Southern Vietnam Emerges as Focal Point for Port Development

Vietnam is accelerating its ambition to become a leading maritime and logistics hub. This is supported by both national policy and large‑scale port investments, particularly in the country’s Southern region.

Vietnam’s government has approved the National Strategy for the Development of Logistics Services for 2025–2035, with a long-term vision to 2050. It aims to make Vietnam a top 40 global logistics hub by 2035, with a goal to reach top 30 ranking by 2050.

Expansion works have begun at Cai Mep, with construction at the Gemalink terminal underway. The project is launched by CMA CGM in partnership with Gemadept. As reported by splash247, the project is expected to be completed in 2027 and will expand the terminal’s capacity from 1.7 million TEUs to approximately 3 million TEUs.

Seatrade Maritime News also reported on the approved development of Can Gio International Transshipment Port in Ho Chi Minh City. The nearly $5 billion project is being led by a consortium headed by Vietnam Maritime Corporation, alongside Terminal Investment Limited (TIL), a subsidiary of MSC. The port is expected to handle up to 4.8 million TEUs annually by 2030, with a long-term target of 16.9 million TEUs by 2047.

splash247 reported that Can Gio could strengthen Vietnam’s role in transshipment networks and position the country competitively against established transshipment hubs in Singapore and Malaysia. It would also enhance connectivity to Europe and the U.S.

These infrastructure developments align with a rise in Vietnam’s exports to the U.S. Port Technology, citing data from Descartes Datamyne, reported that overall U.S. container imports from ten major Asian economies rose by just over 1% year-on-year in March 2026.

For the first quarter of 2026, U.S. container imports from these ten Asian economies increased by nearly 4% year-on-year, even as total U.S. container imports declined by slightly over -4%. China, Japan, India, Singapore, and South Korea recorded declines ranging from -6% and -13%. These figures stand in contrast to Vietnam, which led growth with a nearly 40% increase in volumes over the same period.

Source: splash247, Seatrade Maritime News, Port Technology, Descartes

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