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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
28.9 C
Ho Chi Minh City
Friday, April 4, 2025

Cargo throughput declines at Vietnam’s seaports

By T.Dao

Must read

HCMC – Vietnam’s seaports saw an 8% year-on-year decrease in cargo throughput in the first five months of this year, reported the Vietnam Maritime Administration.

Between January and May, a total of 9.71 million twenty-foot equivalent units (TEUs) of cargo were handled at seaports nationwide. The overall cargo throughput during this period reached 296.1 million tons, down 3% compared to the year earlier.

Imported cargo volume slid by 3% to 84.4 million tons and export volume edged down by 7% to 71.7 million tons. The transportation of domestic products through local seaports reached 140 million tons, a slight 2% decrease.

In May alone, goods throughput at the country’s seaports inched down by 3% to 63.3 million tons. The total volume of cargo handled was over 2,000 TEUs, a 7% drop.

Most seaports across the country experienced a decline in goods throughput, particularly those in Bia Ria-Vung Tau Province, HCMC and Haiphong City. Ports in provinces such as Thai Binh, Quang Ngai and Binh Dinh reported significant drops ranging from 23% to 51%.

For the first half of 2023, cargo throughput in the country is projected to fall by 7% year-on-year.

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