Fuzzy Multi Criteria Evaluation for Performance of Vietnam Container Shipping Companies (Focussing on domestic companies including to previous study)

  • NGO, Phuong Thao (Graduate school of Mokpo National Maritime University) ;
  • YOON, Dae-Gwun (Division of Maritime Transportation System, Mokpo National Maritime University) ;
  • KEUM, Jong-soo (Division of Maritime Transportation System, Mokpo National Maritime University)
  • Published : 2017.04.27

Abstract

Nowadays, container transport services play a substantial role in global cargo transportation by serving as an intermodal between the exporter and importer. Container shipping has become increasingly important over the past few decades due to its obvious advantages. However, Vietnam's container market has shown severely ongoing competition among numerous domestic and foreign shipping lines resulting in serious consequences occurring such as the freight rates substantially decreasing within the last ten years. In fact, Vietnam's sea lanes have become more defensive to cover the losses of shipping companies. Selection of criteria for competitive evaluation of container transport companies is necessary to help recognize the problems within the enterprise especially relating to its position in the market and from here, business management are able to put strategic plans in place and reasonable policy in order to be able to survive and grow.

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