Cai Mep – Thi Vai port receives vessel destined for West Coast of US
Deep-sea port SP-SSA International Terminal (SSIT) in the Cai Mep-Thi Vai port cluster in the southern province of Ba Ria-Vung Tau berthed MP The Belichick - a container vessel operated by Swiss logistics firm Mediterranean Shipping Company (MSC) on April 13.
At the Cai Mep-Thi Vai port cluster in Ba Ria - Vung Tau (Photo: VNA)
Hanoi (VNA) - Deep-sea port SP-SSAInternational Terminal (SSIT) in theCai Mep-Thi Vai port cluster in the southern province of Ba Ria-Vung Tau berthed MP The Belichick - a container vessel operated by Swiss logistics firm MediterraneanShipping Company (MSC) on April 13.
The ship is destined for theUS’s West Coast under a newly launched container service called Sentosa.
It embarked fromSingapore and travels through Thailand’s Laem Chabang City and Ba Ria-Vung Tauto Long Beach City in the US’s Pacific Southwest, and will return toSingapore through China’s Shanghai, Ningbo and Xiamen cities.
The route aims to connect Southeast Asia withmarkets in southwestern Pacific, thus further promoting trade activitiesbetween the two regions.
Despite severe impacts posed by the COVID-19 pandemic on the global economy,Vietnam’s exports still recorded positive results, even breakthroughs.
As the demand for export to the UShas risen sharply, MSC has put the above-mentioned service intooperation to satisfy the demand.
According to the General Statistics Office,the US remained the largest importer of Vietnamese goods in the first quarterof 2021, with turnover of 21.2 billion USD, up 32.8 percent year-on-year./.
The southern coastal province of Ba Ria - Vung Tau has asked the Government to allocate capital from the central budget to speed up progress of national key projects in the province over the next five years.
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.
Leaders of the southern coastal province of Ba Ria-Vung Tau have warned they will revoke delayed seaport projects in the province and give them to better investors.
The Ba Ria – Vung Tau People’s Committee has told agencies to speed up work on crucial transport projects to facilitate connections to the Cai Mep-Thi Vai port complex in the province’s Phu My Town.
Deep-sea port SP-SSA International Terminal in the Cai Mep-Thi Vai port complex, Ba Ria-Vung Tau province, said it recently received a 15,000-TEU container vessel, its biggest ever.
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Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
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With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
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A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.