DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/61bf18/vietnam_freight_tr) has announced the addition of the "Vietnam Freight Transport Report Q1 2012" report to their offering.
The Vietnam Freight Transport Report provides industry professionals and strategists, corporate analysts, freight transportation associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Vietnam's freight transportation industry.
Vietnam's freight transport sector is set to continue its steady growth trajectory over the medium term with the spectre of overcapacity a looming threat on the horizon. The required pace of expansion continues to pose a problem due to the state of infrastructure in the country and BMI cautions that investment is needed if Vietnam is to fulfil its potential.
In terms of year-on-year (y-o-y) tonnage growth, the Port of Ho Chi Minh City is set to lead the way in 2012, with a healthy increase of 7.96% forecast, while air, road and rail are all expected to perform solidly in 2012 and to 2016.
Headline Industry Data
- 2012 rail freight tonnage is set to increase by 5.29% to 8.62mn tonnes.
- 2012 air freight tonnage is forecast to rise by 5.72% to 206,960 tonnes.
- 2012 road freight tonnage is forecast to grow by 6.97%.
- 2012 total trade is forecast to rise by 7.25%
Key Industry Trends
- Ho Chi Minh Faces Overcapacity And Infrastructure Concerns
- Upgrade For Mekong Delta Ports Crucial To Economic Growth
- Kerry Logistics Invests In Vietnam
Companies Mentioned:
- Vietnam Airlines Cargo
- Vinatrans
- Vietnam National Shipping Lines (Vinalines)
- Vietnam Petroleum Transport Company (VIPCO)
For more information visit http://www.researchandmarkets.com/research/61bf18/vietnam_freight_tr