Master plan for Vietnam's seaports 2021-2030 released

by VTV408 October 2021 Last updated at 15:00 PM

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Illustrative image

VTV.vn - The Ministry of Transport has just announced a master plan approved by the PM on the development of Viet Nam's seaport system in the 2021-2030 period, with a vision towards 2050.

Specifically, the system comprises five groups of 36 seaports, of which Hai Phong and Ba Ria-Vung Tau seaports are considered special seaports. The seaport system will serve socio-economic development, national defense, security, maritime safety, and environmental protection.

The master plan aims to double the volume of goods flowing through the seaport system by 2030 compared to 2020. Viet Nam needs to seek about VND 313 trillion (12.8 billion USD) in investment to modernize the seaport system, 95% of which will come from outside the state budget.

Meanwhile, capital from the state budget will be spent on developing public infrastructure and other key areas to attract further investment.

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