VND 400,000 billion is needed to invest, and upgrade the seaport system

VCN - It is expected that the total investment demand in the seaport system will be VND 398,706 billion in the coming period. By 2025, it will be VND 147,164 billion, including the need for investment capital for public maritime infrastructure and the need for investment capital for the port; by 2030, an additional VND 251,542 billion.

Infrastructure capacity is increasingly being invested

Assessing Vietnam's seaport system in recent years, Deputy Minister of Transport Nguyen Xuan Sang affirmed that, after 20 years of developing seaport infrastructure according to planning, Vietnam's seaport system has determined that the model has a total length of over 90km, full loading and unloading functions with a throughput capacity of about 750 million tons/year. Up to now, Vietnam's seaports have been invested with many large and modern ports with high exploitation productivity equivalent to seaports in the region and the world.

Major seaports across the country have invested, upgraded, and fundamentally improved their capacity and service quality to ensure the reception of ships from over 30,000 to hundreds of thousands of tons, such as the port in Ba Ria - Vung Tau. As a result, the ship has received over 214,000 tons (over 18,000Teus); Hai Phong seaport at Lach Huyen receives ships of up to 145,000 tons (capacity of about 13,500 Teu).

Mr Le Tan Dat, Deputy General Director of Consulting and Construction Joint Stock Company of Maritime Works (TVH), said that as of October 2022, the whole country has 296 wharves/about 103 km in length, more than 4.7 times in 2000. In addition, international gateway ports have been established in the northern and southern regions; they successfully received container ships up to 132,000 DWT at Lach Huyen Wharf (Hai Phong), up to 214,000 DWT at Cai Mep Wharf (Ba Ria - Vung Tau).

In addition, large-scale specialized wharves associated with industrial parks, metallurgical complexes, refineries and petrochemicals, coal-fired power centres receive ships up to 200,000 DWT, liquid cargo up to 150,000 DWT (product ships), crude oil to 320,000 DWT, has achieved the planning targets by 2020.

Currently, the whole country has put into operation 45 public navigational channels, 11 specialized navigational channels, 94 lighthouses and 32 information stations stretching from Mong Cai to Ha Tien with a system of reception, transmission, supply and distribution. In addition, provide identification and position tracking information for ships and boats (LRIT) and VTS systems installed at significant seaports to effectively support the management and monitoring of ships' positions; supervise and manage second-line activities in seaport waters.

"It is expected that the total investment demand for the seaport system will be VND 398,706 billion in the coming period. By 2025, it will be VND 147,164 billion, including the need for investment capital for public maritime infrastructure and the need for investment capital for the port; by 2030, an additional VND 251,542 billion will be added," added Mr Le Tan Dat.

Major seaports across the country have invested, upgraded, and fundamentally improved their capacity and service quality to ensure the reception of ships from over 30,000 to hundreds of thousands of tons. Photo: H.Dịu
Major seaports across the country have invested, upgraded, and fundamentally improved their capacity and service quality to ensure the reception of ships from over 30,000 to hundreds of thousands of tons. Photo: H.Dịu

Consider investing in the form of PPP

As a type of development later than seaports, now inland ports are also gradually being invested in areas, and transport corridors with large volumes of container cargo, such as Mong Cai - Quang Ninh, Dinh Vu. - Hai Phong, Que Vo - Bac Ninh, Gia Lam - Hanoi, Duy Tien - Ha Nam, Nhon Trach - Dong Nai... The above-mentioned dry ports have made a very important contribution to the organization of the transport network, taking advantage of the particular efficiency and the transportation strength of each region, especially the inland waterway transport network, to transport goods with large volume, low cost and low pollution.

According to Mr Pham Hoai Chung, Institute of Strategy and Transport Development, up to now, the country has invested, announced and put into operation 10 dry ports. In addition, there are 6 inland customs clearance ports (ICDs) operating in the planned inland ports, but the investors have not yet carried out the procedures to convert them into inland ports according to regulations.

Inland ports and ICDs are mainly distributed on 5 corridors and economic areas out of 15 corridors, and economic zones with inland port planning, of which 4 coastal economic corridors in the North have been formed in total 5 inland ports are planned.

The total volume of goods imported and exported by container through inland ports and inland clearance points (ICD) currently operates about 4.2 million TEUs/year, of which 90% of goods go through customs ports. Inland (ICD) ports, including 6 ICD ports that have been planned to become inland ports and the whole cluster of ICD Truong Tho ports, Ho Chi Minh City... In particular, the cargo volume through 10 announced inland ports only accounts for about 10 % because most of these are newly formed and located in the North, except for the Tan Cang Nhon Trach dry port in Dong Nai.

To develop the inland port system in the future, Mr Pham Hoai Chung proposed to consider investing in inland port development in the form of public-private partnership (PPP) with large-scale inland ports in the direction of the state. As a result, the country creates favorable to complete the legal environment and promulgates mechanisms and policies for inland port development

At the same time, the planning for the development of the inland port system needs to be associated with the planning for the development of specialized transport by rail, road, sea, inland waterway and airway, especially planning to develop the seaport system to ensure uniformity and efficiency in the implementation of the plan.

By Xuân Thảo/Bui Diep

Related News

Textile and garment exports recovered positively

Textile and garment exports recovered positively

VCN - Vu Duc Giang, Chairman of Vietnam Textile & Apparel Association shared with Customs News about the production and export situation of Vietnam's textile and garment industry after many difficult periods.
Leverage to increase the scale of Vietnam - Laos trade turnover

Leverage to increase the scale of Vietnam - Laos trade turnover

VCN - From 2012 until now, trade turnover between the two countries has grown by 10-15%/year, but it has only reached US$1.65 billion which is not commensurate with the potential and special relationship between the two countries.
Improving legal framework, ensuring accessibility to green bonds

Improving legal framework, ensuring accessibility to green bonds

VCN - This is the recommendation of Mr. Nguyen Tung Anh (photo), Head of Credit Risk Research and Sustainable Financial Services (FiinRatings) in an interview with Customs Magazine reporters about green bond market development in Viet Nam.
Export-import quarter 1: The recovery trend is becoming clearer.

Export-import quarter 1: The recovery trend is becoming clearer.

VCN - The total export-import turnover of goods in the first quarter of the year is estimated to reach over $178 billion, an increase of 15.5% compared to the same period last year. Both exports and imports have achieved high growth rates, clearly reflecting the recovery trend.

Latest News

Vietnam earns 1.43 billion USD from rice exports in Q1

Vietnam earns 1.43 billion USD from rice exports in Q1

Vietnam in the first quarter of 2024 exported 2.18 million tonnes of rice, earning 1.43 billion USD, an increase of 17.6% in volume and 45.5% in value year on year. Meanwhile, the average export rice price also increased by 23.6% to $653.9 per tonne.
Localities get ready for fourth FDI boom

Localities get ready for fourth FDI boom

As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.
Opportunities to develop a smart and sustainable packaging industry

Opportunities to develop a smart and sustainable packaging industry

VCN - The concept of circular economy and sustainability requirements are increasingly influencing packaging design. In particular, highly recyclable packaging is gradually becoming an important part of the packaging process in the food and beverage industry. This is also one of the key factors promoting the development of Vietnam's packaging industry.
Domestic retailers eye export-quality products

Domestic retailers eye export-quality products

Domestic retailers are increasing the distribution of export-quality products to cash in on the consumption trend towards green, environmentally friendly and safe products.

More News

Launch of FDI Annual Report 2023

Launch of FDI Annual Report 2023

VCN - In 2023, industrial parks and economic zones kept attracting foreign investors with 27.7 billion USD of FDI capital investment; the number of new investment projects, adjusted investment capital and implemented FDI capital all increased compared to the previous year.
Vietnam has opportunities to attract, develop the offshoring market

Vietnam has opportunities to attract, develop the offshoring market

Vietnam is an attractive choice for businesses who are looking for outsource solutions, given its affordable workforce, highly skilled human resources and the constantly developing infrastructure of information technology and the telecommunications industry, said real estate consultancy firm Knight Frank in its report Asia-Pacific Horizon: Harnessing the Potential of Offshoring.
Nearly 600 million USD disbursed in support of agroforestry, aquatic sectors

Nearly 600 million USD disbursed in support of agroforestry, aquatic sectors

More than 15 trillion VND (597 million USD) has been disbursed under a credit scheme to support Vietnamese agroforestry and aquatic sectors since July last year, heard participants at a recent conference to discuss measures on maintaining Vietnam's key agricultural exports.
Be proactive and flexible with production materials

Be proactive and flexible with production materials

VCN - Enterprises' production and export orders have gradually returned, leading to many recovery prospects. Therefore, the issue of raw materials for production continues to be a major concern to meet rules of origin requirements.
Cooperate to build leading and "rich in vitality" state-owned enterprises

Cooperate to build leading and "rich in vitality" state-owned enterprises

VCN - In Vietnam, the contribution ratio of state-owned enterprises (SOEs) to GDP is approximately 30% but their competitiveness is not commensurate with the resources they hold, and many SOEs operate ineffectively.
Garment & textile sector tries to keep growth momentum

Garment & textile sector tries to keep growth momentum

The Vietnamese garment and textile sector is carrying out various measures to bolster production and business activities amidst formidable challenges posed by falling demand, high inventory, and geopolitical instability in several countries, according to insiders.
Access to the Chinese market is increasingly convenient

Access to the Chinese market is increasingly convenient

VCN - As Vice Chairman of the High Quality Vietnamese Goods Business Association, Mr. Nguyen Lam Vien (photo) is also Chairman of the Board of Directors of Vinamit Joint Stock Company - a very successful enterprise in the Chinese market, shared with Customs News many interesting information and advice for businesses to achieve success in this potential billion-people market.
China, US, Japan – largest importers of Vietnam’s fishery products in Q1

China, US, Japan – largest importers of Vietnam’s fishery products in Q1

China, the US and Japan were the three largest importers of Vietnam’s fishery products in the first quarter of this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s agricultural products appeal to foreign customers

Vietnam’s agricultural products appeal to foreign customers

Vietnam's agricultural products were sold well in foreign markets in Q1, with a surge in both volume and prices documented.
Read More

Your care

Latest Most read
Vietnam earns 1.43 billion USD from rice exports in Q1

Vietnam earns 1.43 billion USD from rice exports in Q1

Vietnam in the first quarter of 2024 exported 2.18 million tonnes of rice, earning 1.43 billion USD, an increase of 17.6% in volume and 45.5% in value year on year. Meanwhile, the average export rice price also increased by 23.6% to $653.9 per tonne.
Localities get ready for fourth FDI boom

Localities get ready for fourth FDI boom

As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.
Opportunities to develop a smart and sustainable packaging industry

Opportunities to develop a smart and sustainable packaging industry

VCN - The concept of circular economy and sustainability requirements are increasingly influencing packaging design. In particular, highly recyclable packaging is gradually becoming an important part of the packaging process in the food and beverage indus
Domestic retailers eye export-quality products

Domestic retailers eye export-quality products

Domestic retailers are increasing the distribution of export-quality products to cash in on the consumption trend towards green, environmentally friendly and safe products.
Textile and garment exports recovered positively

Textile and garment exports recovered positively

Vu Duc Giang, Chairman of Vietnam Textile & Apparel Association shared with Customs News about the production and export situation of Vietnam's textile and garment industry
Mobile Version