Vietnam requires shipping firms to publicise freight tariffs

Vietnam requires shipping firms to publicise freight tariffs

The Vietnamese government has announced that it is considering implementing a new decree that would require shipping companies to publicise their freight tariffs including surcharges and commissions paid to brokers, Vietnamese local media reported.

The government intends to use the decree to protect importers and exporters. According to a government audit report, many shipping lines operating in Vietnam impose an average of 70 kinds of surcharges, many of which are unclear or unreasonably high, including terminal handling charges, container clearances, and maintenance.

The government is currently accepting opinions from the public. A number of foreign firms have expressed concerns about the decree as they are worried that it would damage their contract confidentiality.

Currently there are around 40 foreign shipping companies operating in Vietnam, handling about 88% percent of cargo to and from the country.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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