News / Increasing domestic box ship fleet could reduce costs for Vietnam's shippers

Freight forwarders and logistics experts say the expansion of Vietnam’s container shipping fleet, and the incentives for that, could generate benefits for shippers through reduced transport costs.

Last month, the Vietnamese government approved plans to increase the number of containerships owned by domestic companies by exempting import taxes  and halving tonnage fees on goods they carry.

The target is to double the ratio of imports and exports carried on Vietnamese ships to 10% by 2026, and double this again to 20% by 2030.

Currently, ...