The Government of Vietnam is encouraging foreign investors to support its ports infrastructure project through the public-private partnership (PPP) scheme. It is estimated that an investment of up to VND100 trillion (US$4.3 billion) is needed to increase the capacities of the country's ports.
The cargo transports through the ports are expected to rise from 442 million tonnes in 2017 to 640-680 million tonnes in 2020 and 1.04-1.16 billion tonnes in 2030. The Vietnam Marine Strategy until 2020 seeks to modernize and improve the country's sea transport. It aims to integrate an affordable, safe and pollution-free, sea transport of trades.
Currently, the country accommodates 550 million tonnes of cargo a year through its 31 ports. Major ports include Hai Phong, Lach Huyen, Da Nang, Cai Mep-Thi Vai, and Cat Lai.
Country updates
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July 15, 2019
Sumitomo Corporation Acquires Stake in Gemadept Corporation
Sumitomo Corporation, together with the Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN) and Suzuyo & Co., Ltd. (Suzuyo), has acquired, through a l...
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June 12, 2019
654 kilometers of expressway to be built in Vietnam
The Ministry of Transportation (MoT) in Vietnam is set to tender the Eastern North-South Expressway project in August 2019. The project includes the development of 654 km long Eastern North-South...
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June 11, 2019
Navis Capital Partners announces the acquisition of Thanh Thanh Cong Education JSC
Navis Capital Partners (Navis), an Asia-based private equity firm, has completed an investment in Thanh Thanh Cong Education JSC (TTCE). TTCE is a high-quality Vietnamese private education platform op...
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April 09, 2019
IFC selected as transaction adviser for the daycare hospital PPP in Ho Chi Minh
The International Finance Corporation (IFC), a unit of World Bank, has been appointed as the transaction adviser for the medical training and outpatient centre project in Ho Chi Minh City, Vietnam.&nb...
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January 28, 2019
Vietnamese provincial government supports proposed railway restoration through PPP
The People’s Committee of Lam Dong, a province in the Central Highlands region of Vietnam, has expressed support for a proposal to restore a railway built during the country's colonial...
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