The Incheon Port Authority has announced that Maersk launched its new PH5 service at the Incheon Port on March 4, a weekly container service that connects the Republic of Korea’s Incheon with Vietnam and Thailand via China.

Nearly 5,000 shipping containers have got stranded at HCMC ports as of February, causing disruptions to businesses that import and export goods through the ports, according to the HCMC Department of Customs.

The recent increase in Terminal Handling Charges (THC) by foreign shipping companies operating in Việt Nam has raised significant concerns within the local shipping industry.

The shipping industry is facing major investments and solutions are needed to promote the potential and advantages of a maritime nation.