The sector has also become increasingly attractive to investors, with major projects like Cai Mep – Thi Vai, Lien Chieu, Lach Huyen, and other regions grabbing strong interest from both domestic and foreign investors, underscoring the seaport system's appeal.
The Cai Mep - Thi Vai International Port in Ba Ria-Vung Tau province plays a crucial role as a gateway connecting maritime trade routes among southern provinces of Vietnam. It also serves as a major international transshipment port, significantly reducing the transportation time between Vietnam and other countries.
Due to the adverse impact of the COVID-19 pandemic, the total number of ships passing through seaports in Ba Ria-Vung Tau province in 2021 decreased, but that through its Cai Mep-Thi Vai port cluster alone still increased in both the number of vessels and the volume of goods compared to those in 2020, according to the Vung Tau Maritime Administration.
MSC Oliver, one of the world’s largest container ships, has docked at the Cai Mep International Terminal (CMIT) in Ba Ria - Vung Tau province earlier this week.
The Vietnam Seaports Association (VPA) proposed raising service fees at its annual meeting held in the southern province of Ba Ria-Vung Tau on October 10.
National Assembly Chairwoman Nguyen Thi Kim Ngan had a working session with leaders of Cai Mep-Thi Vai and Baria Serece ports in southern Ba Ria-Vung Tau province on September 5.
The Vietnam Shipping Department has proposed investing 6.4 trillion VND (283 million USD) in dredging the Cai Mep – Thi Vai Passage to allow access to 100,000 DWT vessels.