After the merger, Ho Chi Minh City will have a 110 km long coastline, possess large port clusters with direct access to international shipping routes, and have the opportunity to become the leading maritime logistics center in Southeast Asia, according to experts.
The Director of the Maritime Administration requested ports to monitor service prices and require businesses to sign long-term contracts with shipping lines to avoid freight rate increases.
ASEAN leaders issue Chairman's Statement after summit in Malaysia, reaffirming commitment to maintaining peace, stability and freedom of navigation and overflight in the East Sea.