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Port ventures saw positive performance

Port ventures saw positive performance

Despite improvements in ­performance in the first 10 months of 2018, joint-venture seaports involving state-owned ship giant Vinalines and foreign ­partners are struggling with stiffening competition.

Vietnam’s logistics costs higher than global average

Vietnam’s logistics costs higher than global average

Vietnam’s logistics costs currently account for nearly 20.9% of gross domestic product, double that of developed economies and higher than the global average of 14%, Thanh Nien newspaper reported, citing statistics from the Vietnam Logistics Business Association.

Ministry plans to limit cargo at HCM City port

Ministry plans to limit cargo at HCM City port

The Ministry of Transport has announced plans to limit the cargo handled at HCM City’s Cat Lai Port since volumes are exceeding its handling capacity, exerting pressure on the city’s transport infrastructure.

Vietnam-Japan joint venure builds logistics centre

Vietnam-Japan joint venure builds logistics centre

Vina-Japan Shirogane Logistics Company Ltd on July 19 broke ground for a US$5.4 million logistics centre at the Phu My 3 Specialised Industrial Park in the southern province of Ba Ria–Vung Tau.

ASEAN Port Association meets in Ba Ria-Vung Tau

ASEAN Port Association meets in Ba Ria-Vung Tau

The 43rd Conference of the ASEAN Port Association (APA) opened in Vung Tau city, the southern coastal province of Ba Ria-Vung Tau, drawing representatives of the ASEAN member countries, excepting for land-locked Laos.

Cai Mep: Portal to the Pacific

Cai Mep: Portal to the Pacific

Container throughput in the Cai Mep-Thi Vai port area has increased significantly after enduring a number of slow years. Nguyen Xuan Ky, deputy general director of Cai Mep International Terminal, discusses the important role the port area plays and how it can increase its operational efficiency.

Tan Cang – Cai Mep port handles 1 millionth TEU

Tan Cang – Cai Mep port handles 1 millionth TEU

The year 2016 went down in history of Tan Cang – Cai Mep International Terminal (TCIT) as it has handled the 1 millionth TEU (twenty-foot equivalent unit) for the first time in six years of operation.

RoK company to invest in Vung Tau

RoK company to invest in Vung Tau

The Republic of Korea company Hyosung Corporation has proposed to build polypropylene (PP) factories and a liquid petroleum gas (LPG) storage facility in Ba Ria Vung Tau Province.