Ports see Jan-Oct cargo throughput rising 3% y-o-y

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Vietnam, Algeria eye stronger trade in farm produce

Vietnam, Algeria eye stronger trade in farm produce

Trade June 12, 2026

HCMC – Vietnam and Algeria are seeking to strengthen direct business links to expand trade in agricultural products and reduce intermediary costs, Vietnamese Ambassador to Algeria Tran Quoc Khanh told businesses and officials in Algeria's Skikda Province.

HCMC – Cargo throughput at ports nationwide reached 608.3 million tons between January and October, meeting 84% of the year’s target and rising by 3% year-on-year, according to the Vietnam Maritime Administration.

According to SSI Research, the shipping sector's growth prospects remained grim in light of the weakening global economy.

However, many domestic port operators saw positive results in operation despite socioeconomic challenges.

In the north, the Port of Haiphong Joint Stock Company announced a consolidated pre-tax profit of VND222.2 billion in the third quarter of 2022, increasing by 20% year-on-year.

The Danang Port Joint Stock Company in the central coastal city of Danang recorded that cargo throughput and total services earnings between July and September rose by 3.4% and 14.4%, respectively.

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Vietnam, Algeria eye stronger trade in farm produce

Vietnam, Algeria eye stronger trade in farm produce

Trade June 12, 2026

HCMC – Vietnam and Algeria are seeking to strengthen direct business links to expand trade in agricultural products and reduce intermediary costs, Vietnamese Ambassador to Algeria Tran Quoc Khanh told businesses and officials in Algeria's Skikda Province.