Binh Dinh seeks over 290 million USD to upgrade ports for 50,000DWT vessels

By 2030, the province’s seaport system is expected to handle 17.65–18.75 million tonnes of cargo annually, including 0.32–0.37 million TEUs of containerised cargo and 150,000–200,000 passenger visits per year.

Quy Nhon port in Binh Dinh province. (Photo: VNA)
Quy Nhon port in Binh Dinh province. (Photo: VNA)

Binh Dinh (VNS/VNA) – The south central province of Binh Dinh is pursuing an ambitious plan to modernise its seaport system to accommodate larger vessels and boost cargo handling efficiency.

A key component of this plan is the upgrading of the Quy Nhon shipping channel to allow the full operation of ships with capacities of up to 50,000 deadweight tonnes (DWT), aiming to eliminate long-standing infrastructure bottlenecks.

Major projects will include the renovation of maritime navigation channels, construction and expansion of wharves, development of anchorage areas for storm sheltering and the upgrading of service berths and facilities for specialised state management.

The total investment required by 2030 is estimated at 7.6 trillion VND (292.3 million USD). Of this, nearly 1.3 trillion VND is earmarked for public maritime infrastructure, while 6.3 trillion VND will be allocated to commercial ports providing cargo-handling services.

According to the Vietnam Maritime Administration and Inland Waterways Administration, the investment is part of a detailed plan for the development of Binh Dinh’s port for the 2021–2030 period that has recently been submitted to the Ministry of Construction.

By 2030, the province’s seaport system is expected to handle 17.65–18.75 million tonnes of cargo annually, including 0.32–0.37 million TEUs of containerised cargo and 150,000–200,000 passenger visits per year.

As of 2024, total cargo throughput at Binh Dinh’s ports had reached over 11.9 million tonnes. Dry cargo accounted for 81%, containers 11% and liquid cargo 8%.

Although cargo volume has been increasing at an average annual rate of 6%, the number of ship calls has fallen by 2.2% per year due to the shift from smaller vessels to larger ones. This trend highlights the urgent need for upgraded port infrastructure to meet growing and evolving transport demands.

The province’s current port system includes the Quy Nhon – Thi Nai – Dong Da terminals, the Nhon Hoi terminal and the Phu My port, as well as anchorage, transshipment and storm-sheltering areas.

Under the new plan, by 2030, Binh Dinh will require approximately 178 hectares of land and more than 19,400 hectares of water surface to support port development, including industrial zones and logistics centres./.

VNA

See more

High-end apartment projects in Gamuda Gardens Urban Area in Hanoi are developed by Malaysian real estate group Gamuda Land. (Photo: VNA)

OECD Economic Surveys: Vietnam 2025 report released

The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.

Prime Minister Pham Minh Chinh (R) welcomes Antoine Colin, HP Senior Vice President for Global Supply Chain Digital Transformation & Resilience (Photo: VNA)

HP looks to scale up production capacity in Vietnam

Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.

Vietnamese lychees make sweet impression on UK consumers (Photo: VNA)

Vietnamese lychees win over UK consumers

The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.

VinFast manufacturing facility in Haiphong city (Photo: Vingroup)

Vingroup among top 40 largest enterprises in Southeast Asia

This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.

Fresh Vietnamese lychees are being sold at an Aeon supermarket in Japan. (Photo: VNA)

Vietnam Goods Week opens in Japan’s Saitama prefecture

This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.

The Green Industries Summit 2025 aims to support the country’s transition toward sustainable industrial development. (Source: NordCham Vietnam)

Nordic firms eye green industry partnerships in Vietnam

According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.

Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong speaks at the 15th National Assembly’s 9th session. (Photo: VNA)

SBV Governor calls for overhaul of FDI attraction strategy to drive stronger growth

The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.

Buyers seek suppliers of globally standardised equipment at Automechanika, opened in HCM City on June 19. (Photo: VNA)

Vietnam’s auto parts and services expos open in HCM City

The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.