Deputy Minister of Finance Cao Anh Tuan has urged the Vietnam Maritime Corporation (VIMC) to concentrate all available resources and adopt new approaches to accelerate the implementation of the Can Gio International Transshipment Port project.

Speaking at VIMC’s conference reviewing 2025 performance and outlining tasks for 2026 on January 26, Cao Anh Tuan stressed that the Can Gio International Transshipment Port in Ho Chi Minh City is not only a flagship project for VIMC but also a cornerstone of Vietnam’s long-term maritime development strategy.

According to the Deputy Minister, investment is a prerequisite for growth.

Given its large scale and strong spillover effects, the Can Gio project is expected to have a direct impact on the competitiveness of Vietnam’s port system and the national logistics chain.

For that reason, he said, VIMC must focus its resources, organize implementation in a methodical manner, and closely control both progress and investment efficiency.

Tuan added that Government leaders, along with relevant ministries and agencies, including the Ministry of Construction, have been closely directing and coordinating with the Ho Chi Minh City People’s Committee to remove bottlenecks and create favorable conditions for VIMC during the preparation and implementation phases.

As the state ownership representative agency, the Ministry of Finance will continue to accompany VIMC, working with ministries and Ho Chi Minh City to refine appropriate financial and investment mechanisms, ensuring the project is delivered on schedule and achieves the highest possible efficiency.

Reporting on project progress, Le Quang Trung, Deputy General Director of VIMC, said that 2025 marked an important institutional milestone for the Can Gio International Transshipment Port.

On December 11, 2025, the National Assembly of Vietnam passed Resolution No. 260/2025/QH15, amending and supplementing several provisions of Resolution No. 98/2023/QH15 on piloting special mechanisms and policies for the development of Ho Chi Minh City.

The resolution provides a crucial legal framework for the implementation of the Can Gio project.

Based on the newly adopted resolution, Ho Chi Minh City is currently developing a roadmap for the next steps, including the selection of a strategic investor, which is expected to take place in the first quarter of 2026.

Once completed, the project is expected to help position Vietnam as a major international maritime transshipment hub in the region.

The Can Gio International Transshipment Port has a preliminary total investment of approximately VND113,531 billion, equivalent to about $4.8 billion, and is widely seen as a breakthrough project that could elevate Vietnam’s maritime standing and national port system.

Beyond Can Gio, 2025 also saw accelerated progress across several other key port projects led by VIMC.

Notably, container berths No. 3 and 4 at the Hai Phong International Gateway Port were brought into operation in phases according to plan, while upgrades allowing the port to receive vessels of up to 165,000 DWT were approved, helping boost cargo throughput.

The Lien Chieu container port project in Da Nang also recorded significant progress, completing investment procedures and preparing to move into the next implementation phase.

Concluding the conference, Deputy Minister Cao Anh Tuan called on VIMC to continue reviewing and strictly controlling its investment plans to ensure alignment with actual capacity, while developing concrete and feasible solutions to effectively implement the 2026 investment program.

Vu Diep