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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Main Author: World Bank
Format: Report
Language:English
English
Published: Washington, DC 2022
Subjects:
Online Access:http://documents.worldbank.org/curated/en/099356004222217767/P16270706d5e650980ab1404138f895685b
http://hdl.handle.net/10986/37975
id okr-10986-37975
recordtype oai_dc
spelling okr-10986-379752022-09-09T05:10:46Z Sustainable Development of Inland Waterways Transport in Vietnam : Strengthening the Regulatory, Institutional and Funding Frameworks World Bank INLAND WATERWAY TRANSPORT ECONOMIC GROWTH TRANSPORT INFRASTRUCTURE RIVER AND CANAL FREIGHT LOGISTICS LEGAL AND REGULATORY TRANSPORT FRAMEWORK FUNDING INLAND WATERWAY TRANSPORT INTERMODAL CONNECTIVITY SUSTAINABLE DEVELOPMENT 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. 2022-09-08T14:23:50Z 2022-09-08T14:23:50Z 2022 Report http://documents.worldbank.org/curated/en/099356004222217767/P16270706d5e650980ab1404138f895685b http://hdl.handle.net/10986/37975 English en CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Economic and Sector Work (ESW) Studies :: Sector/Thematic Studies :: Other Infrastructure Study East Asia and Pacific Vietnam
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
English
topic INLAND WATERWAY TRANSPORT
ECONOMIC GROWTH
TRANSPORT INFRASTRUCTURE
RIVER AND CANAL FREIGHT
LOGISTICS
LEGAL AND REGULATORY TRANSPORT FRAMEWORK
FUNDING INLAND WATERWAY TRANSPORT
INTERMODAL CONNECTIVITY
SUSTAINABLE DEVELOPMENT
spellingShingle INLAND WATERWAY TRANSPORT
ECONOMIC GROWTH
TRANSPORT INFRASTRUCTURE
RIVER AND CANAL FREIGHT
LOGISTICS
LEGAL AND REGULATORY TRANSPORT FRAMEWORK
FUNDING INLAND WATERWAY TRANSPORT
INTERMODAL CONNECTIVITY
SUSTAINABLE DEVELOPMENT
World Bank
Sustainable Development of Inland Waterways Transport in Vietnam : Strengthening the Regulatory, Institutional and Funding Frameworks
geographic_facet East Asia and Pacific
Vietnam
description 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.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Sustainable Development of Inland Waterways Transport in Vietnam : Strengthening the Regulatory, Institutional and Funding Frameworks
title_short Sustainable Development of Inland Waterways Transport in Vietnam : Strengthening the Regulatory, Institutional and Funding Frameworks
title_full Sustainable Development of Inland Waterways Transport in Vietnam : Strengthening the Regulatory, Institutional and Funding Frameworks
title_fullStr Sustainable Development of Inland Waterways Transport in Vietnam : Strengthening the Regulatory, Institutional and Funding Frameworks
title_full_unstemmed Sustainable Development of Inland Waterways Transport in Vietnam : Strengthening the Regulatory, Institutional and Funding Frameworks
title_sort sustainable development of inland waterways transport in vietnam : strengthening the regulatory, institutional and funding frameworks
publisher Washington, DC
publishDate 2022
url http://documents.worldbank.org/curated/en/099356004222217767/P16270706d5e650980ab1404138f895685b
http://hdl.handle.net/10986/37975
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