Shipping firms’ recovery stymied by drop in dry-cargo transport prices

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VietnamNet English 2 day(s) ago

Shipping firms’ recovery stymied by drop in dry-cargo transport prices

VietNamNet Bridge – The sharp fall of the Baltic Dry Index (BDI) to a record low has caused serious concerns among Vietnamese shipping firms. The BDI, issued daily by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials, including coal, iron ore and grain, by sea.

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Seaports, one after another, fall into private hands

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VietnamNet English 1 week(s) ago

Seaports, one after another, fall into private hands

VietNamNet Bridge – As planned by the Ministry of Transport, many seaports have been put up for sale and many buyers are owners of privately run businesses.

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Definition of State economic groups vague

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VietnamNet English 1 week(s) ago

Definition of State economic groups vague

VietNamNet Bridge – The ambiguous definition of State economic groups has led to many problems since big State-owned enterprises (SOEs) were turned into economic groups, economic experts said at a recent conference in Hanoi.

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MOT to focus on expanding airports, ditches plan to build more seaports

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VietnamNet English 2 week(s) ago 1 related news

MOT to focus on expanding airports, ditches plan to build more seaports

VietNamNet Bridge – The Ministry of Transport (MOT) has scrapped plans to build seaports and instead will expand several airports this year.

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Tet gifts may mask bribery, corruption

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Báo Dân Trí English 3 week(s) ago 1 related news

Tet gifts may mask bribery, corruption

Gifts at Tet and other special occasions are being used to mask bribes, and authorities need to take earnest steps to curb corruption, experts say.

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Vietnam ministry moves toward transparency in hiring for top jobs

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Báo Thanh Niên English 3 week(s) ago

Vietnam ministry moves toward transparency in hiring for top jobs

Pham Viet Dung has beaten six other rivals to the job of general director of the Vietnam Air Traffic Management Corporation after the Ministry of Transport organized a competition for the first time to identify the head of a state-owned company.

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Vinalines wants to sell all State shares at Quang Ninh Port

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VietnamNet English 1 month(s) ago

Vinalines wants to sell all State shares at Quang Ninh Port

Vietnam National Shipping Lines (Vinalines) is seeking to offload all State shares at Quang Ninh Port, which is valued at VND622 billion with State capital making up VND500 billion.

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Omanis ready to shake on Haiphong Port deal

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Báo Đầu Tư English 1 month(s) ago

Omanis ready to shake on Haiphong Port deal

The investment by the State General Reserve Fund of the Sultanate of Oman into Haiphong Port, if successful, is expected to inspire other foreign investors to engage in the restructuring of the Vietnamese seaport industry.

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Vietnam set to privatize seaports

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Báo Thanh Niên English 1 month(s) ago

Vietnam set to privatize seaports

The Ministry of Transport is calling on the private sector to invest in new ports and plans to pull out of the sector, news website Saigon Times Online reported Thursday.

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Vinalines losses down last year

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VietnamNet English 1 month(s) ago

Vinalines losses down last year

Vietnam National Shipping Lines (Vinalines) reported a fall in losses last year thanks to positive cash flow from its shipping business operations which used to cause huge losses for the State-owned corporation.

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Vinalines’ $60.8 million divestment from Haiphong port

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Báo Đầu Tư English 1 month(s) ago

Vinalines’ $60.8 million divestment from Haiphong port

The state-run Vietnam National Shipping Lines (Vinalines) has decided to sell a 29.68 per cent stake in Haiphong port to Vietnam-Oman Joint Stock Company (VOI) at VND1.3 trillion ($60.8 million), according to newswire Gafin.

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Why does an Oman investor want to buy Hai Phong Port?

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VietnamNet English 1 month(s) ago

Why does an Oman investor want to buy Hai Phong Port?

VietNamNet Bridge – Analysts believe that there are many ways to develop Hai Phong Port and make big profits off it.

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Vinalines to launch IPOs in Q1

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VOV News English 1 month(s) ago

The Vietnam Shipping Lines Corporation (Vinalines) set to launch initial public offerings (IPOs) in the first quarter of 2015, General Director Le Anh Son announced at the firm’s conference in Hanoi on January 15 to review 2014 results and set targets for 2015 operations.

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Breakfast @ Tuoi Tre News – January 16

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Báo Tuổi Trẻ English 1 month(s) ago

Breakfast @ Tuoi Tre News – January 16

Tuoi Tre News briefs you on some of the leading stories published today, January 16, in Vietnamese media:

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Major infrastructure projects to be audited

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VietNam News English 1 month(s) ago

Nearly 50 big projects, including the Noi Bai International Airport Terminal 2 and the HCM City-Long Thanh-Dau Giay Expressway, will be audited this year.

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