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Overloaded ports weigh down Vietnam

Vietnam’s over-burdened shipping infrastructure is taking a big toll on freight operations, with the peak port authority estimating the industry loses US$2.4 billion a year because it can’t reach the country’s best docks. Cai Mep International Terminal (CMIT), 50 kilometers southeast of Ho Chi Minh City, the nation’s commercial hub, provides deep-water access for larger […]