Vietnamese merchant fleet to handle 20% of imports & exports by 2030
Vietnamese merchant fleet to handle 20% of imports & exports by 2030. (Photo:VNA)
Deputy Minister of Transport Nguyen Xuan Sang has signed a decision approving a project to build a merchant fleet capable of handling a fifth of the country's imports and exports by 2030.
The main goal of the project is to build a fleet of container ships for the Asia-Pacific region to gain operational experience and set a foundation for long-distance routes.
The main goal of the project is to build a fleet of container ships for the Asia-Pacific region.(Photo: VNA)
In addition, Vietnamese maritime authorities will improve their management capacity, create a clear and transparent legal framework, promote science and technology application, and reform administrative procedures to support enterprises.
The project also aims to double the volume of import and export cargo transported through domestic seaports by Vietnamese ships to 10% by 2026 and 20% by 2030.
A report by the Vietnam Maritime Administration (VinaMarine) shows that along with an average annual growth of 12% import-export from 2016-2021, the cargo throughput of the country's seaports saw a stable increase in the period. In the first seven months of this year, the throughput growth slowed but still showed a year-on-year rise of 2%, reaching about 63 million tonnes.
The country's ports in recent years have been developed and are now able to accommodate the world's largest ships. The country's merchant fleet ranks third among ASEAN nations and 28th in the world./.
Related News
Vietnam ready to export first batch of sweet potatoes to China
13:57 | 06/04/2023 Anti-Smuggling
Australian Governor-General wraps up State visit to Vietnam
13:53 | 06/04/2023 Headlines
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Vietnam active at UN Human Rights Council’s 52nd session
16:11 | 05/04/2023 Headlines
Latest News
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export
More News
HCM City’s industrial production index down 0.9% in Q1
14:47 | 04/04/2023 Import-Export
Fisheries exports estimated at 1.85 billion USD in Q1
14:45 | 04/04/2023 Import-Export
Quang Ninh aims to attract quality FDI inflows
14:43 | 04/04/2023 Import-Export
Exports face many difficulties
13:29 | 04/04/2023 Import-Export
Manufacturing enterprises increase their competitiveness thanks to digital transformation
13:28 | 04/04/2023 Import-Export
32nd Việt Nam Expo promises to boost business linkages
14:19 | 03/04/2023 Import-Export
Prevention of price risks before news that Indonesia increases rice imports in reserve
09:52 | 03/04/2023 Import-Export
Japanese investors highly appreciate Vietnamese property market
17:41 | 02/04/2023 Import-Export
Seafood enterprises propose to remove obstacles from exporting to the EU
10:34 | 02/04/2023 Import-Export
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export