“Super port” Can Gio hoped to enhance Vietnam’s maritime competitiveness
As a key player in Vietnam’s maritime sector, the Vietnam Maritime Corporation (VIMC) aims to leverage its port-maritime-logistics ecosystem to drive sustainable growth and elevate the nation’s standing on the global maritime map.
Hanoi (VNA)🐎 - As a key player in Vietnam’s maritime sector, the Vietnam Maritime Corporation (VIMC) aims to leverage its port-maritime-logistics ecosystem to drive sustainable growth and elevate the nation’s standing on the global maritime map.
With ambitious plans for 2025, including the development of the Can Gio International Transshipment Port, VIMC is charting a course toward greater competitiveness and global integration.
Profit nearing 4,940 billion VND
Port and maritime transport remain the core pillars of VIMC’s business activities. (Photo: VietnamPlus)
At the 2025 Business Operations Conference on 6 January, Nguyen Canh Tinh, CEO of VIMC, announced the corporation’s remarkable achievements over the past year. Total cargo throughput across VIMC ports surpassed 145 million tonnes, a 27% increase compared to 2023, while maritime transport volumes reached nearly 20 million tonnes, exceeding the annual target by 22%.
In 2024, VIMC’s revenues reached 24,813 billion VND (977 million USD), bringing a profit of 4,940 billion VND (195 million USD) to the company. The figures increased by 135% and 128% compared to the set plans, respectively, Tinh said.
This success was partly driven by the corporation’s robust international partnerships, including the launch of 10 new container shipping routes connecting Vietnam with Europe. Additionally, VIMC’s port network served all the world’s top 10 shipping lines.
As part of its collaboration with MSC Group, VIMC established a joint venture to operate berths 3 and 4 at the Hai Phong International Gateway Port project in Lach Huyen port.
VIMC is also advancing preparations for the Can Gio International Transshipment Port project, which is expected to transform Ho Chi Minh City into a global transshipment hub. This project aims to attract major shipping lines, logistics enterprises, and cargo owners, positioning Vietnam as a strategic player in the global maritime supply chain.
Overcoming challenges to reach global heights
CEO of VIMC Nguyen Canh Tinh reveals that his corporation has exceeded its 2024 production and profits targets. (Photo: VietnamPlus)
Highlighting 2025 as a crucial year for growth and transformation, VIMC is committed to accelerating its development efforts while focusing on its core activities in port operations, maritime transport, and logistics.
The corporation aims to commence operations at berths 3 and 4 in Lach Huyen by Q1 2025. Simultaneously, it is investing in the Can Gio International Transshipment Port, which, alongside the Cai Mep-Thi Vai port cluster, is expected to enhance Vietnam’s regional competitiveness. These initiatives could boost Vietnam’s annual cargo throughput to exceed Singapore’s current 37 million TEUs (compared to Vietnam’s 30 million TEUs in 2024).
“This is VIMC’s mission to elevate Vietnam’s maritime sector on the global stage. We are committed to integrating port ecosystems, modernizing services, and aligning with global trends,” Tinh stated.
As VIMC celebrates its 30th founding anniversary in 2025, the corporation is resolute in its mission to “overcome waves and reach distant horizons,” with collective efforts, innovation, and determination driving its success./.
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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.
