Posts Tagged ‘ ports ’

Vietnam targets $21 billion port-enlargement investment 

March 23, 2011
Vietnam targets $21 billion port-enlargement investment 

Vietnam's government aims to boost shipping volume at ports like Ho Chi Minh City more than 400 percent this decade Vietnam is pouring billions of dollars into building ports for the world’s largest container ships in a drive to draw export industries from China. The investment may propel the port complex near Ho Chi Minh [...]

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Vietnam ports take in less than expected 

November 8, 2010
Vietnam ports take in less than expected 

Containers sit at a port in Ho Chi Minh City. The heavily trafficked ports in the city face constant congestion problems while many seaports around the country have to operate below capacity. Despite fierce competition between Vietnam’s existing seaports, the country is gearing up to build more. Chan May Port in the central province of [...]

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All at sea

January 18, 2010
All at sea

Ships dock at Saigon Port in Ho Chi Minh City. Experts generally agree that the immense and natural potential that Vietnam has to develop a strong sea transport industry has not been tapped, leaving it in a state of continued latency. Economist Nguyen Tuan Hoa of Ho Chi Minh City Development Learning Center said Vietnam [...]

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BUSINESS IN BRIEF 11/1

January 10, 2010
BUSINESS IN BRIEF 11/1

Milk prices slide, farmers see losses; Overseas remittances down 12.8%, says State Bank; Hanoi to host int’l trade, investment fair; Businesses optimistic about economic development in 2010; Coffee exports hit record high Milk prices slide, farmers see losses Dairy farmers in Ho Chi Minh City’s Cu Chi District January 8 said they have been forced [...]

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Vietnam earmarks $23.8 bil to upgrade ports by 2020

December 31, 2009
Vietnam earmarks $23.8 bil to upgrade ports by 2020

Between VND360 trillion and 440 trillion (US$19.5-23.8 billion) will be invested in developing the country’s seaports by 2020 under a project approved recently by the government. The plan, posted on the government’s website Sunday, will focus on upgrading many of the existing ports to international standard.Some like the Van Phong Transshipment Port in the central [...]

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National port plan gets green light

December 29, 2009
National port plan gets green light

PM Nguyen Tan Dung has approved the Viet Nam Seaport Development Master Plan, which calls for total investment of between VND360trill and VND440tril to 2020. Seaports building decisions will be based on local natural conditions, the need for economic development and interaction with nearby ports.The plan, which was submitted to the Government in June, aims [...]

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Surrounded by tolls, Phu My Bridge may be avoided

December 12, 2009
Surrounded by tolls, Phu My Bridge may be avoided

A major bridge project in Ho Chi Minh City may not be able to recover its construction cost as vehicles will likely avoid the toll-bridge to save on transport fees. The Phu My Bridge connects districts 2 and 7 south of downtown Ho Chi Minh CityThe fee to cross the Phu My Bridge, which links [...]

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Surrounded by tolls, Phu My Bridge may be avoided

December 12, 2009
Surrounded by tolls, Phu My Bridge may be avoided

The Phu My Bridge connects districts 2 and 7 south of downtown Ho Chi Minh City A major bridge project in Ho Chi Minh City may not be able to recover its construction cost as vehicles will likely avoid the toll-bridge to save on transport fees. The fee to cross the Phu My Bridge, which [...]

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Nova Scotia pushes trade, education links with Vietnam

December 5, 2009
Nova Scotia pushes trade, education links with Vietnam

Students inquire information at an event to promote studying abroad in Ho Chi Minh City. Nova Scotia Premier Darrell Dexter led officials from Atlantic Canada through Vietnam this week to forge new trade links and build bilateral relationships in education. What is the purpose of this visit to Vietnam? What business benefits does Canada’s Atlantic [...]

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Key ports to unlock Vietnam’s potential

November 14, 2009
Key ports to unlock Vietnam’s potential

Construction of the second of three deep-sea ports planned for Vietnam has just begun on the central coast, a year after ground was broken for the first in the south. A vessel docks at Tan Cang Cai Mep port in southern VietnamAnother deep-sea port will also get underway in the north in less than a [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...