Transport trading floor to be introduced

Wednesday, Oct 14, 2015 08:15

Commodities owners and service providers can purchase transport services on the floor, according to Binh. — Photo baodautu

HA NOI (Biz Hub) — The Ministry of Transport is planning to pilot a transport trading floor for the first time this month.

"It is an e-commerce trading floor on which transport companies, logistics service providers and commodities owners can post their information on services and commodities that need transporting," Tran Quang Binh, director of Transport Department under the Directorate for Roads of Viet Nam, explained to Thoi bao Kinh te Viet Nam (Viet Nam Economic Times)

Commodities owners and service providers can purchase transport services on the floor, according to Binh.

Transport companies registering on the floor will be checked on capacity and prestige, as well as commitments on transport for good owners.

Their interests will also be ensured.

The floor is expected to help transport companies increase their transport capacity in two ways, which reduces the situation of running without goods when returning.

It is also easier for state agencies to manage and collect data of commodities.

The Directorate for Roads of Viet Nam worked with the Viet Nam E-commerce and Information Technology Agency on building contents to serve the setting up of legal documents.

The directorate also studied the transport trading floor of other countries.

Nguyen Van Thanh, chairman of the Viet Nam Automobile Transportation Association, said the trading floor was critical as many transport companies currently refused to publicise their data on commodity volumes, details on fee and transport capacity, which caused unhealthy competition.

Proposal sent

The Viet Nam Maritime Administration also sent a proposal to the Ministry of Transport for setting up a trading floor for maritime transport services to offset the ineffective business of the sector.

The administration expects to pilot the floor in 2017 if the Ministry approves the project.

The maritime transport trading floor is expected to lay the foundation for modern transport development, which will utilise information and technology to develop a logistics sector, increase connection between transport firms and commodities owners.

The current link between firms and commodities owners was ineffective, especially in international goods transport, Bui Thien Thu, deputy director of Viet Nam Maritime Administration said. — VNS

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