Danang welcomes first container ship connecting central Vietnam to US Oakland

Danang welcomes first container ship connecting central Vietnam to US Oakland

Tien Sa seaport in Danang city welcomed WanHai 362 shipping route on Tuesday, the first container shipping route connecting central Vietnam to Long Beach, Oakland, the U.S., without transit via any mothership.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam's booming logistics sector still has room for growth

Vietnam's booming logistics sector still has room for growth

VinaCapital’s chief economist Michael Kokalari explains why investors should pay close attention to various opportunities in Vietnam’s logistics industry.

Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam, Cambodia have shortest port turnaround time in ASEAN: World Bank

Vietnam, Cambodia have shortest port turnaround time in ASEAN: World Bank

Container shipping in Vietnam and its neighbor Cambodia had the lowest turnaround time at ports in ASEAN in June 2022 as both secured an average of 0.9 days, the World Bank says.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Turkey’s Altinay partners Vietnam’s VinES on energy storage mission

Turkey’s Altinay partners Vietnam’s VinES on energy storage mission

Vietnamese energy solution firm VinES has embarked on a partnership with Turkish company Altınay Elektromobilite to provide comprehensive energy storage solutions in the Turkish market.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Central Vietnam province to build $10 mln dry port

Central Vietnam province to build $10 mln dry port

The Hanoi-based VSICO Maritime Joint Stock Company has received in-principle approval to build a VND236.6 billion ($10 million) inland container depot in Quang Tri province, central Vietnam.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

APM Terminals, Vietnam’s Hateco to co-develop new container terminal

APM Terminals, Vietnam’s Hateco to co-develop new container terminal

Port operating firm APM Terminals, a unit of Danish shipping giant Maersk’s transport and logistics division, has launched a strategic partnership with Vietnamese group Hateco to develop two new deep-water berths at Lach Huyen Port in northern Vietnam’s Hai Phong city.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Container line Hapag-Lloyd introduces new service in Vietnam, Southeast Asia

Container line Hapag-Lloyd introduces new service in Vietnam, Southeast Asia

Hapag-Lloyd, a global leader in container shipping, has launched a new service with flexible port coverage in Southeast Asia, connecting Vietnam, Malaysia, and Indonesia.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Israeli marine carrier ZIM expands shipping services in Vietnam

Israeli marine carrier ZIM expands shipping services in Vietnam

Israel's ZIM Integrated Shipping Services Ltd. and Vietnam’s Hai An Transport and Stevedoring JSC announced Friday the launch of Lotus Link, their joint venture to operate domestic shipping services in Vietnam.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Gloomy profit outlook for logistics firms: top broker SSI

Gloomy profit outlook for logistics firms: top broker SSI

Vietnamese container shipping and logistics companies expect a gloomy profit outlook this year due to weak demand and increased supply, said Saigon Securities Inc.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Long An international port to start handling containers in Q2

Long An international port to start handling containers in Q2

Vietnam’s Dong Tam Group expects Long An international port near Ho Chi Minh City to start container loading and unloading in the second quarter of this year, a move expected to ease container congestion in HCMC.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Chan May seaport in central Vietnam launches container route

Chan May seaport in central Vietnam launches container route

Chan May port in the central province of Thua Thien-Hue launched a container route Sunday by welcoming a 1,577-TEU ship on the biweekly Hai Phong-Chan May-Ho Chi Minh City route.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam requires $13-bln seaport infrastructure investment by 2030

Vietnam requires $13-bln seaport infrastructure investment by 2030

Vietnam needs to invest $13 billion in seaport infrastructure by 2030 to improve the handling of container goods from the current 24 million twenty-foot equivalent units (TEU) a year to 30-40 million.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Oil & gas transporters’ profits to speed up, container shippers’ to dip

Oil & gas transporters’ profits to speed up, container shippers’ to dip

Oil and gas transportation companies are expected to enjoy significant second-half profit growth extending to next year, while container shipping firms see slower growth.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

New container route links Ho Chi Minh City, Asia ports

New container route links Ho Chi Minh City, Asia ports

Korean shipping lines HMM, SM Line, and Pan Ocean have launched the first container service under K-Alliance connecting South Korea, China, Vietnam, and Thailand.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Long-delayed central Vietnam container port requested to meet investment protocols

Long-delayed central Vietnam container port requested to meet investment protocols

Thanh Hoa authorities have extended the time line to fullfil investment procedures for the long-delayed Long Son container port project in the central province's Nghi Son Economic Zone until early 2023.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

USAID helps ease jam at Vietnam’s busiest container port

USAID helps ease jam at Vietnam’s busiest container port

The U.S. Agency for International Development has rolled out 21 recommendations expected to reduce traffic congestion at Cat Lai container port in Ho Chi Minh City, including leveraging IT solutions to enhance information flows and cargo clearance.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hoa Phat Group to sell containers from Q4

Hoa Phat Group to sell containers from Q4

A plant invested by Hoa Phat Group, Vietnam’s leading steel maker, to manufacture containers in Ba Ria-Vung Tau province will test run in the third quarter and launch products from the fourth quarter.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7