Topic: the Vietnam Maritime Administration (VINAMARINE)

With a target of importing and exporting 16 million TEU containers each year by 2030, the Vietnam Maritime Administration (VINAMARINE) anticipates required investment in the country’s inland port network of up to VND34 trillion ($1.37 billion). It also said it will give priority to investing in a number of inland ports along transport corridors connected with major seaports in the northern and southern regions.

According to the Vietnam Maritime Administration (VINAMARINE), the total volume of goods passing through Vietnam’s seaports in the first half of 2022 reached 371.64 million tons, an increase of just 2 per cent year-on-year. The slow growth is due to many factors, such as higher freight rates, China’s “Zero Covid” policy, and rising inflation amid gloomy global growth.