Update news vietnam seaports
Tan Cang - Cat Lai Port in HCM City’s newly created Thu Duc City will temporarily stop accepting imports by businesses that have suspended production so that it can clear a huge backlog of containers that have piled up.
While the EU-Vietnam Free Trade Agreement is expected to bring about huge bonanzas, Vietnamese maritime transport service giants are facing an uphill battle to satisfy strict rules while seeking supporting policies from the government.
Container loading and unloading service charges should be increased to approach the regional level so investors would not feel hesitant when pouring money into developing seaports.
Poor infrastructure conditions and weak connections between ports and manufacturing facilities are the biggest hurdles to seaport development.