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The Vietnam Maritime Administration is taking comments for a draft on a possible increase of 10 per cent in container handling charges, except for the Mekong Delta. This means that shipping lines might follow a rise in terminal handling charges. According to Truong Dinh Hoe, general secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP), in recent years, many shipping lines increased their charges way above their previous rates. Since 2013, Mearsk/MCC Line, which has the largest market share in Vietnam, increased a series of its charges. For example, THC increased from VND4 million ($177.77) to VND5.2 million ($231.1) per container, while delivery order fee rose from VND550,000 ($24.44) to VND730,000 ($32.4). What is more, shipping lines also applied new charges, such as container imbalance charge (CIC), which goes at $60 per container. Differences in the application of the same charges are also a problem. For example, THC for 20-feet container varies from $90 … [Read more...] about Import-export firms fear possible rise in terminal handling charge

  The association said shrimp output of major global producers was predicted to reach 3.5 million tonnes in 2018, marking the highest output over the past decade. The increase in world shrimp production was due to the growth in major suppliers such as India, Ecuador, China, Vietnam and Indonesia. In that situation, importers would create pressure to reduce prices, leading to declines on the global and domestic market, it said. Truong Dinh Hoe, VASEP’s general secretary, said the global shrimp supply had risen sharply in the first few months of this year, while shrimp inventories in the US and among local businesses remained high. VASEP reported that the US had a high inventory after US shrimp imports increased by 10 per cent in 2017 and 15 per cent in February this year. The drop in prices hit not only Vietnam but also other shrimp suppliers such as Ecuador, Thailand and Indonesia, causing problems for many farmers, Hòe said. Nguyen Thi Hai, a shrimp trader in Binh … [Read more...] about Farmers should reduce areas farming shrimp

Other News Online shopping day kicks off today The Saigon Times Daily Friday,  Dec 6, 2019,14:20 (GMT+7) Online shopping day kicks off todayThe Saigon Times Daily A customer selects clothing products on the Sendo ecommerce platform. Online Friday 2019, the largest online shopping event this year, takes place today, December 6 – PHOTO: SENDO HCMC - Online Friday 2019, the largest online shopping event this year, takes place today, December 6, with over 1,000 brands offering discounts of up to 70% on 50,000 products, Minister of Industry and Trade Tran Tuan Anh noted at the opening ceremony in Hanoi on December 5. Minister Anh stated that over the past six years, Online Friday has developed in terms of both quantity and quality, VietnamPlus news site reported. The number of participating firms, products, orders and sales has edged up each year, he said, adding that control over fake prices has also been prioritized. … [Read more...] about Online shopping day kicks off today

International Everton sack manager Silva after Merseyside derby humbling The Saigon Times Daily Friday,  Dec 6, 2019,14:26 (GMT+7) Everton sack manager Silva after Merseyside derby humbling The Saigon Times Daily Everton manager Marco Silva reacts at St Mary's Stadium, Southampton, Britain November 9, 2019 – PHOTO: REUTERS LONDON (REUTERS) - Everton have sacked manager Marco Silva the day after dropping into the relegation zone following a 5-2 defeat at Merseyside rivals Liverpool, the Premier League club said on Thursday. Silva, who arrived at Goodison Park in May 2018, has left with the team languishing 18th in the table on 14 points after they lost nine of their 15 league games this season. "Everton Football Club can confirm that manager Marco Silva has left the Club," Everton said on their website. “Majority Shareholder Farhad Moshiri, Chairman Bill Kenwright and the Board of Directors would like to … [Read more...] about Everton sack manager Silva after Merseyside derby humbling

Ba Ria-Vung Tau Vice Chairman Tran Van Tuan receives Laos Consul General Phimpha Keomixay during her courtesy visit to the province on April 24, 2019 The Union of Friendship Organizations of Ba Ria-Vung Tau Province held a "Vietnam-Laos Friendship Exchange" event to mark the 44th anniversary of the National Day of the Lao People's Democratic Republic (December 2, 1975 - December 2, 2019), in Vung Tau city. Attending the event held on November 29 were Phimpha Keomixay, Consul General of the Laos in Ho Chi Minh City, Tran Van Tuan, Vice Chairman of the Provincial People's Committee, representatives of related departments and agencies, and residents of the province. Speakers recalled that the close traditional relationship between Vietnam and Laos was founded and strengthened by Vietnamese President Ho Chi Minh, Laos President Kaysone Phomvihane and generations of leaders of the two Parties and States over the last 57 years. They also noted that in the renovation process of each … [Read more...] about Ba Ria-Vung Tau celebrates Vietnam-Laos friendship