Vietnam Freight Transport Report - Business Monitor International - Industry Reports

Vietnam Freight Transport Report

Vietnam Freight Transport Report - Business Monitor International - Industry Reports
Vietnam Freight Transport Report
Published Jan 16, 2016
58 pages — Published Jan 16, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

BMI View: We expect ---- to see uneven growth across Vietnam s different freight modes. Whereas on the back of improved domestic consumption and good trade dynamics road freight will grow by a strong -.- and air freight will also see a good year, rail freight will show a weak performance as domestic crude oil production will embark on a downward trend. ...Imports will benefit from the improved domestic environment, in particular the lower inflation rate, which is forecast to generally follow a more stable path over the coming years. Over the medium term, we expect the healthy trade dynamics to be supported further by the recently approved free trade agreement between South Korea and Vietnam, and the Trans-Pacific Partnership (TPP) which, if ratified, will provide a major boost to Vietnam s textile exports. Strong domestic consumption, low fuel prices, infrastructure improvements and strong FDI inflows will particularly benefit road freight. ...Over the medium term, we expect the sector to grow in importance as infrastructure improvements, such as the construction of the USD--bn Long Thanh International Airport which was approved in June ----, will bear fruit. Further, the government seems committed to improve efficiency in the air freight sector by granting more space to private actors.

...Vietnam Freight Transport Industry SWOT Analysis - Continued Chinese investment could bring about much-needed improvements in the rail sector. Increase in hi-tech production moving into Vietnam from China and telecoms from India will increase demand in transport capacity and particularly air freight. ...Increase in hi-tech production moving into Vietnam from China and telecoms from India will increase demand in transport capacity and particularly air freight. Government approval of the VND---.-trn (USD--bn) construction of Long Thanh international in the southern Dong Nai Province provides opportunity for new routes and increased capacity, with the handling of five million tons of cargo by ----. Vietnam s signing of a free trade deal with Russia-led Eurasian Economic Union (EEU) will drive trade growth and therefore between the two markets opening up new opportunity for the freight industry. ...Vietnam s textile sector is considered to be among the big winners of the TPP. If successfully ratified, in particular road freight will be boosted by growing textiles exports.

...ANA Holdings, Japan s leading airline group, is eyeing to buy stakes in Vietnam Airlines as part of its strategy to seek synergies in the Asian market. The government of Vietnam has been seeking a strategic partner to take a stake to help the airline expand and therefore sold - to investors last year already in an initial public offering. ...

  
Source:
Document ID
1750-5364
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Vietnam Freight Transport Report" Jan 16, 2016. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Vietnam-Freight-Transport-Report-2026-59>
  
APA:
Business Monitor International - Industry Reports. (2016). Vietnam Freight Transport Report Jan 16, 2016. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Vietnam-Freight-Transport-Report-2026-59>
  
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