Cargo handled at seaports projected to decline at year-end
The volume of cargo handled at Vietnamese seaports was estimated to reach almost 630 million tonnes in the first 11 months of 2020, an increase of 5 percent against the same period last year, according to the Vietnam Maritime Administration.
Hanoi (VNA) – The volume of cargo handled at Vietnamese seaports was estimated to reachalmost 630 million tonnes in the first 11 months of 2020, an increase of 5percent against the same period last year, according to th🎐e Vietnam MaritimeAdm𝐆inistration.
Container goods handledin the reviewed period was close to 20 million TEUs, representing a 12-percentrise year on year. In November alone, thefreight volume via seaports was estimated to surpass 57.2 million tonnes, adecline of 3 percent against the same period last year. Container goods wereestimated at over 1.8 million TEUs, a year-on-year decrease of 5 percent. The freight volumegoing through Vietnam’s seaports has contracted for two consecutive months. Thefigure hit more than 57.6 million last month, down 2 percent. Deputy General Directorof the Vietnam Maritime Administration Hoang Hong Giang said the impacts ofCOVID-19 to maritime activities are attributable to the slight decline of cargovolume via seaports. The volume of goodsusually tends to surge at the end of the year, but the figure inevitably saw adecrease given the adverse impacts of the pandemic to global supply chains, heexplained./.
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.
Vietnam National Shipping Lines (Vinalines) will officially begin operations as a joint stock company on September 1 and change its name to the Vietnam Maritime Corporation (VIMC).
Nearly 485.3 million tonnes of cargo were handled at Vietnam’s seaports in the first eight months of this year, including over 13.9 million TEUs of container cargo, up 6 percent and 8 percent annually, respectively.
Seaport enterprises have proposed raising stevedoring service costs by 10 percent in 2021 and 2022, saying it is necessary for them to reinvest in infrastructure and improve service quality.
The Ministry of Industry and Trade (MoIT) partnered with the People’s Committee of northern Quang Ninh province to host a workshop on trade and investment promotion between trade representatives, foreign trade promotion organisations, and the province and its enterprises on November 13 in Ha Long city.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.