Saigon Port JSC plans to join hands with the Mediterranean Shipping Company to build and operate an international container terminal in Can Gio district, HCM City.

Vietnam Railway Authority (VRA) has submitted a plan to call for foreign investment in two railways to be connected to the Lach Huyen and Cai Mep – Thi Vai ports.

Vietnam will need about 313 trillion VND (13.7 billion USD) to develop a modern seaport system between now and 2030, and the funding will mostly come from non-budget sources.

HCM City will continue to extend the due date of collecting fees for using seaports and sea border gates infrastructure works in the city until April 1, 2022.

The volume of goods transported through southern ports has been rising by an average of 20 per cent a year in recent years, according to a report by Vietcombank Securities Company (VCBS).

Facing challenges due to a lack of human resources as a result of the stay-at-work policies, several ports in Vietnam have yet to find a way to solve the crisis, waiting for adjustments from local authorities to ensure smooth operations.

The Ministry of Transport (MoT) has asked provincial and municipal authorities to ease the travel of labourers at seaports so as to avoid the disruption of production and supply chains amid the COVID-19 pandemic.

With unreceived containers piling up and hampering the work of much-reduced personnel, Cat Lai Port in Ho Chi Minh City has thrown in the towel and requested that importers readjust the shipping routes to alternative destinations.

The Ministry of Industry and Trade (MIT) is seeking approval from the Prime Minister to deal with the huge container backlog at Tan Cang - Cat Lai (TCCL) Port in HCM City.

The HCMC Department of Transport has proposed the municipal government develop six key traffic infrastructure projects leading to the seaports in the city with an estimated investment of over VND27 trillion.

Vietnam’s port sector will flourish this year as trade in goods is expected to thrive on the back of recovery in production, domestic consumption, and export markets, according to industry analysts.