Seaports booming, but skilled workers still in short supply

Seaports booming, but skilled workers still in short supply

Alongside Malaysia and Singapore, Vietnam is in the top three countries in Asia for throughput of goods and transport routes in the region.
Vietnamese seaports to handle 1.2-1.4 billion tonnes of cargo by 2030

Vietnamese seaports to handle 1.2-1.4 billion tonnes of cargo by 2030

Vietnam's seaport cargo throughput is set to reach 1.2-1.4 billion tonnes by 2030, with container cargo expected to range from 46.3 to 54.34 million TEUs, according to a detailed plan for the development of seaport groups, wharfs, jetties, buoy berths, and water areas in 2021-2030, with a vision to 2050.
Modernised seaports in Vietnam require enhanced human resources

Modernised seaports in Vietnam require enhanced human resources

More efforts are needed to train personnel for Vietnam's modern ports.
Balance sought over port fee privileges

Balance sought over port fee privileges

Small-scale seaports up and down Vietnam may miss out on the benefits of a price hike in container handling services.
17 billion USD needed to build railway connecting to seaports

17 billion USD needed to build railway connecting to seaports

As much as 17 billion USD is needed to build two railway routes connecting to seaports, namely Lao Cai-Hanoi-Hai Phong and Bien Hoa-Vung Tau, according to the Ministry of Transport (MoT).
Transport staples in need of funding

Transport staples in need of funding

Foreign investment into transport segments continues to deviate despite the efforts of the transport sector and authorised agencies.
More private capital required for seaports

More private capital required for seaports

A downturn in exports may prompt the private sector to reevaluate its investment plans in the nation’s seaports, which are estimated to require over $13 billion by 2030.
Seaports missing out on fee windfalls

Seaports missing out on fee windfalls

Vietnamese shipping organisations’ proposal to raise charges for container loading and unloading services at seaports, if becomes true, will not affect exporters and importers.
Momentum for seaports hard to retain

Momentum for seaports hard to retain

While complex global developments are affecting the performance of seaports, action is needed to ensure growth momentum.
Profitable seaports suffer on-year falls

Profitable seaports suffer on-year falls

After some improvements in 2021, the performance of joint venture seaports between Vietnam Maritime Corporation and its foreign partners has dimmed so far this year.
Seaports lag behind regional peers

Seaports lag behind regional peers

Despite growing demands, Vietnam’s seaport development masterplan has been deemed inappropriate by experts, leaving much to be desired in the race to attain capital.
Port stocks boom thanks to thriving businesses in Vietnam

Port stocks boom thanks to thriving businesses in Vietnam

Foreign fund AFC noted in its latest investment report that port businesses in Vietnam would benefit in the second half of 2021 thanks to higher demand.
Gemadept reports positive results but negative financial cashflow

Gemadept reports positive results but negative financial cashflow

Gemadept Corporation reported positive business results but negative cashflow in the first seven months of 2021.
Vietnam announces criteria for classification of seaports

Vietnam announces criteria for classification of seaports

The government issued Decree No.76/2021/ND-CP outlining the criteria for the classification of seaports, with influence and operation scale the main factors.
Seaports face challenging forecasts

Seaports face challenging forecasts

Despite reaching better business performance in 2021 so far compared to a problem-strewn previous year, foreign-invested joint venture seaports are facing challenges related to full capacity and container attraction.
1 2