The project is among around 250 initiatives unveiled by Ho Chi Minh City People's Committee to attract investment over the next five years.

Spanning roughly 73 hectares, the proposed port would include a passenger terminal, parking facilities, internal transport infrastructure and green spaces. A 420-metre berth is designed to accommodate cruise ships of up to 225,000 gross tonnage, alongside a marina capable of handling around 280 yachts.

Additional components include access bridges, anchorage areas and service facilities, with connectivity to the Vung Tau–Thi Vai shipping channel, a key maritime route in southern Vietnam.

The project to serve as a catalyst for cruise tourism development, while enhancing regional logistics and transport links.

Ho Chi Minh City said it is prioritising investments aligned with its 2030 development strategy and 2045 vision, focusing on high-tech industries, innovation, digital economy and green growth.

In tourism, the city aims to develop high-end, integrated tourism ecosystems, combining cultural industries, entertainment and hospitality, while strengthening regional linkages to attract international visitors.

Ba Ria-Vung Tau to develop international port worth nearly US$230 million

Deputy Prime Minister Tran Hong Ha has approved adjustments to the investment policy for the My Xuan International General Port project, which was previously the Vinalines Ship Repair Factory.