Foreign lines seek to contain Vietnam problem

APM Terminals teams up with Vietnamese Hateco group to develop two new deep-water berths at Lach Huyen port in Haiphong City, Vietnam.

Vietnam’s new box builder says its containers “will have the same or lower costs” as Chinese-made products.

TiL has signed a framework agreement to develop a new terminal in the Can Gio area of Ho Chi Minh City, an area that contains a UNESCO recognised World Biosphere Reserve.

The central Vietnamese port of Da Nang has received permission from the country’s prime minister to invest about US$150M in developing a new container terminal at Lien Chieu in the northern part of the port.

The region has huge potential, but ongoing infrastructure challenges and now political instability in Myanmar are weighing on those opportunities.

Gemalink International Port (GIP), which is jointly owned by Ho Chi Minh City-based Gemadept (75%) and Marseilles-headquartered Terminal Link (25%), has finally opened its container terminal in southern Vietnam.