Ho Chi Minh City: Vietnam Container Shipping Joint Stock Company (VSC)  has announced that it will buy 37 percent stake of Danalogs Company. VSC is paying VND11,000 per share, and plans to build a warehouse to put in use in the first quarter of 2014, as well as buying five new trucks to support it.

In the first six months, VSC recorded a pre-tax profit of VND126.9 billion on revenues of VND363.5 billion. The company is a subsidiary of Vietnam Container Shipping Corporation and is involved in the operations of ports, container terminals and warehouses.