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Vietnam needs $13.3 bn to develop seaport system by 2030: Ministry

March 30, 2023

Vietnam will need $13.3 billion to develop a seaport system by 2030, the transport ministry said. Seventy-eight per cent of that will be used for developing ports, and the rest for public maritime infrastructure. Light houses in islands and archipelagos, infrastructure for marine safety and coastal information stations would also be built.

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More private capital required for VN seaports

April 20, 2023

A downturn in exports may prompt the private sector to reevaluate its investment plans in the nation’s seaports, which are estimated to require over $13 billion by 2030.

 

Vietnam’s largest non-tariff seaport zone kicked off in Haiphong

May 14, 2023

The US$ 469-million Xuan Cau Industrial and Non-Tariff Cluster is located at Lach Huyen Deep Sea Port in the northern port city of Haiphong.

Invested by Vietnamese firm, Xuan Cau-Lach Huyen Investment JSC, the project covers 369 hectares of industrial production areas and 173 hectares of warehousing and logistics service areas in Dinh Vu-Cat Hai Economic Zone. According to the Haiphong City People's Committee, the seaport industrial park will play a logistics role for Lach Huyen Port, which can handle container ships of up to 150,000 DWT. The first phase is expected to be completed in 2025 and will employ about 50,000 workers.

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HCMC hub port a 'breakthrough'

May 13, 2023

A $5.4 billion hub port in HCMC's Can Gio District will be a breakthrough for both the southern metropolis and the Mekong Delta, an economic expert said Friday.

Construction of the port, expected to cost VND129 trillion ($5.4 billion), will be divided into seven stages. The first stage is expected to be completed in 2024, while the final stage would be completed in 2045. An overpass and more roads would also be built to connect the port with automobile traffic throughout the south.

 

APM Terminals, HATECO to develop new Vietnamese terminal

March 27, 2023

APM Terminals (APMT) has announced a strategic partnership with Vietnamese HATECO group for a project to develop two new deep-water berths at Lach Huyen port in Haiphong City, Vietnam. The project is anticipated to see the development of two berths with the total length of 900 metres (450 metres each), capable of accommodating container vessels with a capacity of up to 18,000 TEU.

The investor, HATECO, intends to complete all construction works and deploy equipment by the end of 2024 and the new terminal is expected to become operational by Q1 2025, reported APMT. In the initial phase, the facility will have 5 ship-to-shore (STS) cranes and 14 rubber-tyre gantry (RTG) cranes.

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ZIM and Hai An form joint venture for shipping services in Vietnam

Feb 27, 2023

ZIM Integrated Shipping Services and Hai Phong-based Hai An Transport and Stevedoring Joint-stock Company (HATS), have announced the launch of Lotus Link, a joint venture to operate domestic shipping services in Vietnam.

The joint venture will serve major Vietnamese ports Ho Chi Minh City, Da Nang and Hai Phong, as well as satellite provinces and their catchment areas, where direct access to domestic and international shipping services is currently limited. The initiative aims to benefit Vietnamese manufacturers, importers, and exporters.

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Investments in ports - more high-tech and more Asian

Jan 14th 2023

Driverless vehicles whizz across five new berths at Tuas Mega Port, which sits on a swathe of largely reclaimed land at the western tip of Singapore. Unmanned cranes loom overhead, circled by camera-fitted drones. The berths are the first of 21 due by 2027. When it is completed in 2040, the complex will be the largest container port on Earth, boasts PSA International, its Singaporean owner.

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Vietnam Seaport Industry to See Brighter Outlook In 2023

December 29, 2022

The outlook for Vietnam’s seaport industry may be brighter in the near future thanks to strong FDI disbursement and some trade agreements entering into force, according to VNDirect Securities.

The global seaport and shipping industry will face many difficulties in 2023 due to the economic downturn, which negatively affects trade activities and sea freight volume, said the leading Vietnamese broker in a new report.

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China’s Self-Driving Trucks: Eco-Efficiency to Port in Thailand

21 October 2022

Equipped with advanced AI machine-learning technology and a wireless charging system, the Chinese-made Q-Trucks are able to operate non-stop for more than 24 hours or can travel as far as 140 km.

Suttirat Tosak was happy to see his new partners from China, 20 electric and autonomous Q-Trucks, join in loading and unloading activities at Laem Chabang port, Thailand's largest deep sea port.

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Gulf Energy-led consortium signs $927 million deal on Laem Chabang Phase III project
December 2, 2021
A joint venture (JV) led by Gulf Energy Development Plc will develop Phase III of Thailand’s Laem Chabang port following a new deal signed with the national authority. On 25 November the JV signed the public-private partnership contract with the Port Authority of Thailand (PAT) worth 30.9 billion baht ($927 million) to develop Laem Chabang Port Phase 3, Terminal F project in Chonburi province.

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Master plan approved on Vietnam's seaport system development in 2021-2030 

September 22, 2021

Deputy Prime Minister Le Van Thanh signed Decision 1579/QD-TTg, approving the master plan on development of Viet Nam’s seaport system in the 2021-2030 period, with a vision towards 2050. 

The master plan sets out the target that, by 2030, the throughput of goods through the seaport system is expected from 1,140 to 1,423 million tons (of which container cargo is from 38 to 47 million TEU); with 10.1 to 10.3 million passenger arrivals. Regarding infrastructure: To give priority to develop international gateway ports: Lach Huyen (Hai Phong) and Cai Mep (Ba Ria-Vung Tau).

In addition, strive to 2050, to develop the synchronous and modern seaport system on a par with the region and the world, meeting green port criteria; the capacity of the seaport system will meet the demand for throughput of goods with an average growth rate of about 4.0 to 4.5%/year; the average growth of passengers is about 1.2 to 1.3%/year.

By 2030, Viet Nam needs to seek about VND 313 trillion (US$ 12.8 billion) to modernize the seaport system. 

This Decision takes effect on the signing date.

 

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