Vietnam cracks down on boxline surcharges

Vietnam cracks down on boxline surcharges

Hanoi is trying to take control of surcharges put in place by containerlines calling at Vietnam.

The finance ministry concluded in a recent report that foreign boxlines are enforcing many different surcharges on shippers. The report identified 70 different surcharges, many deemed “unclear” and too high. Surcharges accounted for more than a third of the revenues made by 20 foreign boxlines calling at Vietnam last year. Terminal handling charges were deemed especially punitive.

Now the government has asked the finance ministry to come up with regulations on fees and surcharges.

Foreign boxlines account for 88% of the nation’s exports, something the national government is keen to try and reverse.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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