The number of ships passing through Vietnam’s seaports was 50,553 in the first six months of this year, up 4% year-on-year, according to the Vietnam Maritime Administration (VMA).
Facing the rising cost of container shipping services to Europe and America, the Ministry of Transport (MoT) has just sent an official dispatch to the Vietnam Maritime Administration (VMA) requesting support for businesses.
North-central localities are seeking ways to attract large cargo vessels so as to motivate the comprehensive growth of the logistics chain, contributing to boosting their socio-economic development.
Vietnam will need nearly 400 trillion VND (16.08 billion USD) to upgrade its seaport system by 2030, heard a workshop held by the Ministry of Transport in Hanoi on November 8.
Vietnam will need about 313 trillion VND (13.7 billion USD) to develop a modern seaport system between now and 2030, and the funding will mostly come from non-budget sources.
Singapore’s budget allocated for public transport will increase sharply in 2016, according to Chairman of the Government Parliamentary Committee for Transport Sitoh Yih Pin.
Rapid development of transport system in the last five years in the Mekong Delta has improved passenger and cargo transportation and contributed to regional growth.