The fee for loading and unloading goods that Vietnamese seaport enterprises get paid is only 1/3 of the cost that shipping lines collect from shippers - the lowest among Southeast Asian countries.
This information was shared by Mr. Le Quang Trung - Vice President of Vietnam Logistics Association (VLA) at the Passport Logistics conference in Ho Chi Minh City.
Mr. Trung cited that the surcharge for handling at the port, also known as the THC (terminal handling charge) is being collected by international shipping lines at the rate of $140 per 20-foot container. However, the shipping lines only pay Vietnamese seaport enterprises for which directly lifting and lowering containers about 52 USD, accounting for 37% of the cost of the total amount they have collected from shippers. This rate is relatively low in in Southeast Asia, as port businesses in Cambodia are paid up to 90 USD, Singapore is 115 USD per container.
"This is really a disadvantage for Vietnamese businesses because they have had to invest hundreds of millions of dollars in wharfs, but their gains are too low. Therefore, the Government is studying to raise the floor fees at Vietnamese seaports ", Mr. Trung said.
In addition to the loss of container lifting fees, Mr. Trung said that the long customs clearance time is also causing difficulties for logistics businesses. In particular, complicated domestic port transfer procedures are time consuming and costly for businesses.
Sharing the same view, Mr. Nguyen Ngoc Thuyen, representative of the Global Supply Chain Passport (WLP) organization, said that customs clearance time at Vietnam's seaports is sluggish, taking an average of 52 hours.
Source: https://vnexpress.net/phi-xep-do-hang-hoa-tai-cang-viet-nam-thap-nhat-dong-nam-a-4576342.html
A quarter-mile white steel tube running alongside a railway line in the windswept northern Netherlands could usher in a new era in the transportation of people and freight.
According to the development awaiting the approval of the EU, Turkey's leading logistics company Ekol Logistics is being transferred to Denmark-based DFDS.
The pharmaceutical supply chain has faced significant disruptions, compounded by the challenges posed by the Covid-19 pandemic. Transporting vital pharmaceutical products,...
DREWRY’S World Container Index decreased by 1% to US$2795 per 40-foot container this week. The composite index has increased by 64% when compared with the same week last year...
The latest CPI inflation data showed a larger than expected rise led by services, but on the goods side of the economy, trade data is also showing a recent increase in U.S....
Yet another shuffle in shipping airline sales: CMA CGM Air Cargo, which divorced from AF-KLM last month, has returned to the ECS group to help commercialise its operations....
Biggest price action was from India with large increases to Europe and US as well as from Bangkok & Vietnam to Europe
Vietnam’s Ministry of Transport (MOT) has recently announced a list of 14 inland ports. This includes the addition of 3 new inland ports: Thanh Phuoc, Nam Dinh Vu (phase 1),...
Global air cargo market demand rose +11% year-on-year for a third consecutive month in March as buoyant e-commerce volumes and concerns over the impact of conflict in the...
All air cargo block service agreements (BSAs) from Asia to the US and European Union for this year have been sold out as the ongoing surge in demand for e-commerce floods...
ALS