Dubai-based port operator vows to expand business in HCM City
Dubai Port World (DP World) will continue developing the Saigon Premier Container Terminal Port (SPCT) in Ho Chi Minh City, said Rashid Abdulla, Senior Vice President of Asia Pacific DP World.
DP World, Dubai-based port operator vows to expand business in HCM City. (Photo: VNA)
Dubai Port World (DP World) will continue developing the Saigon Premier Container Terminal Port (SPCT) in Ho Chi Minh City, said Rashid Abdulla, Senior Vice President of Asia Pacific DP World and SPCT President.
He made his remarks at a meeting with Tat Thanh Cang, Vice Chairman of the Ho Chi Minh City People’s Committee on October 27 to learn about the City’s infrastructure plan in the coming time.
Abdulla hoped that local authority will pay more attention to Soai Rap River dredging and upgrading projects, enabling cargos to move in and out the Hiep Phuoc commune-based port more efficiently.
For his part, Vice Chairman Cang unveiled that the construction of Hiep Phuoc port urban area and roads that facilitate goods transport from South-eastern to South-western regions are underway.
Besides, the City is studying the feasibility of developing ports in the South-eastern region, he said.
The municipal leader pledged to offer the SPCT favourable conditions to expand its business and suggested the firm to evaluate cargo transportation demand by foreign corporations in Ho Chi Minh City.
During the meeting, DP World was also introduced to several other local infrastructure projects that are awaiting investment, including beltway, elevated highway and urban railway projects.
DP World is a company which owns ports around the world. It has a poဣrtfolio of𝐆 more than 65 marine terminals across six continents, including new developments in India, Africa, Europe and the Middle East.-VNA
A wharf capable of serving 30,000 DWT vessels was put into service at Go Dau Port in the southern province of Dong Nai on September 23 after one year of construction.
Central Thua Thien-Hue province broke ground on Chan May Port’s wharf No. 3 on September 26, which is expected to be capable of handling ships with a loading capacity of up to 50,000 DWT.
The volume of cargo handled through seaports across the country increased from 152 million tonnes in 2010 to 201 million tonnes in 2014, according to the Vietnam Seaports Association (VSA).
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.