International port developers eye Vietnam's potential

On June 16, a delegation from Shenzhen Port Group and Worldex paid a visit to Tan Vu Terminal (Port of Haiphong) and had a working session with shipping giant Vietnam Maritime Corporation (VIMC).

At the meeting, Le Quang Trung, deputy general director of VIMC, introduced an overview of the maritime service ecosystem that the corporation is developing, including key national seaports, a large shipping fleet, and a comprehensive logistics network.

Photo: VIMC

“VIMC is currently focusing on economic development and cooperation across the maritime industry, and considers the Chinese market a key area,” he said.

In response, a representative of Shenzhen Port highly appreciated the port's capacity and sustainable development of VIMC, affirming its desire to develop shipping routes connecting ports on both sides.

He expressed interest in logistics centres, warehouses, and post-port logistics services, and proposed exchanges of professional working groups.

The two sides agreed to maintain regular contact, promote delegation exchanges, and coordinate research on potential projects, especially in regional logistics and maritime transport being restructured towards greening, digitalisation, and value chain links.

At the meeting with the Port of Haiphong, the delegation expressed their strong impression of its operational capacity and rapid development.

The visit to the Port of Haiphong

The leaders of Shenzhen Port Group invited leaders of Port of Haiphong to Shenzhen, aiming to strengthen ties, share experience, and encourage joint projects on direct maritime transport routes, logistics hubs, and post-port logistics services.

Earlier on June 13, Algis Latakas, director general of Klaipeda Port (Lithuania) paid a working visit to the Port of Haiphong. The visit aimed to exchange information, explore cooperation opportunities, and directly observe port operations on site.

On June 12, during the official visit to Vietnam by President Gitanas Nausėda of the Republic of Lithuania, the Port of Haiphong and the Port of Klaipeda signed an MoU in Hanoi for strategic cooperation.

The Port of Haiphong and the Port of Klaipeda signed an MoU

This marked a significant milestone in strengthening the cooperative relationship between two strategic ports, opening up new opportunities for trade and logistics connectivity, as well as for Port of Haiphong to expand its international maritime network, particularly transoceanic shipping routes to Europe and North America.

It also promotes cargo exchange, infrastructure development, and joint initiatives in logistics, renewable energy, and digital transformation.

Vietnamese seaports to handle 1.2-1.4 billion tonnes of cargo by 2030 Vietnam's seaport cargo throughput is set to reach 1.2-1.4 billion tonnes by 2030, with container cargo expected to range from 46.3 to 54.34 million TEUs, according to a detailed plan for the development of seaport groups, wharfs, jetties, buoy berths, and water areas in 2021-2030, with a vision to 2050.

Seaports booming, but skilled workers still in short supply Alongside Malaysia and Singapore, Vietnam is in the top three countries in Asia for throughput of goods and transport routes in the region.

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Ports poised for more growth amid ferocious competition Marine transportation is currently navigating turbulent times. Patrick Lenain, senior associate at the Council on Economic Policies, notes how Vietnam’s ports are ready for progress amid the fierce competition.