Want to be in the loop?
subscribe to
our notification
Business News
DONG NAI SETTING UP PLANS TO DEVELOP INTO REGIONAL LOGISTICS CENTRE
Dong Nai People’s Committee will invest in developing a port system to synchronise the transport infrastructure system, including expressways, roadways, and Long Thanh International Airport to become a logistics centre of the region.
According to the evaluation of the Department of Transport, the province’s seaport system is a collection of disconnected small-scale ports (only two of the 17 seaports have a scale of over 30 hectares while there are many ports which are only a few hectares) supported by weak connecting transport infrastructure.
The province currently has 17 operational seaports. According to the plan, the province will have 46 seaports, including 20 regular port and 26 special ports.
However, Dong Nai has been facing difficulties in mobilising capital to develop the seaport system.
According to the adjusted planning, there will be an additional five port clusters, one on the Dong Nai River, Viet Thuan Thanh, Vinh Hung, Phuoc Khanh – wharf 1, and Phuoc Khanh – wharf 3. In addition, four special seaport clusters will added, including three for gas and petrol and one for the wood sector.
Le Quang Binh, director of Dong Nai Department of Transport, the road traffic system to connect with seaports have numerous inadequacies. Dong Nai has a river system which can handle ships of a capacity of 30,000 tonnes, however, the road system has not been developed synchronously, making these seaports less attractive.
The province has great potential for seaport development. For example, Bien Hoa city and Long Thanh, Nhon Trach districts have river systems convenient for port development. All three localities are attracting the most dynamic industries in the province, which require ports for cargo shipment. However, development is quite slow as investment is still sporadic.
Some projects have been approved by the provincial People's Committee since 2002 and after 15 years, they have yet to be implemented. For example, COMECO petroleum port of Petroleum Materials JSC which covers an area of 20 hectares in Phu Dong and Phuoc Khanh communes (Nhon Trach district).
Source: VIR
Related News
DIGITAL TRANSFORMATION IN LOGISTICS – A KEY TO UNLOCKING SUSTAINABLE E-COMMERCE AND ECONOMIC DEVELOPMENT
Accelerating digital transformation in logistics is critical in order to promote the sustainable development of e-commerce, a conference on applying technology held by the Ministry of Industry and Trade heard on Thursday, as well as accelerating overall economic growth.
SOILBUILD EXTENDS ITS HORIZONS INTO VIETNAM INDUSTRIAL REAL ESTATE
Soilbuild Group, an integrated real estate group, has broadened its investment in industrial real estate to Vietnam through its Soilbuild International division. The official launch of Soilbuild International (Vietnam) took place in Hanoi on May 9th, 2024, and was attended by esteemed guests, including domestic and international partners.
SEMINAR: BUSINESS SPOTLIGHT - THE HONG KONG-INSPIRED PRESENCE NESTLED IN THE HEART OF HANOI'S EAST
16h00 - 18h00, Wednesday (May 22nd, 2024)Almaz Convention Center - Hanoi (GG map: https://maps.app.goo.gl/YtWyGgkiTwWvFnfX6)
VIETNAM SECURES REMARKABLE ECONOMIC SUCCESSES SINCE NATIONAL REUNIFICATION
Since the national reunification on April 30, 1975, Vietnam has obtained admirable economic achievements and is now on its way to become the 20th largest economy in the world. Back to 1975, Vietnam, torn by two major wars, was a backward economy dependent on agriculture and foreign assistance. Foreign loans and aid accounted for over 63 percent of its budget.
350 EXHIBITORS TO TAKE PART IN HCM CITY PAPER, COATINGS, RUBBER, PLASTIC EXPOS
They will have a total display area of 10,000sq.m, 30 per cent more than last year, and the participation of over 350 local and international exhibitors who will showcase thousands of products and technologies.
INT’L INVESTORS EYE VIETNAM’S DATA CENTER MARKET – REPORT
Vietnam’s data center market is increasingly attractive to foreign investors, driven by the country’s expanding digital economy, rising data consumption, and supportive government policies, said a new report by JLL. While Vietnam’s data center sector has traditionally been dominated by local telecommunications companies, global players are now entering the market.