Conglomerate Vingroup JSC plans to earn VNĐ145 trillion (US$6.2 billion) in revenue this year, up 12 per cent year-on-year.
Vietnam National Shipping Lines (Vinalines) has announced its growth targets for 2020, a year set to feature various difficulties.
Competition between seaports is set to increase in 2020 when more ports open.
Việt Nam’s ports and shipping industry is more than sufficient to meet the country’s demand in import-export activities.
The Vietnamese port industry needs further investment to keep pace with the country’s rapid economic growth and reduce logistic costs for businesses.
Nearly VNĐ7 trillion (US$300.8 million) will be invested on building two international container terminals in the northern city of Hải Phòng’s Lạch Huyện Port next year.