Cam Ranh Port: Innovation to increase output and revenue

In 2024, thanks to promoting market activities and developing logistics chain services for customers, Cam Ranh Port Joint Stock Company's output and revenue exceeded the set target. In the coming time, the company will continue to expand and develop chain services to increase revenue and profit.

Promoting the advantages of seaport infrastructure

According to the report of Cam Ranh Port Joint Stock Company, in 2024, the company's leadership, staff, and workers have made efforts to overcome difficulties, synchronously and effectively implementing solutions, helping the company achieve and exceed the set plan. Specifically, the cargo output through Cam Ranh Port in 2024 reached more than 2.4 million tons (up 109% compared to 2023), revenue reached more than 171 billion VND (up 124%), pre-tax profit reached more than 20 billion VND (up 115%)...

Cargo ships arriving at Cam Ranh Port.

According to the 2024 plan, the company's cargo output structure was mainly traditional export items such as: Wood chips and exported stone. In addition, the increased output compared to the plan of some other items such as imported frozen fish, cement, white sand, concrete structures, etc. also contributed to the overall growth of the company. The company's revenue increased by 11 billion VND compared to the yearly plan. This was achieved thanks to the company's promotion of logistics services, the warehouse occupancy rate increased to 93%, thereby increasing revenue from loading and unloading at the warehouse and other services. In addition, the company expanded its commercial sector, becoming the exclusive distributor of AP Saigon Petro lubricant brand in Khanh Hoa. Revenue from trading in lubricants, greases, and greases of all kinds also contributed to the company's overall revenue growth. Trinh Thanh Tung - Deputy General Director of Cam Ranh Port Joint Stock Company said that in addition to promoting customer care and expanding the market, the company continues to improve processes, increase productivity and quality of loading and unloading, optimize working time in each production shift, and ensure fast ship clearance. The company also makes the most of the warehouse system to meet customers' cargo consolidation needs; and improve the capacity to provide transportation services and strongly develop the logistics chain. In business administration, the company encouraged innovation in each production and business activity. During the year, from the application of 66 initiatives of staff and workers, financial efficiency and labor safety increased significantly, contributing to improving work efficiency.

Searching for new customers

In 2025, the company aims for sustainable growth, linked to the efficiency of production and business activities. Accordingly, the company aims to achieve 2.6 million tons of goods through the port (up 7.5%), revenue of 188 billion VND (up 9.9%), profit of 22.5 billion VND (up 12.5%). To achieve the set goals, the company continues to improve service quality, reduce costs to retain customers and attract new customers. In particular, the company focuses on arranging reasonable wharfs to minimize waiting time for ships; continue to improve the loading and unloading technology process and apply measures to increase cargo handling productivity at the port to quickly release ships; continue to improve and professionalize connection channels, interact with customers through a multi-channel approach model to help customers perform quickly, promptly, conveniently, and interact anytime, anywhere.

According to Nguyen Van Thang - General Director of Cam Ranh Port Joint Stock Company, in the coming time, the company will expand logistics services; continue to invest, upgrade and improve cargo handling tools and equipment; build infrastructure and warehouse systems to meet maximum customer needs; promote digitalization of operating processes, apply AI and Big Data technology in port management and operation; develop an electronic port system (e-Port) to help customers transact quickly and conveniently. In addition, the company will continue to improve the quality of the initiative and innovation movement, immediately deploy practical and highly applicable initiatives to optimize production and business activities. The company also continues to strengthen exchanges and experiences with member enterprises in the Vinalines system, learn effective models in market development and customer care, thereby improving competitiveness and expanding cooperation opportunities.

VAN KY

Translated by T.T