HIGHLIGHTS
- In the first eight months of 2021, the total volume of goods through Vietnam’s seaports is estimated at more than 480.4 million tons, up 4% over the same period in 2020.
- Exported goods were estimated at more than 5.4 million TEUs, up 16%; Imported goods were estimated at more than 5.5 million TEUs, up 21% over the same period last year.
- Saigon Newport Corporation offers 3 growth scenarios for seaports in the South.
FULL ARTICLE
Container cargo through Vietnamese seaports increased by 18%
According to statistics, in the first eight months of 2021, the total volume of goods through Vietnam’s seaports is estimated at more than 480.4 million tons, up 4% over the same period in 2020. This increase is lower than previous months because, over the past time, some seaport areas with large throughput volumes are implementing a Covid-19 prevention lockdown.
However, the volume of container cargo through Vietnam’s seaport system still had double-digit growth with an increase of 18%, estimated at nearly 16.8 million TEUs. In which, exported goods were estimated at more than 5.4 million TEUs, up 16%; Imported goods were estimated at more than 5.5 million TEUs, up 21% over the same period last year.
Some seaport areas have the highest throughput of container cargo (calculated in the first 7 months of the year), such as Quang Nam area increased by more than 115%, My Tho area increased by 41%, Hai Phong area increased by more than 17%, Ho Chi Minh City area increased by nearly 16%.
In addition, some seaport areas saw a sharp decrease in container cargo volume such as: Quang Ninh area decreased by 98%, Da Nang area decreased by 38%, Can Tho area decreased by 23% over the same period in 2020.
Growth scenario of seaports in the South region
Saigon Newport Corporation offers 3 growth scenarios for seaports in the South. Scenario number 1, the COVID-19 epidemic in Vietnam is under control by the end of the third quarter of 2021, the vaccine is vaccinated on a large scale, businesses start to operate again, the volume of goods through Ports in Ho Chi Minh City will increase from 5-7%, Cai Mep Port will increase from 12-15% compared to the first 6 months of the year. The reason is that shipping lines actively move goods from Ho Chi Minh City to ensure businesses import and export needs.
In the second scenario, the epidemic is controlled at the beginning of the fourth quarter of 2021, the volume of goods through the ports in Ho Chi Minh City is forecasted to increase by 3-5%, the Cai Mep area is expected to increase by 15-17%, as shipping lines and customers increase the conversion of goods to Cai Mep and Ho Chi Minh City will implement regulations on fee collection for seaport infrastructure from October 2021.
The third scenario is that the epidemic is under control in the middle of the fourth quarter of 2021, businesses gradually recover production in the last months of the year with a slower recovery than usual due to the long-term impact of the lockdown. It is expected that the volume of goods through the seaport areas of Ho Chi Minh City and Cai Mep will be equivalent to the first 6 months of the year.
Hong Dao
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