Maritime industry in Vietnam - statistics & facts
In Vietnam, a significant share of domestic cargo is moved via sea transport due to its cost-effectiveness as compared to overland transport. Having one of the highest liner shipping connectivity indexes in Asia, Vietnam has become internationally recognized as a regional maritime trade hub. Given its location advantage and potential for shipbuilding, the Vietnamese maritime industry has been relatively attractive for foreign investments. Additionally, this industry is highly integral to Vietnam’s export-based economy, as exports accounted for a high share of the container cargo throughput.
