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Cargo throughput via seeports sees modest growth

CARGO THROUGHPUT VIA SEEPORTS SEES MODEST GROWTH - ALOHA LOGISTICS

Cargo throughput across seaports nationwide hit 241 million tonnes in the first four months of 2022, rising 2 percent year-on-year, according to the Vietnam Maritime Administratuon.

The volume, excluding transited goods not unloaded at seaports, included 61.95 million tonnes of exports (up 2 percent), 67.49 million tonnes of imports (down 9 percent), and 110.99 million tonnes of domestic goods (up 10 percent).

Container throughput also increased 2 percent to over 8.3 million TEUS during the period.

The administration said 2 percent is the slowest growth in recent years though Vietnam has entered the post-pandemic new normal.

Seaports in many localities have recorded a sharp decline in volume, such as Binh Thuan down 28 percent from a year earlier, Can Tho 25 percent, and Kien Giang 12 percent.

Major ports also witnessed drops from 0.5-4 percent, including Hai Phong down 0.5 percent, Ho Chi Minh City 2.8 percent, and Vung Tau 4 percent.

The growth slowdown has been attributed to different factors, mainly that production, export and import activities by domestic enterprises have yet to fully recover.

Besides, China's zero-COVID policy has also impacted firms doing business with Vietnam's largest export and import market, according to the administration.

Source: Aloha Logistics Internationa Company.