Hai Phong Port

Update news Hai Phong Port

As China stops solid waste imports, Vietnam fears it could become new dumping ground

China has vowed to stop importing solid waste by 2020, while Vietnam is still fumbling for solutions to control scrap imports.

Vietnam loses $2.4 billion as deep-water port has insufficient infrastructure

VietNamNet Bridge - Vietnam spent big money to build a deep-water port but did not build infrastructure for ships to go in and out of the port.

Hundreds of containers of waste abandoned at Saigon ports

VietNamNet Bridge - Hundreds of unowned import containers of waste banned by Vietnam have been left at HCMC ports, causing problems for port authorities. 

Illegal waste imports reach alarming level

VietNamNet Bridge - Mismanagement and legal loopholes have both lent a hand to enterprises to illegally import prohibited waste.

Why have Japanese chosen Hai Phong Port?

VietNamNet Bridge - Japanese enterprises have been step by step closing their factories in the south of China and moving to Vietnam.

CBRE: Hai Phong to become international gateway

 Possessing major advantages and potential, Hai Phong is expected to become a gateway connecting Vietnam with the world, according to CBRE’s Vietnam Special Report released recently.

As shipping fees fall, companies still complain about charges

VietNamNet Bridge - Port service fees have been decreasing in recent months, but import/export companies complain they have to pay too many kinds of charges and surcharges.

Economists question viability of port authority model

VietNamNet Bridge - While the Ministry of Transport (MOT) claims the port authority model should be applied to all ports in Vietnam, economists have reconsidered the idea.

Decree 60 opens businesses’ doors but barriers still exist

Foreign investment funds said that the Decree No 60 on lifting the foreign ownership ratio ceiling will mostly affect listed companies. As for the other companies, the room for foreign investors remains unclear.

Hai Phong officials suspended over overloaded vessel

 VietNamNet Bridge – The Viet Nam Inland Waterway Administration (VIWA) has suspended officials of Hai Phong Maritime Administration for 15 days, following a report about an overloaded vessel in Hai Phong Port.

Oman, Vietnamese investors in race for Hai Phong Port

Investors have geared up in the race for the right to take over Hai Phong Port, an important port in northern Vietnam.

5,450 containers of garbage piled up at seaports

VietNamNet Bridge – Many seaports in Vietnam are being compared with the world’s “dumping grounds” where thousands of containers of imported wasted materials have piled up.

Why does an Oman investor want to buy Hai Phong Port?

VietNamNet Bridge – Analysts believe that there are many ways to develop Hai Phong Port and make big profits off it.

Investors resume interest in VN seaports

 VietNamNet Bridge - Investors are showing their interest again in seaports, as shown by purchase of shares at recent IPO of Nghe Tinh Port.

Vinalines clears debts with share swap

 VietNamNet Bridge – The State Bank of Viet Nam has agreed to transfer some of the debt owed to Vietinbank by the Viet Nam National Shipping Lines (Vinalines) into shares of member ports.

Foreign investors eye Vietnam’s seaports

VietNamNet Bridge – Foreign investors have shown more interest in seaports following a decision by the in Prime Minister to reduce the state’s stake in the ports.

Cargo piles up at Hai Phong Port

 The volume of cargo piling up at Hai Phong Port has soared in recent months, following the Ministry of Transport's efforts to regulate truck-loading procedures, as of April 1.

Goods backed up at Hai Phong port as new regulation takes effect

 VietNamNet Bridge – Cargo traffic at the Hai Phong port complex, the biggest port in the north, has been seriously congested since the day a regulation on verifying vehicles’ loading capacity took effect on April 1.

Hai Phong port: container handling fee in a mess

Hundreds of millions of dollars have been flowing back into the pockets of foreign ship owners since the port operators in the Hai Phong City area have been scrambling for clients by dramatically reducing container handling fees.

BUSINESS IN BRIEF 22/5

 Dinh Vu closes on deep sea access; Nam Van Phong refinery still in infancy, six years on; Haiphong Port IPO offers poor return; Central bank spends big on core banking; NA deputies question efficiency of bauxite projects