At a press conference addressing socio-economic issues, the Ho Chi Minh City Department of Finance announced that the Can Gio International Transshipment Port project is listed among the prioritized sectors and industries for attracting strategic investors to the city, as per Resolution No. 98/2023/QH15.
To date, the project has been approved by the Prime Minister for adjustments to the master plan for the development of Vietnam’s seaport system for the period 2021-2030, with a vision to 2050. This includes the addition of the Can Gio International Transshipment Port to the planning framework.
Additionally, Ho Chi Minh City has updated this project in its planning scheme for the period 2021-2030, with a vision to 2050, and adjusted the city’s general plan to 2040, with a vision to 2060.
Rendering of the Can Gio International Transshipment Port project.
Regarding the approval of the investment policy for the Can Gio International Transshipment Port project, the Prime Minister issued Decision No. 148/QĐ-TTg on January 16, 2025, approving the investment policy for the project.
Currently, the Ho Chi Minh City People’s Committee has issued an implementation plan for the Can Gio International Transshipment Port project, assigning relevant agencies to expedite the preparation of necessary information and organize the selection of investors to implement the project in accordance with regulations.
Accordingly, after completing the required information and conditions for selecting investors as per Decision No. 148/QĐ-TTg dated January 16, 2025, the Department of Finance will announce project information, preliminary requirements for investor capacity and experience, and criteria for identifying strategic investors on the National Bidding Network as a basis for selecting project investors.
Simultaneously, the People’s Committee is reviewing new provisions in Decree No. 225/2025/NĐ-CP dated August 15, 2025, issued by the Government (amending and supplementing certain articles of decrees detailing the implementation of the Bidding Law regarding investor selection) to consider and select the appropriate method for choosing project investors.
According to the plan, the Can Gio Port project covers an area of approximately 571 hectares. The investment capital is determined based on project implementation proposals and the feasibility study for the Can Gio International Transshipment Port, with a minimum of VND 50,000 billion.
The Can Gio Port project is proposed for investment and implementation by a consortium comprising Saigon Port Joint Stock Company, Terminal Investment Limited Holding S.A, and TIL.
Researchers estimate that the port will handle approximately 2.1 million TEU (1 TEU equals 1 20-foot container) in its first year of operation. After seven investment phases, the Can Gio International Transshipment Port is projected to process 16.9 million TEU by 2047—half of Singapore’s current volume. The port is expected to contribute VND 34,000–40,000 billion annually to the budget once operating at full capacity.
Experts anticipate that the Can Gio Port will become a strategic “gold mine,” opening doors for Saigon Port to expand into international waters. This project not only strengthens Ho Chi Minh City’s position but also elevates its status, reinforcing its role as a leading logistics hub in the region and Asia, rivaling major players like Hong Kong (China) and Singapore.
Previously, during a meeting in June, the Prime Minister specifically urged Ho Chi Minh City to expedite the implementation of the Can Gio International Transshipment Port project, emphasizing its strategic importance.
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