Want to be in the loop?
subscribe to
our notification
Business News
ITC OPENS INT€™L CONTAINER TERMINAL
The 48-hectare terminal houses customs, tax and banking service departments, offering one-stop-shop services for enterprises to quickly complete export-import procedures.
The second phase of SP-ITC is underway to increase the capacity of the terminal and enable it to handle more goods from neighboring Binh Duong and Dong Nai provinces.
The first large-scale terminal invested by a private firm in HCMC is expected to raise the competitiveness of ports in HCMC and reduce costs of goods transported by waterway, HCMC chairman Nguyen Thanh Phong told the inauguration ceremony.
With its main pier located along the Dong Nai River, SP-ITC can facilitate waterway transportation of goods, helping ease traffic congestion on roads and overload at Cat Lai Port in District 2.
Established in 2001, ITC now operate nine big vessels and 150 trucks, offering road and sea goods transport services for domestic enterprises, especially exporters and importers.
Source: The Saigon Times
Related News
ESG SERIES MASTERCLASS
Join the ESG Series Masterclass today and be a part of the solution led by our team of industry experts Bao Nguyen, Betty Pallard, Chi Nguyen, Jonathan SOURINTHA - HRK Group - PVA PRO - GPS (iBAG), Markus Klemmer, Paula Fajardo, Sergio Pereira da Silva along with many more to come…
VIETNAM’S GDP TO GROW 5.5% THIS YEAR – WB
This forecast is based on the assumption of a moderate recovery in manufacturing exports in 2024, fueled by rebound growth of 8.5% year-on-year in the fourth quarter of 2023 and 17.2% year-on-year in the first quarter of 2024, reflecting strengthening global demand, said Dorsati Madani, senior country economist at the WB in Vietnam.
FARE REFUND FOR VISA REJECTION
Cathay Pacific will offer full refunds for cases of visa rejection to provide you with the confidence to explore the world with ease. If you are planning to fly to a destination that requires an entry visa, you can now book with greater peace of mind.
MOIT PROPOSES SCHEME TO BOOST RENEWABLE ENERGY PROCUREMENT
The proposed Direct Power Purchase Agreement (DDPA) mechanism, outlined in the draft decree, targets organisations and individuals consuming electricity from the 22kV power grid or higher, with a monthly consumption averaging 500,000kWh. However, residential households are excluded from direct procurement.
REAL ESTATE BONDS PLACE PRESSURE ON ISSUING FIRMS
The ministry’s recent report underscores concerns within Vietnam’s corporate bond market for 2023 and 2024. It emphasizes the critical need to address hindrances to the real estate sector in line with the objectives provided in Government Resolution No. 33/NQ-CP, which aims to stabilize the industry.
FOUR COMMODITIES POST Q1 EXPORT VALUE OF OVER 5 BILLION USD
The total export turnover of agricultural, forestry, and fisheries products in the first three months of 2024 is estimated to reach 13.53 billion USD, an increase of 21.8% compared to the same period of 2023.