For years, Vietnam has struggled to make full use of its seaports and as a result, infrastructure shortcoming have been driving up transportation and logistics costs – affecting the competitiveness of Vietnamese goods on the international market.
In Vietnam there are 45 seaports, over 250 harbours, and 87,550m of piers, with a combined capacity of 500-550 million tonnes of cargo per year.
The country’s seaport system is considered to be huge in terms of the number of sites, but low in competitiveness due to its high transport and logistics costs.
Inadequate infrastructure, complicated administrative procedures, unreasonable service charges, as well as insufficient capital for reinvestment have reduced the competitiveness of Vietnamese seaports.
In order to develop the country’s port system, attention should be paid to the development of infrastructure, information technology, and human resources. This will prove to be the main pillars of their sustainable development.
The port system in Vietnam has been developing strongly. This is considered a powerful arm to promote economic development as seaport infrastructure and logistics services are important factors that directly affect the competitiveness of Vietnam’s commodities./. –VNA