Alert for cargo even as Vietnam becomes SE Asia's fastest-growing economy
Backed by booming exports, Vietnam is on track to become South-east Asia’s fastest-growing economy this ...
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The Vietnam Maritime Administration (Vinamarine) is planning to divert cargo from container terminals in Ho Chi Minh City (HCMC) to the severely under-utilised Cai Mep-Thi Vai deepsea port complex.
According to local media, Vinamarine is set to submit proposals to the transport ministry for a freight limit at congested, shallow-draught HCMC berths in an attempt to force shipping lines to switch to Cai Mep – a decision carrier executives have been reluctant to make, despite the deepwater capacity available.
Vinamarine’s proposal is ...
Comment on this article
Issa Bankole
November 24, 2015 at 1:50 amThe Cat Lai port, the busiest port in Vietnam in term of traffic and value as well, is operated by the Army, it is one of the cash cow of the Army in this country where the Army is one of the pillar of the power and leadership. The Vietnam Marine Administration is under the supervision of a ministry which is neither the ministry of Defence nor the Ministry of Public Security, the only ministries whose ministers is member of the Politburo, the group of 16 most powerful people in Vietnam.
The final word is that I don’t believe in any plan of closing down the Cat Lai within the next decade.