China has not ceased upping the ante in the East Sea despite the US' words of support for its smaller neighbors, a gesture that has drawn great anticipation in Vietnam China has begun building a school on an island that it took from Vietnam illegally by force in 1974, two years after establishing a frontier settlement there to administer most of what the rest of the world calls the South China Sea. The Philippines said over the weekend that it had lodged a protest with Beijing for seizing a disputed reef on the Spratly Islands--the fourth such complaint Manila has filed in three months as Beijing continues to pursue its controversial claim to nearly all of the resources in the oil-rich waters Vietnam calls the East Sea. … [Read more...] about How pivotal is the US ‘pivot’ to the East Sea dispute?
How large are shipping containers
VietNamNet Bridge - As Vinalines and a Korean partner begin construction of wharves able to serve vessels carrying up to 11,000 standard shipping containers, commentators point out that important obstacles must still be overcome. Until now, Van Phong Bay in Khanh Hoa province has been best known for some excellent scuba diving sites.On October 31, however, work will begin on the first port in Vietnam designed specifically to serve as a container transshipping point.Tuoi Tre reports. Former Khanh Hoa People's Committee (PPC) Chairman Pham Van Chi is paticularly pleased to see the project, ten years on the planning boards, moving forward at last."We have been too slow [with the port project]. We must go faster, so we don't miss our opportunities". The General Director of the Vietnam National Shipping Lines (Vinalines), Duong Chi Dung, said that the container port will be developed in three stages. In the first stage, Vinalines will build two wharves able to serve ships with a capacity of … [Read more...] about Work begins at last on huge Central VN container port project
"Vietnam is a focus market due to its role as a manufacturing and sourcing base." During his first visit to Vietnam last week, A.P. Moller-Maersk Group chief executive officer Nils Smedegaard Andersen told VIR about the group's strong commitment to Vietnam's growth and development of the country's shipping industry. What are Maersk's current commitments in Vietnam and what does the future hold? The A.P. Moller-Maersk Group has been operating in Vietnam for the past 20 years. Our operations include Maersk Line, the leading container liner in Vietnam, Damco - one of the largest export logistics providers locally and MCC Transport - one of the leading intra-Asia feeder network service providers in Southeast Asia and Cai Mep international terminal, which is the first deepwater container terminal to offer shipping lines access to the newly dredged Cai Mep terminal channel. Vietnam is an exciting and fast-growing market with high growth potential. At present, we have seven … [Read more...] about Shipping giant on a prosperous voyage
Businesses in Vietnam are shouldering the heavy burden of too many port fees for exporting or importing goods, which they say is shrinking their profits and hurting their competitiveness. For example, to transport a container of goods to a port for shipping, an exporter has to pay at least seven fees at 1.35 to 2.1 million VND (85 to 133 USD), businesses said. The heaviest fee is transport which can reach 600,000 to 900,000 VND (38 to 57 USD) per container, businesses said. … [Read more...] about High shipping, port fees hurt Vietnamese businesses
VietNamNet Bridge - HCM City's residents, travel firms and local authorities all have agreed that it is necessary to develop waterway tourism. However, they still do not know what and how to develop. New tour opened About 50 travelers on Dong Duong (Indochina) sailing ship officially opened the short-distance waterway tourism route along Saigon River, departing from Bach Dang station to the Ham Long craftsmen's village in Thanh My Loi in district 2. Phan Xuan Anh, Chair of Du Ngoan Viet Travel Firm said happily: "Now travel firms have one more new tourism product to introduce to travelers when they come to the city". … [Read more...] about HCM City waterway tourism: there is the ship, but no wharf