OOCL box volume up 10pc, but only intra-Asia/Oz trades hike revenue

HONG KONG's Orient Overseas (International) Ltd, parent of OOCL, has posted a 10 per cent increase in fourth quarter container volume year on year to 1.4 million TEU, but revenue per TEU fell 6.3 per cent in 2013.

Ocean Carrier Rate Revision Roundup for Sept. 13

Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in September and October.

Vietnam’s FDI attraction surges to near $20 bln

The newly-registered and added investment from foreign businesses to Vietnamese projects in the year to October topped a record US$19.23 billion, the Foreign Investment Agency reported Friday. his is a 65.5 percent increase from a year earlier, the agency said.

Customs department to seek relaxed law for importers

With importers repeatedly lamenting a new regulation that delays the transportation of their goods from seaports to warehouses by up to ten days, the General Customs Department will call for relevant agencies to loosen the law.

Foreign sector more optimistic on Vietnam 2014 economy outlook

A conference intended to provoke recommendations for the economic and monetary policies for the 2014 – 2015 period in Hanoi on Monday heard opposite opinions from local and foreign experts on the possibility of recovery of the Vietnamese economy.

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