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Dropping anchor in a growing market: global trade volumes have decreased by 20-30 per cent in the context of the global economic crisis, which directly affected shipping service agencies in the world. General director of "K"Line (Vietnam) Ltd., Hiroshi Kono, told VIR's Hieu Anh about the company's efforts to get over the challenges and tap into Vietnamese market chances.

Publication: Vietnam Investment Review
Publication Date: 21-SEP-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Dropping anchor in a growing market: global trade volumes have decreased by 20-30 per cent in the context of the global economic crisis, which directly affected shipping service agencies in the world. General director of "K"Line (Vietnam) Ltd., Hiroshi Kono, told VIR's Hieu Anh about the company's efforts to get over the challenges and tap into Vietnamese market chances.(EXECUTIVE TALK)(Industry overview)(Interview)

Article Excerpt
"K"Line (Vietnam) Ltd.'s core business is containership services. How about the company's car carrier services which are considered promising in Vietnam with the number of car imports increasing?

"K"Line (Vietnam) is a shipping agency of the Kawasaki Kisen Kaisha Ltd. ("K" Line), which has its core business in containership services. "K"Line Vietnam is handling "K"Line Group's container transportation in Vietnam. Our revenues, to some proportion, come from "K"Line Group's freight commission.

Almost all our company's revenue is from container services. Car carrier services is just at the beginning stage and it accounts for a small business in Vietnam...

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