Topic: Vietnam's seaports

The newly approved plan categorizes seaports into five key groups.

Vessels flying the Vietnamese flag have handled nearly 100% of the domestic cargo transported by sea.

The renovated port expects to accommodate the growing number of international cruise ships, thereby boosting the city's maritime tourism industry.

Southern province to become one of the top 5 coastal localities in economic development.

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.