Seaports in Vietnam are expected to receive a huge amount of foreign capital in the time to come as some leading maritime corporations have stated they want to join hands with domestic companies to develop super-ports in Vietnam.

With a series of seaport infrastructure projects being implemented in the Southern Key Economic Zone, the seaport industry is promising in attracting more foreign investment.

Vietnam’s seaport throughput nearly doubled between 2015 and 2022, averaging 8.4%, said the Vietnam Maritime Administration (VMA).

A downturn in exports may prompt the private sector to reevaluate its investment plans in the nation’s seaports, which are estimated to require over $13 billion by 2030.

Vietnamese shipping organisations’ proposal to raise charges for container loading and unloading services at seaports, if becomes true, will not affect exporters and importers.

While complex global developments are affecting the performance of seaports, action is needed to ensure growth momentum.

The seaport industry is expected to continue to grow strongly this year thanks to active import and export activities and the fact that Vietnam remains an attractive destination for FDI inflows.