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Friday, November 21, 2025

Vingroup to develop VND8.8-trillion international port in Ha Tinh

The Saigon Times

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HCMC – Vinhomes Ha Tinh Industrial Park Investment JSC, a Vingroup subsidiary, has received approval to build the Son Duong International Port in Vung Ang Ward, Ha Tinh Province.

The project, endorsed by the Ha Tinh Department of Finance on November 21, will cover more than 123 hectares. It includes a 36-hectare port area, 81 hectares of water surface, and a 5.6-hectare road system linking the port to surrounding infrastructure.

With an investment of over VND8.8 trillion, the port will feature three berths stretching a combined 1,050 meters. It is designed to handle general cargo and container vessels of up to 100,000 tons. The development plan also includes warehouses, logistics infrastructure, mooring areas, navigation channels, and a turning basin, with an annual handling capacity projected at 9.4–11.3 million tons.

The port is expected to serve cargo handling, transportation, and storage needs in Ha Tinh and neighboring regions. The investment license grants a 70-year operational period from the date the developer receives the land.

Construction is scheduled to begin in 2026, with operations slated for the second quarter of 2028.

The project is anticipated to complete the Son Duong deep-water port complex, which plays a key role in logistics and industrial development in Ha Tinh and the wider north-central region. The facility is positioned to support regional industries, connect to the East–West economic corridor, and enhance import–export flows for nearby provinces and Laos.

Local authorities said the project would help attract new investment and spur socio-economic growth. The province has tasked its finance department with guiding the investor through administrative procedures, while Vung Ang Ward will oversee compensation, resettlement, and land clearance.

Vingroup has expanded its presence in Ha Tinh in recent years. In late 2021, it launched the VinES electric vehicle battery plant in the Vung Ang Economic Zone. In June this year, the group inaugurated the 360,000-square-meter VinFast Ha Tinh factory after seven months of construction.

As of the third quarter, Ha Tinh had attracted 28 new investment projects, including three foreign-invested projects valued at more than US$14.4 million. Domestic project numbers rose 1.5 times year-on-year, with total registered capital seven times higher than the same period last year.

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