Technical Report No. 8 PORT AND SHIPPING

3.5 Finance and Management
Role of Port Office
II-3-13
Vietnam National Transport Strategy Study (VITRANSS)
Technical Report No. 8
Shipping and Ports
The port office has two functions, i.e., administration and service, and it consists
of the following sections:
Administration: General and Personnel Affairs, Development Planning, Port
Operation, Accounting, Technical Service, etc.
Services: Contracted out to stevedoring, warehousing and machinery
maintenance enterprises
Therefore, a port office is responsible for:
• All undertakings regarding port facilities and equipment, covering construction,
purchase, maintenance, and repair;
• Formulation of implementation programs for port development and
management;
• Port finance;
• Provision of cargo handling and storage services;
• Determination and collection of port charges;
• Security within port areas; and
• Dredging work in the port.
Annual Reports by VINAMARINE and VINALINES
Capital investment in VINAMARINE reached VND 108,375 million in 1998,
representing 26% of total investment of all sectors. Eighty-three percent (83%) of
this or VND 89,575 million was used to implement projects (refer to Table 3.5.1).
The financial report of VINALINES revealed that planned investment in
construction in 1998 was almost realized. Investment in equipment was less than
planned – only 71% in Hai Phong projects, 70% in Saigon project and 75% as
additional capital (refer to Table 3.5.2).
In addition, the turnover in 1998 exceeded the planned level in all ports except
Quang Ninh port. Overall, the contribution to state budget by the port sector was
double that of the shipping sector (refer to Table 3.5.3).