Much more space to create Vietnam’s international shipping and delivery fleet

The potential is terrific, but the enhancement and operation of Vietnamese cargo delivery has not been commensurate with the part and placement of the country.

In the job to create Vietnam’s worldwide transport fleet by the Vietnam Maritime Administration (Ministry of Transportation), the administration said that the country’s seaport procedure in the latest years has produced somewhat synchronously and modernly and is ready to welcome some of the world’s major ships.

Nonetheless, containers of merchandise imported and exported to/from Vietnam are mostly taken care of by foreign transport traces, specially on lengthy-distance sea routes from/to made nations these as Europe and the US.

The domestic fleet now mainly undertakes domestic transportation and short intercontinental routes in Asia. The intercontinental shipping and delivery market place share of Vietnam’s shipping and delivery fleet has been on a downward craze in modern decades.

The fleet structure is not as very good as it could be with generally small tonnage ships carrying dry and bulk cargo. There is a lack of container ships and huge tonnage ships running on international routes.

There were being 1,502 ships less than the Vietnamese flag (excluding information of ships under design) as of December last calendar year, with a full tonnage of about 7.15 million GT and 11.7 million DWT.

The selection of ships ranged from 1,000 to above 1,200 ships in the 2016-2020 time period.

The number of ships has reduced by more than 200 final calendar year when compared to 2016, equivalent to a minimize of 17.2 p.c.

As opposed with the 2010-15 interval, Vietnam’s transportation fleet has diminished by about 400 ships. Having said that, the full tonnage of the transportation fleet grew by over 6 percent.

On the basis of the circumstance of the intercontinental transport industry and the development craze of items as a result of Vietnam’s seaports more than the years, the maritime administration demonstrates that there is a big likely for building an intercontinental transport fleet.

On the other hand, Vietnamese delivery enterprises’ enhancement and operation have not been commensurate with the function and place of the country.

The Vietnam Maritime Administration proposed several remedies to build Vietnam’s delivery in the 2021-2026 interval, with a eyesight for 2030.

Appropriately, the initial is to renovate mechanisms and reform administrative processes, building a steady and favourable authorized corridor to assist businesses to operate efficiently.

With regards to the money option, ship homeowners should really be allowed to not shell out VAT when importing ships to transport items for Vietnamese products entrepreneurs until finally the end of 2026 exempt import tax and reduce 50 p.c of tonnage costs when ship proprietors obtain and operate container ships of 1,500 TEUs or much more or ships powered by clear energy and LNG carriers.

The Condition Bank of Vietnam has a coverage that lets Vietnamese ship homeowners who have ships operating on global routes with international forex profits to be authorized to borrow overseas currency to invest in obtaining ships.

An additional important option is to enhance the high quality of crew members. The Vietnam Maritime Administration endorses calling for personal expense in human resource training, together with domestic and foreign coaching.

There are procedures and special incentives for workforce of the transport industry in buy to stimulate workers to stick with the operate for a prolonged time.

Speaking at a seminar on establishing the Vietnamese worldwide shipping and delivery fleet last week, Deputy Minister of Transport Nguyen Xuan Sang stated that the ministry experienced been finishing a challenge to create the Vietnamese global transport fleet with numerous synchronous methods and a precise roadmap to submit to the Governing administration to facilitate the improvement of not only the worldwide shipping fleet but also the domestic fleet.

The deputy minister affirmed that he would proceed to assemble recommendations and views from organizations and associations to entire this vital challenge in depth./.
Source: VNA