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PRIORITIZE TO DEVELOP LACH HUYEN AND CAI MEP INTERNATIONAL GATEWAY PORTS

The Decision No. 1579/QD-TTg approving the overall master plan on Vietnam's seaport system development in the 2021 - 2030 period, with a vision toward 2050 is issued on September 22, 2021 by the Prime Minister.

Accordingly, the seaport system of Vietnam shall be divided into 5 groups. Regarding size and functions, the seaport system of Vietnam shall be divided into the following types: Special seaports including Hai Phong and Ba Ria - Vung Tau seaports; Class-I seaports including 15 seaports; Class-II seaports including 6 seaports; Class-III seaports including 13 seaports.

The master plan sets out the target that, by 2030, the throughput of goods through the seaport system is expected from 1,140 to 1,423 million tons (of which container cargo is from 38 to 47 million TEU); with 10.1 to 10.3 million passenger arrivals. Regarding infrastructure: To give priority to develop international gateway ports: Lach Huyen (Hai Phong) and Cai Mep (Ba Ria-Vung Tau).

In addition, strive to 2050, to develop the synchronous and modern seaport system on a par with the region and the world, meeting green port criteria; the capacity of the seaport system will meet the demand for throughput of goods with an average growth rate of about 4.0 to 4.5%/year; the average growth of passengers is about 1.2 to 1.3%/year.

This Decision takes effect on the signing date.

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