For the implementation of the General Meeting of Shareholders Resolution No.01/VP-NQ-ĐHĐCĐ dated on June 06, 2006 on increasing the Company’s Registered Capital from VND 351 bil. To VND 550 bil. Via issuing new shares, the Board of Directors meeting which held on November 21, 2006 has decided to issue new shares in 2 stages. 7.020.000 shares of 1^st stage will be issued to current shareholders on the pro rata of 10 : 2 with the price equal to face value (VND 10.000 per share) in January 2007. Remains will be issued on 2^nd stage estimated on 2^nd quarter of 2007. The purpose of issuing new shares is to invest in fleet and sea port development.