mai hien

Heung A was ranked 6th in "On Time Performance" 2017
Monday, 18 September 2017 07:22

The result of the “On-Time Performance” announced by “Sealntel”, which is a Maritime Analysis Agency in Denmark, based on the data up-to July 2017, Heung-A Shipping recorded a 90.5% “On-Time Performance” which ranked number 1 among all Intra-Asia Carriers. Also it was ranked 6th overall among the all 46 Niche carriers which were subjects of this research.


Based on the 56 year experience, both International and domestic network service, Heung-A Shipping has become one of the representing Intra-Asia carriers in the market today. Heung-A Shipping is trying one’s best to provide “On-Time Performance” and also high quality service. We will continue our best to coincide with our customer’s needs and offer the top “On-Time Performance” service.

Developing logistics service in Vietnam
Monday, 18 September 2017 01:54

Vietnam’s logistics services - freight forwarding, transportation, and inventory services - began to develop in the 1990s. Logistics has now become an important economic sector in Vietnam. In the next decade Vietnam could reach an export-import turnover of US$200 billion per year.

Vietnam earns US$22 billion a year from logistics services. The sector’s annual growth rate has been 16 to 20% in recent years. According to World Bank rankings, Vietnam ranks 64th out of 160 countries in logistics development and fourth in ASEAN after Singapore, Malaysia, and Thailand. 

Logistics is one of Vietnam’s fastest growing and most stable services. Recent statistics from the Vietnam Logistics Association show that more than 1,300 logistics enterprises are now operating in Vietnam, including foreign-invested firms.

Most logistics service providers in Vietnam are small or medium-sized enterprises. Major firms like Transimex Saigon Corporation, Sai Gon Newport Corporation, Gemadept Corporation, and Transport and Chartering Corporation (VIETFRACHT) specialize in freight forwarding, loading, and uploading mainly in Ho Chi Minh City and Hanoi. There are 25 multinational enterprises operating in these areas. The rest are domestic small and medium-size enterprises and mainly work for international companies.

Logistics service providers in Vietnam have set up business relations with the US, the EU, ASEAN, Japan, China, and the Republic of Korea. In recent years, logistics has played an increasingly important role in economic development and international economic integration.

Phuong Lan, General Director of the Amerasian Shipping Logistics Corporation (ASL), said “Logistics is a support division of the import and exports sector. When an economy grows, with an increasing volume of imports and exports, the workload of the logistics industry will also rise. Most logistics companies in Vietnam are small or medium-sized enterprises. But since Vietnam joined the WTO, the majority of Vietnamese logistic enterprises, which are mostly young, dynamic, and quickly adaptable companies, have grown.”

According to the Vietnam Maritime Administration, shipping is the most important area of logistics. But Vietnamese enterprises handle just 18% of the total import/export volume. The rest is done by foreign businesses.

Tran Thanh Hai, deputy head of the Import-Export Department of the Ministry of Industry and Trade, said Vietnam is poised for a logistics breakthrough.

“First, we need to improve the legal framework in line with the state management mechanism and adopt policies that support the industry’s growth. Second, it’s important to develop transportation infrastructure - bridges, roads, railway stations, ports, warehouses, and logistics centers," Hai emphasized.

The government recently approved an action plan to enhance the competitiveness and growth of logistics services in Vietnam by 2025.

Vinalines, Belgium’s Rent-A-Port N.V ink cooperation deal
Monday, 11 September 2017 02:27

The Vietnam National Shipping Lines (Vinalines) and Belgian Rent-A-Port N.V signed a MoU on August 30 on the possibility to cooperate in grain specialised port, processing zone and logistics system projects in Lach Huyen port and Dinh Vu industrial zone, in Hai Phong city.

Rent-A-Port is an engineering and investment company, specialised in the development of marine infrastructures and industrial zones worldwide. It offers services ranging from consultancy and full project management to co-investment in marine related projects and industrial zones.

Under the MoU, the two companies will seek collaboration opportunities in a joint venture company to develop grain handling port in Hai Phong International Gateway Port. They are also keen on another joint venture firm to construct a 250 hectare logistic centre opposite the grain port, facilitating grain loading, storage, processing and distributing.

Along with joining the construction of a 630-metre port in Dinh Vu industrial park, which is currently invested by Vinalines Dinh Vu JSC, the Belgian enterprise can buy 10 percent of Vinalines’s charter capital when the company becomes privatised in April, 2018.

Thus, Rent-A-Port N.V will attach its long-term benefits to Vinalines as well as support the Vietnamese company in advanced technology transfer, human resources training, financial capacity improvement, business management, service supply and market development.

With adorable port infrastructure and logistic system coupled with considerable management experience and financial capacity, collaboration between the two enterprises is expected to enhance competitiveness and maintain crucial roles of both sides in marine port and logistic sectors in Vietnam.

Vinalines is a leading marine business in Vietnam, especially in port and marine services in Hai Phong city. The firm will make an initial public offering (IPO) in December this year. Under the IPO plan, the State will hold 65 percent of the company’s registered capital of 12.3 trillion VND (541.2 million USD) while it will sell 35 percent to domestic and foreign businesses.

Vinalines is also allowed to hold 65 percent of registered capital at key ports, including Hai Phong, Sai Gon and Da Nang. 
Vinalines currently manages a fleet of off-shore vessels with total capacity of nearly two million tonnes, occupying some 25 percent of the national fleet’s capacity. It has contributed capital to 14 sea port businesses, which have a total length of more than 13,000 metres, 30 percent of the total length of ports nationwide. They include a number of deep-water harbours that can receive 190,000 tonne vessels.

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