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Ports
Vietnam ports box throughput surges 21pc in H1
Date:2021-07-29 Readers:
PORTS in Vietnam handled more than 14.7 million TEU in the first six months of 2021, an increase 0f 21 per cent over the same period last year, according to Hoang Hong Giang, deputy director of the Vietnam Maritime Administration (VMA).

Export cargo totalled 4.8 million TEU, achieving a growth of 20 per cent while import volume grew 21 per cent to total more than 4.7 million TEU, Mr Hoang said, reports Seatrade Maritime News, Colchester, UK.

The volume of freight cargo through Vietnam's seaports so far this year reached more than 425 million tonnes, an increase of 6 per cent, compared to the same period in 2020, despite the impacts of Covid-19. Export cargo totalled around 106 million tonnes in the same period, increasing 9 per cent, year on year.

Mr Hoang added that in the period under review, goods transshipped within the country reached about 184 million tonnes, equivalent to a 7 per cent increase compared to the same period of the previous year.

VMA statistics show that this year several seaports in Vietnam experienced large increases in containerised cargo volume such as Thai Binh (65 per cent), Dong Thap (56 per cent), Quang Ngai (38 per cent), Hai Phong (16 per cent) and Ho Chi Minh City (9 per cent).

According to the Vietnam Maritime Corporation (VIMC-former Vinalines), seaports under the corporation's management handled 67 million tonnes of cargo in the first half of the year and recorded revenues of more than VND4.5 trillion (US$196 million), a year-on-year increase of 124 per cent. Seaports earned pre-tax profits of over $42.9 million in the first half of the year, double that of the same period in 2020.

After prolonged loss-making, VIMC's shipping division has started making profits. The successful securing of lease contracts for numerous ships and a five-fold increase in freight rates for the Eurasian maritime route also contributed to the profit.

VIMC chairman Le Anh Son said the volume of transported goods will be negatively affected in the second half of the year because of the current Covid-19 outbreak in the south, where key economic and industrial zones are located.

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