Vietnam receives foreign cargo ships on first day of Lunar New Year
Vietnam welcomed two foreign commercial vessels, STARSHIP URSA of Marshall Island and CMA CGM J. ADAMS of Malta, to ports in Ho Chi Minh City and the southern province of Ba Ria – Vung Tau on February 12, which fall on the first day of the Lunar New Year, according to the Vietnam Maritime Administration (VINAMARINE).
Hanoi (VNA) – Vietnam welcomed two foreign commercial vessels, STARSHIPURSA of Marshall Island and CMA CGM J. ADAMS of Malta, to ports in Ho Chi Minh City and the southernprovince of Ba Ria – Vung Tau on February 12, the first day of the LunarNew Year, according to the Vietnam Maritime Administration (VINAMARINE).
A representative from the authority said in the first months of 2021, the maritimeindustry has recorded strong growth.
Despitedifficulties posed by the COVID -19 pandemic, Vietnam still recorded impressivegrowth in trade, especially exports to Europe and America, because of thehigh demand from these markets.
Theincreasingly modern and comprehensive seaport infrastructure and transportsystem have also created a momentum for the maritime industry’s development.
Theoperation of deep-water seaports will promptly replenish container berthinfrastructure to serve the growing demand of customs clearance
Inorder to meet the increasing cargo transportation demand in recent times, VINAMARINEhas directed sea port authorities to coordinate with State managementagencies to speed up the processing of administrative proceduresfor ships.
It hasalso worked with management agencies of ports and shipping companies to develop marine safety plans to allowport calls by large ships./.
MSC Oliver, one of the world’s largest container ships, has docked at the Cai Mep International Terminal (CMIT) in Ba Ria - Vung Tau province earlier this week.
Deputy Minister of Transport Nguyen Nhat has emphasised the need to give priority to developing key seaports and seaport clusters in the next ten years.
The seaport and logistics industry was forecast to grow significantly on the prospect of global trade recovery in 2021 when the vaccine to prevent COVID-19 is administered worldwide.
The northern province of Quang Ninh has outlined key measures to develop its marine-based and coastal economy, with a focus on eco-friendly tourism, maritime services, and coastal industry.
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Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
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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.
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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.
The STARSHIP URSA of Marshall Island (Photo: VNA) 
