Want to be in the loop?
subscribe to
our notification
Business News
SEAPORTS TO FOSTER SOUTH-CENTRAL REGION ECONOMIC DEVELOPMENT
The construction of a series of seaports in the south-central region is expected to drive its maritime economic development, according to local government leaders.
Lưu Xuân Vĩnh, Chairman of the Ninh Thuận Province People's Committee, said the VNĐ1.463 trillion (US$63.1 million), 108ha Cà Ná Sea Port Complex, whose construction began last month in Thuận Nam District, would play an important role for the locality and region, fostering economic development and attracting investment.
In phase 1, it was designed to handle 3.3 million tonnes of cargo a year. It would have two wharves capable of berthing ships of up to 70,000-100,000 DWT and another with 20,000DWT capacity.
One of the two former wharves would be completed by the end of 2022 and the other in October 2025.
The smaller wharf was scheduled to be completed in August 2026.
"The port will [help] merchandise exports, contribute to attracting investment and serve the needs of production and processing projects in industrial parks and industrial clusters in Ninh Thuận Province and the south-central and Tây Nguyên (Central Highlands) regions,” Vĩnh said.
“It will play an important role in supporting the transport of equipment for renewable energy projects such as wind and solar power projects in the province.”
Neighbouring Bình Thuận Province plans to build the Sơn Mỹ international port in the commune of the same name in Hàm Tân District.
It will have a specialised wharf for liquefied natural gas (LNG) that can handle ships of up to 100,000DWT, an international passenger wharf that can berth ships of up to 225,000 GRT and a general berth capable of handling ships of up to 50,000 DWT.
Bình Thuận Province also plans to build a specialised LNG port with a capacity of up to 170,000 DWT in Tân Thành Commune, Hàm Thuận Nam District, to serve the gas-fired power plant in Mũi Kê Gà.
Among the south-central provinces, Khánh Hòa has the largest number of ports: 16.
Hoàng Đình Phi, head of the management board of the province’s Văn Phong Economic Zone, said Nam Vân Phong Port in Ninh Hòa town opened recently to serve the south-central and Central Highlands regions.
It can dock ships of up to 70,000DWT now and 100,000DWT in the near future.
Meanwhile, Bắc Vân Phong Port is under construction in Đầm Môn, Vạn Ninh District. One wharf that can handle ships of up to 50,000 DWT has been completed.
Mai Đình Vũ, chairman of Vân Phong Port Company Limited, said though the port had yet to be completed, it had already received many foreign ships. With a rising number of cargo vessels of 50,000-70,000DWT registering to enter the port his company was seeking to increase the capacity of the remaining two wharves to improve the port’s efficiency.
According to the Ministry of Transport, the south-central region will have five key ports.
Quy Nhơn Port in Bình Định Province is a major national port with 18-20 million tonnes of goods passing through it annually. Vũng Rô Port in Phú Yên handles 5.8 - 6.3 million tonnes a year. Ninh Thuận Port has a cargo throughput of 15.8 -17.5 million tonnes.
Khánh Hòa Port handles 15.9 - 18.6 million tonnes of goods a year.
Source: VNS
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.
























