Seaport industry – Good news from the policy but more time needed for the wave of recovery in commodity trade demand in 2024
- The Ministry of Transport has issued Circular 39/2023/TT-BGTVT, announcing the approval of an increase in container handling fees on 25/12/2023, and implementing them from 15/02/2024.
- Accumulated 11M2023, the estimated value of container via sea ex-im of goods were USD 181 billion (-5% YoY) and USD 121 billion (-15% YoY), respectively.
- Accumulated 11M2023, total nationwide container throughput was 21.5 million TEUs (-6% YoY). In which, the container throughput in Hai Phong and Vung Tau regions were 5.6 million TEUs (-1% YoY) and 4.4 million TEUs (-8% YoY), respectively.
- For 2024, the demand for ex-im may not recover strongly as leading indicators do not yet show convincing signs
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