Operating as a major international transshipment hub Cai Mep - Thi Vai International Port plays a crucial role in streamlining Vietnam’s trade logistics significantly cutting the time required for imports and exports with other countries As one of Vietnam’s two designated special ports (alongside Hai Phong International Port) it serves as a vital gateway for the southern provinces connecting them seamlessly to global maritime trade Located at the mouths of the Thi Vai and Cai Mep rivers this deep-water port complex stretches over 14km in the Phu My Commune Cai Mep - Thi Vai Port provides customers with international-standard container port services Cai Mep - Thi Vai International Port is fully equipped to support the movement of goods between Vietnam and international markets This infrastructure is particularly suited for handling ultra-large vessels with capacities of up to 160,000 DWT (equivalent to 14,000 TEU) establishing it as a critical hub for global maritime transport Cai Mep - Thi Vai International Port features a state-of-the-art infrastructure and equipment and a 55ha container yard with a capacity of nearly 51,500 TEU This advanced setup enables Cai Mep - Thi Vai to service the world's most modern vessels significantly reducing transport times for goods between southern Vietnam and international markets and removing the previous need for transshipment in Singapore Recognizing the vast potential of the seaport Ba Ria - Vung Tau Province and the Ministry of Transport have aligned their objectives to invest in and elevate this port system into a national-level international transshipment hub The regional development strategy aims to establish the port and logistics sector as a primary economic driver contributing to economic growth while ensuring maritime security and defense with its capacity to offer direct container services to Europe and the Americas has significantly enhanced Vietnam's competitive position in the global supply chain the implementation of major transportation infrastructure projects in neighboring localities such as the Ben Luc - Long Thanh expressway and Long Thanh International Airport will further boost the cargo handling capabilities of Cai Mep - Thi Vai Port These developments position the port as an efficient and internationally recognized transshipment hub solidifying Vietnam’s standing on the global maritime map Story: Son Nghia    Photos: Huynh Son    Translated by Nguyen Tuoi PetroVietnam Gas Corporation (PV Gas) has held an inauguration ceremony at the Cai Mep Industrial Park the Thi Vai LNG terminal officially being put into operation is the ultimate result of the company’s efforts on the green energy journey towards sustainable development With Vietnam’s first LNG import infrastructure in place PV Gas said the company will have more control over the gas supply to meet the energy needs of existing power plants and households contributing to ensuring national energy security and reducing environmental pollution in line with the government’s commitment at COP26 and the global shift towards green energy the Thi Vai facility is estimated to offer a capacity of one million tons of LNG/year in phase 1 with an expected increase to three million tons in phase 2 carrying the first LNG shipment to Vietnam the most important event in the green energy transformation roadmap of the company With a volume of nearly 70,000 tons of LNG imported from Bontang port docked at PV Gas wharf to supply the entire amount of LNG for the trial run and official operation of Thi Vai LNG warehouse Shell International Energy Group has been selected by PV Gas as the supplier for the shipment the Ministry of Industry and Trade of Vietnam certified that PV Gas is eligible to be an LNG importer and exporter making the company the first in the country to be recognized as such PV Gas is a member of the Vietnam Oil and Gas Group (PVN) compressed natural gas (CNG) and liquefied natural gas (LNG) Daily news and in-depth stories in your inbox The Pioneers of Offshore Engineering GustoMSC part of NOV’s Marine and Construction business is recognized for providing advanced design & engineering consultancy for mobile offshore units and reliable equipment and technical knowledge into realistic & innovative ideas The performance of new and existing jack-ups Cai Mep- Thi Vai port cluster was ranked 12th among the 348 most efficient container terminals/port clusters globally according to the Container Port Performance Index 2022 report (CPPI 2022) The port cluster has an average growth rate of 20 percent per year for over the last 5 years it still plays a role as a gateway port system The volume of cargo transshipment via the port cluster accounted for only over four percent in the 2020-2022 period and nearly six percent in 2023 while the throughput of cargo through the international transshipment ports reached 30 -70 percent The fragmentation of the port clusters is one of the reasons causing the low volume of cargo transshipment Each berth at the Cai Mep - Thi Vai port cluster has an average length ranging from 200 to 400 meters The longest berth does not exceed 750 meters they are not able to accommodate two large vessels simultaneously the lack of appropriate support mechanisms and policies for the development of Cai Mep - Thi Vai port to become an international transshipment port is the biggest issue making the port unattractive to cargo transshipment the shortage of professional inspection and monitoring units and time-consuming customs clearance procedures create a lot of inconvenience leading to an increase in logistic costs reduce the attractiveness of the country’s largest deep-water seaport It needs to examine and determine a suitable development model to create specialized management mechanisms for the Cai Mep - Thi Vai port to attract freight transportation and increase its competitiveness promptly complete infrastructure for regional connectivity and connection among multiple modes of transportation focus on building inland container depots (ICD) developing industrial zones to generate cargo sources Experts also emphasized the importance of IT solutions for the management will boost cargo flow Seaport freight transportation needs software that connects and synchronizes data with the national public service portal and ICDs to support customers in searching and updating information on the status of ship routing and scheduling Ministry of Information and Communications After around 16 years since its inception, Thi Vai LNG Terminal has been put into operation a testament to PV GAS' outstanding efforts on its green energy journey towards sustainable development With Vietnam's first LNG import infrastructure in place allowing it to meet the energy needs of existing power plants and households contributing to ensuring national energy security and reducing environmental pollution in line with the government's commitments the Thi Vai facility is designed to offer a capacity of one million tonnes of LNG per year in the first phase PV GAS is also heading towards the implementation of the terminal’s Phase 2 with an increase in its capacity to three million tonnes annually from 2027 The complex also features an LNG storage tank with a capacity of 180,000 cubic metres and the Thi Vai low-pressure gas distribution station The terminal can receive and process LNG vessels weighing up to 100,000 tonnes PV GAS marked the beginning of Vietnam's green transition by receiving the LNG carrier The ship was tasked with transporting the first 70,000 tonnes of LNG entering Cai Mep Port in Ba Ria-Vung Tau from Bontang the Ministry of Industry and Trade issued Decision No.01/GCNDDK-BCT PV GAS became the first company in Vietnam to be recognised for meeting the required standards Deputy Prime Minister Tran Luu Quang stated that Thi Vai LNG Terminal is an important project contributing to the success of the Party and state's planning for the country's energy development towards sustainability PV GAS had paved the way for the introduction of LNG into Vietnam putting the country on the global LNG map and marking a crucial step in the energy transition process As PetroVietnam Gas (PV Gas) works to secure a long-term fuel source for further liquefied natural gas (LNG) gas power facilities the future stable operation of power facilities in Vietnam is being hampered by a lack of infrastructure to import and store sufficient liquefied natural gas The People's Committee of Binh Thuan province has issued a decision approving the investment of Son My liquefied natutal gas (LNG) terminal warehouse project in the south-central province’s Ham Tan district Vietnam's ambitious journey into liquefied natural gas (LNG) power projects is facing stumbling blocks as protracted contract negotiations threaten the progress of key initiatives ★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional Vietnam Investment Review under the Ministry of Finance Advertisement  | Contact us Reporting by Emily Chow in Singapore and Khanh Vu in Hanoi; editing by Barbara Lewis and Michael Perry Our Standards: The Thomson Reuters Trust Principles., opens new tab , opens new tab Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. , opens new tabScreen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. © 2025 Reuters. All rights reserved The dates displayed for an article provide information on when various publication milestones were reached at the journal that has published the article activities on preceding journals at which the article was previously under consideration are not shown (for instance submission All content on this site: Copyright © 2025 Elsevier B.V. In Resolution 05/NQ-HĐND dated May 31st 2023 the provincial authorities identified seaport-logistics as one of the four pillars to develop the local economy during the 2026-2030 period with the vision towards 2050 the province will concentrate on enhancing the national seaport's role developing and modernising it into a major international transshipment port This gateway is closely linked to the Moc Bai – Ho Chi Minh City – Bien Hoa – Vung Tau and the trans-Asian economic corridor and is considered as the maritime gateway of the Southeast Asian region The CM-TV seaport cluster has the advantage of being a natural deep-water port staying near international shipping routes and being capable of accommodating big cargo vessels Right from the early days of surveying and planning international experts said that this region fulfilled necessary conditions to establish and develop a national and international deep-water system the CM-TV port cluster is one of Vietnam's two national special ones It has modern infrastructure and is capable to accommodate vessels with capacity up to 250,000 tonnes (approximately 24,000TEU) This is the only port cluster in Vietnam that has direct mother vessels to Europe and the Americas ensuring the highest frequency of voyages to the United States in Southeast Asia This port cluster has connected to about 35 sea routes it takes goods about 16 days to reach the United States and 21 days to reach Europe The CM-TV port cluster has attracted many world class maritime groups such as United States’ SSA Marine Japan’s Mitsui O.S.K line and France’s CMA-CGM which are all participating in investment and exploitation efforts the port has not had the expected development Experts point out that in order to make the CM-TV Port become an international transshipment port of regional and global stature bottlenecks related to the port connectivity infrastructure especially the post-port logistics infrastructure like distribution centres it is necessary to upgrade and dredge waterways to facilitate the entry of large vessels into the port financial and insurance should also be synchronized the province is concentrating all resources on resolving the bottlenecks and taking advantage of its strengths to realize the target of making CM-TV Port an international transshipment port of global stature in the near future The province has built up a comprehensive transportation network to integrate with its national regional and intra-provincial transportation system with all transportation forms It is cooperating with other key projects like Bien Hoa – Vung Tau highway the Phuoc An Bridge connecting the Cai Mep - Thi Vai Port complex dredging maritime routes from Vung Tau to Thi Vai and conducting research on launching the Bien Hoa – Vung Tau railway line the province is concentrating on developing logistics centres on the coastline economic corridor It has carried out a plan to build a free trade zone integrated into the seaport system in the Cai Mep Ha region and form a complete industry–service ecosystem Land is being allocated to attract global industrial groups to move part of global supply chains to the province The province is planning to develop its logistics infrastructure attached with the commercial and IT infrastructure that can meet necessary conditions to apply artificial intelligence (AI) and high-tech connection it is making efforts to form close connection between the national seaport system and the Long Thanh International Airport The logistics service ecosystem is being set up with the following features: storage system shipping agency offices and maritime brokerage agents BR-VT is trying to reform administrative procedures and digitalize public services to make favourable conditions for the companies to enhance the operational and management efficiency of the CM-TV port system Ju Jong-yeol has been accumulating expertise in the construction of liquefied natural gas (LNG) tanks within the Samsung C&T Construction and Engineering Group Now he is team leader in charge of the construction of LNG tanks at the Thi Vai LNG Terminal site in Vietnam he emphasized the importance of professionalism in work and trust among people Chief mechanical engineer Ju Jong-yeol has a total of 26 years of experience in construction During his early years at Samsung C&T E&C he stayed up late at night to master blueprint That consolidated his basic LNG knowledge and also gave him knowledge of construction management by taking charge of various on-site tasks such as piping and erecting steel frames there are still difficulties to be faced in construction so Ju always works to maintain his composure the construction site of Substation 2 at the site of the Singapore LNG Terminal was reminiscent of a battlefield but it kept raining for nearly 40 days straight so Ju persuaded the client to install night lights so work could continue after dark he says the construction was only achieved on time because everyone had pulled together He believes that the fastest way to work is to follow a safe path in the right order of steps and therefore refuses to plan something or push too hard without first understanding the process “There’s an order to everything,” he explains “Doing things quickly without planning or preparation makes things more difficult and eventually you must go back to the beginning.” Ju Jong-yeol has built up a lot of expertise in LNG construction giving him the ability to accurately foresee potential problems and present viable solutions This means that a lot of people come to see him and seek out his counsel During the recent bidding process for the SLNG Phase 4A project in Singapore the client told Samsung C&T E&C that the contract could not be signed without the presence of Chief Mechanical Engineer Ju Jong-yeol With a reputation as the best available LNG engineer Ju Jong-yeol emphasizes harmony and everyone should play their own part for a project completion that everyone can be satisfied with Sometimes when colleagues make a mistake or find it difficult to do something he steps in and takes it upon himself to finish it it’s minds and hearts that matter the most This is why Ju Jong-yeol always strives to win the trust of the people of those he is with praising and respecting them where appropriate.” When the time came for him to return home from the Singapore SLNG site people who have worked with Ju Jong-yeol respect his ability and like his mindset and someone they want to work with for a long time “Over roughly 33 months the process of constructing an LNG tank is constantly changing,” Ju explains and when you stand before a completed tank you feel a sense of achievement from head to toe so I think I’m most natural and energetic when I’m on site Now I’d say it’s become part of my life.” Now he is working with his colleagues and the sea to create another scene of construction life at the Thi Vai LNG Terminal site in Vietnam This is one of the first such projects in Vietnam begun when Samsung C&T and Vietnam’s Petrovietnam Technical Services Corporation made a consortium in October 2019 Construction is scheduled to be completed by the end of October 2022 and according to the Vietnam Gas Corporation (PV Gas) Shell International Energy Group has been selected by PV Gas as the supplier for this shipment The company said that after docking at the wharf LNG from the vessel is pumped into the 180,000 m3 LNG tank through two DN500-sized loading arms and a DN900-sized import pipeline system in order to ensure safe ship reception and compliance with maritime regulations is assigned the task of presiding over the related maritime work: to receive LNG ships and closely coordinate with relevant parties to develop a plan to ensure maritime safety for LNG ships up to 100,000 DWT to/from the port PV Gas said this option has been approved by the Vietnam Maritime Administration according to which the necessary maritime conditions for ship reception are ready PV Gas further stated that the Thi Vai LNG warehouse is designed with a maximum LNG import volume of 11,000 m3/h and its LNG storage tanks have two product lines located in Vietnam’s Ba Ria-Vung Tau province is estimated to offer a capacity of 1 million tons of LNG/year in phase 1 with an expected increase to 3 million tons in phase 2 PV Gas pointed out that simultaneously with the process of importing LNG from the ship docked at the port to the tank LNG will also be continuously pumped out of the tank by low-pressure pumps then pressurized through the high-pressure pump and re-gasified by the heating system The regasified gas will flow through the commercial metering system to supply “addresses” in need of energy Part of the gas will be supplied to the low-pressure station to reduce pressure and to customers consuming low-pressure gas at Phu My 3 Industrial Park LNG will be distributed to customers in two ways via pipeline or provided by tank truck/satellite LNG warehouse Follow Offshore Energy’s Clean Fuel: Ingersoll Rand Engineering Project Solutions At Ingersoll Rand’s Engineering Project Solutions we have been managing and implementing engineered to-order air packages for complex technical requirements for over 60 years We provide specialized custom compressed air and gas compressors as well as nitrogen generation packages to international EPC contractors and engineering companies across a range of […] the signing ceremony of the design contract and commissioning of the Thi Vai LNG storage project took place between PetroVietnam and the joint venture of Samsung C&T and PTSC along with the signing of the LNG supply and consumption contract for Nhon Trach 3 and 4 power plants between PetroVietnam and PV Power Thi Vai LNG and Nhon Trach gas power projectinclude the LNG import terminal project in Thi Vai and Nhon Trach 3 and 4 gas power plant projects under which the LNG Thi Vai Terminal Warehouse project is owned by the corporation PetroVietnam Gas JSC (PetroVietnam) expects to complete the first phase of Thi Vai LNG in 2022 with a storage capacity of 1 million tonnes The total investment value of the first phase is about $286 million Thi Vai LNG storage will contribute about 1.4 billion cubic metres for customers including Nhon Trach 3 and 4 power plants and other industrial customers after 2022 The port terminal included in Thi Vai LNG will becapable of receiving LNG transport ships with a tonnage of up to 85,000 DWT The main items of the port in the first phase will include an LNG tank with a capacity of 180,000 cu.m and the most modern technological equipment matching Vietnamese and international standards In the second phase (expected to be completed in 2023) the project capacity will be upgraded to three million tonnes The Thi Vai LNG storage project will be an important link in supplying renewable gas for consumers including the Nhon Trach 3 and 4 power plant chain Combined with Son My LNG import terminal with the total expected capacity of 10 million tonnes of LNG each year the energy demand of the southern region in the future will basically be covered The Cai Mep - Thi Vai International Port (Ba Ria - Vung Tau) one of Vietnam's two special ports  (along with the Hai Phong International Port) plays a crucial role as the gateway connecting maritime trade routes of the southern provinces It serves as a major international transshipment port significantly reducing the transportation time of import and export goods between Vietnam and other countries worldwide Situated at the mouth of the Thi Vai River and Cai Mep River the Cai Mep - Thi Vai International Port is a deep-water port complex in Phu My the port has the capacity to provide customers with standard international container port services the port has become an ideal transshipment hub for goods between Vietnam and other countries worldwide It is particularly suitable for serving mega-container ships with a tonnage of up to 160,000 DWT (equivalent to 14,000 TEUs) Equipped with modern infrastructure and facilities a 55ha container yard with a capacity of nearly 51,500 TEUs the port can accommodate the latest generation of ships globally This significantly shortens the transportation time of import and export goods between the southern region and other countries eliminating the need for layovers in Singapore as in the past Recognizing the immense potential of the Cai Mep - Thi Vai seaport Ba Ria - Vung Tau province and the Ministry of Transport have unified their goals coordinating and concentrating all investment resources to develop this seaport system into the country's special gateway and international transshipment port According to the local development direction the maritime and logistics sectors will be developed into the province's leading key economic sectors closely linked to ensuring national defense and maritime security major transportation infrastructure projects already underway or planned by neighboring regions such as the Ben Luc - Long Thanh expressway will contribute significantly to enhancing the cargo handling capacity of the Cai Mep - Thi Vai port complex and internationally recognized transshipment port thereby affirming Vietnam's maritime position on the world maritime map./ Story: Son Nghia/VNP    Photos: Huynh Son has welcomed its fourth liquefied natural gas (LNG) shipment at the country’s Cai Mep – Thi Vai port The Point Fortin tanker carrying more than 60,000 tons of LNG arrived at the port on May 13 this shipment will ensure supply for power production especially as the heat during the peak season should cause a surge in electricity demand.  and start pumping cargo on the same day in line with the set schedule with pumping operations getting wrapped up on the following day Like the first LNG shipment the port received in July 2023 this one came from Indonesia’s Bontang port as well The Vietnamese firm shared that the LNG was imported from TotalEnergies Gas & Power Asia Private Limited (TEGPA) and would be used for electricity and industrial production ensuring national energy security ahead of the 2024 dry season the fourth shipment was arranged through an expedited procedure to meet the expected increase in demand for electricity the purchase offer was made 20 days before the import date the delivery schedule was pushed up eight days earlier to meet the urgent requirements of Vietnam Electricity Group (EVN) meaning that close coordination between PV GAS and other companies involved was required to complete the operation The Vietnamese player underlined that it would continue investing in and developing LNG infrastructure systems to better position Vietnam in the regional LNG arena In another important development for Vietnam’s energy security, the country’s 3 million tonnes per annum (mtpa) Cai Mep LNG terminal recently moved one step closer to starting commercial operations The tender for commissioning activities is expected to be launched in early June 2024 with awards issued by the end of that month Explaining the congestion of scrap containers at ports including Cai Mep-Thi Vai the Ministry of Natural Resources and Environment said that China has stopped importing 24 types of scraps for recycling creating import sources for nations in need of scrap import for recycling including Vietnam Many businesses have signed contracts with foreign partners to import scrap although they do not have environment protection certifications according to regulations Some businesses have been unable to supplement relevant papers and abandoned their scrap containers Some have even declared wrong business address or moved to new places without update many scrap consignments do not have conditions on customs clearance because of shipping lines’ insufficient declaration in the Hazardous Waste Electronic Manifest Authorized agencies say that Vietnam is not a remote control mechanism to scrap import so they have been positive in coping with ship-owners and goods owners deliberately breaking regulations ports’ management board should identify the owner and type of commodity before importing scrap their scrap containers will not be permitted to enter ports aiming to prevent the congestion of unowned containers as present The General Department of Vietnam Customs has sent Document 6644 guiding scrap import management to customs divisions in cities and provinces nationwide scrap containers will only be permitted to enter ports if they have environment protection certifications Goods receivers must leave a security deposit to make sure that they will take their goods The volume of scrap unloaded at ports should not exceed the permissible import volume The Customs Department in Ba Ria-Vung Tau province said that Saigon Newport Company plans to remove some scrap containers from Cat Lai seaport in HCMC to neighboring seaports including those Ba Ria-Vung Tau chairman of Ba Ria-Vung Tau provincial People’s Committee proposed to temporarily halt receiving of scrap containers from Cat Lai seaport to focus on handling those congested at ports in the province at the meeting on November 14 The Thi Vai liquefied natural gas (LNG) terminal in Ba Ria-Vung Tau Province with a storage of 180,000 cubic meters and a total investment of VND6.5 trillion (US$264.4 million) Deputy Prime Minister Tran Luu Quang officiated at the ribbon-cutting ceremony to mark the occasion The terminal can handle an average of one million metric tons of LNG a year whose investor is PetroVietnam Gas Joint Stock Corporation (PV Gas) The facility encompasses an LNG storage tank two LNG regasification systems with a maximum capacity of 171 metric tons per hour PV Gas imported 70,000 metric tons of LNG worth VND830 billion ($34.1 million) in July to test the terminal’s operations PV Gas is the first and only firm in Vietnam to be certified as eligible to import and export LNG by the Ministry of Industry and Trade said that LNG plays a key role in ensuring national power security while demand for the use of gas for electricity is soaring The firm will start the second phase of the LNG Thi Vai terminal as soon as possible to raise its annual capacity to three million metric tons of LNG PV Gas is working to develop another LNG terminal in Binh Thuan Province Deputy PM Quang praised the investor and contractors for their efforts to complete the Thi Vai LNG terminal He affirmed that the establishment of the terminal significantly contributes to Vietnam’s energy transition strategy and sustainable development journey Vietnam is moving toward using no coal for power generation by 2050 Putting the LNG terminal into service is expected to help the government accelerate the implementation of its commitment to achieving net-zero emissions by 2050 Quang underscored that the government and the prime minister always throw support behind green projects and create favorable conditions for firms to invest in sustainability-driven projects Natural gas can be considered the least environmentally harmful fossil fuel Burning natural gas produces about 30 percent less carbon dioxide than burning petroleum and some 45 percent less than burning coal Like us on Facebook or follow us on Twitter to get the latest news about Vietnam Your comment will be reviewed before being posted 2008 by the Ministry of Information and Communications Email: vietnamplus@vnanet.vn Reproduction in any form is prohibited without written consent Cai Mep International Terminal’s serving as the main port for the Gemini Cooperation will be pivotal in enhancing connectivity between the Cai Mep-Thi Vai port cluster and international shipping routes Ba Ria-Vung Tau (VNA) – Cai Mep International Terminal (CMIT) in Phu My township of the southern province of Ba Ria - Vung Tau welcomed the first vessel from the WC1/TP6 service of the Gemini Cooperation a partnership between shipping giants - Germany's Hapag-Lloyd and Denmark-based Maersk This marks the beginning of regular services at CMIT with two mother vessel routes and one feeder route scheduled for operation Hapag-Lloyd and Maersk signed an agreement for a new long-term operational collaboration called Gemini Cooperation and interconnected ocean network with industry-leading reliability being its cornerstone CMIT has been selected as the sole primary port in Vietnam for this cooperation CMIT’s serving as the main port for the Gemini Cooperation will be pivotal in enhancing connectivity between the Cai Mep-Thi Vai port cluster and international shipping routes This is expected to boost both export-import volumes and logistics development while improving port infrastructure and contributing to the domestic maritime sector's growth The Gemini Cooperation will involve a fleet of around 290 vessels with a total capacity of 3.4 million TEUs while Hapag-Lloyd will manage the remaining 40% The service will cover seven trade routes and 26 major services said that the total container throughput at the Cai Mep-Thi Vai port cluster in 2024 reached nearly 6.5 million TEUs The Cai Mep-Thi Vai region remains the deep-water gateway port for southern Vietnam With continued support from the members of Gemini Cooperation CMIT is optimistic about further development opportunities and expects the Cai Mep-Thi Vai area to continue to see robust growth in 2025 Gemini Cooperation’s main objective is to achieve a schedule reliability rate exceeding 90% once the network is fully operational To support customers in achieving this goal high operational efficiency and safe handling at deep-water ports are critical Industry experts predict that such alliances will increase direct routes to the US from Cai Mep-Thi Vai Cai Mep-Thi Vai is set to become a more attractive destination if new alliances focus on the Asia-Europe trade route This is a positive signal for the port’s future CMIT has been a leader in introducing new developments to the Cai Mep-Thi Vai deep-water port cluster It has successfully accommodated some of the largest vessels in the world with a notable milestone being the successful trial reception of a 194,000 DWT vessel in 2017 CMIT is now one of the few ports globally capable of handling such large vessels This capability has been key in enabling the Ministry of Transport and Vietnam Maritime Administration to grant approval for other deep-water ports in the Cai Mep-Thi Vai area to accommodate similarly large ships./ The Ministry of Transport has approved a proposal for the Cai Mep International Terminal (CMIT) to officially receive reduced-load container ships with a carrying capacity of up to 214,121 DW Vietnam's GDP per capita was 4,535 USD in 2024 The Government aims to achieve over 7,500 USD in GDP per capita by 2030 and become a high-income country by 2045 economic experts have recommended Hanoi to implement a range of measures to manage inflation in the coming months They emphasised the need to strengthen price monitoring of essential goods A highlight of the Vietnam Goods Week in Malaysia is the introduction of Vietnamese culinary booths featuring iconic dishes like Vietnamese banh mi (baguette) and coffee by the "Saigon Station" restaurant The Sri Lankan President emphasised investment opportunities for Vingroup in the sectors it is strong at such as tourism especially in Colombo – Sri Lanka’s largest city an upcoming state visit to Kazakhstan by Vietnamese Party General Secretary To Lam promises to inject new energy into economic ties The Ministry of Industry and Trade have announced reductions in retail fuel prices after nearly four decades of economic reform the sector has grown steadily in both scale and quality becoming one of the key driving forces of the socialist-oriented market economy airports nationwide handled over 12,610 flights marking a 19.45% increase compared to the same period last year the students were informed about how to take advantage of the free trade agreements that Vietnam and Canada have signed to optimise supply chains they also heard about Vietnam's potential as an Asian logistics hub Deputy PM Dung emphasised that this is a particularly important external task of the Party and State affirming Vietnam’s role and position on the international stage while showcasing the results of 40 years of its renewal creating new momentum and driving force for Kien Giang The ministry received the notification from the EC’s Directorate – General for Maritime Affairs and Fisheries (DG-MARE) in early May which requested Vietnam to submit a progress report on implementing the EC’s recommended improvements before September 15 The commission will dispatch an inspection team to the country in late 2025 if the report demonstrates sufficient advancements The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,944 VND/USD on May 5 down 12 VND from the day before the April 30 – May 1 holidays Bank Negara Indonesia (BNI) will be the lead arranger of the financing and will handle the underwriting for the syndicated loan of 1.85 trillion IDR which will cover more than 2,300ha with key function sites for manufacturing would need an investment of 40 trillion VNA (1.6 billion USD) The Vietnamese pavilion introduces eco-friendly handicrafts for the first time and animal figurines made from wood and bamboo scraps displayed alongside traditional items in the Asia Hall Muslim tourism has become a global trend and is playing an increasingly vital role in many countries' tourism sectors Rector of the Hanoi College of Commerce and Tourism The Vietnamese companies showcased a wide range of goods from raw input materials for production chains to high-value processed food products VinFast vehicle owners in the Netherlands can now access services at nine workshops with plans to expand to LKQ Netherlands’ full network of 260 service centres The company presented its flagship products and energy-efficient glass all environmentally friendly and integrated with advanced technology Hanoi (VNA) – The 1 million-tonne Thi Vai liquefied natural gas (LNG) receiving terminal project was officially put into operation in the southern province of Ba Ria - Vung Tau on October 29 The project was invested by the Petrovietnam Gas Joint Stock Corporation (PV GAS) a subsidiary company of the Vietnam Oil and Gas Group (Petrovietnam) in coordination with the joint venture of Samsung C&T Corporation and the Petrovietnam Technical Services Corporation (PTSC) The country’s biggest and most modern LNG receiving terminal includes a terminal capable of handling vessels with deadweight tonnage (DWT) of up to 100,000 it has a storage capacity of 1 million tonnes of LNG per year which will be raised to 3 million tonnes in the second phase Its LNG deliquefaction capacity stands at 171 tonnes per hour LNG will be distributed to customers via pipelines or by tankers/satellite warehouses Deputy Prime Minister Tran Luu Quang said that over the past years Vietnam has been working hard to develop modern and efficient energy infrastructure It views natural gas and gas products as among clean With many gas infrastructure facilities and such major complexes as Ca Mau and Phu My gas - power - fertiliser complexes already operational and Block B - O Mon gas project to be completed soon Petrovietnam and PV GAS will continue making substantial contributions to local budget revenue He considered the opening of the Thi Vai LNG terminal as an important facility helping carry out the Party and Government’s policy on national energy development and energy transition Quang asked Petrovietnam and its subsidiary companies to speed up construction so that LNG projects will be put into operation on schedule to help reach the national targets on LNG development The Government will always provide optimal conditions for the group as well as other investors to develop energy in conformity with the Party’s guidelines and the State’s policies and laws PV GAS Chairman Nguyen Thanh Binh said the Thi Vai LNG terminal is an important link of the deliquefied LNG supply chain helping ensure gas supply for existing customers and to-be-built power plants especially amid falling domestic gas supply and soaring gas demand for power generation Its operation will also help actualise the Government’s commitment to achieve net zero emissions by 2050 The project’s second phase will be implemented soon to increase the storage capacity to 3 million tonnes PV GAS is also building Son My LNG import terminal based in the south-central province of Binh Thuan with a designed capacity of 3.6 million tonnes of LNG per year in the first phase and 10 million tonnes in the second phase adding that his firm’s LNG infrastructure will basically meet the energy demand in the southeastern and south-central regions in the future The corporation is also pressing on with expanding the LNG infrastructure and transportation system in the LNG hub model to supply deliquefied LNG for satellite gas-fired thermal power centres in the southeastern tanker Maran Gas Achilles delivering the first LNG batch to Vietnam arrived at the Thi Vai LNG terminal./ The Brazilian government said that allowing tilapia fish imports from Vietnam is an irreversible decision and is part of its negotiations in late March to open the beef market in Vietnam coordinated with the People's Committee of Ba Ria - Vung Tau Province to organize a ceremony to deploy the construction investment project to upgrade the Cai Mep-Thi Vai marine navigation channel from buoy No.0 to Cai Mep container terminal in Phu My Town with the attendance of Deputy Minister of Transport Nguyen Xuan Sang and leaders of Ba Ria - Vung Tau the project was approved by the Ministry of Transport in Decision No.1093/QD-BGTVT dated August 9 and invested by the Maritime Project Management Board The project is invested with State budget capital in the medium-term public investment plan for the 2021-2025 period with a total investment of VND1.41 trillion The planning of the Cai Mep-Thi Vai marine navigation channel The scope of the project includes the renovation and expansion of the waterway from buoy No.0 to Cai Mep International Terminal (CMIT) with a length of 30.5km It also includes the establishment of turning basins at the confluence of the Theu River (downstream of SP-SSA International Terminal) with a diameter of 700m and at the confluence of the Go Gia River with a diameter of 600m and a nautical depth of -15.5m; the renovation and expansion of the navigation channel from TCIT and TCCT to Phuoc An Port for ships up to 60,000 tons at full load for one-way exploitation The remaining ones are the renovation and expansion of the marine navigation channel from upstream of CMIT to upstream of Tan Cang-Cai Mep International Terminal (TCIT) and Tan Cang-Cai Mep Container Terminal (TCCT) with a length of 3.2km and a design water level of +2.5m; using the existing turning basin upstream of Cai Mep Thuong container port with a diameter of 500m a nautical depth of -14m The leader of the Ministry of Transport gives gifts to units the renovated and expanded marine navigation channel will enable safe operations for ships weighing 160,000-200,000 tons This project is expected to create a driving force for promoting investment in the region contributing to local socio-economic development and enhancing the water transport capacity of the entire channel in and out of the Cai Mep - Thi Vai deep-water port area The accident happened on Thursday afternoon as the terminal in Ba Ria – Vung Tau Province The ship Wan Hai A02 stretching 335 m long and having a loading capacity of 140,000 tons drifted out of its navigational channel when reaching a bending area on Thi Vai River near the terminal its left side collided and pressed on to the right side of Vassos 2 a cargo ship that was docked at the terminal's wharf Vassos 2 stopped at the terminal to unload goods The collision caused no fatalities but Vassos 2 hit the dock and as a result Part of the conveyor belt system sunk into the water Authorities are assessing the damage and extracting security cameras and anemometers as well as collecting relevant data to clarify the cause Cai Mep - Thi Vai is one of the 20 largest ports in the world The cluster has 35 ports in total and 22 of them have been put into use with a total capacity of 117.8 million TEUs per year including seven ports specializing in serving container ships with a total capacity of 6.8 million TEUs per year Email: evne@vnexpress.netTel: 028 7300 9999 - Ext 8556 FPT Tower, 10 Pham Van Bach Street, Dich Vong Ward, Cau Giay District, Hanoi, Vietnam © Copyright 1997 VnExpress.net. All rights reserved. 2008 12:00 AM EDTLong before a government report confirmed it villagers living along the banks of the Thi Vai river in the Mekong Delta knew full well that the waterway was dead They had complained for years that industrial waste discharged into the Thi Vai had poisoned their wells killed all the fish and was making them sick Yet it wasn’t until cargo companies refused to dock at the river’s main port — saying that the toxic brew was eating through the ships’ hulls — that Vietnam officials were willing to get tough on polluters investigators announced they had caught a Taiwanese-owned monosodium glutamate factory red-handed Though it had taken three months of undercover work was illegally dumping untreated waste into the river Natural Resources and Environment Minister Pham Khoi Nguyen called it “not just a violation but treacherous behavior.” An unprecedented crackdown followed: a Korean MSG manufacturer was nabbed dumping toxic waste which can release cyanide during processing inspectors caught a Vietnamese leather tanning company pumping carcinogenic chemicals into a river in Ho Chi Minh City aggressive enforcement of environmental regulations has become almost a rite of passage for industrializing nations The communist government’s embrace of the free market has lifted millions out of poverty over the last decade environmental considerations have been largely pushed aside in the race to build factories and industrial parks few of them equipped with adequate wastewater treatment facilities The predictable result: pollution of the country’s lands and waters on a shocking scale thousands of large — and small-scale industries — discharge at least 33,000 cubic meters of waste into the Mekong River system every day who lives a kilometer from the Vedan plant tells pregnant women living along the Thi Vai River not to drink the water Even some well water burns people’s skin and isn’t used to wash clothes they don’t have enough money to buy rice,” says Thuy “So how can they buy water?” because local governments benefit from development a professor at the Institute for Tropical Biology The Ministry of Natural Resources and Environment has only a few environmental inspectors who typically must get permission from factory owners to inspect an industrial site And when a company is found to be illegally discharging wastewater the fines are too low — Vedan was fined several times in the past for a total of $1,400 — to be a deterrent “I gave evidence of serious pollution from these factories “But the relevant state agencies have let those violations continue for years.” What angers villagers is that the pollution is there for anyone to see Le Thi Nung doesn’t need a scientist in a lab coat to tell her that the river is full of poison Her village in Dong Nai’s district of Long Thanh once depended upon fishing and small farms the pollution killed all the fish so I had nothing to feed my seven children,” she complains adding that the factory brought few of the promised benefits Nung’s 19-year-old daughter married a Taiwanese man twice her age The family now lives on the $100-$200 she sends home every month Environmental degradation is beginning to threaten some of the economic gains Vietnam has made and the country’s efforts to market itself as a tourist destination are undermined by images of poisoned rivers And while it is doubtful that the Thi Vai river’s chemical stew could actually eat through a steel hull the threat that ships would not stop at the Go Dau port delivered a clear message about the potential economic impact of pollution Prime Minister Nguyen Tan Dung ordered the government to get tough on polluters It fined Vedan $16,000 and ordered to the company to pay $7.6M in environmental back dues it owes These are fees the company was supposed to pay in order to pollute They had not paid these fees in several years and so criminal charges could still be filed This should send out a clear message to all manufacturers says Natural Resources and Environment Minister Pham Khoi Nguyen But the Prime Minister’s call for tougher enforcement also cautioned local authorities to balance environmental protection with development to ensure growth is sustainable In a press conference after the charges against Vedan were made public the Natural Resources and Environment Minister “Many local officials have called me to say that we have to lower standards on the environment,” the Natural Resources and Environment Minister said “otherwise they can’t attract foreign investors.” Vedan is still making condiments for Vietnam’s dinner tables it does not appear that the government is going to shut them down Click here to see images of Vietnam grappling with modernity and change. Click here to read a TIME cover story on Vietnam. Contact us at letters@time.com Establishing a logistics center and free trade zone to create streamlined goods management mechanisms is crucial to expediting Cai Mep - Thi Vai Port’s transformation into an international transshipment gateway Statistics of the past three years reveal that the average cargo volume through Ba Ria - Vung Tau Province’s seaport system has exceeded 110 million tonnes annually including more than 8 million TEUs of container cargo These figures represent approximately 15 percent of the country’s total cargo and about 34 percent of the total container volume passing through the national seaport system the province currently has only 22 specialized logistics warehouses with a total area of 256ha These primarily comprise warehouses serving bulk and general cargo with only five facilities capable of container storage these warehouses operate in a fragmented manner with small-scale operations and outdated operational and management technologies despite the substantial cargo volume moving through the port the province lacks a world-class logistics center relegating local businesses in this sector to merely serving as satellite service providers for enterprises in neighboring provinces The majority of export cargo still undergoes container stuffing and customs clearance at ICDs (inland container depots) in other provinces before being transported by barge to mother vessels at Cai Mep - Thi Vai Port To address these weaknesses in one of its four economic pillars Ba Ria - Vung Tau Province is actively considering the Cai Mep Ha Logistics Center model This includes a logistics center spanning more than 891ha the Cai Mep Ha downstream port covering approximately 594ha and distribution of goods to domestic and international destinations via sea Experts consider this area one of the best remaining locations in Vietnam for a regional and world-class port complex due to its favorable climate The area also boasts natural deep-water channels and ideal width for accommodating ultra-large vessels Cai Mep-Thi Vai is currently the only port in Southern Vietnam with direct shipping routes to Europe and America Experts believe that establishing a free trade zone linked to the seaport at Cai Mep Ha area is essential for further developing Ba Ria-Vung Tau’s port system This free trade zone is not only aimed at attracting investment through preferential policies but also at achieving greater local autonomy and empowering dynamic and innovative policy implementation Surveys reveal that Vietnam’s management and supervision policies for transshipment goods and containers are stricter than those of regional countries deterring foreign ship owners and cargo owners from transshipping goods through Vietnamese ports More open mechanisms are needed to enhance the competitiveness of ports like Cai Mep-Thi Vai According to Ba Ria - Vung Tau’s provincial planning for the 2021-2030 period the province will focus on developing the Cai Mep - Thi Vai port cluster to Southeast Asian standards by 2030 competing directly with its counterparts in Singapore and Malaysia and aspiring to achieve world-class hub port status by 2045 Resolution No.24-NQ/TW by the Politburo in 2022 on socio-economic development and national security assurance for the Southeast region through 2030 has also prioritized “Establishing a port-linked Free Trade Zone in the Cai Mep Ha area” in Ba Ria - Vung Tau Province as a key objective to promote both provincial and regional socio-economic development Secretary Pham Viet Thanh of the Ba Ria - Vung Tau Province Party Committee stated that progressing toward establishing a port-linked free trade zone represents a strategic step in completing the Southeast region's logistics infrastructure synchronizing with Long Thanh International Airport and Cai Mep - Thi Vai Deep-water Port This will create absolute competitive advantages and attract investment along the East-West economic corridor from Moc Bai to Cai Mep - Thi Vai Critical inter-regional transportation routes including the Bien Hoa - Vung Tau Expressway and Phuoc An Bridge connecting to the Ben Luc - Long Thanh Expressway as well as several intra-provincial roads linking industrial zones are being actively developed by Ba Ria - Vung Tau Province early research into implementing the Bien Hoa - Cai Mep railway connection to the national rail system is essential for reducing road cargo pressure Expected to cost VND4.87 trillion ($208 million) of the state budget Phuoc An Bridge will stretch more than 3.7 kilometers The river is the natural border between the two provinces More than 13 hectares in both provinces will be cleared to serve the project director of Traffic Project Management Board at Cai Mep – Thi Vai Port in Ba Ria – Vung Tau said Wednesday that the contractor for the project has been picked and work will start in September to build the bridge from the site of Ba Ria – Vung Tau first the bridge will connect the deep-water port of Cai Mep – Thi Vai in Ba Ria – Vung Tau with Ben Luc – Long Thanh Expressway which is under construction to run between Dong Nai and Long An Province in the Mekong Delta passing through HCMC as the longest expressway in southern Vietnam The Vietnamese Government has reduced the preferential import tariff on liquefied natural gas (LNG) from 5% to 2% under Decree No The move marks a key step in accelerating the country’s shift from fossil fuels to cleaner energy Hanoi (VNA) – The Vietnamese Government has reduced the preferential import tariff on liquefied natural gas (LNG) from 5% to 2% under Decree No Chairman of the Vietnam Petroleum Association said the lower tariff would provide strong incentives for investors in the LNG value chain from importers like PV GAS to power producers such as PV Power and end users The decision also signals the Government’s intent to refine energy policy by balancing the interests of the State A more investor-friendly framework is expected to encourage development of LNG infrastructure Vietnam aims to build 23 gas-fired power projects by 2030 with total capacity of 7,900 MW and 13 relying on imported LNG with a combined capacity of 22,400 MW These projects will play a vital role in increasing national power supply and advancing Vietnam’s 2050 net-zero emissions target.The Nhon Trach 3 Power Plant the first LNG-to-power plant using imported gas was connected to the national grid in February and is set to begin commercial operations in July its workload saw 96% completed along with the Nhon Trach 4 plant Both are expected to be fully operational in 2025.To ensure stable long-term fuel supply PV GAS and PV Power have signed a 25-year LNG supply agreement for the Nhon Trach 3 and 4 plants currently Vietnam’s only long-term LNG supplier is accelerating investment in import terminals to maintain supply for both electricity generation and industry The tariff cut is expected to help lower input costs for LNG power and benefit consumers While the tariff reduction is a welcome step A unified regulatory framework covering investment and LNG trading is essential to achieve national energy security and long-term sustainability goals a PV GAS representative pointed to persistent policy challenges such as the absence of a guaranteed purchase volume unclear rules for passing LNG prices through to electricity prices and commercial negotiations throughout the LNG value chain.PV Power also highlighted difficulties in accessing international financing as imported LNG remains a new investment model in Vietnam projects typically need minimum purchase guarantees (70–80%) a price pass-through mechanism similar to that for domestic gas and clear access to land and transmission infrastructure Petrovietnam also stressed that LNG-to-power should not be treated like traditional power sources in the competitive electricity market as long-term LNG contracts are needed to ensure stable supply and reduce costs Legal reforms to support energy transitionTo advance clean energy goals the Vietnam Petroleum Association has called for revisions to a wide range of laws environmental protection (especially carbon emissions accounting) It also recommends aligning electricity market development with Power Development Plan VIII building integrated LNG infrastructure clusters (terminals and expanding transmission networks for both domestic use and export—particularly for LNG-based power The association further urged updates to the organisational and financial regulations for state-owned energy firms like Petrovietnam and EVN./ synchronised policy framework is needed to cover all LNG activities — from investment and infrastructure to pricing and regulation LNG power projects in Vietnam are currently grappling with many obstacles ranging from bureaucratic delays to issues with power purchase agreements (PPAs) leading to significant project implementation slowdowns have expressed their interest in investment opportunities in Vietnam’s liquefied natural gas (LNG) infrastructure market to meet the country's energy needs The MoU was signed during the Arabian Travel Market (ATM) in Dubai by Orhan Abbas Emirates’ Senior Vice President of Commercial Operations for the Far East Deputy CEO of Sun Group cum CEO of Sun Entertainment & Hospitality Group This marks the largest container ship to ever dock at Cai Mep - Thi Vai seaport complex A representative of Gemalink International Port said OOCL Spain’s anchoring serves to elevate the position of Cai Mep-Thi Vai port in the world and helps customers to save on logistic costs It also opens up a new phase of development for Cai Mep-Thi Vai port cluster as well as the nation’s maritime industry in general It is OOCL Spain’s first voyage on the Asia-Europe route LL3 before continuing its 84-day journey to Singapore - Piraeus - Hamburg - Rotterdam - Zeebrugge - Valencia - Piraeus - Abu Dhabi - Singapore - Shanghai OOCL Spain built on February 16 has duly been awarded three "Smart Ship" notations by the American Bureau of Shipping (ABS) It is  the largest container ship ever to dock in the Vietnamese port system This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply Vietnam's master plan for development emphasises the importance of Ba Ria-Vung Tau's seaports as a gateway to the world's waterways The Cai Mep - Thi Vai port complex in Ba Ria-Vung Tau According to the World Bank and S&P Global Market Intelligence's CPPI ranking of 348 global container ports last June the Cai Mep area container terminals in Ba Ria-Vung Tau ranked 32nd globally in capacity and 12th in the best performance index handling almost 118 million tonnes annually including seven container ports with a capacity of 6.8 million TEU per year The Gemalink international port in this region can accommodate the world’s largest container ships with capacities up to 232,000DWT and over 24,000TEU this port area now has mother ship service routes directly to the US and Europe providing more options for businesses and reducing logistics costs by eliminating transshipment Data from the Maritime Administration of Vung Tau showed that as of the beginning of this year 23 out of about 30 mother ships to the United States and Europe called at the Cai Mep seaport area Speaking at a seminar organised by Ba Ria-Vung Tau Department of Transport and Ba Ria-Vung Tau Customs Department on July 31 deputy director of the Customs Control and Supervision Department "To promote cargo flow through the Cai Mep - Thi Vai port complex it is necessary to implement synchronous reforms automation in port management and operation and development of maritime logistics services The seaport system in the Vung Tau - Cai Mep - Thi Vai area is currently connected via three main modes with the Long Thanh airport megaproject under construction and the future Bien Hoa - Vung Tau railway line it will soon be connected to all five transport modes The port system connects with the Southeast region via intra-regional rivers such as Cai Mep allowing inland waterway vessels of up to 10,000 tonnes with a capacity of 300-400TEU Once the Long Thanh airport and nearby railway are complete Ba Ria-Vung Tau will be linked by five transport routes extending almost 10km from Bien Hoa - Vung Tau Expressway to the Cai Mep - Thi Vai inter-port road According to the Transportation Project Management Board of Cai Mep - Thi Vai Port Area this project will enhance intra-regional transport connections and link with Bien Hoa - Vung Tau Expressway and Coastal Road 994 to Vung Tau - Binh Thuan This road is also planned to connect with Long Thanh International Airport creating a logistics supply chain combining air-sea with Ba Ria-Vung Tau seaports reducing cargo transportation time between the port and airport and cutting logistics costs for businesses The Bien Hoa - Vung Tau railway line is in the pre-feasibility study phase and is expected to be built in two stages with phase one from Bien Hoa to the Cai Mep - Thi Vai port complex and phase two from the Cai Mep - Thi Vai port complex to Vung Tau the Bien Hoa - Thi Vai section will handle about 22.6 million tonnes of goods per year while the Thi Vai - Vung Tau section will manage around 680,000 tonnes annually the province is promoting the construction of a free trade zone connected to the seaport in the Cai Mep Ha area and Cai Mep Ha Logistics Centre in Phu My the Ministry of Finance and the General Department of Customs are developing a circular for piloting open ports and reduce logistics costs for import and export goods Ba Ria-Vung Tau will offer incentives to boost operational capacity deputy director of Ba Ria-Vung Tau Customs Department said that a circular regulating customs supervision for goods transported between berths in the Cai Mep - Thi Vai container port complex is being developed the circular will help businesses reduce time and costs while ensuring the supervision of goods and increasing revenue for the state budget "Ba Ria-Vung Tau Customs Department is focussed on avoiding time losses for businesses," Sang said the Maritime Administration of Vung Tau has worked with Portcoast Consultant Corporation to develop digital solutions for Vung Tau seaport data This ongoing project is expected to enhance transportation activities and infrastructure management by optimising ship berthing processes and forecasting equipment maintenance schedules Ba Ria-Vung Tau is also planning to form four functional zones including industry and seaports; tourism and coastal urban areas; agriculture and ecological balance; and marine and island areas the industry and seaports zone is planned to be associated with the Cai Mep - Thi Vai industrial - seaport economic dynamic axis thereby orienting the development of seaport industry and comprehensive service urban development This zone will integrate economically with the industrial and logistics areas along the Southeast region's Ring Road 3 the seaport planning will connect with industrial parks in Phu My enhancing transport advantages to welcome investors As one of the 28 localities along the coastline Ba Ria-Vung Tau is home to around 305km of coastline and has the potential to become one of the key development areas in the southeast region and the centre of Vietnam's national maritime economy The southern province of Ba Ria-Vung Tau has ramped up efforts to open Bien Hoa-Vung Tau Expressway on schedule by 2025 as directed by Prime Minister Pham Minh Chinh on his field visit to the project site in mid-February The southern province of Ba Ria-Vung Tau took first place for attracting the most foreign investment capital in the first four months of the year Please enable JS and disable any ad blocker The project will require an investment of over 2.38 trillion VND and will be implemented on a land area of approximately 41.65 hectares Hanoi (VNS/VNA) - Deputy Prime Minister Tran Hong Ha has signed Decision No 650/QD-TTg approving the investment policy for the Long Son My Xuan General Port Project with a total investment of over 2.38 trillion VND (93.3 million USD) the Long Son My Xuan General Port Project will be built in the Thi Vai port area in My Xuan ward Its development is part of a broader plan to complete the Thi Vai port area in accordance with the approved master plan The project will require an investment of over 2.38 trillion VND and will be implemented on a land area of approximately 41.65ha The investor responsible for the project is Long Son Co. The construction of the general port aims to support economic activities facilitate the operations of industrial zones within the province and surrounding areas and meet the growing demand for construction materials in the region the project seeks to maximise the advantages of the region’s natural conditions geographical location and ongoing transportation infrastructure developments This will contribute to socio-economic growth in Ba Ria - Vung Tau province The Long Son My Xuan General Port Project will include a main berth with a length of 270m capable of accommodating general cargo ships of up to 30,000 DWT four barge berths with a combined length of 530m capable of receiving ships and barges with a capacity of up to 7,500 DWT and a warehouse system and a cement grinding facility with a production capacity of 2.3 million tonnes per year the Ministry of Finance will be responsible for assessing the investment policy providing recommendations and ensuring compliance with State management regulations in accordance with investment laws and relevant legal frameworks Government agencies and the People's Committee of Ba Ria - Vung Tau province will be responsible for evaluating the investment policy within their respective jurisdictions Their assessments and approvals must comply with the Investment Law and other applicable legal provisions The provincial People's Committee is tasked with allocating land in accordance with the approved land-use plan port development plans and regulations issued by competent authorities This will ensure that the investor can implement the project in compliance with land laws The provincial People's Committee of Ba Ria - Vung Tau must ensure that sufficient land is allocated for reforestation efforts to maintain a balance between environmental protection and economic development The conversion of land for other purposes will only be permitted if all conditions specified in Article 19 of the Forestry Law are met The local authorities must strictly protect forest areas designated for conversion and only allow land-use changes once all legal procedures are completed The People's Committee must also monitor and supervise the investor throughout the process of converting forest land for alternative uses they must oversee the project's implementation to ensure compliance with legal regulations including financial mobilisation activities The Ministry of Construction is required to urgently approve the detailed zoning plan for port land and water areas in the province This zoning plan will provide the legal foundation for project implementation the ministry must guide the investor in reviewing and finalising project documentation for the feasibility study phase The Ministry of Agriculture and the Environment must assist and guide the People's Committee in matters related to land allocation land leasing and the conversion of forest land for other uses These processes must align with approved planning guidelines and legal regulations the ministry must support the investor in completing the required environmental impact assessments The investor must adhere to all environmental protection regulations including those concerning water resource management Chu Lai International Port in Quang Nam Province has established itself as a key logistics hub for the central and Central Highlands regions and for neighbouring nations Laos and Cambodia facilitating trade and contributing to the inter-regional economy The Ministry of Transport has approved adjustments to policies and resource allocations for the implementation of the national seaport system master plan for 2021-2030 The Can Gio port is now part of the implementation roadmap Vietnam opened January 28 the Cai Mep-Thi Vai International Ports the country’s deepest and biggest port system located in the southern province of Ba Ria Vung Tau The US$624.4-million project is expected to accommodate increasing shipping activities in the south and cut transit time and costs by providing direct shipping links to domestic and international ports It is also seen to ease pressure on the ports in Ho Chi Minh City The deep-sea port complex in the Tan Thanh district of Ba Ria Vung Tau includes the Cai Mep container port which will be able to receive 100,000 DWT vessels Construction of the port was co-funded by the Japan International Cooperation Agency and the Vietnamese government Photo: staffan.scherz It focuses on Asian news but also covers developments elsewhere Contact us: info@portcalls.com The province's government on Sunday assigned the Provincial Management Board of Traffic Construction Investment Project to coordinate with agencies to prepare a pre-feasibility report for the project The railway will run more than 125 km from Binh Duong’s Bau Bang District to Cai Mep – Thi Vai Terminal in Ba Ria – Vung Tau It will stretch 42 km long from Bau Bang to Di An City in Binh Duong and the rest of it will be in Dong Nai and Ba Ria – Vung Tau provinces According to Binh Duong’s Department of Transport the Ministry of Transport has already worked on a pre-feasibility report for the railway’s parts through Dong Nai and in Ba Ria – Vung Tau Binh Duong now asked Dong Nai and Ba Ria – Vung Tau to go ahead with the plan All three localities are neighbors of Ho Chi Minh City the railway section within the province will cost VND34.3 trillion (US$1.45 billion) including VND9.5 trillion from the state budget and the rest from official development aid and private investment Binh Duong is home to many industrial parks and processing zones but the transportation of goods to ports in Ba Ria – Vung Tau is often interrupted by traffic jams on National Highway 51 Dong Nai's Bien Hoa City and Cai Mep-Thi Vai Terminal The People's Committee of Ba Ria-Vung Tau Province in coordination with Vietnam National Oil and Gas Group organized a conference to discuss the implementation progress and propose solutions for the development of the energy sector the southern coastal city of Ba Ria-Vung Tau has continued to play a leading role in the oil and natural gas exploration the total crude oil production in the region reached over 44.5 million tons and natural gas output achieved more than 32.6 billion cubic meters Many new oil fields have been put into operation The deep processing has developed strongly with prominent projects such as the polypropylene production plant the storage facility for liquefied petroleum gas (LPG) Long Son Petrochemicals (LSP)'s integrated petrochemical complex and Thi Vai and Hai Linh liquefied natural gas (LNG) warehouses and inter-regional connection and develop renewable energy industrial-service hubs to become the national energy center The Cai Mep LNG Terminal is currently seeking cargo to begin commissioning tests putting it on track to become the second of its kind in Vietnam to come into operation according to a report by Reuters late August CEO of AG&P LNG Karthik Sathyamoorthy said his firm received an import licence and is working hard to accelerate the commissioning process targeting completion within the next three months The company plans to finalise the commissioning of cargo this month for delivery between late October and mid-November the company - a subsidiary of Nebula Energy - acquired a 49% stake in Cai Mep LNG terminal located in the southern province of Ba Ria-Vung Tau.Meanwhile the US-based LNG company Excelerate Energy signed a memorandum of understanding with Vietnam's ITECO JSC to jointly develop a greenfield LNG import terminal in the northern port city of Hai Phong Vice President for Asia Pacific for the gas distribution company Excelerate Energy said that as one of the fastest-growing economies in Asia Vietnam is an attractive emerging market for foreign investors Wangdi said this growth is driven by a rapid increase in energy demand where LNG will play a key role over the coming decades When Vietnam transitions from carbon-intensive fuels such as coal and oil LNG will be crucial in helping the country achieve net zero by 2050 Excelerate is exploring investment opportunities in related infrastructure across Vietnam and the Asia Pacific to support this shift in energy strategy.Vietnam set a goal of expanding its LNG-based power initiative from virtually zero to over 20 GW by 2045 This ambition will position the nation as a key player in the global LNG industry the Son My LNG Terminal - a joint venture between AES Group and PetroVietnam Gas (PV Gas) - has received approval in principle from the Binh Thuan Provincial People's Committee The project is slated for completion in 2027.Adam Sitkoff Executive Director of the American Chamber of Commerce in Hanoi said that US businesses are excited about opportunities in Vietnam to turn this interest into real investments Vietnam needs to demonstrate to international investors that large-scale infrastructure could be deployed under international banking standards He said it is crucial that LNG terminals and all buyers have to commit to progress along the same development timeline to unlock international funding Vietnam’s 8th Power Development Plan and bilateral agreements reflect the strong relationship between Vietnam and US in promoting energy cooperation This cooperation is the foundation for the confidence of the US business community to invest in multi-billion dollar LNG projects in Vietnam Major infrastructure investments are required to import LNG including LNG storage and import facilities.According to FiinGroup Vietnam has taken the first step in developing LNG infrastructure when PV Gas inaugurated Vietnam's first LNG terminal in late 2023 Among 13 LNG power plants that have been approved in Vietnam with a total capacity of 24 GW while the remaining 11 plants are still in the planning stage Three of the plants are still looking for potential investors.In addition several commercial terminals including PV Gas’ Thi Vai LNG Terminal and AG&P’s Cai Mep LNG Terminal have been put into operation or are under construction These terminals are for both thermal power plants and local industrial customers head of Market Research and Consulting at FiinGroup said that LNG will be a promising industry in Vietnam in the coming years The 8th power development plant focuses on transitioning from traditional energy sources such as coal and hydropower and reducing the proportion of these energy sources in electricity production The plan targets LNG to contribute 14.9% to Vietnam’s electricity supply.Meanwhile the Ministry of Industry and Trade has issued new power purchase agreement guidelines in 2024 removing major barriers to the development of LNG and natural gas infrastructure These guidelines provide investors and Vietnam Electricity (EVN) with clearer guidance to reach agreements effectively./ The amount of pollution that Vedan (Vietnam) Enterprise Corp contributed to the Thi Vai River in the southern province of Dong Nai accounted for just 65 percent of the total damage to the area Vedan’s researchers had analyzed data and come up with the figure the Institute of Environment and Resources under Vietnam National University-HCMC reported that the Taiwanese-invested company more likely caused around 90 percent of the pollution which stretched 10 kilometers along the Thi Vai River Valley The institute also said that several other areas have been negatively impacted by the water pollution including HCMC, Dong Nai and Ba Ria-Vung Tau provinces After having its percentage-of-damage figure refuted by the institute Vedan proposed to take the mean of the institute’s projected figure and its own to come up with a new figure of 77 percent This number would then be used to determine the amount of compensation owed by Vedan to residents affected by the pollution the institute has refused to accept the proposal said that the figure announced by Vedan was unsubstantiated The institute has now transferred the issue to the Vietnam Environment Administration to make a final decision