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sea transport

MoIT meets with businesses to discuss Red Sea transport crisis

MoIT meets with businesses to discuss Red Sea transport crisis

Some immediate negative impacts included increased transportation costs, more critically, a shortage of empty containers, extended transit times, and adverse effects on the ability to fulfil import-export orders. In addition, the rise in transportation costs and oil prices will a...
Shipping costs gone down to pre-pandemic level

Shipping costs gone down to pre-pandemic level

Freighters have even started accepting small orders at low prices in the hope they may be able to pool them together to make a trip worthwhile.
Shipping fleet going from strength to strength

Shipping fleet going from strength to strength

Viet Nams sea transport sector has maintained good growth recently with the volume of goods transported by the Vietnamese fleet reaching more than 81 million tonnes in the first half of 2019, a year-on-year increase of 16 per cent.
Restructuring helps shipping companies turn around

Restructuring helps shipping companies turn around

The Việt Nam Sea Transport and Chartering Joint Stock Company, Việt Hải Shipping & Real Properties Corporation and Seagull Shipping Joint Stock Company are among the maritime transport companies that have had to shift their shares in recent years from...
New mechanisms to keep maritime transport sector afloat

New mechanisms to keep maritime transport sector afloat

Although there have been some positive signs in recent years, Viet Nam’s sea transport sector still face difficulties with many enterprises suffering heavy losses. The maritime industry is proposing support mechanisms to help the sector out of its stagnant state.
Ministry to regulate sea transport charges

Ministry to regulate sea transport charges

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.
Sea transport industry needs reforms

Sea transport industry needs reforms

Viet Nam''s sea transport industry needed restructuring to become more competitive, said head of the Transport Ministry''s Marine Department, Nguyen Nhat.
US2 billion needed to modernise boat fleets

US$2 billion needed to modernise boat fleets

Viet Nam will need at least US$2 billion every year until 2020 to modernise its fleet of vessels, Deputy Head of Vietnam Maritime Administration Bui Thien Thu has said.
Shipping industry out of its depth

Shipping industry out of its depth

Imbalance in the structure of ship categories was a major difficulty for Viet Nam''s sea transport industry, said head of the Marine Department, Nguyen Nhat.