WB releases reports on VN’s logistics, waterway transport
The World Bank released findings from its study on Vietnam’s l ogistics
and inland waterway transport in Hanoi on January 7.
The World Bank released findings from its study on Vietnam’s l ogistics
and inland waterway transport in Hanoi on January 7.
Addressing the launch ceremony, World Bank Country Director Victoria Kwakwa said as Vietnam is integrating into the world economy and facing climate change risks such as rising sea level and unpredictable weather, a more sustainable and effective use of inland water transport and coastal shipping is expected to help increase competitiveness while controlling greenhouse gas emissions.
The report “Efficient Logistics” looks at how competitive transport and trade logistics can become a new driver of sustained growth through their positive impact on productivity and their direct influence on business competitiveness.
It says while Vietnam has attained a strong track record in economic growth over the past 20 years, the drivers that fuelled that growth are rapidly depleting, making it critical to develop new drivers of growth going forward.
The report “Facilitating Trade through Competitive, Low Carbon Transport” examines Vietnam’s inland waterway transport and coastal shipping sector, which are facing significant under-investment in terms of both capital and maintenance expenditures.
It argues that promoting waterborne transport will bring about significant economies of ship size, lowering emissions of pollutants and greenhouse gases, as well as other intra-sectoral benefits.-VNA
Addressing the launch ceremony, World Bank Country Director Victoria Kwakwa said as Vietnam is integrating into the world economy and facing climate change risks such as rising sea level and unpredictable weather, a more sustainable and effective use of inland water transport and coastal shipping is expected to help increase competitiveness while controlling greenhouse gas emissions.
The report “Efficient Logistics” looks at how competitive transport and trade logistics can become a new driver of sustained growth through their positive impact on productivity and their direct influence on business competitiveness.
It says while Vietnam has attained a strong track record in economic growth over the past 20 years, the drivers that fuelled that growth are rapidly depleting, making it critical to develop new drivers of growth going forward.
The report “Facilitating Trade through Competitive, Low Carbon Transport” examines Vietnam’s inland waterway transport and coastal shipping sector, which are facing significant under-investment in terms of both capital and maintenance expenditures.
It argues that promoting waterborne transport will bring about significant economies of ship size, lowering emissions of pollutants and greenhouse gases, as well as other intra-sectoral benefits.-VNA
You should also see
Cam Lam - Vinh Hao Expressway to help drive south-central region's economy
The 78.5km Cam Lam - Vinh Hao Expressway, one of the three sub-projects of the North - South Expressway project’s eastern wing, officially opened to traffic on April 26.
See more
Business
Long An, Japan's Okayama city explore cooperation opportunities
Leaders of Vietnam’s southern Long An province and Japan’s Okayama city engaged in a dialogue on April 26 to discuss cooperation between the two localities.
Business
Investor confidence gains traction on improved business climate
Better investment climate, with simplified administrative producers and special incentives, has helped improve investor confidence, thus catalysing investments from a wider pook of both domestic and international investors for socio-economic development.
Business
Vietnam’s rice exports may exceed 2024 target
With positive results recorded so far, Vietnam can exceed its target of 7.6 million tonnes in rice export volume set for 2024, Nguyen Ngoc Nam, Chairman of the Vietnam Food Association, said at a conference in the Mekong Delta city of Can Tho on April 26.
Business
Ample room for Quang Ninh to attract FDI
The northeastern province of Quang Ninh has ample room to attract foreign direct investment (FDI) and realise the goal of attracting 3 billion USD in FDI this year and 10 billion USD in the 2020-2025 period.
Business
Long An, Dong Nai introduce strengths in RoK
The southern province of Long An and Dong Nai introduced their investment climate as well as socio-economic development orientations at an investment promotion conference held in the Republic of Korea (RoK) on April 26.
