Da Nang completes second-stage upgrading of Tien Sa port
The central city of Da Nang has officially put into operation the second stage of Tien Sa port after two years of construction, bringing its total capacity to 12 million tonnes of cargo per year.
A cargo ship docks at Da Nang's Tien Sa Port. (Photo: VNA)
Da Nang (VNS/VNA) - The central city ofDa Nang has officially put into operation the second stage of Tien Sa portafter two years of construction, bringing its total capacity to 12 milliontonnes of cargo per year.
General Director of Da Nang Port Joint StockCompany Nguyen Huu Sia said that the second stage at Tien Sa Port had cost morethan 1 trillion VND (44.2 million USD), of which 36 percent was funded by thecompany.
He said the second stage, which included twopiers, would allow access to 70,000DWT (deadweight tonnage) ships, 4,000TEU(twenty-foot equivalent units) container ships, and 150GT (gross tonnage)cruise ships.
Sia said the port was a key hub in central Vietnamand met international logistics standards in the region connecting theEast-West Economic Corridor that links Laos, Thailand, Myanmar and Vietnam.
According to the latest report, the Tien Sa port,10km from the city centre, handled four million tonnes of cargo in the firstsix months this year, a 6.14 percent increase in comparison with the sameperiod last year.
The port received on average 23 ships from 15shipping agencies per week. The expanded port will help build it into a leadinginternational commercial gateway in the ASEAN region by 2025.
The Tien Sa port upgrading is the city’s secondinvestment project which did not use official development assistance (ODA)funds after the Hoa Lien Water refused non-refundable ODA funds from Japan.
According to the Ministry of Transport, the city’sport system, including Tien Sa, Lien Chieu and Son Tra, would handle 29 milliontonnes of cargo by 2030.
The city and the port of Kawasaki in Japan havebeen planning to open a shipping route connecting the two ports.
The Tien Sa port will become a ‘valley’ oflogistics, warehouses, transport and digital customer clearance services,besides housing representative offices of shipping companies and banks.
The port has operated as a limited company underthe ownership of Vietnam National Shipping Lines (Vinalines) since 2008.-VNS/VNA
Da Nang port in central Da Nang city on December 15 handled the seven-millionth tonne of goods and the 300,000th container from cargo ship Willi which operates under the flag of Marshall Islands.
The central Da Nang city’s Investment and Development Fund has agreed to provide a 7.9 million USD loan to the Da Nang Port joint-stock company to upgrade and expand the Tien Sa Port.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.