So, will this put the industry's rapid expansion in recent years into reverse? The sector certainly has one major problem that means it is likely to suffer more than other parts of the tourism and travel industries such as the airline sector - it has few friends in high places. … [Read more...] about Will we ever take cruise holidays again?
Missing passengers on cruise ships
The administration has also proposed the Ministry of Transport temporarily not apply the International Convention for the Prevention of Pollution caused by Ships (MARPOL) on the use of low sulfur fuel for ships and boats operating inland. … [Read more...] about Volume of cargo in Q1 grows, passengers drop
Hanoi (VNA) - The volume of cargo handled at Vietnam’s seaports reached nearly 160 million tonnes in the first quarter, up 8.4 percent over the same period last year, according to the Vietnam Maritime Administration. Container goods were estimated at over 5 million TEUs, a year-on-year rise of 14 percent. The total number of vessels carrying passengers, however, was down 10 percent to 16,473. More than 1.6 million passengers visited Vietnam through seaports from January to March, a year-on-year decline of 36 percent. The administration said freight volumes at seaports were not overly impacted by the COVID-19 pandemic and remain on an upward trend despite growth being slower than the average in previous years. Nevertheless, the number of cruise ships and passengers fell significantly, especially from abroad. To resolve difficulties facing businesses, the administration said it has simplified administrative procedures and provided essential equipment to ensure loading and … [Read more...] about Cargo handled at seaports up in Q1
More than 24,000 workers are now confined to their dorms - on full pay and with meals provided. The government says it is also "aggressively" testing and has started moving some virus-free residents to empty properties or army camps to try to reduce the density. … [Read more...] about Coronavirus: Should the world worry about Singapore’s virus surge?
According to the Vietnam Securities Depository (VSD), once the T+0 system takes effect, it could boost trading liquidity and benefit both investors and securities firms, especially when the market vulnerable to the volatility of the global markets amid fears about the instability of economic and political relations and the spread of coronavirus. … [Read more...] about BUSINESS NEWS HEADLINES APRIL 8