VIETNAM LISTED AMONG WORLD’S TOP 10 EMERGING LOGISTICS MARKETS
Accordingly, China remained the world's leading emerging logistics market followed by India, while Indonesia ranked in third position. Qatar and Turkey ranked behind Vietnam in 9th and 10th position. Among ASEAN countries, Indonesia ranked third, Malaysia ranked fifth, Vietnam ranked 8th, Thailand ranked 11th, Philippines ranked 21st and Cambodia 41st.
HCM CITY DEVELOPERS MOVE TO PROVINCES ON CHEAPER PRICES, IMPROVING TRANSPORT INFRASTRUCTURE
While the HCM City housing market has gone quiet after the renewed outbreak of Covid-19, the market in neighbouring provinces like Đồng Nai, Long An and Bình Dương has seen robust growth this year, experts said.
MARITIME ADMINISTRATION TO INSPECT SHIPPING RATES HIKE
The Vietnam Maritime Administration (VMA) plans to set up a working group to inspect the hike in freight rates among shipping companies that have routes to Europe and America.
AIRPORT LOGISTICS COMPANIES REPORT PROFITS DESPITE COVID-19
Nội Bài Cargo Terminal Services (NCT) reported revenue in the fourth quarter of 2020 of VNĐ205.6 billion (US$8.9 million), an increase of 11 per cent over the same period last year.
GEMALINK INTERNATIONAL PORT WELCOMES FIRST COMMERCIAL VESSEL
The first phase of the Gemalink international port, which is located in the southern province of Ba Ria-Vung Tau, was put into operation with the welcoming of the first commercial vessel on January 19.
VIETNAM MAY HAVE 26 AIRPORTS BY 2030
Once the draft master plan on the development of the national airport network to 2030 with a vision to 2050 from the Civil Aviation Administration of Vietnam (CAAV) is approved, Vietnam will have 26 airports by 2030, 14 of which will be international airports.
NEW BRAND NAME VIMC AIMS FOR FUTURE GROWTH WITH PROFITABLE SEAPORT BUSINESS
After the transformation into a JSC with a new trading name and logo, the country’s shipping group Vietnam Maritime Corporation (VIMC) is setting sail towards the international market and sustainable development by focusing on a profitable seaport business.
AVIATION INDUSTRY FORECAST TO FACE A HARD YEAR IN 2021
With only domestic routes operating, the competition in the aviation industry next year will be fiercer. All aircraft are now converging on domestic routes to improve cash flow. Meanwhile, Vietjet Air has received 11 new aircraft, bringing the total number of aircraft in operation to 88. Bamboo Airways reduced two A320s but received four small aircraft E195, bringing its fleet to 26.
