Business News

[11-05-2016] Cat Bi airport in northern Hai Phong city  became an international airport from May 11 after going through upgrades. The Ministry of Transport has recently recognized that Cat Bi airport is qualified for international flights after the first phase of upgrading. So far, the airport servers both civil and military planes.

[18-04-2016] Nha Trang Port JSC has received a licence to revive Van Phong Port in the central province of Khanh Hoa, which stalled several years ago after the original investor ran out of funds. Hoang Dinh Phi, deputy head of the Van Phong Economic Zone – where the port will come up – said an investment certificate has been issued for the VND417 billion (US$18.7 million) first phase of the port.

[18-04-2016] Maersk Line launched a direct service connecting Vietnam’s southern coast province of Ba Ria-Vung Tau and the East Coast of the United States late last week. Arthur Maersk was the first container ship that docked at the Tan Cang-Cai Mep port of Saigon Newport Corporation (SNP) last Friday.

[30-03-2016] The Ministry of Finance will co-ordinate with the Ministry of Transport and Hai Phong Port authority to deal with containers that are lying unused at Hải Phòng Port by the end of April. Cao Trung Ngoan, deputy general director of Hai Phong Port, said nearly 1,000 containers, filled with goods subject for re-export, mostly used tyres, have been left at the port for months.

[26-02-2016] The HCMC Department of Transport on Thursday started issuing driver’s licenses for Vietnamese nationals and expatriates for use in 73 countries and territories including Germany, France and Russia.

[22-01-2015] Cai Mep-Thi Vai port complex in Ba Ria-Vung Tau Province has operated inefficiently due to underdeveloped infrastructure, logistics shortcomings and competition from ports in HCMC and Binh Duong Province.

[19-01-2016] Vietnam’s evolving economy needs new strategies to maintain strong growth, and a World Bank report calls for the government to work with private sector importers, exporters and transport companies to improve freight logistics.

[12-01-2016] The Vietnamese government need to work together with private sector importers, exporters and transport companies to improve freight logistics if the Southeast Asian country is to maintain its current rate of growth, according to the World Bank report released last week.