Vung Tau Sea Entry has been planned as an international sea gateway in the southern region of Vietnam and also a centre of maritime lines of Vietna With the Thi Vai River over 21 km long, the province has great potential for ship operation. Moreover, Vung Tau Sea Entry has been planned as an international [...]
Experts have called for the development of the country’s logistics and maritime services to make the economy more competitive and boost global integration. Arranging transport of goods, organising supply chains and the flow of business information to enable the manufacture, assembly and distribution of goods were poor in Viet Nam, stake-holders admitted at a recent [...]
Experts have called for the development of the country’s logistics and maritime services to make the economy more competitive and boost global integration. Arranging transport of goods, organising supply chains and the flow of business information to enable the manufacture, assembly and distribution of goods were poor in Viet Nam, stake-holders admitted at a recent [...]
Vietnam does not have much more time to improve their logistics services in order to prepare for the stiff competition that will occur when Vietnam has to open the logistics market to foreign companies. Vietnam now has 49 ports and 217 wharfs. However, many of them still cannot meet international standards, while Vietnam still lacks [...]
Foreign shipping firms are imposing surcharges to cover container security, workers’ strikes, and container imbalance on exporters and importers. Instead of simplifying procedures to cut fees, they have tended to slap more and bigger fees and surcharges. Huong, who works for the import-export department at a HCM City-based garment firm, told Tuoi Tre newspaper that [...]
For developing countries, revenue from logistics services account for about 15 to 20 percent of GDP. For less developed countries, this rate could be over 30 percent. It is currently 25 percent for Vietnam. This is a huge source of revenue and an opportunity for Vietnamese businesses. However, at present, 70 percent of this revenue [...]
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