Delegates were briefed on the Son Duong Deep-Water Port.
This is the Vung Ang Economic Zone (Ha Tinh Province).
On the afternoon of October 30, Mrs. Vieng Thoong Si Phan Don, Secretary of the Central Committee of the Lao People’s Revolutionary Party and Chief Justice of the Supreme People’s Court of the Lao PDR, along with her delegation, visited and worked at the Vung Ang Economic Zone.
The Lao delegation visited the Formosa Ha Tinh Steel Plant and the Son Duong Deep-Water Port, managed by Formosa Ha Tinh Steel Corporation. Formosa Ha Tinh comprises three main components: a fully integrated steel mill, the Son Duong Port, and a power plant, all constructed on an area of over 3,000 hectares. The total investment for this project is nearly $12.8 billion.
The steel plant produces over 6 million tons of steel annually, serving both domestic and export markets. It significantly contributes to the local budget and industrial development, providing stable employment for nearly 6,000 workers. Notably, from 2024 to September 2025, Formosa Ha Tinh Steel Corporation achieved a steel billet output of approximately 9.87 million tons, with 9.85 million tons sold, generating revenue of $5.71 billion.
Delegates were briefed at the Laos-Vietnam International Port.
During this visit, the high-level delegation from the Supreme People’s Court of the Lao PDR toured berths 1, 2, and 3 of the Laos-Vietnam International Port. Berth 1 has been operational since 2001, berth 2 since 2008, and berth 3 was inaugurated and commenced operations on April 28, 2025.
Berth 3, with an investment of over 1 trillion VND, has a 225-meter quay length, capable of handling 45,000-ton cargo ships, and an annual capacity of 2.15 million tons. Its operation enhances the infrastructure for socio-economic development in the region and strengthens ties between Vietnam and Laos.
A 40,000-ton cargo ship docks at berth 3 of the Laos-Vietnam International Port. Photo: Tien Phong
The operation of berth 3, alongside berths 1 and 2, will increase cargo throughput from 4.5 million tons/year to over 6.5 million tons/year, boosting the port’s attractiveness for investment. This will enhance import-export activities, transit cargo transportation, and trade cooperation with Laos and northeastern Thailand.
The Lao delegation poses for a group photo at the Formosa Ha Tinh Steel Plant and Son Duong Deep-Water Port.
The visit provided the Lao delegation with a firsthand look at the modern port system, its operational capacity, and its role in fostering economic and trade development between Vietnam and Laos. It also strengthened bilateral cooperation in port and logistics sectors.
The Lao delegation was particularly impressed by the modern, synchronized scale and large production capacity of the projects in the Vung Ang Economic Zone. They highly appreciated the effective cooperation between the two countries, especially the increased transit cargo volume from Laos following the operation of berth 3. The delegation expressed confidence that the Vung Ang Economic Zone will remain a vital bridge for economic and trade cooperation between Vietnam and Laos.
Vung Ang Economic Zone attracts over $19 billion in investment
The Vung Ang Economic Zone is attracting numerous projects with a total investment of over $19 billion. Photo: Tien Phong
Established in 1997, the Vung Ang Economic Zone is located in the southern part of Ha Tinh Province, covering nearly 22,800 hectares, based on the Vung Ang Industrial Park and Seaport.
Over the years, the Vung Ang Economic Zone has played a strategic role in attracting investment to Ha Tinh Province. As of September 2025, it has attracted 156 investment projects, including 56 FDI projects with a total investment of over $16 billion, and 100 domestic projects with a total investment of over 85 trillion VND (equivalent to $3.23 billion). Thus, the total investment in the Vung Ang Economic Zone exceeds $19 billion.
Enterprises in the Vung Ang Economic Zone contribute over 25% to the province’s annual GRDP growth, account for more than 95% of import-export turnover, and approximately 60% of total budget revenue. The zone also provides employment for over 20,000 workers.
According to the Management Board of Ha Tinh Economic Zones, key industrial products from the zone, such as steel (18%) and electricity (3%), significantly contribute to the national output.
(Photo: Cong Ly)
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