A New Era for Vinafco: Introducing the Company’s New Managing Director, Effective July 1st

On July 1, Vinafco Joint Stock Company appointed Mr. Bui Minh Hung as its new CEO, marking a new chapter in the company's journey towards success and growth.

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Mr. Bui Minh Hung holds a Bachelor of Science in Marine Transport Economics from Vietnam Maritime University and a Bachelor of Arts in English from Hanoi University of Foreign Language Education.

From April 2009 to August 2021, Mr. Bui Minh Hung held various positions at MSC Vietnam in Cai Lan Port, including deputy room, head of room, deputy director, and director.

From September 2021 to February 2023, Mr. Bui Minh Hung was appointed as the CEO of Vietnam Container Transport Joint Stock Company (Viconship). Since March 2023, Mr. Hung has been the Chairman of the company.

With 24 years of experience in the maritime industry, Mr. Hung has provided effective and creative solutions to promote trade in the maritime field.

Mr. Hung’s appointment as CEO reflects the trust of the Board of Directors of Vinafco Joint Stock Company in realizing its goal of becoming one of the top five enterprises in providing integrated logistics services and supply chain solutions in the market.

In the context of Vietnam’s logistics market is growing strongly, the new Vinafco General Director, Bui Minh Hung, has outlined a medium and long-term strategy to orient the company to become one of the leading groups in providing logistics services and supply chain solutions in the region.

This strategy aims not only to strengthen Vinafco’s competitive position but also towards sustainable development and innovation.

To implement this strategy, Director Bui Minh Hung has set out the following five main tasks for the coming time:

Enhancing Transport and Warehousing Capabilities

In his strategy, Mr. Bui Minh Hung considers expanding and improving transport and warehousing capabilities as a core element for the company’s development.

Vinafco will invest in upgrading its container fleet, transport vehicles, developing modern distribution centers, and expanding its warehouse network.

This will not only improve operational efficiency but also better meet the increasing demands of customers, especially in anticipation of the recovery of the global economy and the maritime transport industry.

Application of Technology and Innovation

Following the general trend, Vinafco will continue to strengthen the application of technology in its business activities.

Under the leadership of Director Bui Minh Hung, the company will focus on implementing advanced technology solutions such as a smart warehouse management system (WMS) and a transport management system (TMS) integrated with IoT technologies to optimize operations.

Particularly, Vinafco will also invest in researching and developing artificial intelligence (AI) and blockchain applications to enhance transparency and efficiency in the supply chain.

These technology solutions will help Vinafco save costs, improve operational efficiency, and enhance information security in a world full of unpredictable changes.

Developing High-Quality Human Resources

Developing human resources is one of the internal strengths of every enterprise.

At Vinafco, Mr. Bui Minh Hung emphasizes investing in the development of employees, from professional skills to deep management capabilities in domestic and international logistics.

Vinafco will establish training programs, collaborate with universities and research institutes, and create a creative and friendly working environment to develop a stable, high-quality workforce for its business operations.

Expanding Markets and Strategic Partnerships

According to Director Bui Minh Hung, Vinafco will continue to expand its markets and seek strategic partners while consolidating its position in existing markets.

The company will establish partnerships with international logistics enterprises and large corporations in various industries.

Vinafco expects this to not only expand the scale of its operations but also enhance its competitiveness in the domestic and international markets.

Sustainable Development

Sustainable development is one of the important goals in Vinafco’s strategy.

Mr. Bui Minh Hung affirms that the company will apply Environmental, Social, and Governance (ESG) standards and specific measures to minimize environmental impacts in its operations.

Accordingly, Vinafco will focus on using environmentally friendly means of transport, optimizing activities and operations to reduce carbon emissions, and participating in social programs and projects.

With the leadership of Director Bui Minh Hung and ambitious and detailed medium and long-term activities, Vinafco hopes to enter a new phase of proactive and sustainable development, towards its goal of becoming one of the leading groups in providing logistics services, solutions, and supply chain in the region.

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