HCM City proposes int’l transit terminal in Can Gio district
Ho Chi Minh City has proposed an international transit terminal worth about 6 billion USD be built in Can Gio district, and this terminal will be able to handle the world’s largest cargo vessels at present.
HCM City (VNA) – Ho ChiMinh City has proposed an international transit terminal worth about 6 billionUSD be built in Can Gio district, and this terminal will be able to handle theworld’s largest cargo vessels at present.
In a document recently sentto Prime Minister Pham Minh Chinh, the municipal People’s Committee proposedthe leader assign the Ministry of Transport to work with the committee and relevantagencies to assess advantages, opportunities, and possibility of aninternational transit terminal.
The HCM City administrationsaid with a view to shifting part of the global container transit activities toVietnam, the world’s largest sea shipping company MSC/TIL, the Vietnam MaritimeCorporation, and Saigon Port have submitted a proposal to develop aninternational transit terminal in Can Gio.
With about 7.2km of wharves, thisproject is expected to be able to handle 10 - 15 million TEUs (twenty-footequivalent units) of cargo and serve the world’s largest container ships (24,000TEUs) at present.
The project will beimplemented in seven phases, the first of which is hoped to start in 2024 andbecome operational in 2027 while the last phase is set to be put into use in2040.
The early construction ofcontainer terminals for seaports in HCM City during 2021 - 2030 is critical tomeeting export - import activities of the city and the southern key economicregion at present and in the future, the municipal People’s Committee said inits document.
According to the committee,the zoned Can Gio terminal area in the mouth of the Cai Mep River boasts favourablenatural conditions for handling container vessels with deadweight tonnage (DWT)of up to 250,000 (or 24,000 TEUs), including its location on the shipping routesto Europe, Africa and the Americas. It holds conditions for developing aninternational transit terminal able to compete with regional countries and makea breakthrough for the maritime economy in HCM City and Vietnam as a whole.
Cargo throughput in seaportsof HCM City grew by 7.34% during 2015 - 2020, and the rate is predicted at 5% during2021 - 2025.
In 2021, the throughput stoodat 164.19 million tonnes, accounting for 23.36% of the total volume recorded atseaports nationwide./.
The seaport industry is expected to continue to grow strongly this year thanks to active import and export activities and the fact that Vietnam remains an attractive destination for FDI inflows. Higher handling fees will also benefit seaport enterprises.
The Vietnam Maritime Corporation (VIMC) has proposed the Prime Minister, the Ministry of Transport, the Committee for Management of State Capital at Enterprises and the Ho Chi Minh City People’s Committee support its subsidiary Saigon Port JSC's plan to join hands with the Mediterranean Shipping Company to build and operate an international container terminal in Can Gio district.
PetroVietnam Gas JSC (PV Gas) and the AES Corporation of the US have been granted an investment certificate and a business registration certificate for the Son My liquefied natural gas (LNG) terminal project.
Goods passing through Quang Ninh’s seaports have grown over 10 percent on average since the beginning of 2022, mostly thanks to the coastal northern province’s investment in related infrastructure and services.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Illustrative image (Photo: VNA) 
