US TO APPROVE DIRECT FLIGHTS FROM VIETNAM
The United States’ Federal Aviation Administration (FAA) is expected to grant a Category 1 rating to Vietnam soon, allowing its airlines to fly to the US and codeshare with US carriers, according to the Strait Times.
QUẢNG TRỊ GETS PM APPROVAL FOR $614 MILLION PORT PROJECT
The central province of Quảng Trị is going to build a seaport at a cost of VNĐ14 trillion (US$614 million) at local Mỹ Thủy Beach in an attempt to boost development of the province’s key economic zone.
DA NANG GREENLIGHTS $606 MILLION LOGISTICS PLAN
The central city of Da Nang has approved a master plan for the development of its logistics infrastructure by 2030 with total investment of VND13.7 trillion (US$606 million).
START-UPS EMBRACE LOGISTICS SECTOR
The logistics sector has been the bottleneck for Việt Nam’s economic development, but offers plentiful opportunities for local startup companies with the application of technologies.
FEES OF SEAPORT SERVICES TO RISE NEXT YEAR
The Ministry of Transport has released the new fees for seaport services to be applied at local seaports, with many fees edging up by between 10% and 50%. The new fees will come into effect on January 1, 2019, Sai Gon Giai Phong newspaper reported.
BÀ RỊA-VŨNG TÀU TO DEVELOP LOGISTICS SECTOR
The southern province of Bà Rịa-Vũng Tàu has set a goal to develop logistics into a major service sector with a focus on seaport development. The Vũng Tàu Shipbuilding and Oil Services Joint-Stock Company will invest in the new logistics centre and container port.
“SIGNIFICANTLY LOWER” PORT CHARGES SET TO RISE
International shipping lines could face a 10 per cent increase in container handling service charges at ports in the northern region, starting from early 2019 under the Ministry of Transport’s latest proposals. However, many concerns over the possible logistics cost hikes have been raised. Bich Thuy reports.
DIRECTING FDI INTO LARGE TRANSPORT INFRASTRUCTURE PROJECTS
Policies are a leverage to stimulate foreign direct investment (FDI) flows into large transport infrastructure projects, such as North-South Expressway or Long Thanh International Airport.
