seaports

Update news seaports

Drastic measures taken for prevention of coronavirus

Nine people have been taken into quarantine and put under observation in Da Nang after being detected with a slight fever. The nine were among a total of 8,300 tested at the international airport and seaports. 

Fierce competition forecast between ports

Competition between seaports is set to increase in 2020 when more ports open.

HCM City to build 8 logistic centres

HCM City should draft a master plan to develop its logistics sector, Pham Thanh Kien, director of its Department of Trade and Industry, said.

 

HCM City to collect infrastructure fees at seaports

The Customs Bureau of HCM City has proposed that city authorities collect infrastructure fees at seaports to increase revenue for the city.

VN Association of Financial Investors proposes state divestments to build deepwater ports

The Vietnam Association of Financial Investors (VAFI) has requested the PM and relevant authorities' approval to build deepwater ports from the proceeds of divesting state ownership in large corporations like Vinamilk, Sabeco, and FPT.

 

Sand clogs seaports, causes trouble for fishermen

Sand has been clogging many seaports in the central province of QuảngBình, posing difficulties for thousands of local fishermen.

Southern ports need management revamp: official

Concerted efforts are needed to improve the operational efficiency of the No 5 seaport system, particularly the Cai Mep–Thi Vai Port in the southern province of Ba Ria-Vung Tau, to make it a regional entrepot in the future,

Some seaports overloaded, others left idle

VietNamNet Bridge - Seaports in Vietnam have not been exploited in a reasonable way: some of them are overloaded, while many others have been unused.

Commercial banks take an interest in seaports

VietNamNet Bridge - Why do many banks hold membership on seaport management boards? 

Transport system needs $50b over next five years

 VietNamNet Bridge – Viet Nam needs more than VND1,000 trillion (US$50 billion) to develop transport infrastructure by 2020,

Ca Mau seaports flooded in waste

 VietNamNet Bridge – Pollution in seaports in the southern-most province of Ca Mau had exceeded the regulated levels by five times and affecting local people's health,

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.

Transport Ministry to crackdown on cargo weight violations at ports

VietNamNet Bridge – The Ministry of Transport has said it would enforce stricter measures to stop overweight cargo shipments, such as temporarily shutting ports and firing directors who violated the MOT's weight regulations.

Vinalines to use proceeds from subsidiaries’ IPOs to restructure debt

 VietNamNet Bridge - The government has allowed the Vietnam Shipping Lines Corporation (Vinalines) to use proceeds from the IPO (initial public offering) of its subsidiaries to restructure debt.

Restructuring efforts see results

 VietNamNet Bridge – Efficient enforcement and financial administration are key in successful restructuring of public investment projects, Truong Van Vo, a NA deputy, tells Thoi bao Kinh te Viet Nam (Viet Nam Economic Times).

Vinalines faces uphill task to repay its debts

VietNamNet Bridge – Vietnam National Shipping Lines (Vinalines) is faced with the task of repaying VND11 trillion, or US$523.8 million, to 24 credit institutions, nearly half of whom are foreign agencies. 

BUSINESS IN BRIEF 23/12

 Transport contractors courted; Marlboro case could be stubbed out; SCIC to retain key stakes in some prominent firms; IMF: Deferred economic reform erodes confidence; Vietnam’s auto industry opportunities may slip away: Toyota

Ba Ria-Vung Tau to have four more seaports active this year

Ba Ria-Vung Tau Province’s Department of Transport has said four more seaport projects, namely Vung Tau Petro, Cai Mep-Thi Vai International, SSIT and the first phase of Gemalink, will be operational this year.