A Study on Strengthening Competitiveness of a State-owned Shipping Enterprise – A Case of Vinalines Corporation in Vietnam -

Abstract

: Theoverallpurposeofthispaperistoconductresearchonalternativesforstrengtheningthecompetitivenessofastate-run shippingcompany,VinalinesCorporation,thelargestshippingandmaritimeenterpriseinVietnam.Thefirstsectionoftheintroduction givesapanoramicoverviewofthecurrentdevelopmentsituationoftheVietnammaritimeindustryandVinalines.Aftersummarizinga literaturereviewinsection2,somealternativesareproposedinsections3and4toovercomethecurrentdifficultiesofVinalinesandto improve the corporation’scompetitivenessfor sustainable developmentbyutilizing linear optimizationand financial analysis.The final sectionpresentsasummaryandrecommendationforfuturestudy.Itisconcludedthatprivatizationisthekeysolutionforeveryproblem facedbythecorporationatpresent.Furthermore,modificationoflaws,restructuringofenterprisegovernance,financialsituation,andfleet arealsoextremelynecessary.