Start construction of Haiphong International Gateway Port

On the morning of April 14th, Component A of Haiphong International Gateway Port project was kicked off by Prime Minister Nguyen Tan Dung in Cat Hai District, Haiphong City. According to the master plan, Haiphong International Gateway Port will be built along the existing channel in the South of Lach Huyen estuary, with the total berth length of around 8,000m and the total route length of about 18km. Haiphong International Gateway Port will be developed with a modern and comprehensive infrastructure and handling technology for receiving container ships of 4,000-6,000 TEU, and up to 8,000 TEU in subsequent phases of the project. The project which includes 2 components has total investment of about 1.2 billion USD, being funded by Japanese's ODA and state budget, and implemented under PPP form. Component A's scope covers the building of port infrastructure on the whole route, such as: shipping passages, roadsteads, a 3,230-meter-long breakwater with the crest elevation of +6.5 CD, a … [Read more...]

Vietnam, Japan agree to promote strategic partnership

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Vietnam and Japan will work within the framework of their strategic partnership for peace and prosperity in Asia. The agreement was reached during the October 31 talks between Vietnamese Prime Minister Nguyen Tan Dung and his Japanese counterpart, Yoshihiko Noda in Tokyo, Japan. During the talks, both PMs expressed their pleasure at the developments in bilateral economic relationship. They underlined the importance of maintaining high ranking visits between the two countries as well as dialogues at all levels, especially the effective operations of the Vietnam-Japan Cooperation Committee. They agreed to double two-way trade by 2020 and boost cooperation in culture, education, science and technology, and people-to-people exchanges. They also agreed to select 2013 as the "Vietnam-Japan Friendship Year", to celebrate the 40th anniversary of their diplomatic ties. PM Noda reaffirmed Japan's support for Vietnam's socio-economic development, saying that Japan will consider … [Read more...]

Vietnam Calling for US$61 Bln for 163 Industrial, Construction Projects by 2010

The government of Vietnam is calling for US$61 billion from foreign and private investments for the 163 infrastructure projects from now till 2010 in a bid to maintain the set economic growth targets, state media reported on November 21.

The government will use US$53 billion to develop 109 industrial and construction projects, US$7.8 billion for tourism and service projects and the balance for six agro-forestry and fisheries projects, Vneconomy said. Vietnam is trying its best to lay a red carpet for foreign and private investors in a bid to diversify investment sources for its infrastructure area in addition to State budget and ODA loans, Deputy Minster of Planning and Investment Nguyen Bich Dat noted. Private and foreign investments remain at the limited level. Currently, domestic private investors have invested to build 60 infrastructure projects under build-operate-transfer, build-transfer modes, whilst foreign investors 18 power, telecom and water projects, Dat emphasized. Phan Huu Thang, Head of MPI's Overseas Investment Department said investments for infrastructure development become an urgent issue, which will need a huge sum. The key projects include US$5 billion oil refinery of Nghi Son in Thanh Hoa … [Read more...]

To cooperate with investor in implementing Haiphong int’l gateway port

On 29th June morning, Chairman of Haiphong People's Committee Duong Anh Dien held talks with Mr. Koma Koji, General Director of Haiphong International Container Terminal Co., Ltd (HPCT) on the construction of Haiphong international gateway port in Lach Huyen. HPCT is a joint venture between Vinalines and a Japanese partner to construct the first 2 terminals under this project. Chairman Duong Anh Dien said that, Haiphong city is currently doing the best to speed up resettlement progress of the project. The Haiphong international gateway port project plays a significant role in the development of Haiphong's port economy. During the economic recession, total volume of goods through Haiphong ports has still kept on increasing 17.25% in the first half of 2012. Mr. Koma Koji appreciated Haiphong city leaders for creating favorable conditions for the company to carry out the project of constructing Haiphong international gateway port in Lach Huyen. He said, after many years researching on … [Read more...]

Cargo throughput hit more than 15 million tons

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As reported by Haiphong People's Committee, the total cargo throughput of the city in the first quarter of the year reached 15.48 million tons, making an increase of 14.25% over the same period last year and fulfilling23.82% of the year’s plan. Hai Phong Port JSC., topped the list with the cargo throughput of 5.33 million tons, and the remaining belonged to other private ports. Mr Nguyen Hung Viet, General Director of Haiphong Port JSC., said, as a major port in the seaport system in the North, Haiphong Port has continuously improved service quality, renovated procedures, created favorable conditions to meet the demands of customers; generated stable jobs and improved working conditions and income for cadres and employees. In order to strengthen the port management and logistics services, in the mid January 2015, Hai Phong Port in collaboration with the German Co-operation Development Agency (GIZ) held a training course on seaport management and logistics which focused on … [Read more...]

Rent-A-Port Strengthens Competitive Edge in Northern Vietnam

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"Falling back on the rich in-house experience in port-related developments, Rent-A-Port and its partners have successfully developed Dinh Vu Industrial Zone in the north of Vietnam," said Mr Frank Wouters, General Director of the Dinh Vu Industrial Zone Joint Stock Company, Representative of Rent-A-Port in Vietnam. Le Hien reports.Can you please share the success of the Dinh Vu Industrial Zone (DVIZ)?DVIZ is developed by an international consortium between foreign partners consisting of Rent-A-Port, InfraAsia Investment and InfraAsia Project Management and Consulting Company and local government (Haiphong People’s Committee), of which Rent-A-Port plays as the biggest shareholder. Rent-A-Port is the Belgian company who specialized in the development of marine infrastructures and industrial zones. Falling back on the rich in-house experience in port-related developments, Rent-A-Port and its partners have successfully developed DVIZ in the north of Vietnam. It has attracted more … [Read more...]

Japanese Embassy will continue supporting Haiphong’s ODA projects

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On the afternoon of 11 November, Mr. Duong Anh Dien, Chairman of Haiphong People’s Committee received and worked with Mr. Nagai Katsuro - Envoy, Head of the Economic Board of the Japanese Embassy in Vietnam on ODA projects and Haiphong International Gateway Port. Mr Nagai Katsuro expressed his honor to the reception of Haiphong People’s Committee Chairman. He stated that he has taken over the mission at the Embassy for 2 months and this is his first visit in Haiphong. He was so glad to know that Haiphong has attracted many Japanese investment projects, including leading corporations. He believed that more and more Japanese companies will make investment in Haiphong in the future. The increasing inflow of Japanese investment in Haiphong is resulted from the determination of Japanese businesses and the great support of the city government, especially in infrastructure, the improvement of investment climate and services. Mr Katsuro Nagai asserted that Japan will continue … [Read more...]

Haiphong to boost ties with Oman in transport

On September 25th afternoon, Mr. Nguyen Van Thanh, Member of the Party's Central Committee, Secretary of Haiphong's Party Committee cum Chairman of Haiphong People's Council received Mr. Ahmed Al-Futaisi, Minister of Transport and Communications of the Sultanate of Oman cum Chairman of the Port of Duqm Company (a joint-venture between the Consortium Antwerp Port - Belgium and the Omani Government) who was visiting Haiphong to study the city's cooperation capability in port development. Also joining the reception were Mr. Do TrungThoai, Vice Chairman of Haiphong People's Committee and leaders of relevant departments of Haiphong City. In the cordial and open atmosphere, Mr. Thanh briefly introduced the city history and potentials of Haiphong's port economic development, i.e., one of the two main gates to the sea of Vietnam, and a locality in the "two corridors, one belt" of Vietnam - China economic cooperation. However, Haiphong does not have a large scale seaport and still lack of … [Read more...]

To create favorable conditions for Haiphong to further attract Japanese investment

Mr. Nguyen Van Thanh, Member of the Party's Central Committee, Secretary of Haiphong's Party Committee cum Chairman of Haiphong People's Council recently received Mr. YasuakiTanizaki, Ambassador of Japan to Vietnam on the occasion of ending his diplomatic term. Japanese Ambassador affirmed, during the past 3 years, Japanese enterprises have invested more and more in Vietnam. Haiphong has many projects which are considered as symbols of Vietnam - Japan cooperation; these projects are being operated fruitfully. He appreciated Haiphong's support to Japanese enterprises and emphasized Haiphong would be the focus of Japanese investment. Japanese and Vietnamese economies are mutually supplementary. He expected Haiphong leaders would keep cooperating closely with Japanese enterprises and Japanese Embassy, and continuously show interest and create favorable conditions for Japanese enterprises to invest in the city. Mr. Thanh asserted that Haiphong people always respect and appreciate … [Read more...]

Workshop on development of logistics services for Haiphong Int’l Gateway Port

Vietnam Maritime Administration (VMA) and Japan International Cooperation Agency (JICA) recently organized a workshop on development of logistics services for Haiphong International Gateway Port in LachHuyen. At the workshop, VMA and JICA introduced the LachHuyen Port project - one of the key and essential transport infrastructure development projects up to 2020 which had been approved by the Prime Minister, and simultaneously emphasized the potential and advantages of Haiphong City in developing a synchronous seaport system with many logistics service providers of Northern provinces headquarter. … [Read more...]

LG Electronics leader visits Haiphong

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On May 2nd morning, Chairman of Haiphong People's Committee Duong Anh Dien received LG Corp delegation, led by Mr. Koo Bon Jun - Vice Chairman cum CEO of LG Electronics (LGE), and discussed on the cooperation opportunity and LGE's investment capability in Haiphong. Joining the reception were Vice Chairmans of Haiphong People's Committee Dan Duc Hiep and Le Van Thanh, and leaders of relevant departments of the city. Also, Chairman Dien briefed information about the Haiphong-based Korean enterprises' operation, i.e., Korea is one of the countries having biggest investment in Haiphong; Korean companies operate effectively and contribute remarkably to Haiphong's socio-economic development. Haiphong has been making best endeavors to improve the city's infrastructure, including road system, seaport and airport, etc. The city recently started 2 major projects, i.e., Cat Bi International Airport and Haiphong International Gateway Port in Lach Huyen, which undoubtedly would create … [Read more...]

Tan Vu – Lach Huyen Expressway Project starts

Tan Vu - Lach Huyen Expressway Project starts According to the contract, the Japanese contractors will consult, supervise and support the bidding for Tan Vu - Lach Huyen Expressway Project within 65 months from April 8th. Using Japanese ODA fund of over US$568 million, Tan Vu - Lach Huyen Expressway Project is planned to start in early third quarter of 2013. Once completed, the new six-lane expressway with the total length of 15.63km, including 5.44km Dinh Vu overpass, will connect Hanoi - Haiphong Highway and Haiphong International Gateway Port. … [Read more...]

Haiphong – Netherlands ties constantly develop

On the occasion of the 40th Anniversary of diplomatic relations between Vietnam and the Netherlands, a Dutch enterprise delegation, led by Ambassador of the Netherlands to Vietnam Joop Scheffers, visited Haiphong to learn about opportunity to cooperate and invest in the maritime industry and infrastructure development of the city. Vice Chairman of Haiphong People's Committee Le Van Thanh received and worked with the delegation. Also participating in the business roadshow are representatives of the relevant departments of the city. At present, Haiphong has 09 Dutch projects in various areas, including: education and training, maritime, ship design and manufacturing, healthcare, agriculture, etc. with the total capital investment up to hundreds million USD. At the roadshow, Vice Chairman Le Van Thanh affirmed the constant development of Haiphong - Netherlands cooperation which has been recently fueled by Haiphong senior official delegations' visits to the Netherlands to learn about … [Read more...]

Haiphong city to develop toward 3 strategic directions

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Haiphong city to develop toward 3 strategic directions Some other significant infrastructure projects are also in progress of construction, including Hanoi – Haiphong Expressway, Tan Vu – Lach Huyen Highway, Haiphong International Gateway Port… Haiphong urban view has been changed; the urban scale, technical infrastructure and social infrastructure have been step by step improved. In the coming time, Haiphong will carry out urban development toward 3 directions as follows: First direction is to develop toward Dinh Vu – Cat Hai in order to create a turning-point in development of seaport, logistic services, industry and tourism. Second direction is to develop township along Cam river banks along with the city’s political and administrative center in order to comprehensively improve the urban view which represents Haiphong urban characteristics. Third direction is to develop township along Lach Tray river banks and in Do Son in order to make a watershed in shaping view … [Read more...]

Hyogo enterprise delegation learns about Haiphong investment environment

On 10th November evening, Chairman of Haiphong People’s Committee Duong Anh Dien received and held talks with the delegation of Hyogo prefecture enterprises (Japan) headed by Mr. Tatsuo Ikeda, Chairman of Hyogo Industry Association who visited Haiphong to learn about investment environment of the city. Also attending the reception were Ambassador – Consul General of Vietnam to Osaka Le QuocThinh, representatives of Haiphong relevant departments and enterprises. Chairman Duong AnhDien welcomed Hyogo enterprise delegation to Haiphong and expressed his deep impression on the development of Japan in general and Kansai region in particular which includes Hyogo prefecture. He affirmed that the capital source from Japanese enterprises and ODA had made great contribution to Haiphong development in recent years. He also briefed information of the city’s FDI attraction, especially that from Japan. Haiphong always considered Japan as the most significant partner in trade and economic … [Read more...]

Master Plan to develop Dinh Vu – Cat Hai EZ

Master Plan to develop Dinh Vu – Cat Hai EZ The Prime Minister recently approved the Master Plan for construction of Dinh Vu – Cat Hai Economic Zone, Haiphong city up to 2025 with total planned area of 22,140 ha. Dinh Vu – Cat Hai Economic Zone is a general economic zone which functions to serve the socio-economic development of Haiphong city and the Northern coastal area. The economic zone is identified as a multifunctional and multisectoral marine economic centers of the Northern coastal area and the whole country, focusing on developing marine economy (of which port service development takes the core) andbeing an industrial, financial service, banking, tourism and trade center. Dinh Vu – Cat Hai Economic Zone includes communes in Ben Rung area of Thuy Nguyen district (i.e., Trung Ha, ThuyTrieu, An Lu, Ngu Lao, Phuc Le, Pha Le, Lap Le and Tam Hung communes, anda part of Tan Duong, Thuy Son, Duong Quan and Thuy Duong communes within the planned boundary of VSIP HaiPhong … [Read more...]

To cooperate with investor in implementing Haiphong int’l gateway port

On 29th June morning, Chairman of Haiphong People's Committee Duong Anh Dien held talks with Mr. Koma Koji, General Director of Haiphong International Container Terminal Co., Ltd (HPCT) on the construction of Haiphong international gateway port in Lach Huyen. HPCT is a joint venture between Vinalines and a Japanese partner to construct the first 2 terminals under this project. Chairman Duong Anh Dien said that, Haiphong city is currently doing the best to speed up resettlement progress of the project. The Haiphong international gateway port project plays a significant role in the development of Haiphong's port economy. During the economic recession, total volume of goods through Haiphong ports has still kept on increasing 17.25% in the first half of 2012. Mr. Koma Koji appreciated Haiphong city leaders for creating favorable conditions for the company to carry out the project of constructing Haiphong international gateway port in Lach Huyen. He said, after many years researching on … [Read more...]

FDI attraction to Haiphong: Japanese investment waves increase

Under the perspective of the world, regional and domestic economies facing difficulties and FDI attraction decreasing, Hai Phong has emerged as an ideal destination for Japanese investors. From the second half of last year up to now, the investment waves from Japan toward the Flamboyant City have drastically increased. The leading choice Haiphong Economic Zone Authority (HEZA) recently issued investment certificate to a Japanese enterprise, namely Nipro Pharma Vietnam Co., Ltd., with total registered capital of USD 250 million investing in VSIP Hai Phong Integrated Township and Industrial Park to produce pharmaceutical products and medical equipment for export. Two months before, a project to produce high quality tires for automobile cars and airplanes of Bridgestone Corporation (also from Japan) had been issued investment certificate with total registered capital of USD 575 million for operating in Dinh Vu Industrial Zone. A series of other big projects with invested capital of … [Read more...]

Capital for Japan-funded Port Likely to Rise 3.6 Times to VND17.16T

Investments for the part A of Haiphong international gateway port which funded by Japan is likely to rise 3.6 times to VND17.16 trillion compared to the initial cost of VND4.66 trillion. Of the sum, the Japan International Cooperation Agency (JICA) pledged VND14.67 trillion ($929.02 million) for the part. The hike of capital is attributed to adjustment of ship size designed for container wharf, length and width of ship passages and other facilities. The part B of the seaport project which is estimated to cost VND3 trillion will be built under the public-private partnership (PPP) form. The seaport is Vietnam's second infrastructure project to use the model after the construction of the Dau Giay-Phan Thiet expressway, which cost VND14.3 trillion. Once operational, the port is expected to handle 50,000 DWT ships instead of 30,000 DWT ships as designed. (Investment) … [Read more...]