Cargo throughput via seaports sees modest growth

Cargo throughput across seaports nationwide hit 241 million tonnes in the first four months of 2022, rising 2% year-on-year, according to the Vietnam Maritime Administration.

The volume, excluding transited goods not unloaded at seaports, included 61.95 million tonnes of exports (up 2%), 67.49 million tonnes of imports (down 9%), and 110.99 million tonnes of domestic goods (up 10%).

Container throughput also increased 2% to over 8.3 million TEUs during the period.

The administration said 2% is the slowest growth in recent years though Vietnam has entered the post-pandemic new normal.

Seaports in many localities have recorded a sharp decline in volume, such as Binh Thuan down 28% from a year earlier, Can Tho 25%, and Kien Giang 12%.

Major ports also witnessed drops from 0.5 - 4%, including Hai Phong down 0.5%, Ho Chi Minh City 2.8%, and Vung Tau 4%.

The growth slowdown has been attributed to different factors, mainly that production, export and import activities by domestic enterprises have yet to fully recover.

Besides, China’s zero-COVID policy has also impacted firms doing business with Vietnam’s largest export and import market, according to the administration.

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