Located in Nam Dinh Vu industrial park in the northern port city of Hai Phong, it is the seventh port operated by Gemadept Corporation, a leading Vietnamese firm in port operation and logistics.

Costing a total of VND6 trillion (US$257.95 million), the 65-ha port will ultimately have 1,500m of wharf and will be capable of accommodating vessels of up to 40,000 tonnes.

After the first stage, built with an investment of VND1.7 trillion, the facility now has a 450m-long wharf and can handle 500,000 TEU per year.

The second stage of the project is expected to begin in the third quarter this year. By 2020, it will become the largest deep-water port in Dinh Vu, Hai Phong.

General Director of Gemadept Vietnam Do Van Minh said the volume of containers handled via ports in Hai Phong has grown by 15 per cent annually over the past five years. It is forecast to reach 100 million tonnes of cargo this year.

Therefore, the construction of Nam Dinh Vu port and Lach Huyen international port in Hai Phong will ease pressure on inland ports and traffic and improve the capacity of cargo handling.

Nam Dinh Vu is the nearest to the sea compared to other ports in Hai Phong. It is easily accessible with links to the Ha Noi – Hai Phong and Hai Phong – Ha Long expressways, making it an ideal transit link in the global logistics chain.