Want to be in the loop?
subscribe to
our notification
Business News
CAI MEP INTERNATIONAL TERMINAL RUNNERS UP IN PERFORMANCE EVALUATION OF ASIA'S CONTAINER PORTS
Cai Mep International Terminal (CMIT) was the runner-up in the performance evaluation of Asia's container ports in 2018. The French shipping company CMA CGM Group, one of the world’s largest shipping company and member of the Ocean Alliance has announced the performance evaluation of Asia's 22 container ports in 2018.
The evaluation includes four criteria with five degrees, including berth productivity, waiting time for pilot, waiting time for berths and time for ships to wait at ports before and after cargo handling.
The CMIT has been highly evaluated at the first three criteria and ranked second after Xiamen Terminal.
Every week, the CMIT welcomes 13 trains heading directly to the East and West coasts of the US, two to the Europe and five to Asia.
Tan Cang – Cai Mep International Terminal Co., Ltd is a joint venture among Saigon Newport Corporation, Mitsui O.S.K. Lines (Japan), Wan Hai Lines (Chinese Taipei) and Hanjin Transportation (the Republic of Korea).
The Investment Certificate was granted for TCIT by the Vietnamese Government in September 2009, with the capital investment about US$100 million, equivalent to around VND 2,000 billion.
Being a deep-water port located near Cai Mep - Thi Vai river T-junction, 18 nautical miles away from Vung Tau pilot station, TCIT can provide high level of convenience for transshipment cargoes to Ho Chi Minh City, Binh Duong, Dong Nai, Long An and vice versa.
The channel depth is minus 14 meters, water draft at berth could reach minus 16.8 meters, turning basin has a diameter of 600 meters, thus suitable for serving large container vessels up to 160,000 DWT (approximately 14,000 Teus).
Source: VGP
Related News
MEMBER CORNER / PROMOTIONS
SENTRYSAFE CHW20201 - EFFECTIVE WATER RESISTANCE, MAXIMUM PROTECTION
In unexpected flooding situations, the most important thing is to keep your valuables dry and intact. SentrySafe CHW20201 is specially designed with superior water-resistant capabilities, helping protect documents, cash, and important belongings even when fully submerged. Proven in real testing: After water submersion, the documents inside remain dry - undamaged.
MEMBER CORNER / PROMOTIONS
AN ELECTRIFYING NIGHT WITH THE "QUEEN OF DANCE" THU MINH AT THE GRAND HO TRAM!
The stage at The Grand Ballroom is set to catch fire as Vietnam’s undisputed "Queen of Dance," Thu Minh, takes the spotlight. Renowned for her powerhouse vocals, magnetic stage presence, and sultry, high-energy performances, Thu Minh promises an evening of pure musical euphoria. The energy escalates with an exclusive appearance by special guest and The Voice champion, Vu Thao My.
HR / LABOUR/ EMPLOYMENT
HIGH-QUALITY HUMAN RESOURCES NEEDED TO ATTRACT NEW TECH INVESTMENT CAPITAL
Besides infrastructure, Việt Nam must also rapidly develop a highly skilled workforce to attract investment in AI, semiconductors and advanced manufacturing, experts have said. Don Lam, CEO and co-founder of investment management company VinaCapital, said that global technology investors were increasingly looking at the readiness of the entire ecosystem, with high-quality human resources a decisive factor.
HR / LABOUR/ EMPLOYMENT
HIRING OUTLOOK STRENGTHENS IN Q4 AS SKILLS SHORTAGES PERSIST
Hiring intentions among employers in Việt Nam strengthened in the fourth quarter, with 52 per cent of surveyed companies planning to increase headcount between October and December, according to a ManpowerGroup survey released this week. Việt Nam's hiring outlook was stronger than the Asia Pacific and Middle East (APME) regional average of 33 per cent and the global average of 29 per cent, ranking third in the region and 11th globally among 42 markets surveyed.
BANKING / FINANCE / INSURANCE / TAX
LARGE BANKS FORECAST TO GAIN HIGHER PROFITABILITY IN H2 2026
The return on average assets (ROAA) of the banking sector will likely remain stable at around 1.5 per cent in the second half of 2026, but profitability divergence among banks will increase, with large banks outperforming peers on stronger margins and diversified earnings, analysts forecast. In a recent report on the banking sector, analysts from the Vietnam Investors Service Rating said the sector’s ROAA rose by 10 basis points quarter-on-quarter to 1.51 per cent in the first half of this year, driven by net interest margin (NIM) improvements at some State-owned banks and large private banks.
GARMENT / TEXTILE
VIỆT NAM'S FOOTWEAR, BAG EXPORTS TO US TOP $8 BILLION IN EIGHT MONTHS
Việt Nam's exports of footwear and handbags to the US exceeded US$8 billion in the first eight months of 2026, as the US and EU remained the country's biggest markets despite sluggish growth in footwear shipments. Exports from Việt Nam's leather and footwear sector reached more than $2.45 billion in August, down 9 per cent from July but up 3 per cent from a year earlier, according to preliminary statistics.
Events Sponsors
