Vietnamplus

The sharp rise in gasoline prices is pushing up transport costs and thus fares, bus operators said.

Maritime transport costs have skyrocketed in recent months as the impact of the COVID-19 pandemic takes its toll, pushing import-export companies into a lot of difficulties.

Seaport enterprises have proposed raising stevedoring service costs by 10 percent in 2021 and 2022, saying it is necessary for them to reinvest in infrastructure and improve service quality.

Binh Duong province is studying a project to build a railway route that would extend from the province to Ho Chi Minh City and Dong Nai and Ba Ria-Vung Tau provinces to transport goods in the southern key economic region.

The poor logistics services in the Mekong Delta have pushed up the costs of export goods, especially farm produce, and caused great losses to export firms, it was reported at a workshop in Can Tho city on April 23.

An inauguration ceremony was held for the Vinh Tan international seaport in Vinh Tan commune, Tuy Phong district, the southern province of Binh Thuan on April 20.

The consumer price index (CPI) of Ho Chi Minh City in November fell 0.25 percent against the previous month but increased 2.98 percent year-on-year, announced the city’s Department of Statistics on November 29.

The consumer price index (CPI) of Hanoi saw a decrease of 0.26 percent in November against the previous month and down 4.17 percent year-on-year, announced the city’s Department of Statistics.

Logistics costs amount to 20.9 percent of Vietnam’s gross domestic product (GDP), impeding the country’s competitive edge, according to experts.

Enterprises providing transport services and construction materials planned to increase charges following an increase in fuel prices on the domestic market recently.

Agreements on wellhead gas prices and transport costs for Block B – O Mon gas project were signed in Hanoi on September 1.

The collapse of the Ghenh Bridge that shut down the North-South railway left businesses struggling with a big surge in transport costs.