Vung Tau to invest in logistics, port
Bà Rịa–Vũng Tàu Province plans to build a new logistics centre and container port with total investment of VNĐ50 trillion (US$2.17 billion).
![]() |
Bà Rịa–Vũng Tàu Province will have a new logistics centre and container port, with a total investment of VNĐ50 trillion. — Photo sggp.org.vn
The Government Office recently released Vice President Trịnh Đình Dũng’s statement regarding the construction of the Cái Mép Hạ logistics centre and Cái Mép Hạ container port in the province’s Phú Mỹ Commune.
The Cái Mép Hạ logistics centre will have a total area of 1,200ha, with an estimated investment of VNĐ40 trillion ($1.74 billion).
To ensure investment efficiency, the Geleximco Group’s Hà Nội Import and Export Company is responsible for exchanging information and working with the investor on the outcome of this joint-venture project, as well as the exploitation and use of ports.
The provincial People’s Committee will give instructions to the company on investment procedures, land lease, land allocation and construction investment in accordance with the law and requirements for economic growth of the province and southern key economic areas.
Cái Mép Hạ container port will be developed on an area of 86.6ha with total investment of VNĐ10 trillion.
The Vũng Tàu Shipbuilding and Oil Services Joint-Stock Company will be the investor./.
( VNF/VNA )
Recommended

Vietnam News Today (Oct. 3): Vietnam Braces for New Tropical Storm

Vietnam News Today (Oct. 2): Vietnam, Cuba Pledge to Deepen Special friendship and comprehensive cooperation

Vietnam News Today (Oct. 1): ADB Raises Vietnam’s Economic Growth Forecast to 6.7% in 2025

Vietnam News Today (Sep. 30): Engineering Unit Rotation 3 Accomplishes Task in UN Peacekeeping Mission in Abyei

Vietnam News Today (Sep. 29): Vietnam, Russia Agree to Boost Parliamentary and Economic Cooperation

Vietnam News Today (Sep. 28): Vietnam Braces for Rare Storm as Bualoi Speeds toward Coast

Vietnam News Today (Sep. 27): EU Remains One of Vietnam's Key Partners
