Many international shipping companies have announced they will stop sending big bulk carriers to the Cai Mep Deep Water Port in southern Ba Ria-Vung Tau Province due falling container volumes since the beginning of this year. Just last year they were eager to enter the port, which had then lacked wharves capable of handling them, [...]
The 14-year delayed Thi Vai international port project looks to have entered smoother waters. The project has just received a new investment certificate to allow the joint venture between Vung Tau Shipping and Service Company, Vietnam Steel Corporation and Japan’s Kyoei Steel Company to build and operate the 46 hectare port till 2029. Under the [...]
Prime Minister Nguyen Tan Dung has ordered relevant ministries and agencies to focus on developing three deep-water seaports in Hai Phong City and Ba Ria-Vung Tau Province within the next five years. The seaports, which are located in Lach Huyen in the northern city of Hai Phong, Cai Mep and Ben Dinh in the southern [...]
A number of seaports in Ho Chi Minh City’s outskirts are underperforming, causing a huge waste of infrastructure and undermining the city’s competitive advantage. In light of the state’s commitment to removing seaports from the inner city to the outskirts, new seaports were built in the suburbs but actual goods handling volumes at these ports [...]
Despite efforts and a specific financial support mechanism applied by the government to speed up the port relocation, the process has not made any considerable progress due to problems in land allocation and transportation system building. Problems everywhere – from infrastructure to mechanism Under the Decision No 46 of the Prime Minister, five ports in [...]
Several ports in Ho Chi Minh City have increased tariffs by 10 to 15 percent. The new rate for container transport is US$9-10 per ton while warehouse rent costs VND3000 per ton for the first 16 days and VND12000 after that. The cost of loading frozen seafood into a 20-feet container for export has risen [...]
Subscribe via Email 
Subscribe in a Reader 
Follow us on Twitter 
Connect on Facebook
China Business News