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More room to develop Vietnam’s international shipping fleet

by 198 Vietnam News
May 31, 2022
in VIETNAM EU NEWS
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The potential is nice, however the improvement and operation of Vietnamese cargo transport has not been commensurate with the position and place of the nation.

Within the venture to develop Vietnam’s worldwide transport fleet by the Vietnam Maritime Administration (Ministry of Transport), the administration mentioned that the nation’s seaport system lately has developed comparatively synchronously and modernly and is ready to welcome a number of the world’s largest ships.

Nevertheless, containers of products imported and exported to/from Vietnam are primarily dealt with by international transport strains, particularly on long-distance sea routes from/to developed nations comparable to Europe and the US.

The home fleet at the moment primarily undertakes home transportation and quick worldwide routes in Asia. The worldwide transport market share of Vietnam’s transport fleet has been on a downward pattern lately.

The fleet construction is not so good as it might be with primarily small tonnage ships carrying dry and bulk cargo. There’s a lack of container ships and enormous tonnage ships working on worldwide routes.

There have been 1,502 ships below the Vietnamese flag (excluding knowledge of ships below building) as of December final yr, with a complete tonnage of about 7.15 million GT and 11.7 million DWT.

The variety of ships ranged from 1,000 to over 1,200 ships within the 2016-2020 interval.

The variety of ships has decreased by over 200 final yr in comparison with 2016, equal to a lower of 17.2 p.c.

In contrast with the 2010-15 interval, Vietnam’s transport fleet has decreased by over 400 ships. Nevertheless, the entire tonnage of the transport fleet grew by over 6 p.c.

On the idea of the scenario of the worldwide transport market and the expansion pattern of products by way of Vietnam’s seaports through the years, the maritime administration reveals that there’s a large potential for creating a world transport fleet.

Nevertheless, Vietnamese transport enterprises’ improvement and operation haven’t been commensurate with the position and place of the nation.

The Vietnam Maritime Administration proposed many options to develop Vietnam’s transport within the 2021-2026 interval, with a imaginative and prescient for 2030.

Accordingly, the primary is to renovate mechanisms and reform administrative procedures, making a steady and beneficial authorized hall to assist companies to function successfully.

Relating to the monetary answer, ship homeowners ought to be allowed to not pay VAT when importing ships to move items for Vietnamese items homeowners till the top of 2026; exempt import tax and scale back 50 p.c of tonnage charges when ship homeowners purchase and function container ships of 1,500 TEUs or extra or ships powered by clear vitality and LNG carriers.

The State Financial institution of Vietnam has a coverage that enables Vietnamese ship homeowners who’ve ships working on worldwide routes with international foreign money income to be allowed to borrow international foreign money to put money into shopping for ships.

One other vital answer is to enhance the standard of crew members. The Vietnam Maritime Administration recommends calling for personal funding in human useful resource coaching, together with home and international coaching.

There are insurance policies and particular incentives for workers of the transport trade to be able to encourage staff to stay with the work for a very long time.

Talking at a seminar on creating the Vietnamese worldwide transport fleet final week, Deputy Minister of Transport Nguyen Xuan Sang mentioned that the ministry had been finishing a venture to develop the Vietnamese worldwide transport fleet with many synchronous options and a selected roadmap to undergo the Authorities to facilitate the event of not solely the worldwide transport fleet but in addition the home fleet.

The deputy minister affirmed that he would proceed to collect options and opinions from companies and associations to finish this vital venture intimately./.
Supply: VNA



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