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ARTICLE · 23 JULY 2015

Latest On Seaports And Shipping – Logistics Is Everything

Duane Morris LLP
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A competitive environment for the operation of the container terminal must be created. To achieve this objective, we suggest the following actions...

VietnamTransport
Oliver Massmann
Oliver Massmann
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With the adoption of the Trans-Pacific Partnership ("TPP") and the European Union – Vietnam Free Trade Agreement ("EVFTA") in the upcoming months, we would expect a significant increase in trade between Vietnam and countries being members of the mentioned agreements. In order to reap the huge benefits that these agreement might bring to Vietnam, it is necessary to create an efficient deep sea container terminal. Cai Mep port would be fit for such purpose, in terms of a potential domestic and international transhipment hub and creating balance for demand and supply container terminal in Southern Vietnam. An operating cooperation contract has been signed between CMIT and Saigon Newport as the first attempt to develop Cai Mep as a hub.

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