16.08 billion USD needed to upgrade seaport system: workshop

Vietnam will need nearly 400 trillion VND (16.08 billion USD) to upgrade its seaport system by 2030, heard a workshop held by the Ministry of Transport in Hanoi on November 8.

16.08 billion USD needed to upgrade seaport system: workshop -0
Vietnam will need nearly 400 trillion VND (16.08 billion USD) to upgrade its seaport system by 2030. (Photo: VNA)

(VNA) – The workshop looked into the detailed planning scheme of seaports, harbours, wharves, floating terminals and water areas and another planning scheme of the inland container deport system in 2021-2030 with a vision to 2050.

Deputy Minister of Transport Nguyen Xuan Sang said the domestic seaport system, with more than 90km in total length, can handle about 750 million tonnes of cargo each year.

More than 90% of Vietnam’s exports and imports have gone through the seaports, helping the country ensure its macro-economic stability, the official added.

Seaports have been formed at northern and southern gateways like Lach Huyen in northern Hai Phong city than can handle ships of up to 132,000 DWT and Cai Mep in southern Ba Ria-Vung Tau province which is designed to sustain ships of up to 214,000 DWT.

Deputy Director of the Consulting Centre for Transport Development Investment (CCTDI) Pham Hoai Chung said Vietnam has put 10 inland container deports into service.

The facilities and inland clearance deports are located along the five out of the 15 economic corridors and zones included in the planning scheme, and handle about 4.2 million TEUs of cargo each year.

Chung suggested public-private partnership (PPP) in inland container deport investment, and expanding and diversifying investment forms with the involvement of different economic sectors.

Representatives from localities and enterprises and experts stressed the need to define orientations to utilise the country’s coastline.

Sang asked localities to uphold their responsibility in planning, saying local budget should continue to be used in maritime infrastructure development.

Economy

Da Nang strengthens cooperative ties with Thai localities
Economy

Da Nang strengthens cooperative ties with Thai localities

Vice Chairwoman of the People's Committee of the central city of Da Nang Nguyen Thi Anh Thi on September 26 hosted a Thai delegation led by Thai Consul General in Ho Chi Minh City Wiraka Moodhitaporn, and Khon Kaen Deputy Governor Siriwat Pinijpanich, who are in the city to attend the "Meet Thailand in Da Nang" conference.

UN Special Rapporteur highly values Vietnam's progress
Economy

UN Special Rapporteur highly values Vietnam's progress

United Nations (UN) Special Rapporteur on the right to development Surya Deva had a dialogue in Geneva on September 18 with countries on his activities over the past year, during which he highly valued the Vietnamese Government's multidimensional poverty reduction approach.

Australian plums to be available in Vietnam
Economy

Australian plums to be available in Vietnam

Australian plums will soon be on shelves in Vietnam under the two-way agricultural market access agreement between the two countries that brings Australian plums to Vietnam and Vietnamese passion fruit to Australia, according to the Australian Government.

Vinamarine prohibits profiteering in emergency situations
Economy

Vinamarine prohibits profiteering in emergency situations

The Vietnam Maritime Administration (Vinamarine) under the Ministry of Transport strictly prohibits all acts of taking advantage of emergency situations, storms and floods to raise service prices inconsistent with fluctuations in total costs compared to normal conditions for profiteering.