Want to be in the loop?
subscribe to
our notification
Business News
CAI MEP-THI VAI PORT COMPLEX INEFFICIENT
Enterprises and experts pointed out this problem at a seminar held on Wednesday by the ministries of transport, and planning-investment, and the Japan International Cooperation Agency (JICA) to evaluate the performance of the Cai Mep-Thi Vai port complex.
It is costly to transport goods from HCMC or Binh Duong to Cai Mep-Thi Vai as the port complex does not have yards for empty containers, forcing enterprises to bring their goods to Cat Lai Port in HCMC, said Nguyen Thanh Tam, deputy director of HCMC-based company InterLog.
In addition, the time for transporting goods to other Asian countries from Cai Mep-Thi Vai is over ten days compared to only three days from Cat Lai Port in HCMC, leading enterprises to shun Cai Mep-Thi Vai, he said.
Le Duy Hiep, chairman of the Vietnam Logistics Business Association (VLA), said currently enterprises have to transport their goods by barge to avoid traffic jams on the road, thus spelling trouble for exporters.
What should be done now is to build roads and upgrade inland waterways linking Cai Mep-Thi Vai and nearby localities.
Hiep said another point that makes Cai Mep-Thi Vai unattractive is the lack of space for empty containers while there are nearly 40 depots for empty containers around ports in HCMC and Binh Duong.
It costs up to VND4.3 million (around US$192) to transport goods on a 40-kilometer section from Dong Nai’s Nhon Trach District to Cai Mep-Thi Vai but only around VND3.3 million to bring goods through a section of 80 kilometers from Nhon Trach to Cat Lai, he gave figures to prove his point.
According to the Vietnam Marine Administration, services at Cai Mep-Thi Vai have not been fully developed and along with its underdeveloped infrastructure, the port complex has been unattractive to transport firms.
As calculated, a port with a 600-meter pier should have an annual capacity of one million TEUs to boost the development of other services but the total capacity of six to seven piers at Cai Mep-Thi Vai is only 1.3 million TEUs per year compared to an annual designed capacity of eight million TEUs.
Cai Mep-Thi Vai port complex was commissioned in late January 2013 after four years of construction. The project was financed by Japan’s official development assistance (ODA) loans and Vietnam’s reciprocal capital.
Deputy Minister of Transport Nguyen Van Cong said the port complex can accommodate vessels of 160,000 DWT.
Work on roads linking the port with other localities has started, such as Ben Luc-Long Thanh and Bien Hoa-Vung Tau expressways, and when they are in place, the time for goods transport from the Mekong Delta to the port complex would be shortened.
Besides, the transport ministry is working on a project to dredge the Dong Tranh River to facilitate the inland waterway transport between HCMC and Cai Mep-Thi Vai.
In the future, if the project receives more funds from Japan or other foreign investors, the authorities will build Phuoc An Bridge.
The total volume of goods imported or exported through ports nationwide reached 427 million tons last year, up 14.5% year-on-year.
Source: The Saigon Times
Related News
DOING BUSINESS WITH CHINA 2.0
As China continues to evolve into a global powerhouse in innovation, technology, and advanced manufacturing, understanding how to effectively engage with this market has never been more critical. Doing Business with China 2.0 is a flagship executive programme designed to equip business leaders with practical insights, strategic perspectives, and first-hand exposure to navigate China’s rapidly changing landscape.
VIETNAM TAPS AI TO CONNECT MILLIONS OF WORKERS WITH EMPLOYERS
Vietnam’s Ministry of Home Affairs on April 14 launched a national job exchange at vieclam.gov.vn, a key digital platform designed to directly connect more than 53.6 million workers with nearly one million businesses. The platform goes beyond a conventional job portal, positioning itself as a nationwide data-integrated ecosystem. Its technological highlight is the use of artificial intelligence (AI) to automatically analyze and match job vacancies with workers’ skills and experience.
HCMC SET TO START WORK ON SEVEN MAJOR INFRASTRUCTURE PROJECTS
Ho Chi Minh City plans to simultaneously break ground on seven major infrastructure projects worth a combined VND380 trillion on the occasion of Vietnam’s Reunification Day (April 30). The projects are highly expected to unlock public investment and fuel economic growth. To prepare for the simultaneous launch, relevant departments and authorities have worked to streamline administrative procedures while maintaining legal compliance, with the goal of meeting conditions for groundbreaking on the occasion of the national holiday.
VIETNAM GETS US$2.64 BILLION FROM SEAFOOD EXPORTS IN Q1
Vietnam’s seafood sector booked around US$927 million in export revenue in March, bringing the total in the first quarter of this year to US$2.64 billion, showed data from the Vietnam Association of Seafood Exporters and Producers (VASEP). China was the primary export market in Q1. Other markets such as the U.S., Japan and South Korea imported less due to weakened consumer spending and stringent technical barriers.
VNAT EYES 25 MILLION FOREIGN VISITORS IN 2026
In the first quarter of the year, international arrivals amounted to 6.7 million, up 12.4% from a year earlier and the highest level on record. Domestic travel reached an estimated 37 million trips, with total tourism revenue at around VND267 trillion. Global developments pose risks. Geopolitical tensions in the Middle East have driven up fuel prices, increasing transport and tourism service costs.
US$250-MILLION DEAL ADVANCES VIETNAM’S GREEN CREDIT PUSH
Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has secured a US$250-million sustainable financing package to support green agriculture and small and medium-sized enterprises (SMEs), marking a major step in mobilizing international capital for priority sectors. The facility was arranged in partnership with the Asian Development Bank (ADB), alongside international partners including the Japan International Cooperation Agency (JICA) and the Government of Canada.
























