Sustainable Development of Inland Waterways Transport in Vietnam : Strengthening the Regulatory, Institutional and Funding Frameworks
Vietnam has a long history of using its rivers and canals for transportation of goods and people. Today, Vietnam’s waterways transport about 17 percent of all domestic goods tonage loaded in Vietnam and perform nearly 19 percent of all traffic task...
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| Format: | Report |
| Language: | English English |
| Published: |
Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099356004222217767/P16270706d5e650980ab1404138f895685b http://hdl.handle.net/10986/37975 |
| Summary: | Vietnam has a long history of using
its rivers and canals for transportation of goods and
people. Today, Vietnam’s waterways transport about 17
percent of all domestic goods tonage loaded in Vietnam and
perform nearly 19 percent of all traffic tasks, a measure
which combines both tonnes loaded and distance carried.
These are very high levels by international standards, and
Vietnam’s national freight task proportion is more than
double that for China, the United States, and the European
Union where inland waterways are also prevalent. Right after
its integration into the international economic community in
the late 1980s, Vietnam listed the development of inland
waterways transport as one of its priorities to boost
economic growth. Overcoming financing constraints, the
country has made enormous strides in developing its inland
waterways transport by efficiently exploiting the natural
conditions of its rivers and canals. However, exploiting
only the natural conditions of Vietnam’s inland waterways
could diminish the country’s competitive advantage over
time. In order to bring the waterways’ great potential into
reality, further investment is required in the institutional
structure, in strengthening the legal and regulatory
framework, and in improvement of the funding framework for
the sector. This report provides a comprehensive review and
assessment of the challenges that the sector faces, along
with a reform program recommended to the government of
Vietnam that could help improve the enabling environment for
the inland waterways transport industry and further its
growth and technical sophistication. |
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