Want to be in the loop?
subscribe to
our notification
Business News
TRANSPORT TRADING FLOOR TO BE INTRODUCED
Commodities owners and service providers can purchase transport services on the floor, according to Binh.
Transport companies registering on the floor will be checked on capacity and prestige, as well as commitments on transport for good owners.
Their interests will also be ensured.
The floor is expected to help transport companies increase their transport capacity in two ways, which reduces the situation of running without goods when returning.
It is also easier for state agencies to manage and collect data of commodities.
The Directorate for Roads of Viet Nam worked with the Viet Nam E-commerce and Information Technology Agency on building contents to serve the setting up of legal documents.
The directorate also studied the transport trading floor of other countries.
Nguyen Van Thanh, chairman of the Viet Nam Automobile Transportation Association, said the trading floor was critical as many transport companies currently refused to publicise their data on commodity volumes, details on fee and transport capacity, which caused unhealthy competition.
Proposal sent
The Viet Nam Maritime Administration also sent a proposal to the Ministry of Transport for setting up a trading floor for maritime transport services to offset the ineffective business of the sector.
The administration expects to pilot the floor in 2017 if the Ministry approves the project.
The maritime transport trading floor is expected to lay the foundation for modern transport development, which will utilise information and technology to develop a logistics sector, increase connection between transport firms and commodities owners.
The current link between firms and commodities owners was ineffective, especially in international goods transport, Bui Thien Thu, deputy director of Viet Nam Maritime Administration said.
Source: VIR
Related News
![Card image cap](/uploads/Logo/Cathay%20%281%29.jpg)
EXPLORE HONG KONG WITH A COMPANION
From now until 19 August 2024, you can enjoy our exclusive Fly 2 Hong Kong offer on round-trip Economy flights from USD364^ for 2 persons, sponsored by Hong Kong International Airport. Bring along a travel buddy and experience together the excitement and charm of our vibrant home city.
![Card image cap](/uploads/news/Factory%201.jpg)
BUSINESSES INCREASE WISHES FOR SPECIALISED INDUSTRIAL PARKS
Data centres, industrial parks (IPs) reserved for high-tech production, and parks serving Chinese, the United States, Taiwanese, or Japanese investors are gradually being formed to welcome new funding waves, according to Truong An Duong, general manager of North Vietnam and Residential at Frasers Property Vietnam.
![Card image cap](/uploads/news/economic.jpg)
VIETNAM’S H1 ECONOMIC GROWTH QUITE IMPRESSIVE: ADB COUNTRY DIRECTOR
Country Director of the Asian Development Bank (ADB) for Vietnam Shantanu Chakraborty has expressed his impression of the Southeast Asian nation’s economic growth of 6.4 per cent in the first half of this year. The growth was mainly driven by strong trade recovery, where export grew by 14.5 per cent and import by 17 per cent over last year, he told the Vietnam News Agency. However, he said, the domestic segment remained sluggish.
![Card image cap](/uploads/news/Infrastructure13.jpg)
REAL ESTATE FIRMS AGGRESSIVELY RESTRUCTURING BOND DEBT
From the start of 2024 to July 5, the market saw 133 private placements and ten bond public offerings, totalling over VNĐ140 trillion. 65.6 per cent of this value was from the banking sector, while real estate bonds accounted for only 24.6 per cent, or over VNĐ34.5 trillion.
![Card image cap](/uploads/news/Eco2.jpg)
GOV’T UNVEILS ACTION PLAN TO ACCELERATE INDUSTRIALISATION
Vietnam aspires to become among the top three industrial powerhouses in ASEAN, with the industrial sector contributing over 40 per cent to GDP. The manufacturing and processing sector is expected to account for around 30 per cent of GDP, with a strong emphasis on high-tech products aiming for over 45 per cent of the sector's value. To further drive the economy, the service sector is projected to contribute over 50 per cent to GDP, with tourism alone generating 14-15 per cent.
![Card image cap](/uploads/news/Industrial%20Zone.jpg)
VIỆT NAM TARGETS FULL MOBILE BROADBAND COVERAGE ON HIGHWAYS, INDUSTRIAL ZONES BY 2025
By 2025, Việt Nam aims to achieve one hundred per cent mobile broadband coverage on all national highways, expressways and railways under a plan to enhance the quality of Việt Nam’s mobile telecommunications network by 2025, which has been approved by the Ministry of Information and Communications (MIC).