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Vietnam enterprises face serious shortage of empty container

Viet Nam News Tuesday | 12/08/2020 12:59

Photo: VnExpress

There is a serious shortage of empty containers for exports from Vietnam, Phan Minh Thong, general director of agriculture products exporter Phuc Sinh JSC, told Viet Nam News.

While international shippers were hiking fees, and Vietnamese businesses would struggle to cope if the problem is not addressed.

There was a lack of containers for shipping dry goods while the cost of shipping goods to the US had increased by nearly three times from last year, said Nguyen Dinh Tung, chairman and general director of fruit exporter Vina T&T Group.

Dang Phuc Nguyen, general secretary of the Vietnam Fruit and Vegetable Association, explained lack of containers by saying exports were booming at the end of the year and Vietnam had been seeing big export surpluses through the year.

Ship crews had to be in quarantined after reaching foreign ports due to the pandemic, which exacerbates the container shortage, he said.

Le Kim Cuong, deputy director of Saigon New Port Logistics, said the recent storms that hit the country were making it difficult to transport empty containers from foreign countries back to Vietnam.

Ho Chi Minh City, Dong Nai and Binh Duong’s ability to receive empty containers from deep-water ports and transfer them to inland container ports was limited, he added.

Phan Van Co, marketing director at VRICE Limited Co., said businesses were incurring more expenses since their goods have to be stored longer at ports as they wait for containers.

The Vietnam Logistics Association said depots should be tasked with repairing empty containers to reduce the waiting time for them, and ships should work closer with depots and accurately notify their empty containers situation.

Consignors needed to make use of containers efficiently and quickly so that they could be used by others, it said.

Rewards and penalties for quick and tardy returns of empty containers should also be considered, it added.

Source: Viet Nam News

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