First int’l standard cold storage comes to central Vietnam

VietNamNet Bridge - Reports by Vietnamese and international institutions have all pointed out that Vietnam’s logistics industry is weak in competitiveness. A report of FTI Logistics Corporation showed Vietnamese logistics firms account for 80 percent of total firms in the field in Vietnam. However, they only provide simple services within the Vietnamese territory, while transnational services must be undertaken by international conglomerates. According to the Vietnam Logistics Association (VLA), Vietnam’s logistics industry could take full advantage of FTAs and bustling import/export activities, but it has been growing by 20 percent only per annum, while a two-digit growth rate would be maintained in the next 5-10 years. Vietnam’s logistics industry could take full advantage of FTAs and bustling import/export activities, but it has been growing by 20 percent only per annum, while a two-digit growth rate would be maintained in the next 5-10 years. According to the World Bank, Vietnam’s logistics now ranks 64th out of 160 countries in the world. The fall in grade is attributed to low capacity, poor infrastructure and limitations in technology application. A survey by the Institute for Economics & Development Research, an arm of the Hanoi Economics University, found 54.7 percent of logistics firms lack professional staff and the capability of managing works with IT apps. Regarding transport infrastructure, experts emphasized the lack of connection between seaport and road systems, between railway and post-seaport supporting services, and the lack of logistics centers located in advantageous positions in key economic zones which can serve as points…... [read more]

Can Tho looks to become logistics center in Mekong Delta Trung Chanh CAN THO – Can Tho City has singled out three locations and one of them will be selected to develop a logistics center and make it the biggest in the Mekong Delta in the coming time. Nguyen Quang Vinh, head of the trade management division at the municipal Department of Industry and Trade, told a meeting on December 20 that three businesses had shown keen interest in building a logistics system for the city. They are HCMC-based Long Thinh Co Ltd., Genuine Partner Group, and Thai Binh Province-headquartered TBS Group. Vinh was speaking at a meeting between the Can Tho government and relevant departments and agencies to discuss a plan to set up the logistics center. He said three places in Cai Rang District are suitable to develop this center, including a 74-hectare site at Cai Rang industrial and urban area, a 120-hectare site at Cai Cui Port and another covering 75.8 hectares at Hung Phu 1 Industrial Park. The city has not decided on one. Nguyen Tan Duoc, director of the Can Tho Department of Construction, said the city must collect data and consider cargo transport demand now and in the future before selecting a location for the logistics center to avoid wastefulness. Truong Quang Hoai Nam, vice chairman of Can Tho City, ordered relevant departments and agencies to review changes in land planning to clarify if the conversion of an industrial location into a logistics center…... [read more]

The People’s Committee of Khanh Hoa province is planning to build south- central fisheries logistic center with total investment capital of over VND 1,230 billion. The center will become the biggest modern fishing port in the central region if it puts into operation. The construction project covers over 65 hectares of land at Da Bac fishing port in Cam Ranh city. Expansion of the Da Bac fishing is a part of the complex construction project with VND 274 billion capital allocated from the state budget and loaned from the Japanese government. At the beginning this month, a delegation of French Development Agency (AFD) surveyed position of the project and agreed to provide VND 423 billion for the investment. According to the Department of Agriculture and Rural Development of Khanh Hoa province, the south- central fisheries center could receive around 120,000 tons of seafood at the Da Bac port after it will put into operation in 2018. Besides that, it will respond travelling conditions for big fishing ships with a capacity of 2,000 CV, and will be a safe place for over 2,000 fishing vessels in the stormy and rainy season.... [read more]

“Can Tho gao trang nuoc trong” (Can Tho is characterised by white rice, clear water). This saying more or less tells of the richness endowed by nature on Can Tho called “Tay Do” (western city), namely the capital of Western Cochinchine. Nowadays, in addition to its natural and cultural potentials bearing deep imprints of Cochinchine crisscrossed with rivers and canals, Can Tho vigorously steps up its economic development in various forms, becoming a large economic and industrial hub, linking with the Mekong River delta provinces in many aspects. To the land of “white rice and clear water” Early in the morning, Yolanda Martinez and Marcelo Loper, two Spanish tourists, and their guide, left their hotel, boarding a native’s small boat to Cai Rang Floating Market known so far and wide in Western Cochinchine that everyone who comes to Can Tho also wishes to go there at least once. Cai Rang floating market is a fruit and farm produce wholesale market of the Mekong River delta region. It is held on the Cai Rang River at a section near Cai Rang bridge, which is some 6km by land from Can Tho City and about 30 minutes by boat from Ninh Kieu wharf. In the early morning, the market bustles with buyers and sellers, small boats fully loaded with fruits and agricultural products moving to and fro, with noises from boats, and the announcements of one’s wares and calls to each other. floating market. Photo: Trong Chinh/VNP All trade activites take place…... [read more]

The evaluation council of the Cai Mep Downstream Logistics Center has selected a project from Japan’s Nippon Koei Company Limited, a consultant joint venture company, for the project’s construction in southern Ba Ria-Vung Tau province. “The design option by the Japanese consultant is considered the most optimal and will be submitted to the Provincial People’s Committee for approval shortly,” Mr. Huynh Xuan Vinh, Head of the Economic Development and Investment Division at the provincial Department of Planning and Investment (DPI) told VET on November 22. It is also the most practical and feasible option, according to the evaluation council. The project is based on the principles of preserving the existing ecosystem and a scenario of 3 billion TEU of cargo passing through the Cai Mep Downstream Logistics Center by 2030. Total investment is forecast at around $1.35 billion. Master planning for the development of logistics services has been created by Ba Ria-Vung Tau province with a scale of more than 1,000 ha, including plans and seeking investment in a logistics center covering about 800 ha at Cai Mep Port. The province targets becoming a national and international cargo transshipment center and will create favorable conditions for trade, investment and the efficient operation of seaports, reducing costs and improving national competitiveness. The Cai Mep Downstream Logistics Center includes a deep-water seaport, covering about 100 ha, a wharf of 1,800 meters able to berth 100,000 DWT vessels, and the logistics center. The province has also proposed five investment models for the logistics…... [read more]

Saigon Newport opens ICD in Dong Nai By Quoc Hung - The Saigon Times Daily HCMC - Tan Cang - Long Binh ICD Joint Stock Company, an arm of Saigon Newport Company, last week inaugurated Tan Cang - Long Binh ICD customs clearance point in the southern province of Dong Nai. The depot is comprised of a container yard of 23 hectares, warehouses of all kinds on an area of 50 hectares, and offices and service area over seven hectares, said Pham Van Long, director of Tan Cang- Long Binh ICD Joint Stock Company. He said Tan Cang -Long Binh ICD would be the first ICD in Vietnam applying E-customs procedures. The new ICD offers easy traffic access, he said. "The new ICD is accessible to national highways No. 1 and No. 51, to the ports along the Dong Nai River and to Binh Duong Province by waterway as well as to the national railway. The ICD and other facilities have created a perfect logistic network available for the receipt and delivery of cargoes in HCMC, Dong Nai, Binh Duong and Ba Ria-Vung Tau provinces," he said. The ICD will help meet a recent surge in demand, especially when deepwater seaports in the Thi Vai-Cai Mep area in Baria-Vung Tau have started operation since June 2009. Many international shipping lines have plans to transport import-export cargo directly form Vietnam to the U.S. or Europe instead of going through other transshipment hubs in Singapore, Hong Kong, Taiwan and Korea. Therefore big…... [read more]

Damco opens logistics center in Binh Duong By Dinh Dung - The Saigon Times Daily HCMC – The Danish-invested freight forwarding service provider Damco on Wednesday opened a new logistics center in the southern province of Binh Duong to capitalize on the increasing need for cargo services of exporters. The company, an independent business activity of A.P. Moller - Maersk Group, has spent some US$4 million to develop within eight months the first phase of the multipurpose logistics center covering 26,000 square meters in Di An District in the province, some 30 kilometers from HCMC. The facility will offer integrated logistics solutions including container freight station (CFS), bonded warehouse and general cargo warehouse services. In terms of CFS cargo, the logistics center can have total annual capacity of up to one million cubic meters. “With this new facility, our customers will have greater flexibility in managing fluctuations in demand for warehousing,” Narin Phol, country manager for Damco in Vietnam, said in a statement. He said the distribution center would help customers reduce the total logistics cost to Cai Mep Seapor. It also offers multipurpose warehousing for exporters to access inland container depots and barge connectivity. With this new logistics center, Damco has increased the number of its warehouse facilities in Vietnam to nine, and it targets to develop the new facility into an international cargo hub, linking the Indochina region through its cross-border solutions. Damco currently provides international freight forwarding and supply chain management services with some 270 offices around…... [read more]

C.T Land, Korean firm cut deal to develop logistics By Dinh Dung - The Saigon Times Daily HCMC – C.T Land, a subsidiary of C.T Group, on Tuesday signed a memorandum of understanding with CJ GLS Co. Ltd., a unit under South Korea’s CJ Group, to jointly develop the logistics system in Vietnam. The memorandum allows C.T Land to coordinate with the logistic and shipping company CJ GLS in exploiting the logistics systems, including workshops and warehouses, in Binh Duong in the south, Danang in the central region, and Bac Ninh in the north. C.T Group has completed C.T Song Than Logistics Complex covering over 7.6 hectares in Thuan An, Binh Duong, comprising normal, specialized and bonded warehouses, processing, packaging and distribution workshops and maintenance facilities. Under a business cooperation contract, C.T Land will develop storage facilities at agreed locations, while the Korean partner will invest in logistics technology, said C.T Group Chairman Tran Kim Chung. Chung said his company had invested US$12 million in the logistics center in Binh Duong, and would spent a respective US$15 million and US$8 million developing similar centers in Bac Ninh and Danang. Later on, C.T Land and CJ GLS will consider establishing a joint-venture company to serve expansion of the logistics system on a national scale. Through this partnership, CJ Group is enhancing its presence in multiple business fields in Vietnam. In the field of entertainment, the South Korean group, via its subsidiary CJ CGV, spent some US$73.6 million acquiring Vietnam’s top cinema…... [read more]

New food joint venture goes up in Vietnam Uyen Vien By Uyen Vien - The Saigon Times Daily HCMC – Belgium’s confectionery manufacturers Puratos Group and Grand-Place Holding on Thursday signed a deal to set up a joint venture in Vietnam. The new joint venture, called Puratos Grand-Place Vietnam, will specialize in bakery, patisserie and chocolate, and make an investment of US$10 million over the next five years. Gricha Safarian, President of Grand-Place and General Director of Puratos Grand-Place Vietnam, said Puratos owned 70% of the joint venture while the rest was held by Grand-Place. The US$10 million will be used to expand the capacity of the plant and the logistics center in Binh Duong Province, and the chocolate production capacity will be doubled to over 10,000 tons per year. Besides, the venture will develop a product research and development center, he said. According to Piet Sanders, regional director for Eastern Europe and Asia-Pacific at Puratos, with the population growth and the confectionery industry’s fast development in Vietnam, Laos and Cambodia, the next five years is a suitable time to strengthen the group’s position in the region. Founded in Belgium in 1984, Grand-Place opened a representative office in Vietnam ten years later, and the US$4-million Grand-Place chocolate plant in Binh Duong Province was put into operation in 2009.... [read more]

Saigon Newport expands wharfs, warehouses Van Nam By Van Nam - The Saigon Times Daily Cargo containers are being handled at Cat Lai Port in HCMC’s District 2 - Photo: Van Nam HCMC – Saigon Newport Corporation will expand its warehousing systems in Dong Nai, HCMC and Haiphong by a total of 238,000 square meters next year, the company said at a function celebrating the establishment of two offshoots in HCMC on Tuesday. While many seaports in Vietnam have seen their business operations slumping in recent years, Saigon Newport has still decided to invest in building more warehouses and wharfs to prepare for the development of the local freight transport market in the years to come. Saigon Newport on Tuesday formally established SNP Logistics Center and SNP Road Transport Company as its new subsidiaries to operate warehousing and logistics facilities. The Inland Clearance Depot (ICD) Newport – Long Binh in the southern province of Dong Nai now is expanding a warehousing system by 18,000 square meters while Cat Lai Port will construct a three-level container freight station on a total area of more than 20,000 square meters, said Nguyen Nang Toan, director of SNP Logistics Center. Similarly, SNP Logistics Center will continue to develop an ICD warehousing system on a combined 200,000 square meters in the northern coastal city of Haiphong next year. The warehousing expansion is to meet rising commodity storage demand from customers. The parent firm Saigon Newport reported total cargo throughput of 3.5 million twenty-foot-equivalent units (TEUs)…... [read more]

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