VIETNAM BUSINESS NEWS NOVEMBER 25

Foreign ship arrivals in Vietnam's seaports rise 30 percent The number of foreign ship arrivals in Vietnam's seaports topped 59,100 in the first 10 months of 2021, up 30 percent year on year, according to the Vietnam Maritime Administration. Most of the foreign vessels are small ones, with capacity of less than 200 DWT, operating in the northern province of Quang Ninh. Meanwhile, the number of Vietnam-flagged vessels rose slightly, by 3 percent, with more than 52,500 arrivals. In contrast, arrivals by inland waterway vehicles declined by 6 percent to 292,300 as a result of the COVID-19 pandemic's impacts. The number of river – sea compatible ship (VR-SB) arrivals at seaports in Vietnam stands at 40,558, equivalent to last year's level. The Vietnam Maritime Administration said total cargo throughput at Vietnamese seaports exceeded 588 million tonnes during the reviewed period, up 3 percent from a year earlier. In particular, the volume of container goods grew 10 percent to over 20 million TEUs./. Reference exchange rate up 6 VND The State Bank of Vietnam set the daily reference exchange rate at 23,147 VND/USD on November 25, up 6 VND from the previous day. With the current trading band of +/-3 percent,… Read full this story

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