Hai Phong International Gateway Port welcomes first vessel

On May 13, the first deep water port in North Vietnam commenced its commercial operations, opening the gate of Hai Phong city for direct shipments from northern provinces to Europe and the U.S..

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Jointly built by a joint venture of Japanese and Vietnamse companies, the -14 meter draft port now features two 750m-long wharves as its initial phase, and is capable of receiving vessels up to 14,000 TEU. The throughput goods is estimated at 1.1 million TEU per year. 

The port is one of the mega projects, under construction or operational, that altogher will enhance the infrastructure of Northern Vietnam and help boost the economic development of the region. Other projects include a new expressway connecting the port city with the capital Hanoi cuts travel time in half to roughly 90 minutes. Another highway to Quang Ninh province in northeastern Vietnam, home to factories owned by Japanese companies, will open this year. Two international airports in Hanoi and Haiphong are boasting flights to several countries. 

Northern Vietnam is steadily becoming a production hub for the electronics, automotive and machinery sectors. In middle of all the infrastructure developments, the DEEP C Industrial Zones has alerady attracted roughly 80 companies from both home and abroad.

To gain more insights into the growing region, please contact us. 

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