Thousands of containers containing recyclable and used materials are piling up at seaports in the localities of Hải Phòng, HCM City and Bà Rịa–Vũng Tàu, reducing the productivity and efficiency of ports’ operations and negatively affecting the import-export activities of Vietnamese enterprises. According to the report issued by the Việt Nam Maritime Administration, by the end of May, nearly 28,000 containers were stuck at seaports, including nearly 6,800 containers in Hải Phòng City ports, 14,600 in HCM City and about 6,500 in Bà Rịa–Vũng Tàu Province. The main causes, the administration supposes, are changes in international trade policies which create uncertainties in the market forecast. China, for example, announced to stop importing 24 types of used and recyclable materials from January, 2018. The huge amount of those goods has to find its own way to other Asian countries including Việt Nam.
WORLD SHIPPING
18 June 2018 - 10:42
Thousands of containers lying at Vietnam's seaports
Thousands of containers containing recyclable and used materials are piling up at seaports in the localities of Hải Phòng, HCM City and Bà Rịa–Vũng Tàu, reducing the productivity and efficiency of ports’ operations and negatively affecting the import-export activities of Vietnamese enterprises
WORLD SHIPPING
18 June 2018 - 10:42
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