Vinh Tan international port inaugurated

The inauguration ceremony for Vinh Tan international port.

The port is poised to meet escalating import-export demands of the central province of Binh Thuan and neighboring localities, thereby boosting their overall socio-economic development.

Vinh Tan international port, a key and much-anticipated logistics infrastructure project in the central region, has received investment from Vinh Tan International Port JSC, a member of Pacific Corporation, with the total capital of around VND2.3 trillion (US$98.9 million).

Covering more than 140 hectares in Vinh Tan commune, Tuy Phong district, the port has been designed to handle a capacity of up to 8 million tons of goods per year.

The port is now equipped with a general berth which can receive cargo ships with loading capacity of up to 30,000 deadweight tonnage (DWT) and two wharves likely to handle 50,000 DWT vessels. It is projected to develop an additional wharf that can accept 70,000 DWT ones.

Addressing the ceremony, Nguyen Ngoc Hai, Chairman of the Binh Thuan Provincial People's Committee, voiced his belief that the port will help to create a breakthrough in regional connectivity, unlock the province’s logistic bottlenecks, and address the urgent demand for goods transportation in Binh Thuan and throughout neighboring provinces.

The inauguration of Vinh Tan international port is believed to improve local transport capacity, cut down logistics costs, and promote marine economic development, Hai noted, adding that the port is expected to give fresh impetus to economic growth in Binh Thuan as well as in Central Highlands and southeast localities in the near future.