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
VIETNAM ECONOMY INVESTMENT
VIETNAM’S AGRO-FORESTRY-FISHERY EXPORTS JUMP NEARLY 30% IN JANUARY
Vietnam’s exports of agricultural, forestry and fishery products surged nearly 30% year-on-year in January 2026, driven by strong growth across major commodity groups and key export markets, according to the Ministry of Agriculture and Environment. Export turnover for the sector in January is estimated at nearly US$6.51 billion, up 29.5% from the same period last year, the ministry said at a regular press briefing on February 5.
VIETNAM MONTHLY STATISTICAL DATA
INFOGRAPHIC SOCIAL-ECONOMIC PERFORMANCE IN JANUARY OF 2026
The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.
MEMBER CORNER / PROMOTIONS
PHUC VUONG DISTRIBUTES "TET REUNION" GIFTS: SENDING LOVE TO THE CONSTRUCTION SITES
On the afternoon of February 6th, amid the busy year-end atmosphere, Phuc Vuong Company organized the "Tet Reunion – Spring Connection" gift-giving event right at the construction site. This annual activity aims to honor the "dream builders" who have dedicated themselves to the company's growth. The General Director was present to personally express his sincere gratitude and hand over meaningful Tet gifts to the workers.
HOSPITALITY / TOURISM / ENTERTAINMENT
INTERNATIONAL ARRIVALS TO VIETNAM REACH NEW MONTHLY HIGH
International arrivals to Vietnam hit a new monthly record in January 2026, rising 21.4% from the previous month and 18.5% year-on-year, according to the National Statistics Office. Air travel continued to dominate, accounting for nearly 80% of all arrivals. Arrivals by land nearly doubled compared with the same period last year, while sea arrivals rose by about 30%, though they remained a small share.
PROPERTY / INDUSTRIAL ZONE
HCMC APPROVES 28 MORE LAND PLOTS FOR HOUSING DEVELOPMENTS
HCMC has approved 28 out of 30 proposed land plots for pilot housing developments, covering a combined area of more than 750,600 square meters, according to a newly adopted resolution. The approved sites are spread across multiple wards and communes, with a strong concentration in the city’s southern and eastern areas.
VIETNAM ECONOMY INVESTMENT
VIETNAM SEES STEADY FDI DISBURSEMENT BUT SLOWER EXPANSION IN JANUARY
Foreign direct investment (FDI) disbursement in Vietnam rose in January, while newly registered capital fell sharply, pointing to stable project implementation but slower investment expansion. Data from the Ministry of Finance showed that January FDI disbursement increased 11.26% year-on-year to US$1.68 billion, reflecting continued execution and expansion of existing foreign-invested projects.
Events Sponsors
