Cargo volume transported through seaports drops slightly
The total volume of cargo transported through seaports in the first five months of 2023 reached 296.1 million tonnes, a slight drop of 3% compared to the same period last year, reported the Vietnam Maritime Administration.
Goods loading at Cai Mep-Thi Vai port (Photo: VNA)
Hanoi (VNA) – The total volume of cargo transportedthrough seaports in the first five months of 2023 reached 296.1 million tonnes,a slight drop of 3% compared to the same period last year, reported the VietnamMaritime Administration.
Of the total, the volume of exports was over 71.7million tonnes, down 7% year on year, while that of imports neared 84.4 million tonnes, a decrease of 3%. Meanwhile, nearly 140 milliontonnes were transported domestically, while the volume transited was681,000 tonnes.
The administration said that the volume of container cargotransported through seaports in the period was 9.71 million TEUs, a fall of 8%year on year.
In May alone, domestic seaports handled over 63.3 milliontonnes of goods, down 3% year on year, while the volume of container cargo was 2.07million TEUs, down 7%.
A representative from the administration said that downturnwas seen in the volume of cargo through the majority of regions having seaports,including Vung Tau (13%), Hai Phong (3%), and Ho Chi Minh City (3%).Particularly, sharp falls of 23-51% were seen in some areas such as Thai Binh,Quy Nhon and Quang Ngai.
Meanwhile, a number of bright spots with increase in the cargo volume were Nha Trang at 23%, Dong Nai 10%, Can Tho 14%, BinhThuan 15%, Thanh Hoa 16%, and Thua Thien-Hue 18.7%.
Along with the downturn in the volume of cargo transportedthrough the seaports, that of container cargo through major seaports alsodropped.
The administration estimated that in the first six months ofthis year, the total volume of cargo handled through seaports will fall about3% to about 359.46 million tonnes. Meanwhile, container cargo may reach 11,792million TEUs, down 7% year on year./.
North-central localities are seeking ways to attract large cargo vessels so as to motivate the comprehensive growth of the logistics chain, contributing to boosting their socio-economic development.
The Chan May-Lang Co economic zone (EZ) in the central province of Thua Thien-Hue has not met development expectations 17 years after its formation in 2006.
There are great opportunities for Belgian investors in the development of seaports in Vietnam, a country owning a coastline of over 3,200km, heard a conference held in Anvers city of Belgium on June 12.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Goods loading at Cai Mep-Thi Vai port (Photo: VNA) 
