Want to be in the loop?
subscribe to
our notification
Business News
NEW PORT PLANNED FOR SOUTH-CENTRAL PROVINCE OF BINH THUAN
A new general port with capacity to receive ships of up to 150,000 DWT will be built in the south-central coastal province of Binh Thuan.
The Vietnam Maritime Administration has written a statement asking the Ministry of Transport for approval of Son My Industrial Park Infrastructure Investment and Construction Company Limited’s proposal to invest in building the general port with the aim of serving Son My 1 Industrial Park.
The proposed port will be located in Son My commune in the province’s Ham Tan district, covering an area of more than 160 hectares.
It will have a port harbor with three general wharfs and three specialised wharfs. General wharfs can handle ships of 30,000-50,000 tonnes and specialised wharfs can receive ships of 50,000-150,000 tonnes.
Construction of the port is divided into two phases and is expected to be completed by 2026.
Building a breakwater and an embankment, renovating the yards and warehouses, dredging the channels and canals, and setting up navigation signals will also be done.
According to the master plan of the development of Vietnam’s seaport system in the period of 2021-2030, with a vision to 2050, Binh Thuan will develop port areas in Vinh Tan, Son My, Ke Ga, and Phan Thiet, and offshore terminals.
The general port in Son My is expected to directly serve the Son My Industrial Park, LNG warehouse and Son My electricity centre, including general wharfs and passenger berths.
It is designed to serve ships transporting gas, oil and other liquids, with a total capacity of 4.5-6 million tonnes a year.
The Vietnam Maritime Administration has also proposed that the Ministry of Transport direct local authorities to coordinate with the investor to ensure the implementation progress of the port is in line with local good transportation demand.
This requires ensuring the port does not negatively impact the ground, water surface and coastal areas.
The investor also needs to work with local authorities for instructions on construction-related administrative procedures and other related regulations to expedite the work, it said.
Source: VIR
Related News
VIETNAM EXPANDS INLAND CONTAINER DEPOT NETWORK TO 19
The two newly added ICDs are Cai Mep in HCMC and Tan Cang-Moc Bai (phase one) in Tay Ninh Province. Cai Mep ICD, located in Cai Mep Industrial Park in Tan Phuoc Ward, HCMC and developed by Cai Mep International Logistics JSC, covers 9.15 hectares and has an annual handling capacity of about 133,000 TEUs, according to the Government news site (baochinhphu.vn).
HCMC CREDIT UP 1.5% IN Q1
Outstanding loans in the city reached an estimated VND5.28 quadrillion, up 0.77% from the previous month and 16.25% year-on-year, data from the State Bank of Vietnam’s Regional Branch 2 showed. Vietnam dong loans accounted for 96.1% of total credit and rose 1.46% from the end of 2025. Medium- and long-term lending made up 55% of total outstanding loans and increased 3.22%.
HCMC TO ESTABLISH CULTURAL INDUSTRY DEVELOPMENT FUND
The HCMC People’s Committee has tasked relevant departments with establishing a cultural industry development fund and developing a 150-hectare film studio complex. The move follows an instruction by HCMC Party Committee Secretary Tran Luu Quang. The city’s cultural industry development fund will be structured under a venture capital model.
EMPLOYEES’ AVERAGE INCOME INCREASES
Average monthly income of workers in the first quarter reached VND9 million, up 3.8% from the previous quarter and 8.5% from a year earlier, according to the National Statistics Office. Male workers earned an average of VND10.1 million per month, compared with VND7.7 million for female workers. In urban areas, average income reached VND10.7 million per month, while in rural areas it was VND7.9 million.
HCMC KICKS OFF OVER 10 PROJECTS DURING APRIL
Work will start on major projects in transportation, urban development and logistics sectors in HCMC this month, coinciding with Vietnam’s Reunification Day, April 30. They include the N3 ramp at the An Phu interchange with an investment of VND3.4 trillion and the 1.69-hectare Tan Chanh Hiep Park. In addition to these, seven other projects are slated to break ground within the month, including the Ho Tram – Long Thanh airport urban expressway, the Nha Rong – Khanh Hoi port area and the Ho Chi Minh Museum expansion.
VIETNAM’S Q1 FOREIGN TOURIST ARRIVALS HIT RECORD HIGH
Vietnam welcomed nearly 2.1 million international visitors in March, bringing first quarter foreign tourist arrivals to 6.76 million, up 12.4% year-on-year and marking a record high for the period, the national authority for tourism said. Air travel accounted for 82.3% of international arrivals, followed by land at 15.5% and sea at 2.2%, according to the Vietnam National Authority of Tourism.
























