The Can Gio International Transshipment Port project is the largest, covering about 571 hectares, with total investment of nearly VND129 trillion (US$4.99 billion) and a designed capacity of 21 million TEU per year. The project received in-principle approval from the Prime Minister in 2025, but is still undergoing appraisal for investor selection and has not completed the required procedures. The launch ceremony and announcement of a strategic partner can therefore only be held after official approval.

According to the Department of Construction, a consortium comprising Vietnam Maritime Corporation, Saigon Port Joint Stock Company and Terminal Investment Limited Holding S.A has submitted a registration dossier to implement the project. Terminal Investment Limited Holding S.A is a member company of MSC, the world’s largest container shipping line, and has followed the project since its initial proposal. The consortium’s dossier is currently under appraisal by the Department of Finance.

To ensure progress, the Department of Construction has proposed that the municipal People’s Committee direct the Department of Finance to finalize the appraisal and submit the investor selection results for approval.

If procedures are completed on schedule, the launch ceremony and announcement of a strategic partner for the Can Gio port project is scheduled for April 30 at the Nha Rong-Khanh Hoi port area.

For the Cai Mep Ha General and Container Port project (phase 1), covering 351.2 hectares with total investment of about VND50.2 trillion and a designed capacity of 11 million TEU per year, although investment policy has been approved, key procedures related to land, environment and construction remain incomplete. The feasibility study report is not yet eligible for appraisal.

The Department of Construction said that with the remaining workload, launching the entire project before April 30 does not yet have a sufficient legal basis. In a favourable case, the investor may only carry out certain site preparation works if conditions are met. The department has proposed that the municipal People’s Committee direct relevant agencies to deal with procedural issues, particularly those related to land, environment and planning.

Among the three projects, the Cai Mep Gemadept-Terminal Link Port (phase 2), with total investment of about VND8.361 trillion, currently has favourable conditions for a groundbreaking ceremony during the holiday period. The project is invested by a consortium comprising Geleximco Group, International Transport and Trading Joint Stock Company (ITC), and the State Capital Investment Corporation (SCIC).

The project has largely completed land procedures, technical parameters have been agreed, and is currently undergoing appraisal of its feasibility study report. The Department of Construction has proposed holding the groundbreaking ceremony on April 17 and has asked the municipal People’s Committee to approve the plan.

Special Economic Zone to take shape in Hai Phong port city

VOV.VN - The Prime Minister has approved the establishment of the Hai Phong Special Economic Zone (SEZ), a 5,300-hectare development designed to accelerate high-tech industry, innovation and regional connectivity in northern Vietnam.