From January to June, Viet Nam recorded 9.1 million TEUs in container throughput, up 3 per cent compared to the same period last year. — Photo cafef.vn

According to the data from Hong Kong Maritime and Port Board, in the first half of 2019, Hong Kong saw a container throughput of 9.06 million twenty-foot equivalent units (TEUs), a year-on-year decrease of 8.1 per cent.

Data from the Vietnam Maritime Administration showed that from January to June, Viet Nam recorded 9.1 million TEUs in container throughput, up 3 per cent compared to the same period last year.

In the first four months of 2019, the total value of Viet Nam’s goods exports rose 6.5 per cent year-on-year, according to the General Department of Vietnam Customs.

Viet Nam’s role as a “transfer terminal” contributed largely to the country’s strong export growth, Shen Jianguang, JD Digits’ chief economist, said in a note on Caixin Global.

As of June, Hong Kong had seen year-on-year declines in throughput volume for 17 consecutive months, and saw the sharpest fall of 17.9 per cent in February, Caixin Global reported. — VNS