Vinalines spends over 7 trillion VND on port construction in Hai Phong
Vietnam National Shipping Lines (Vinalines) has sought approval from the Ministry of Transport and the Government for a project to build two container ports at Lach Huyen international seaport in Hai Phong northern city.
Vietnam National Shipping Lines (Vinalines) has sought approval from the Ministry of Transport and the Government for a project to build two container ports at Lach Huyen international seaport in Hai Phong northern city (Photo: VNA)
Hai Phong (VNA) – Vietnam NationalShipping Lines (Vinalines) has sought approval from the Ministry of Transportand the Government for a project to build two container ports at Lach Huyeninternational seaport in Hai Phong northern city.
Vinalines said the construction of new containerports in Lach Huyen is urgent in order to meet trade demand, as the city plansto move Hoang Dieu port in the Hai Phong International Gateway Port for urbandevelopment.
The new ports, with a total length of 750m, willbe built with investment worth around 7 trillion VND (300.7 million USD). Onceoperational, they are expected to receive cargo vessels of up to 100,000 DWT.
In addition, Vinalines and the Hai Phong Portwill strengthen cooperation and invest in a 250ha-logistics centre to optimisetrade activities in the area.
The project aims to realise Vinaline’s target ofhandling 30 percent of goods going through the country’s ports by 2020, as wellas maintaining its position as the country’s key port operator.
Lach Huyen port will be developed as the soleport in Vietnam’s northern region able to receive ships of 150,000 tonnes. –VNA
The Vietnam National Shipping Lines (Vinalines) has asked the Ministry of Transport to allow it to work with Rent A Port of the Belgian Ackermans & Van Haaren Group to invest in developing ports in Lach Huyen – Hai Phong international port.
The Vietnam National Shipping Lines (Vinalines) said it has partnered with O’s&Tec Joint Stock Company of Japan to implement a cold storage project for the transportation of fresh food and fruits.
The Prime Minister approved a plan on the restructuring of the Vietnam National Shipping Lines (Vinalines) in the form of selling State capital and issuing more stocks to increase its charter capital.
Da Nang Port in the central coastal city of Da Nang, handled over 774,000 tonnes of cargo during June, the highest level so far, according to Vietnam National Shipping Lines (Vinalines).
Over 480 million shares that the State-owned Vietnam National Shipping Lines (Vinalines) failed to sell at its recent initial public offering (IPO) will be offered to investors in the near future.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.