Vietnamplus

The People’s Committee of the southern province of Tay Ninh has approved the investment policy for a port cluster project costing over 3.6 trillion VND (156.07 million USD) in Trang Bang district’s Hung Thuan commune.

Despite attracting 341 investment projects with 847.3 million USD in 2018-2020, Da Nang City has to cope with poor development of supportive industries and the skilled labour force for high-tech industries in its efforts to build the city into an investment hub in central Vietnam.

Cold storage might soon become a rising star in the logistic sectors, property market researcher Jones Lang LaSalle (JLL) Vietnam has said.

Vietnam will see strong growth in industrial property next year due to higher demand for industrial parks as business expand production or relocate out of China, according to Savills Vietnam.

The central city of Da Nang is aiming for the sea-based economy along with tourism and hi-tech industry to drive its growth over the next 25 years.

The 2019 International Port Infrastructure and Logistics Exhibition and Conference (Vipilec 2019), the first of its kind in Vietnam, is set to take place in Ho Chi Minh City from June 12 to 14.

The Ministry of Industry and Trade (MoIT) is aiming to raise Vietnam’s ranking in the World Bank’s Logistics Performance Index (LPI) by five to 10 places by 2025.

Vietnam was featured among the world’s top ten emerging markets by logistics industry performance.

As blockchain disrupts the banking and finance industry, experts urged caution was needed in its application together with a proper legal framework to limit risks and ensure development is on the right track.

The international manufacturing sector is moving to Vietnam and more FDI is flowing into the country, showing growing confidence among investors in the market.

After three months in operation, the Nam Dinh Vu container terminal (the first stage) has received 35 ships and handled 25,000 TEU in total, with an average crane productivity amounting to 50 moves per hour, a high productivity in the region.

Singapore’s Gemadept and Sao Do Group put Nam Dinh Vu port (the first stage) into operation in Nam Dinh Vu industrial park in the northern port city of Hai Phong on May 7.

Vietnam’s aviation sector must use advanced technologies such as e-commerce for its management, operations and business as it is a trend in global aviation transport, experts said in HCM City.

The DHL has launched direct Less Container Load (LCL) services connecting HCM City to Hamburg (Germany), Genoa (Italy) and Los Angeles (the US).