1995: Decision No. 250 / TTg of the Prime Minister established Vietnam National Shipping Lines (Vinalines), a state-owned enterprise that plays a key role in Vietnam’s maritime industry. Including 24 member enterprises, a fleet of 49 ships with a total tonnage of 400,000 DWT, average age of 21.5 years, seaport system with 6,900 m of berths, state capital of nearly 1,500 billion VND.