Vietnam's VMA to support bizs shipping containers to Europe, Americas

25 Jan '24

2 min read

Pic: Adobe Stock

Insights

The Vietnam Maritime Administration has been asked by the transport ministry to back businesses facing a rise in cost of container shipping services to Europe and Americas due to conflicts in the Red Sea.
It was asked to find mechanisms to attract container shipping firms to open new routes to Vietnam, and reduce and simplify administrative procedures.

The Vietnam Maritime Administration (VMA) recently received an official dispatch from the transport ministry in which the latter sought support for businesses facing an increase in cost of container shipping services to Europe and the Americas.

The routine transport route from Asia to Europe goes via the Red Sea and the Suez Canal. However, due to conflicts in the Red Sea zone since the end of last year, shipping companies have had to change routes.

The ministry asked VMA to preside and coordinate with relevant agencies and units to ensure a smooth seaport system nationwide, create favourable conditions for the transportation of import and export goods, and deploy solutions to improve the efficiency of maritime infrastructure.

VMA was asked to accelerate port entry and exit procedures and loading and unloading of goods, especially to the Americas and Europe.

It was also tasked with asking shipping lines that have transport routes to the Americas and Europe to maintain routes and add berths and container shells to Vietnam.

The ministry assigned VMA to find policy mechanisms to attract container shipping companies to open new routes to Vietnam, and reduce and simplify administrative procedures, especially those related to ship operations, according to a report in a domestic media outlet.

Fibre2Fashion News Desk (DS)

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