Vietnam prioritises development of key seaports

Deputy Minister of Transport Nguyen Nhat has emphasised the need to give priority to developing key seaports and seaport clusters in the next ten years.
Vietnam prioritises development of key seaports ảnh 1Vietnam prioritises development of key seaports (Photo: VNA)

Hai Phong (VNA) – Deputy Minister ofTransport Nguyen Nhat has emphasised the need to give priority to developing keyseaports and seaport clusters in the next ten years.

Speaking at a seminar on the master plan for Vietnam’s seaport system developmentin the 2021-2030, with a vision to 2050 held by the ministry’s Vietnam MaritimeAdministration (VMA) on December 30, Deputy Minister Nhat highlighted the considerabledevelopment in both quality and quality of the national seaport system inrecent years, saying this basically meets the development goals set in theapproved plan.

The seaport system has contributed to creating a momentum for the developmentof coastal economic, industrial and urban zones, ensuring import-exportactivities and transport of commodities through seaports, thus meeting requirementson socio-economic development and international economic integration, he said.

In the 2000s, the total output of goods through seaports nationwide stood atabout 82 million tonnes. The figure rose to 654 million tonnes in 2019 and isexpected to reach 670 million tonnes in 2020.

Nhat said that developing marine infrastructure is also needed to promote the nationalsocio-economic development, and meet the increasing demand of import-export,multinational transport activities.

Under the master plan, the volume of cargo handled through ports will be 1.14 –1.42 billion tonnes a year by 2030. Ports nationwide are set to serve 10.1 –10.3 million passengers per year. By 2050, the volume of cargo is expected to increaseto 2.8 – 3.3 tonnes, and the number of passengers to 14.4 to 15.1 million passengersper year.

According to statistics of the VMA, as of 2019, Vietnam had 588 harbours, fourtimes higher than in 2000. The total volume of cargo handled through portsreached 664.6 million tonnes, eight times higher than in 2000.

The total cost for Vietnam's seaport infrastructure development to 2030 isestimated at about 150 trillion VND (6.5 billion USD) to 200 trillion VND (nearly8.7 bilion USD) (excluding investment for specialised ports and wharves).

Vietnam’s seaport development remains on track, with several deep-waterseaports in operation in the northern and southern regions and others expectedto be built in the central region.

Prime Minister Nguyen Xuan Phuc recently issued a directive requesting theimplementation of measures for effectively connecting transport infrastructureand lowering logistic costs, which now account for an average of 21 percent ofa product’s price.

Logistics now account for 3 to 4 percent of GDP and post a rapid growth rate of15 to 20 percent each year. The sector is expected to contribute 8 to 10percent of GDP by 2025 thanks to lessons learned from logistics practices indeveloped countries./. 
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.