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View: Our forecasts from the previous quarter remain in place; and we expect the port of Ho Chi Minh City to lead the way in terms of tonnage throughput handled in 2015. The port of Da Nang, however, is expected to outperform the larger Ho Chi Minh City port in terms of box sphere growth (10% compared to 8% respectively).In terms of the wider economy, we expect strong foreign direct investment (FDI), healthy export growth and ongoing efforts by the government to improve macroeconomic fundamentals to keep the Vietnamese economy growing strongly. This will all bode well for the Vietnamese shipping industry going forward. Real GDP growth is set to accelerate to 6.4% in 2015, from 6.0% in 2014.
Industry View 7SWOT 10Shipping 10Political 13Economic 14Operational Risk 16Industry Forecast 18Port Of Ho Chi Minh City Throughput 18Table: Major Ports Data (Vietnam 2012-2019) 22Table: Trade Overview (Vietnam 2012-2019) 23Table: Key Trade Indicators (Vietnam 2012-2019) 23Table: Top Import Destinations, 2006-2013 25Table: Top Export Destinations, 2006-2013 26Market Overview 27Vietnam Container Shipping Market Overview 27Company Profile 36Vietnam Petroleum Transport Company (VIPCO) 36Vietnam National Shipping Lines (Vinalines) 39Maersk Line 43CMA CGM 54Evergreen Line 65COSCO Container Lines Company (COSCON) 72Shipping - Global Industry View 80Container Lines To Prosper In 2015 80Global Company Strategy 85Maersk Line 85Mediterranean Shipping Company (MSC) 96CMA CGM 102Evergreen Line 113COSCO Container Lines Company (COSCON) 120Macroeconomic Forecasts 128Expecting Sustained Growth Momentum In 2015 128Table: Economic Activity (Vietnam 2009-2018) 132Demographic Forecast 133Table: Population Headline Indicators (Vietnam 1990-2025) 134Table: Key Population Ratios (Vietnam 1990-2025) 134Table: Urban/Rural Population & Life Expectancy (Vietnam 1990-2025) 135Table: Population By Age Group (Vietnam 1990-2025) 135Table: Population By Age Group % (Vietnam 1990-2025) 136