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Vietnam needs over 13 bln USD for seaport development by 2030

Source: Xinhua

Editor: huaxia

2025-08-18 19:20:45

HANOI, Aug. 18 (Xinhua) -- Vietnam will require more than 359 trillion Vietnamese dong (around 13.6 billion U.S. dollars) to develop its seaport system by 2030, according to the latest plan issued by the Ministry of Construction.

Under the plan, public maritime infrastructure will need about 72.8 trillion dong (2.7 billion dollars), while ports providing cargo handling services will require some 286.7 trillion dong (around 10.9 billion dollars), Vietnam News Agency reported Monday.

The total land demand for seaports nationwide by 2030 is projected at around 34,000 hectares, including 17,500 hectares for seaports and the remainder for industrial parks and logistics facilities linked to ports, the report said.