NYK Line (Vietnam) become a wholly owned subsidiary of NYK
NYK Line (Vietnam) Co. Ltd has become a wholly owned subsidiary of NYK after it purchased the remaining 49 per cent equity interest in the company held by the VOSA Group of Companies with the approval of the government in Vietnam.
Nine years ago, NYK Line (Vietnam) Co. Ltd was established as a joint-venture maritime transport agency between NYK and the VOSA Group of Companies with its head office located in Ho Chi Minh City.
The NYK Group carries 300,000 TEU to and from Vietnam annually, connecting the country to the world through 12 direct liner services. NYK also serves the country with bulk shipping services, transporting a wide range of cargo, such as coal, wood chips, and industrial plant facilities.