Facebook @Dethivaonganhang www facebook com/dethivaonganhang www ThiNganHang com S Á C H – T À I L I Ệ U T H I T U Y Ể N Trang 1 Table of content Abstract 2 I Introduction 2 II Overview of VN shipping[.]
Facebook: @Dethivaonganhang www.facebook.com/dethivaonganhang Table of content Abstract Introduction I II Overview of VN shipping fleet Quantity proportion: Ship tonnage: Ship age: Ship owner: III General assessment of the reality of Vietnamese shipping fleet The strengths: The weaknesses The causes of the weaknesses 13 IV Shipping fleet development plan of Vietnam to 2020, vision to 2030 15 Development objectives, orientations: 15 Content of the plan 16 Recommendations for improving the Vietnamese shipping fleet 18 V Shipping company 18 Government 19 Conclusion 20 References 21 Table of figures Figure The ship quantity proportion of Vietnamese shipping feet Figure The proportion of Vietnamese shipping fleet total dead-weight tonnage Figure Shipping market share of imported and exported cargoes in 2014 12 Table Ranking of Asean countries in terms of merchant shipping fleets Table List of Vietnam shipping fleet main indicators www.ThiNganHang.com S Á C H – T À I L I Ệ U T H I T U Y Ể N Trang Facebook: @Dethivaonganhang www.facebook.com/dethivaonganhang Abstract Shipping fleet, along with ocean line and sea ports, is one of the most important physical and technical facilities of maritime industry In Vietnam, the shipping fleet which includes 1.849 ships with a total deadweight of 7.3 million DWT (deadweight tonnage)has been transporting about 90% of domestic sea cargo volume compared to other mode of transport Despite of that, the competitiveness of Vietnam shipping fleet compared to other countries is very low In fact, the shipping fleet owned and operated by Vietnam has accounted for only about 12% of the total domestic market share, leaving the remaining to foreign owned fleets This means the Vietnamese shipping industry is now facing a range of key challenges and has not fully taken the available advantages.The aim of this paper is to examine the competitiveness of the Vietnamese shipping fleet through analysing its strengths and weaknesses and offer some recommendations to improve its competitivenes in the international maritime industry I Introduction Nowadays, thanks to the development of international trade, the maritime industry over the world has gained many achievements and contributed to the global economy The cargo volume consistantly increases while the freight tends to decrease Globalization expands the market, bringing not only opportunities but also threats to every countries Vietnam is a coastal country of a long history of maritime trade, therefore, shipping plays an important role in the national economy It creates a significant number of jobs and generates a crucial source of income for the nation It is estimated that sea transport has contributed up to 90% of the nation’s import and export cargo volumes is However, the Vietnamese shipping fleet has to face the possibility of the loss of the sale to foreign competitors in its domestic market This is a urging problem forcing us to look for the reasons and efficient solutions We can not only blame this reality on factors outside It is the time for us to look at inside, recognize our weaknesses and improve ourselves The Vietnamese shipping industry must be subjected to urgent reform towards an integrated and competitive maritime transport in the region and in the world www.ThiNganHang.com S Á C H – T À I L I Ệ U T H I T U Y Ể N Trang Facebook: @Dethivaonganhang II www.facebook.com/dethivaonganhang Overview of VN shipping fleet Shipping is an essential part of Vietnam national economy since it creates a significant number of jobs and generates a crucial source of income for the nation Because of the limited national transportation infrastructure, shipping has become the most important mode of transport in Vietnam which moves about 90% of the nation's import and export cargo volumes However, the shipping fleet owned and operated by Vietnam has accounted for only about 20% of the total market share leaving the remaining to foreign own fleets Quantity proportion: Vietnamese shipping fleet comprises 1,849 ships totaling about 7.3 million DWTs as of 2015 In terms of ship quantity, the number of general cargo ships is rather large by comparison (1,085 ships, 58.7%) compared to the relatively small number of containerships (64 ships, 3.5%) 10.20% General cargo ship 17.20% Chemical carrier and tanker Containership 58.70% 3.50% Dry Bulker Other 10.50% Figure The ship quantity proportion of Vietnamese shipping feet www.ThiNganHang.com S Á C H – T À I L I Ệ U T H I T U Y Ể N Trang Facebook: @Dethivaonganhang www.facebook.com/dethivaonganhang Table Ranking of Asean countries in terms of merchant shipping fleets No Country Rank Number Dead % of National Foreign Foreign Dwt among of ships weight world Flag Flag Flag as Growth (103dwt) total Dead Dead % total over Dwt weight weight Dwt 2013 3 ASEAN (10 dwt) (10 dwt) Singapore 2,120 74,064 4.417 41.080 32.984 44.32% 12.1% Malaysia 602 16,797 1.092 8,668 8,129 48.40% 0.6% Indonesia 1,598 15,551 0.925 12.519 2,992 19% -0,1% Vietnam 859 8,000 0.477 6,511 1,489 18.61% -1.6% Thailand 407 6,760 0.403 4,598 2,162 31.98% 10.9% Philippines 367 2,962 0.177 1,420 1,520 52.04% 3.1% Myanmar 36 188 0.011 158 30 15,78% 1.1% Brunei 23 0.001 11.5 11.5 59% 12.6% Cambodia 19 0.001 17 92% 0.0% 10 20 0.001 20 100% 0.0% 10 Lao Source: Review of Maritime Transport, UNCTAD (2014) The above table shows that the avarage number of Vietnamese ships is not small (859 ships, ranked the third out of ten countries) but the growth rate of dead weight tonnage is the worst among ASEAN countries in 2013 (-1,6%) www.ThiNganHang.com S Á C H – T À I L I Ệ U T H I T U Y Ể N Trang Facebook: @Dethivaonganhang www.facebook.com/dethivaonganhang Table List of Vietnam shipping fleet main indicators No Ship types Dry bulker General Quantity Total (Unit) (GT) Gross weight Total Dead weight (MT) 2013 2014 2013 2014 2013 2014 165 162 1,126,594 1,130,793 1,866,408 1,895,132 1,043 1,575,580 1,763,856 2,724,981 3,045,016 Cargo 1,002 Ship Containership 2S 28 32 182,874 230,203 236,673 280,540 Passenger ship 40 45 7,228 7,803 3,063 3,.527 Hydrofoil boat 8 1,076 1,076 307 307 Chemical Cattier 19 24 105,593 185,845 202,792 281,311 Tanker 127 132 970,478 1,080.811 1,563,044 1,695,044 Gas Carrier 10 27,805 26,806 28,516 27,475 Others 394 385 383,9E7 231,298 360,706 125,753 Total 1.793 1,840 4,381,215 4,658.491 6,986.490 7,354,105 Source: Vietnam Maritime Administration (2014) Ship tonnage: In terms of ship tonnage, the shipping fleet of Vietnam ranked 60 out of 152 nations which have flag of convenience and ranked number four within ten ASEAN countries after Singapore, Indonesia and Malaysia Within the nation, the proportion of general cargo ships makes up the biggest part, i.e 41.31% of the shipping fleet total dead-weight tonnage, while the container-ships make up only 3.48% www.ThiNganHang.com S Á C H – T À I L I Ệ U T H I T U Y Ể N Trang