POST Online Media Lite Edition



 

Ho Chi Minh City's port stops receiving imports

Christian Fernsby |
Tan Cang - Cat Lai Port in Ho Chi Minh City’s newly created Thu Duc city will temporarily stop accepting imports by businesses that have suspended production so that it can clear a huge backlog of containers that have piled up.

Article continues below




In an announcement, the Tan Cang Sai Gon Corporation said the pileup has been caused by firms reducing or suspending production since the city’s lockdown began.

In the period, starting July 9, the number of trucks coming to the port to pick up cargo has declined sharply, and the number of containers stuck has climbed to nearly 100 percent of capacity.

The port is also facing a shortage of employees, with the number halving to 250, exacerbating the pileup.

Nguyen Phuong Nam, the corporation’s deputy general director, said customers who have suspended production should stop importing goods through the port for the time being, though it would still receive them if the goods are already en route.

As for exports, oversized and excessively heavy goods and refrigerated cargo will also not be accepted until at least August 16.

Shipping companies have been told to persuade their customers to change the destination to Tan Cang - Hiep Phuoc Port in the city’s Nha Be district or to Tan Cang - Cai Mep International Terminal or Tan Cang - Cai Mep Thi Vai Terminal in neighbouring Ba Ria - Vung Tau province.

The corporation has called on shippers to provide the estimated number of containers with imports and empty brought by vessels docked at its port in the next two weeks so that it can proactively rearrange space.

If the number of containers stockpiled reaches the port’s maximum capacity, the port will have to stop receiving cargo.


What to read next

Vietnam $458.2 million expressway deal agreed
Vietnam's Ho Chi Minh City in huge problem with taxes
Customs duties 30% less for Chabahar Port

EU green energy product imports in 2021: 15.2 billion euros

 
In 2021, the EU spent €15.2 billion on imports of green energy products (including wind turbines, solar panels and liquid biofuels) from countries outside the EU.
 
 

Latest

Department of Health in South Africa to conduct feasibility study on implementing solar panels in hospitals
Austrian rail strike goes ahead
City Hall and TfL release land for 100 new ultra-rapid public charging points on busy London roads
Astrophysicists hunt for second-closest supermassive black hole

NEWS

European super drugs cartel taken down in six countries, over 30 tonnes of drugs seized

Cotopaxi volcano in Ecuador registers new activity
BBC journalist beaten up in China 'to stop him catching COVID' while covering protests
Scotland's largest teaching union announces 16 new strike dates
U.S.: Wet travel conditions for east, snow and wind for Pacific northwest and Rockies
WhatsApp data leak puts 487m records for sale
 

BUSINESS

Swiss reserve power plant to be operational by February

Over 4,000 European doctors left UK after Brexit
South Asia's first underwater tunnel marks partial completion in Bangladesh
Autobrake slashes rear-end crash rates for pickups, but few are equipped
UK food and drink market declines in real terms in 2022
Highlights: November 21, 2022 - November 26, 2022
 

Trending Now

Enel Generacion Chile agreement with Shell to bring $500 million

Department of Health in South Africa to conduct feasibility study on implementing solar panels in hospitals

EU green energy product imports in 2021: 15.2 billion euros

Avtodom approves acquisition of Mercedes' Russian asset with buyback option


POLITICS

Netherlands to build over 400,000 new homes, spend €4bn on public transport infrastructure

U.S. allows resumption of limited oil extraction by Chevron in Venezuela
France, Germany sign joint declaration on energy solidarity
Ukrainan president announces launch of Grain from Ukraine program
U.S. bans Huawei, ZTE equipment over security risk
U.S. excludes oil for Japan from Russia's Sakhalin-2 from price cap
 

Today We Recommend

European super drugs cartel taken down in six countries, over 30 tonnes of drugs seized


Highlights 

City Hall and TfL release land for 100 new ultra-rapid public charging points on busy London roads

BMW invests EUR2 billion in Hungarian plant, will create 500+ jobs

Veon to unload Russian operations for $2.1 billion


COMPANIES

Jan De Nul acquires Global Marine

Encavis acquires wind farm in Lithuania
Ukraine bans firewood exports
Avtodom approves acquisition of Mercedes' Russian asset with buyback option
Gazprom requests 42.4 mcm for transit via Ukraine, decides against cutting supply to Moldova
BP gets contract to market Guyana's share of oil production
 

CAREERS

1NCE expands leadership team in Europe and Asia-Pacific

Walt Disney fires CEO Bob Chapek, returns Robert A. Iger
Appian appoints Silvio Lima as head of corporate affairs
Appia Rare Earths appoints Irvine R. Annesley as vice president
Charwood Energy appoints Pierre-Yves Lefebvre as CFO
Moon Surgical appoints Mark Toland as director
 

ECONOMY

Czech Republic: Economic sentiment ticks up in November

Poland: Business sentiment ticks up in November
Italy: Business confidence strengthens in November
Italy: Consumer confidence improves notably in November
Abu Dhabi GDP expands 11.2pc in H1 on robust non-oil activities
German economy grows more than initially estimated in Q3
 

EARNINGS

Natuzzi Q3 revenue increased 14.5%

CMA CGM Q3 revenue $19.9 billion
G. Willi-Food Q3 sales increased by 16.6%
Deere Q4 net income $2.246 billion
Nordstrom Q3 net loss $20 million
VMware Q3 revenue $3.21 billion
 

OP-ED

Micromanaging is the worst enemy of efficiency and teamwork

Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
 

AGRIFISH

Pesticide sales jump by 17% in Switzerland

Tesco announces close to £14 million of additional support for British egg industry
Illegal transportation of more than a ton of salmon, sturgeon caviar stopped at Omsk section of Russian-Kazakh border
Rosselkhoznadzor found pests, returned apples to North Macedonia
NDA reports additional case of HPAI in Nebraska
Aldi announces £12.5 million in support for British egg industry
 

LEADERSHIP

Corporate duty waivers limit organic company growth and innovation

Women buy from women, men buy from women and men
How employee opinion impacts CEO dismissal
Keeping it in family can be good news when it comes to CEOs
Over a third of office workers are hybrid 'misfits'
Proxy advisers have inherent incentive to create controversy, study shows
 

CRIME

Ukraine fines Engie, Shell subsidiaries over Nord Stream 2

New Zealand fines Southland fishing company $40,000
Italy's antitrust fines Edison Energia 3.8 mln euros over unfair practices
FTC secures monetary judgment in deceptive energy savings claims case
Croatian Competition Agency fines dairy processing company PIK Rijeka $13,740 for imposing unfair trading practices
SEC charges S&P Global Ratings with conflict of interest violations
 

Magazine

TRAVEL

Dual branded Courtyard and Residence Inn by Marriott Hotel opens in Montreal

Candlewood Suites Hotel opens in Aberdeen, Md.
Mount Roraima, Venezuela, 7,671 feet above the forest floor
Llao Llao Resort, an exclusive resort in the middle of nowhere
Abu Dhabi welcomes visitors to discover experiences at their own pace
Christmas Nights of Lights started in Indiana
 

SEA, LAND, AIR

New colorful Porsche 718 Style Edition models

2023 Toyota Prius Prime, solar panel roof and reliability
Volvo EX90, a car with updates
Cessna Citation CJ4 Gen2 jet, pursue your business goals while enjoying journey
GMC first Sierra EV marks turning point
BMW M2, fast beast in small package
 

DESIGN

Patchwork carpets, vintage Persian carpets made with unparalleled skill

Real life wallpapers, perfectly executed
A. Lange & Söhne, men's watches with true Saxonian DNA
Nella Vetrina, luxurious Italian designers bathroom vanities and furniture
Karastan rugs, durable and beautiful
Leather bags for every occasion and every life style
 

GADGETS

Take Elektor Fortissimo and make your own high-end amplifier

RangeXTD, a Wi-Fi extender that actually works
Monitor II A.N.C. headphones, iconic Marshall sound
Zebra TC15, a clever mix of a mobile phone and a computer for business use
Bathroom speakers will make your relaxing even better
NAD 399 amplifier, highly efficient and remarkably powerful
 

HEALTH

Pakistan launches anti-polio vaccination drive to inoculate 13.5 mln children

Ibuprofen and similar NSAIDS can be associated with hastened progression of osteoarthritis symptoms
Virgin Islands community encouraged to prevent antimicrobial resistance
Shionogi seeks Japan approval for COVID-19 vaccine
French doctors warn of antibiotics shortage
Merck's Keytruda shows survival benefit, meets main goal of gastric cancer trial
 

MEANTIME

New European supercomputer inaugurated in Italy

European Space Agency presents new generation of astronauts
NASA selects Rocket Lab to launch TROPICS mission
World's heaviest flying bird heals itself with plants used in traditional medicine
James Webb Space Telescope reveals an exoplanet atmosphere as never seen before
U.S. to demolish four dams in river restoration effort