Want to be in the loop?
subscribe to
our notification
Business News
CÁI MÉP INT’L TERMINAL RECEIVES MASSIVE CONTAINER SHIP
MSC Oliver, one of the world’s largest container ships, has docked at the Cái Mép International Terminal (CMIT) in Bà Rịa - Vũng Tàu Province earlier this week.
The MSC Oliver, one of the biggest vessels of Mediterranean Shipping Company (MSC) headquartered in Geneva, Switzerland, was the largest ever ship to dock in Việt Nam.
It has a dead weight tonnage (DWT) of 199,273, with a capacity of more than 19,224 twenty-foot equivalent units (TEUs).
The ship docked at CMIT to handle nearly 6,000 freight containers, equivalent to 10,000TEUs of exported, imported and transshipped goods.
Nguyễn Xuân Kỳ, deputy general director of the CMIT, said the docking of the ship would help promote the capacity of Việt Nam’s seaport system and its position in the global supply chain.
Located in the southern province of Bà Rịa - Vũng Tàu’s Phú Mỹ Town, CMIT is one of the largest terminals at the Cái Mép-Thị Vải deep-water gateway port complex.
It can serve cargo vessels with a loading capacity up to 214,000DWT.
Many shipping lines around the world are using container ships with large capacity. To serve such large ships, seaports need to be able to efficiently receive and handle the container ships, ensuring that they enter and exit the port safely.
MSC is the world’s second largest shipping company with more than 500 vessels sailing 200 different routes between 500 ports in 155 countries worldwide.
To meet rising global freight demand, the company has ordered new mega ships, each with capacity of up to 23,000TEUs.
Source: VNS
Related News
EVFTA DEEPENS VIETNAM-EU RELATIONS AFTER SIX YEARS
The EVFTA acts as a vital economic highway to boost trade between Vietnam and EU. In 2019, the Vietnam – EU two-way trade stood at $49.8 billion. This figure rose to $74 billion by the end of 2025. In the first six months of 2026, two-way trade between Vietnam and the EU totalled $41.7 billion. Vietnam's exports to the EU reached $31.8 billion, while imports from the bloc stood at $9.9 billion.
AMRO UPGRADES VIETNAM GROWTH FORECAST TO 7.5 PER CENT
AMRO released its July 2026 Quarterly Update of the ASEAN+3 Regional Economic Outlook on July 27, projecting Vietnam to grow 7.5 per cent in 2026, up from its June forecast of 7.2 per cent. AMRO also raised its growth forecast to 7.3 per cent in 2027, up from its June forecast of 7 per cent, while revising down its inflation forecasts to 4.3 per cent in 2026 and 3.9 per cent in 2027.
VIETNAM APPROVES ROADMAP FOR INT’L FINANCIAL CENTERS THROUGH 2035
Vietnam has approved a development plan through 2035 for its international financial centers, with the one in Ho Chi Minh City positioned as a comprehensive global financial hub. Deputy Prime Minister Nguyen Van Thang, chairman of the governing board of the Vietnam International Financial Center, has signed the decision approving the development plan.
REMITTANCES TO HO CHI MINH CITY TOP $4BN IN H1 2026
Remittances sent to Ho Chi Minh City topped US$4 billion in the first half of 2026, down nearly 23 percent year on year, despite a modest recovery in the second quarter. The city received more than $2.03 billion in remittances in the second quarter. Tran Thi Ngoc Lien, deputy director of State Bank of Vietnam’s region 2 branch, said the second quarter was the first quarter this year to see remittances to Ho Chi Minh City increase from the preceding quarter, although the pace of recovery remained modest.
GLOBAL BEAUTY BRANDS EYE OPPORTUNITIES IN VIETNAM
Vietnam’s fast-growing beauty and personal care market is attracting thousands of international brands, with a major industry exhibition in Ho Chi Minh City bringing together more than 3,000 brands from over 24 countries and territories. The Vietbeauty, Cosmobeauté Vietnam and Beautycare Plus 2026 exhibitions officially opened in Ho Chi Minh City on Thursday, bringing together 600 exhibitors from Japan, South Korea, the United States, France, Singapore and Vietnam, among others.
HCM CITY PRIORITISES LOGISTICS INFRASTRUCTURE TO RAISE DIRECT IMPORT-EXPORT THROUGHPUT ABOVE 80%
HCM City aims to increase the proportion of imports and exports handled directly through its seaports, airports, railway terminals and inland container depots (ICDs) to more than 80 per cent during the 2026-30 period. With measures revolving around investment in integrated logistics infrastructure, multimodal transport expansion and digital transformation acceleration, the strategy is intended to reduce logistics costs, enhance competitiveness and support sustainable growth in external trade.
























