The lack of regulations governing shipping routes and the arbitrary imposition of fees by foreign shipping companies, including THC, have detrimentally affected the interests of Vietnamese importers and exporters, as well as the country''s ports and logistics sector.
Viet Nam is currently making efforts to modernise shipbuilding and the shipping industry to increase quality with reasonable cost, save energy and minimise pollution.
Viet Nam National Shipping Lines (Vinalines) expects that the Government will increase the domestic market share of import-export goods carriage on sea routes for Vietnamese fleet.
Most Vietnamese ship-owners lack capital to operate and are currently
in the red, according to Do Xuan Quynh, General Secretary of the Viet
Nam Shipowners'' Association.
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.