Vietnam to Invest USD 2.6 Billion in Upgrading Hai Phong Port System by 2030

July 2025

The Ministry of Construction has greenlit a major VND 66 trillion (USD 2.6 billion) investment plan to expand and upgrade Hai Phong’s port infrastructure by 2030. The project aims to boost the capacity of northern Vietnam’s largest port hub in response to increasing cargo volumes and growing international trade demand.

The development plan covers the construction of 61 to 73 terminals across key zones such as Lach Huyen, Dinh Vu, Cam River – Pha Rung, Nam Do Son, Van Uc, and Bach Long Vi Island. It also includes building anchorages and storm shelters to enhance resilience and safety. By 2030, the Hai Phong port system is expected to handle between 175.4 and 215.5 million tonnes of cargo and 22,800 passenger visits annually. The Lach Huyen terminal zone alone is projected to accommodate 90 million tonnes of cargo and 11,000 passengers annually by 2030. It will house 18 berths, capable of handling vessels up to 18,000 TEUs.

Total land and water use will span approximately 1,638 hectares and over 116,000 hectares, respectively. Of the VND 78 trillion (USD 3 billion) projected investment needed, more than VND 66 trillion (USD 2.5 billion) is earmarked for port infrastructure, with the remainder allocated to public maritime infrastructure development.

Currently, Hai Phong is connected to 14 international shipping routes, including six trans-Pacific routes to the Americas, one to Australia, and two to India. However, the Vietnam Maritime and Waterway Administration noted that existing port infrastructure is struggling to keep pace with rising demand, as evidenced by the 160.5 million tonnes of cargo processed in 2024. The approved expansion aims to address these capacity constraints and position Hai Phong as a key logistics gateway in the region.

(Source: Vietnamnet)

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