Independent journal on economy and transport policy
01:42 GMT+2
Former shipping exec says we're wasting billions in needless port fees
(VietNamNet Bridge)
March 21, 2008
VietNamNet Bridge - Former Viet Nam National Shipping Lines (Vinalines) director Chu Quang Thu has called for the urgent building of an international ship container terminal for Vietnam.
“Currently we 'give' foreign traders at least US$3bil in transshipment fees every year,” he told reporters.
And these costs accounted for about 10 to 15% of trade-goods value, he said ...... Read more on VietNamNet Bridge
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