Improvements in import and export demand, especially through inventory replenishment in the US and Europe, as well as the supply, expected to remain stable until 2025, will help seaport firms recover their yields.
Recent surges in transactions and withdrawl fees at a number of commercial banks had seemingly gone against the State Bank of Vietnam’s (SBV) initial policy roadmap for a seamlessly cashless society.
As stated in Resolution 84/NQ-CP, the Government has instructed corresponding administrative authorities to aim for a 0.5 per cent decrease in lending interest rates from now until the end of 2017, while keeping taxes, fees and other charges unchanged.
The Ministry of Transport has asked the Prime Minister to arrange for a
list of sea transport fees and port charges to be published to stop
ship owners from over-charging.
