Keyword: "Cai Mep - Thi Vai"

The recent administrative merger offers a unique opportunity to establish a unified and synchronised logistics system, turning the Southeastern Key Economic Region into a high-performing hub for trade, investment, and marine economy.

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.

The port complex of Cai Mep - Thi Vai in Ba Ria - Vung Tau continually welcomed international cruise ships with thousands of tourists over the past months, a sign of cruise tourism recovery in this southern province and Vietnam at large.

Vietnam plans to develop a modern seaport system in the near future, but the question remains on how to optimise the facilities.

Vietnam would need 312.6 trillion VND (13.3 billion USD) to develop the seaports system by 2030, according to the Ministry of Transport.

The Cai Mep - Thi Vai port cluster in the southern province of Ba Ria-Vung Tau is investing in upgrading infrastructure to increase cargo-loading capacity, according to Tan Cang Sai Gon Corporation.

Careful consideration is needed before increasing seaport services charges to limit negative impacts on the economy during the COVID-19 pandemic, according to the Vietnam Maritime Administration.

Vietnam’s port sector will flourish this year as trade in goods is expected to thrive on the back of recovery in production, domestic consumption, and export markets, according to industry analysts.

Competition between seaports is set to increase in 2020 when more ports open.