Risk Control in Vietnam Maritime Corporation

Risk Control Risk Measurement Logistics Sector Cargo Handling

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January 31, 2025

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In the trend of integration, interdependence is becoming increasingly profound. The time of "watching your neighbor's house burn while staying calm" is over. A truly globalized world market will involve the free movement of goods, people, capital, and also risks, including financial risks. With increasing integration, threats are continuously disguised and expanded across various fields. As human civilization progresses and human activities become more complex and diverse, threats to humanity also grow more varied. Every day, new and previously unseen forms of danger emerge. Studying risks and identifying them will help us manage risks more effectively. The aim of this paper is to propose solutions for financial risk control in Vietnam Maritime Corporation. As a result, the paper suggests methods to control risk based on (1) Verifying customer information, (2) Post-sale activities, (3) Credit insurance, and (4) Managing overdue debts.