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.
Paradox: Thousands of containers idle at seaports amid severe shortage for delivery

Paradox: Thousands of containers idle at seaports amid severe shortage for delivery

While the world is in a crisis over the lack of empty containers and shipping fees are soaring, thousands of containers are idling away at Vietnamese seaports.
Ho Chi Minh City proposes 3-month delay for seaport fees

Ho Chi Minh City proposes 3-month delay for seaport fees

Ho Chi Minh City Department of Transport has proposed delaying the collection of seaport infrastructure fees for three months.
Seaports retain goods growth momentum

Seaports retain goods growth momentum

Driven by a decade-long record high in trade, container throughput via joint venture seaports between shipping giant Vietnam Maritime Corporation and its foreign partners continued growth momentum in the first four months of 2021.
Key maritime projects stuck in the mud without public funds

Key maritime projects stuck in the mud without public funds

Urgent maritime projects might need to wait for other sources of funding to get off the drawing board after public funding was diverted to the state coffers. 
Vietnam’s seaport system has eight more terminals

Vietnam’s seaport system has eight more terminals

Eight terminals have been added to the list of those at seaports in Vietnam, raising the total to 286.
Fresh port charges hit city’s logistics

Fresh port charges hit city’s logistics

Despite strong objections among businesses, Ho Chi Minh City will start collecting infrastructure and service fees at seaports from July 2021, triggering concerns over logistics cost increases.
Five new rail lines to be built in southern region

Five new rail lines to be built in southern region

Five new high-speed rail lines between Ho Chi Minh City and southern provinces expected to be built by 2025 would help to ensure smooth transport of goods and improve logistics services and connections between major seaports.
Skies clear over VIMC’s joint venture seaports

Skies clear over VIMC’s joint venture seaports

After enduring months of setbacks due to COVID-19, seaport joint ventures between shipping firm Vietnam Maritime Corporation and its foreign partners closed the first eight months of 2020 on a positive note while looking at bright prospects from the EU-Vietnam Free Trade Agreement.
Ba Ria – Vung Tau to develop modern seaports, logistics services

Ba Ria – Vung Tau to develop modern seaports, logistics services

A workshop was held in the southern province of Ba Ria – Vung Tau on June 18 to seek ways to develop seaports and logistics services, which are important components of the local economy.
Seaports taking steps to alleviate business losses

Seaports taking steps to alleviate business losses

State-owned Vietnam Maritime Corporation has been suffering from some initial impacts on business performance, stemming from the existing coronavirus epidemic putting the brakes on various enterprise pursuits.
Ports look to remain buoyant

Ports look to remain buoyant

Industry insiders are scoping ways to keep port efficiency float.