Vietnam to Seek Investment to Develop Its Seaport System

November 2023

Vietnam is planning to modernize its seaport system. There are 286 terminals with over 96km of quays in total nationwide at present, capable of handling over 706 million tons of cargo. Among them, the seaport complexes in northern Hai Phong city and Ho Chi Minh City are among the world’s 50 biggest container ports.

Under the general plan for developing Vietnam’s seaport system for 2021 – 2030 with a vision to 2050, two special seaport complexes, Lach Huyen in Hai Phong and Cai Mep – Thi Vai in southern Ba Ria – Vung Tau province, will be developed to serve international vessels.

Meanwhile, the Cai Mep – Thi Vai complex was chosen to become an international transshipment port as it is one of the 23 facilities worldwide capable of handling vessels with a deadweight tonnage (DWT) of up to 250,000. It is also among the world’s 50 seaports handling the biggest volumes of containers. It accounts for over 16% of the total cargo throughput at seaports across the country, 35% of the container cargo volume nationwide, and 50% of the container cargo volume in the south.

The Ministry of Transport (MoT) will consider suitable policies to develop international transshipment ports in Van Phong of the central province of Khanh Hoa. Besides, it assesses the Tran De Terminal in Soc Trang province as potential for becoming a special seaport to serve as the gateway port of the Mekong Delta.

According to the MoT’s Vietnam Maritime Administration, by 2030, the seaport system in Vietnam will be developed to handle 1.14 – 1.42 billion tons of cargo, including 38 – 47 million TEUs (twenty-foot equivalent units) of container goods, and 10.1 – 10.3 million passengers.

(Source: Vietnam Maritime Administration)

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