Five new high-speed rail lines between Ho Chi Minh City and southern provinces expected to be built by 2025 would help to ensure smooth transport of goods and improve logistics services and connections between major seaports.
Ho Chi Minh City should draft a master plan to develop its logistics sector, said Pham Thanh Kien, Director of the municipal Department of Trade and Industry.
The 46th Ship for the Southeast Asian Youth Programme (SSEAYP) docked at Hiep Phuoc port in Vietnam’s southern economic hub of Ho Chi Minh City on November 10.
Forbin, an anti-air frigate of the French Naval Force led by Col. Thomas Frioli, docked at Sai Gon-Hiep Phuoc port on May 28, beginning a friendship visit to Ho Chi Minh City which will last until June 3.
Ho Chi Minh City’s Department of Industry and Trade has reported to the municipal administration that it is appraising tenders from contractors to develop logistics facilities and turn the city into a logistics hub for Southern Vietnam.
Standing Vice Chairman of Ho Chi Minh City People’s Committee Le Thanh Liem discussed directions for cooperation between the city and the French Development Agency (AFD) with Director of AFD in Vietnam Fabrice Richy at a meeting on March 5.
A proposal to build a north-south axial road in HCM City running through districts 4, 7 and Nha Be through a public-private-partnership (PPP) has been approved by the municipal People’s Committee.
All ports along the Saigon River will be relocated by the end of the year to reduce pressure on transport in HCM City, according to a report from the Transport Ministry submitted to the Government.
Thousands of containers were left at Cat Lai Port in Ho Chi Minh City over the last few months because owners haven’t visited the customs department to complete the necessary procedures, causing both port companies and customs agencies a headache.
Vietnam’s import tax on complete built-up units from ASEAN was reduced to zero percent as from Jan. 1 this year. The accord helps reduce the prices of imported cars, meeting consumers’ aspiration.
Ho Chi Minh City wants to cooperate with France in transport infrastructure and urban development projects, said Secretary of the municipal Party Committee Nguyen Thien Nhan.
The Ho Chi Minh City People’s Committee has asked the Department of Transport to seek measures to tackle traffic jams at 37 traffic-congestion hotpots across the city, including those at seaports.
The Vietnam National Shipping Lines (Vinalines) will maintain its controlling stake in major ports and divest from others as it targets increased efficiency and profitability of core services.
The Bank for Industry and Trade of Vietnam and Vietnam Prosperity Bank, strategic investors of Saigon Port JSC, asked to sell their holdings in the port at a recent shareholders general meeting.
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