informed PHAN TU THANH – IBL1002 17 VINASHIP JOINT STOCK COMPANY CHAPTER PROFESSIONAL POSITION DESCRIPTION OF VINASHIP JOINT STOCK COMPANY 2.1 Organizational structure Figure : VINASHIP corporate structure Source : VINASHIP JSC 2.2 Professional position description • General Meeting of Shareholders (GMS) The General Meeting of Shareholders has the highest authority in the company, matters falling within the duties and powers of the General Meeting of Shareholders prescribed in the company's charter and relevant laws PHAN TU THANH – IBL1002 18 VINASHIP JOINT STOCK COMPANY • Administrative Council The Board of Directors is the governing body of the company, consisting of members who have full authority to decide on behalf of Vinaship to decide on issues related to the company's purposes and interests, except for matters within the competence of the general meeting shareholders • Board of supervisors Consisting of members, on behalf of shareholders, they control all management and production activities company business The Supervisory Board is responsible before the General Meeting of Shareholders and the law for the work performed in accordance with the law powers and duties • Chief Executive Director Functions and duties: General administration The General Director is appointed by the Chairman of the Board of Directors duty and dismissal at the request of the Vietnam National Shipping Lines Corporation The General Director is the legal representative individuals and executive organizations in all activities of the company, responsible to the Chairman of the Board of Directors • Deputy General Manager Deputy general director in charge of business - shipping Functions and duties: To help the General Director manage and operate production, business exploitation, market research, coordination, capture the source of goods, develop business plans, propose to the General Director to sign combine freight transport contracts and plans to improve production organization in the company, monitor the operation of the fleet Deputy General Director in charge of technology – marterials Functions and duties: helping the General Director manage technical work, materials, repair, research work, scientific application of innovation, rationalize production and other related activities, progress Monitor the operation of the fleet, ensure the safe operation of the ship Deputy general director in charge of legal – safety Functions and duties: Help the General Director manage and operate the legal work, maritime safety of the ship, follow up on legal issues of the company PHAN TU THANH – IBL1002 19 VINASHIP JOINT STOCK COMPANY • Exploitation room As an advisory room to help the General Director manage and operate the fleet effectively, under the direct direction of the General Director, has the following duties and powers : - - - - • Organize business and exploit fleet, direct and urge the domestic and foreign agent system, in order to well implement the company's production plan Exploiting goods sources, advising and signing transport contracts, organizing contract performance Develop production plans, report on production and transport statistics, monthly, quarterly and annual revenue, orientation for business exploitation, investment and production development Comply with management requirements set forth by superiors Manage all operations of ships according to signed contracts Select the optimal and effective operating plan To be responsible to the General Director for the legality of signed contracts, business results, and ship operations Proposing a plan to release ships quickly, increase vehicle rotation to exploit the fleet to achieve business efficiency of the company Regularly evaluate and analyze the business performance of the fleet Coordinating with the finance and accounting department to closely monitor the collection of domestic and foreign freight as well as other expenses of the fleet Monitor communications with the fleet, including with electronic information centers on weather and meteorology to serve the fleet Develop monthly - quarterly - annual business plans To make statistics and reports on the results of the implementation of the plan according to the regulations of the State and the Corporation Financial Accounting Acting as a consulting room for the General Director on the management of economic activities, economic accounting, accounting for the whole company Management and control of payment procedures, accounting and proposing measures to help the company fulfill financial targets The Division has the following powers and duties: - Synthesize accounting data, results of production and business activities, use of finance, materials and capital, ensuring the right to be proactive in PHAN TU THANH – IBL1002 20 VINASHIP JOINT STOCK COMPANY business and autonomous in finance Analyze and evaluate financial activities in fleet operation, find out measures to achieve high economic efficiency - Implement periodical reporting regime as prescribed Well serve the inspection, examination and audit requirements of competent agencies - Ensure the recording of data, summarizing the situation and data related to the company's business and financial activities Provide necessary data to relevant professional departments - Reflect accurately, honestly, completely, timely, clearly and comprehensively all production and business activities of the company according to the principles of independent professional accounting - Disseminate and implement the financial regimes and policies of the State, guide professional training for employees related to accounting in branches and component enterprises - Request branch departments to provide data, documents and documents related to financial management, production and business activities of the company - Participate in the development of plans to improve management mechanisms and regulations in related fields At the same time, check the implementation of financial policies and regimes - Failure to pay when detecting errors, insufficient procedures, unclear documents, invalid erasure documents, refusal of expenditures that are not in accordance with the regime or orders of the General Director - Have the right to participate in and organize the inspection of the implementation of the financial accounting regime within the company's scope - Propose measures to adjust and promptly handle errors in business activities and financial management • Personel and crew office Acting as a professional department to advise the General Director on the organization of personnel, labor and wages in the mining business Manage the exploitation and use of the company's workforce in accordance with the law in accordance with the functions, duties and characteristics of the company The Department has the following duties: - Monitor the operation of the company's organizational structure, management and production and business according to the organizational mechanism and model, propose building, modifying, adjusting and PHAN TU THANH – IBL1002 21 VINASHIP JOINT STOCK COMPANY - - - - - - - supplementing the organizational model to suit the needs of customers requirements, tasks and characteristics of the company, in order to achieve efficiency in production and business Coordinate with the same number of related units to organize training, retraining, fostering to improve professional qualifications for officers, crewmen, officers and employees in the company to meet the requirements of the Company's requirements immediate and future needs Advise the General Director on the arrangement of labor for departments, branches, and fleets of the company in accordance with the nature of labor and the laws issued by the state Make a labor and salary plan in line with the annual production and business plan and financial plan Develop and amend regulations related to labor management, salary payment and other regimes for employees in accordance with the company's internal rules and regulations and in accordance with the provisions of the Labor Code Statistics of monthly, quarterly and annual salary labor Manage and use the wage fund, apply policies, effectively use the economic levers of wages to stimulate production Determination of labor levels, wellorganized labor safety, provision of labor protection Responsible for implementing and resolving professional requirements according to the functions and tasks, regulations according to state policies and company rules Carrying out the job of raising the rank and raising the annual salary for employees in the company, receiving documents, handling procedures for workers coming and going, passports for officers and crew members going abroad To have a plan to classify labor, effectively use labor, and well implement social insurance for employees Being a permanent member of the salary council, discipline council, labor council In charge of internal political protection for the company To be allowed to sign copies of professional records and manuals within the company To be authorized by the General Director to sign orders to mobilize officers, employees of departments and crew members to board and disembark the company's ships Sign and approve documents for salary payment, social insurance, and leave certificates for employees PHAN TU THANH – IBL1002 22 VINASHIP JOINT STOCK COMPANY Acting as a consulting room for the General Director on the management of economic activities, economic accounting, accounting for the whole company Management and control of payment procedures, accounting and proposing measures for the company to fulfill its financial targets • General Administrative office As a professional department to advise and assist the General Director with administrative tasks such as: Management of archives, planning to purchase stationery equipment Manage and plan the remodeling and maintenance of the head office and branches, interior equipment, office equipment, and communication equipment - Liaise with local authorities to facilitate the company's production and business activities • Technical office - As a professional department to assist the General Director in technical management of fuel and material norms of the fleet Under the direct direction of the Deputy Technical Director, the management and control of the implementation of technical standards, processes and regulations, preservation, maintenance and repair in service of transportation business operation achieve the highest standards effective Has the following main duties and powers : - - - - Advise the General Director in finding and selecting partners to sign economic contracts related to science and technology Technical management, repair plan for each subject Shell - Engine Electrical - Marine equipment, communication, additional equipment, adjustment of technical norms, norms, repair norms , preservation and maintenance of spare parts, fuel, and repair of marine equipment Develop and adjust internal rules and regulations on duties, responsibilities and standards of management and use of machinery and equipment on board ships At the same time, check - urge - have timely instructions to correct errors in the implementation process Manage the quality and technical features of the equipment and machinery on the ship Monitor and guide the activities of exploitation, use, preservation and maintenance of equipment and machinery on board in accordance with procedures and regulations Guide and direct the fire prevention and fighting for the company's equipment and vehicles PHAN TU THANH – IBL1002 2 23 VINASHIP JOINT STOCK COMPANY Make annual repair plan at the request of the Register, manage and supervise the ship repair process, ensure the quality of equipment, spare parts, materials, progress and costs - Monitor fuel norms, spare parts and supplies regularly adjust the norms in accordance with actual use - Provide the number of categories and symbols The manufacturing country of necessary supplies and spare parts that are not domestically allowed for the Department of Materials to order abroad when required by the production and approved by the General Director - Researching, receiving and disseminating scientific and technical advances in the year of production to ship units and departments, supporting units in science and technology, gathering and monitoring initiatives and improvements in management and technical use As a permanent member of the Science and Technology Council, the company's inventions and innovations - Proposing the replacement of equipment, spare parts, materials, technological processes in line with scientific and technical progress - Participating in training programs to improve technical staff qualifications mechanical engineer, train driver, technical exploitation manager, participate in innovative assessment, scientific research, organize rank and upgrade exams • Office supplies - Acting as a consulting room for the General Director on the management and distribution of fuel and materials of the whole company Under the direct direction of the Deputy Technical Director, the Materials Department has the following powers and duties: - - - Direct and directly develop internal rules and regulations on management of raw materials, fuel and related economic and technical norms and submit them to the General Director for approval to apply in practice of the company Find markets, choose partners to advise the General Director to sign economic contracts in the field of buying and selling materials and fuel to ensure legality and benefit the company Understand the demand for managing materials and spare parts according to economic technical norms Make a plan to check, supply, and use fuel, materials and spare parts to ensure reasonable savings according to production requirements PHAN TU THANH – IBL1002 24 VINASHIP JOINT STOCK COMPANY - - Deployment of purchase and sale and supply of materials and spare parts for the fleet Formulate and adjust internal rules and regulations on duties, responsibilities, powers and standards for management and use of machinery and equipment on board ships Manage the quality, technical features of equipment and machinery on board Monitor and guide the exploitation, use, preservation and maintenance of equipment and machinery in accordance with the process, technical standards and regulations CHAPTER SELF-REFLECTION 3.1 Outcomes According to the Vietnam Logistics Service Enterprise Association, the logistics industry in Vietnam will show many good signals of development by 2022, but there will still be challenges and potential hazards As a result, traffic congestion, container shortages, a lack of space, and the "escalating" price of sea transport, as well as the explosive expansion of air transport, will be progressively resolved, and the means will be improved When the COVID-19 epidemic is finally under control in 2022, the mode of transportation will revert to its original value Logistics is a key service industry in the overall structure of the national economy, supporting, connecting, and fostering socio-economic growth throughout the country as well as in each area, and thereby adding to the economy's competitiveness Vietnam is regarded as a promising and appealing market for the growth of the logistics services industry Through the last internship, I myself am a student who has been trained in International Business and Logistics for three years and through the last internship, I myself have realized many things To have a practical visit at Chua Ve port, Hai Minh warehouse and especially to have experienced staff from VINASHIP pass on their experiences and exchange PHAN TU THANH – IBL1002 25 VINASHIP JOINT STOCK COMPANY useful things for their future dream job helped me to be less confused and more stable on the way to the logistics industry Specifically, in addition to the basic knowledge in books, complicated things like processes to basic things like requirements and functions of each position in the company helped me to make study plans More specifically, helping me realize that to work and stay in the logistics industry requires more than just book knowledge I feel that I need to have more soft skills such as communicating naturally like the way VINASHIP staff came and conveyed useful information to me In addition, you need to master the safety knowledge when entering and leaving warehouses and ports Along with that is mastering the processes, how the apparatus works to be able to stand firmly in this transportation industry To that, in addition to having a specific study plan, I feel that I need to equip myself with soft skills such as presentation, communication and especially foreign language ability In addition, I look forward to experiencing more in the field of warehouses and ports and also look forward to the opportunity to practice at a transport company so that I can interact with reality as honestly as possible PHAN TU THANH – IBL1002 26 VINASHIP JOINT STOCK COMPANY 3.2 Comments Through this internship, I realized that Logistics is a broad concept that I think I have understood well in the past years when I was trained at Vietnam Maritime University Logistics is all around us, weaving into each industry and location, making our lives easy and efficient Personally, I feel that VINASHIP in particular and warehouses in general in this internship have brought me tangible and intangible benefits Invisible is valuable knowledge that is difficult to know only in class, tangible is this report - which converges a lot of knowledge, definitions, data and even requirements for each position in the industry a logistics company today needs Therefore, from this report, I will take advantage of the acquired knowledge to develop myself in the future profession My wish is to be dedicated to this transportation industry and even to develop it, making it an essential profession in our lives In order to that, I personally feel that in addition to participating in the internships organized by the school, I should learn more about related things even if not asked by the teacher I personally feel that an internship is an indispensable thing for students majoring in Logistics Therefore, I feel that I need to learn and learn more about this internship PHAN TU THANH – IBL1002 27 VINASHIP JOINT STOCK COMPANY CONCLUSION VINASHIP is regarded as one of the most important ships in the transportation industry of our country The company has contributed to the economic development of our country over a lengthy period of time Since its inception, the company has developed into a wide range of sectors and services Furthermore, it is always innovating in terms of quantity, quality, and development operations in order to aid the company's further growth I am thrilled to be one of the fortunate students who will have the opportunity to learn more about the shipping industry in general, as well as each component of the company's machinery in particular I learned more about the company's operations as well as the import-export procedure through this internship This internship has given me a better understanding of the company's operations as well as the import-export process, which I recently studied at university This report will present the lessons learned, witnessed, and experienced by me As a result, I am grateful for the attention and assistance of VINASHIP Company staff as well as teachers who assisted me greatly in completing my first internship PHAN TU THANH – IBL1002 28 VINASHIP JOINT STOCK COMPANY REFERENCE 2022 VINASHIP JOINT STOCK COMPANY [online] Available at: [Accessed 25 May 2022] Nam Khanh., 2022 Hơn 1.900 tỷ đồng tu bảo trì luồng hàng hải năm 2022 [online] Báo giao thông Available at: [Accessed 25 May 2022] Dũng, V., 2022 Một doanh nghiệp cảng biển báo lãi quý 1/2022 cao gấp 12 lần kỳ [online] cohoidautu.vn Available at: [Accessed 25 May 2022] VietstockFinance 2022 VNA: CTCP Vận tải Biển Vinaship - VINASHIP Hồ sơ doanh nghiệp | VietstockFinance [online] Available at: [Accessed 25 May 2022] Linh, C., 2022 Công ty cổ phần Vận tải biển Vinaship: Thực tốt công tác an toàn lao động tàu yếu tố tiên đảm bảo hiệu hoạt động Cơng ty - Cơng đồn Tổng cơng ty Hàng hải Việt Nam [online] Cdhanghaivn.org.vn Available at: [Accessed 25 May 2022] PHAN TU THANH – IBL1002 ... THANH – IBL1002 12 13 17 19 VINASHIP JOINT STOCK COMPANY CHAPTER INTRODUCTION OF VINASHIP JOINT STOCK COMPANY 1.1 Overview VIETNAM CONTAINER JOINT STOCK COMPANY (VINASHIP) is one of the leading... THANH – IBL1002 VINASHIP JOINT STOCK COMPANY LIST OF TABLES Table 1: Table 2: Business lines of VINASHIP Revenue report of VNA 14 16 PHAN TU THANH – IBL1002 VINASHIP JOINT STOCK COMPANY LIST OF... May 2022 VINASHIP JOINT STOCK COMPANY AUTHOR’S DECLARATION I, the undersigned Phan Tu Thanh thereby declare that I am the sole author of this report, VINASHIP JOINT STOCK COMPANY This report contains