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Steel giant to manufacture containers for first time in Vietnam By Minh Son  March 1, 2021 | 11:32 am GMT+7 A view of Cat Lai Port, HCMC. Photo by Shutterstock/Hien Phung Thu. Steelmaker Hoa Phat plans to manufacture 500,000 twenty-foot equivalent unit containers a year to mitigate a shortage since containers are stuck at ports after Covid-19 hit trade. It plans to build its first container manufacturing factory in Binh Duong or Dong Nai province and near Cat Lai Port in HCMC and Cai Mep – Thi Vai International Port in Ba Ria – Vung Tau Province. The southern region has an especially high demand for containers. Market research by Hoa Phat in fact found that three out of every four containers are used there. ....
Larger frame of mind for logistics 10:00 | 15/02/2021 Throughout more than three decades of economic reform, Vietnamese companies from many sectors have been venturing abroad and become role models. Yet, the logistics sector remains too focused on the domestic market. Tran Thanh Hai, deputy director of the Ministry of Industry and Tradeâs Agency of Foreign Trade, emphasised that local players should follow regional examples and take their business to international arena. Larger frame of mind for logistics Last year, the whole world suffered the consequences of the lasting pandemic, with even Vietnam facing economic uncertainties and natural disasters in the central region, causing huge damage to livelihoods. ....
Photo: Saigon New Port Vietnam container port volumes increased by 8.5% last year to 16.94m teu, up from 15.62m teu in 2019. Growth was primarily driven by substantial terminals in Lach Huyen, in central Vietnam, and Cai Mep in the South province of Vung Tau, close to Ho Chi Minh City. Volume at Lach Huyen, a public private partnership between the government of Japan and Vietnam which was inaugurated in 2018, jumped from 418,558 teu to 661,071 teu while container cargo at Cai Mep terminals grew to 4.41m teu, up from 3.74m teu the year before. Last month, Gemalink, a joint venture between CMA CGM and Vietnamese corporation Gemadept, began operations at Cai Mep. ....
Logistics industry forecast to grow in 2021 on global recovery Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công 07/02/2021
06:25 GMT+7 The seaport and logistics industry was forecast to grow significantly on the prospect of global trade recovery in 2021 when the vaccine to prevent COVID-19 is administered worldwide. Cai Mep - Thi Vai International Seaport. The seaport and logistics industry was forecast to grow significantly on the prospect of global trade recovery in 2021. VNA/VNS Photo Ngoc Son SSI Securities Company expects the revenue of the seaport and logistics industry would expand by 10 per cent this year. ....