Integrated Seaport Network News

APL: Vietnam Seaport Master Plan Must Have Long-Term Focus

Vietnam must better coordinate the planning and construction of an integrated seaport network to handle the country’s rapid trade growth, according to container transportation leader APL. The company was providing an update of the findings outlined in a research paper, entitled: “Vietnam Transportation and Logistics: Challenges and Opportunities”, developed earlier this year by the NOL Group, the Singapore-based parent company of APL, to examine Vietnam’s transportation and logistics environment. “Vietnam’s cargo growth potential is tremendous. Average historical growth of containerised cargo of 20% could rise to 25% per year. Previous government forecasts have underestimated actual growth of container volumes…