The Ministry of Transport has asked the Prime Minister to arrange for a list of sea transport fees and port charges to be published to stop ship owners from over-charging.
A high-speed vessel carries passengers to Quang Ngai Province's Ly Son Island. Photo: VNA
The Ministry of Transport has asked the Prime Minister to arrange for a list of sea transport fees and port charges to be published to stop ship owners from over-charging.
Deputy Minister Nguyen Van Cong on August 18 said shipping firms relied on a lack of printed information to fleece goods owners.
Publicity on official sea freight fees and port charges is expected to help rectify the situation.
The move would also create a base to punish violators, Cong said.
According to Vietnam Leather and Footwear Association, it spends about 110 million USD or one percent of its import-export value a year on extra shipping fees. The fees sometime rise by 20 percent a year, affecting revenue - and even survival.
Transport Ministry reports show that Vietnam has 32 container ships that operate mostly on inland waterways and routes within Southeast Asia.
About 40 foreign sea transport firms also operate in Vietnam, carrying up to 88 percent of goods exported/ imported to Vietnam.
Trinh The Cuong, Head of the Maritime Transportation and Services Division under the ministry's Vietnam Maritime Department, said that ports usually imposed container service charges (CSC) of 35-46 USD for a 20-foot container and 45-68 USD for a 40-foot container.
The CSC are additional costs on top of sea freight charged by shipping companies for the handling of containers at container terminals before being loaded onboard a vessel.
However, when shipping companies billed their customers, they usually charged 90-110 USD in container service charges per 20-foot container and 120-145 USD per 40-foot container, Cuong said.
The shipping companies said the overcharge for other container-relating fees besides loading fee that they paid to port manager.
Most shipping firms agreed that sea transport fees and port service charges needed to be more transparent.
A representative from APL, a container shipping company, said early this month in HCM City that publicising transport fee and port service charges would provide goods owners with official information to select shippers.-VNA
The HCM City - Ca Mau waterway will be upgraded to accommodate 2,000-tonne container barges under a project to improve transport from HCM City to Ca Mau via Can Tho, which has been submitted to the Ministry of Transport for approval.
The national one-stop-shop customs mechanism was officially launched at ports in five localities, namely Quang Ninh, Hai Phong, Da Nang, Ho Chi Minh City and Ba Ria-Vung Tau, on May 6.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
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.
A high-speed vessel carries passengers to Quang Ngai Province's Ly Son Island. Photo: VNA
