- On June 30, 1976, the General Department of Land Transport in the South issued Decision No. 707/QDTC to establish a Salvage Company under the Southern Seaway Sub-Department to salvage American puppet vessels and vessels sunk during the war on water transport routes. Exploration and marking of danger signals to let ships know where there are shipwrecks, clearance of channels, and obstacles in the harbor.
- On March 15, 1980, according to Decision No. 516/QD.TC, the Salvage Company became a Salvage Company under the General Department of Seaway of the whole country.
- On September 10, 1982, the Government issued Decision No. 156/HDBT to establish the Salvage and Rescue Center under the Ministry of Transport with the task of organizing search and rescue and rescuing ships and vehicles in distress; Exploring and exploiting resources on the seabed, salvaging sunken vehicles, clearing canals, building works for repair, combined with XNLH Salvage and rescue under the Vietnam Maritime Administration with the task of organizing rescue of ships in distress at sea, salvaging shipwrecks and recovering, preserving and protecting assets contained in sunken ships in the waters of the Socialist Republic of Vietnam, clearing obstacles on coastal channels.
- On March 23, 2006, the Ministry of Transport issued decision No. 721/QD-BGTVT to change the name of XNLH Salvage and Rescue to Vietnam Salvage and Salvage Company under the Vietnam Maritime Administration.
- On June 25, 2010, the Ministry of Transport issued decision No. 1771/QD-BGTVT to convert Vietnam Salvage and Rescue Company into Vietnam Salvage and Rescue Company Limited with the Ministry of Transport as the owner.
- On November 24, 2011, the Ministry of Transport issued Decision No. 2399/QD-BGTVT to transfer the company to become a member unit of the Southern Maritime Safety Corporation.
- Implementing the Party and Government's policy on restructuring the economy, on May 26, 2014, the Ministry of Transport issued decision No. 1954/QD-BGTVT on the equitization of Vietnam Salvage Company Limited.
- On October 13, 2014, the Ministry of Transport issued Decision No. 3875/QD-BGTVT approving the enterprise value as of March 31, 2014 of Vietnam Salvage Company Limited with the actual value of the state capital being 83,016,115,347 VND. On October 27, 2014, the Ministry of Transport issued Decision No. 4067/QD-BGTVT adjusting the Company's enterprise value as of March 31, 2014: 82,874,868,014 VND.
- On November 14, 2014, the Ministry of Transport issued Decision No. 4330/QD-BGTVT approving the plan to diversify and convert Vietnam Salvage Company Limited under the Southern Maritime Safety Assurance Company into a joint stock company.
- Implementing the approved equitization plan, the company held its first auction on December 29, 2014 at the Ho Chi Minh City Stock Exchange.
- On March 6, 2015, Vietnam Salvage Joint Stock Company (Visai) officially came into operation as a Joint Stock Company according to Business Registration Certificate No. 0300430099 dated March 6, 2015, registered for the 4th change issued by the Department of Planning and Investment of Ho Chi Minh City with a charter capital of 83,100,000,000 VND.
- On December 9, 2015, the Ministry of Transport issued Decision No. 4352/QD-BGTVT, finalizing equitization proceeds, finalizing equitization costs, and re-determining the value of the State capital at the time of official transformation into a Joint Stock Company of Vietnam Salvage Joint Stock Company under the Southern Maritime Safety Corporation, which is 4,071,900 shares.
- On June 28, 2016, the Company was approved by the State Securities Commission to become a public company.
- On September 19, 2016, the Company was granted securities registration certificate No. 103/2016/GCNCP-VSD by the Vietnam Stock Exchange, with the number of registered securities being 8,310,000 shares.
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Service activities that directly support waterway transport. Details: Business in salvage of ships, goods, underwater engineering. Search and rescue at sea. Towing the ship. Towing and supporting ships and floating vehicles in seaport waters and long distances. Rescue and rescue at sea. Marine services. Ship and Barge operations.
Address: No. 360 Hai Ba Trung Street, Tan Dinh Ward, District 1, Ho Chi Minh City
Phone: (84-028)38294023 Fax: (84-028)38294025
Disclosure Officer: Mr. Bui Duc Cuong - Secretary of the Board of Directors
Email: [email protected]
Website: http://www.visal.com.vn/