IPS WITH SEAPORTS WILL HAVE THE ADVANTAGE IN ATTRACTING NEW-GENERATION FDI FLOWS
The COVID-19 pandemic affected global supply chains and the transport industry, especially aviation, was disrupted, thus shipping took the throne. Meanwhile, new developments from free trade agreements are creating new opportunities for Vietnam's industrial real estate market.
HCM CITY LOGISTICS ASSOCIATION COMES INTO BEING
Vice Chairwoman of the municipal People’s Committee Phan Thị Thắng said HCM City views logistics as a main artery of its economy. Given this, the establishment of a logistics association in the city is an urgent need so that it can serve as the mouthpiece for local logistics businesses and accompany the city in future logistics development projects.
VIET NAM BOASTS STRONG EXPORTS TO CPTPP COUNTRIES IN FIRST-HALF OF 2021
Việt Nam's export turnover in July to countries in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), reached US$3.98 billion, a 0.79 per cent increase from June and a 21.64 per cent increase from the same period last year.
AVIATION AUTHORITY PUTS FORWARD DOMESTIC FLIGHT RESUMPTION PLAN
The Civil Aviation Authority of Viet Nam (CAAC) has put forward a plan on resumption of domestic flights in three phases. The COVID-19 adaptive plan was designed to ease difficulties against domestic airlines and boost economic recovery for localities.
GEMADEPT REPORTS POSITIVE RESULTS BUT NEGATIVE FINANCIAL CASHFLOW
Gemadept Corporation, the owner of the largest Gemalink deep-water port in Vietnam, reported positive business results but negative cashflow in the first seven months of 2021.
CAT LAI PORT REPORTS DROPPING REVENUE WHILE FACING OVERLOAD IN H1
In the second quarter, the company gained a net revenue of VND66.4 billion ($2.89 million) and after-tax profit of VND19 billion ($826,090), respectively down 18 and 29 per cent on-year. Gross margin was down 2 per cent to 40 per cent.
HCM CITY PORT STOPS RECEIVING IMPORTS AS CONTAINERS PILE UP
Tân Cảng - Cát Lái Port in HCM City’s newly created Thủ Đức city will temporarily stop accepting imports by businesses that have suspended production so that it can clear a huge backlog of containers that have piled up.
HCM CITY PLANS TO REPLACE TRƯỜNG THỌ PORT WITH NEW ICD
HCM City authorities are working on a new inland container depot (ICD) to be built in Long Bình Ward, District 9, to replace the existing Trường Thọ Port complex in Thủ Đức District.
