City
Epaper

Vietnam's port system able to handle world's largest ships

By IANS | Updated: July 26, 2024 19:20 IST

Hanoi, July 26 Vietnam's port system is now equipped to handle the largest ships in the world, attracting ...

Open in App

Hanoi, July 26 Vietnam's port system is now equipped to handle the largest ships in the world, attracting operations from 40 major international shipping lines, Vietnam News Agency reported Friday, citing the Vietnam Maritime Administration.

Out of the country's 34 ports, 30 are capable of accommodating large-tonnage vessels. Vietnam's three ports, Ho Chi Minh City, Hai Phong and Cai Mep-Thi Vai, are among the top 50 container ports globally by throughput, said the administration.

Le Do Muoi, the administration's director, was quoted as saying that accommodating large ships had significantly enhanced operational efficiency for shipping companies, Xinhua news agency reported.

This has reduced transport costs and increased the competitiveness of Vietnamese ports, thereby contributing to local and regional economic and social development.

Vietnam saw more than 427.64 million tonnes of cargo handled at ports in the first half of 2024, up 18 percent year-on-year.

Vietnam's cargo output through seaports is set to reach 1.2-1.4 billion tonnes by 2030, according to the Ministry of Transport.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

BusinessArtarium Launches a New Line of Luxury Decor, Thoughtfully Curated for Modern Homes

BusinessUnderstanding What Happens Inside India's Early-Grade Classrooms: National TLPS Report to Be Launched

BusinessHarshal Ghuge shines in India's triumph at the Roll Ball World Cup

ThaneThane : Fraudster Duped Elderly Man For Rs 23.5 lakh In Digital Arrest Scam

TechnologyAdani Foundation, Adani Electricity celebrate National Mathematics Day with students in Mumbai

International Realted Stories

InternationalResearch in Australia offers hope for preventing stillbirth through early detection

InternationalA Memory for life: Indian fans recall Lionel Messi's India visit

InternationalJaishankar to visit Sri Lanka as PM's special envoy amid cyclone Ditwah relief efforts

InternationalWorrying that Yunus is championing such a thought: Foreign affairs expert Robinder Sachdev on Bangladesh Chief Adviser's remarks on distancing from India

InternationalAnother student leader shot at in Bangladesh; condition critical