Official: Central Province to Host 100,000-Ton International Port Valued at $3.8 Billion, Handed Over to Vingroup

Ha Tinh Approves VND 8.8 Trillion Investment for Son Duong International Port

The People’s Committee of Ha Tinh Province has issued a decision approving the investment policy for the Son Duong International Port Project. Concurrently, Vinhomes Ha Tinh Industrial Park Investment Joint Stock Company (Vingroup) has been designated as the project’s investor. This is considered one of the most critical port infrastructure projects in the province for the 2025–2030 period, laying the foundation for Ha Tinh’s breakthrough in logistics and heavy industry.

According to the approved decision, the project has an estimated total investment of VND 8.866 trillion, located in Vung Ang Ward with a land area of over 123.5 hectares. This includes 36.53 hectares for port construction, 81.36 hectares of sea area, and 5.62 hectares for connecting road infrastructure. This land allocation is crucial for developing a modern, integrated port infrastructure within the southern key economic zone of Ha Tinh Province.

The project will construct three berths with a total length of 1,050 meters, capable of accommodating general cargo and container ships with a capacity of up to 100,000 tons. In addition to the berths, the project includes warehousing systems, technical infrastructure for operations, ship berthing areas, maritime channel connections, and turning basins.

The designed capacity ranges from 9.04 to 11.3 million tons annually, meeting the growing demand for cargo handling, storage, and transportation in the region.

Upon completion, Son Duong International Port will provide cargo handling, transportation, and storage services for both general and containerized goods in Ha Tinh Province and its surrounding areas. The project has a 70-year operational period, starting from the date the investor is allocated or leases the land as per legal regulations.

Aligned with development goals, Son Duong Port will not only facilitate intra-provincial trade but also support import-export activities for key industrial zones and businesses across the Central region.

The project will also serve as a maritime connectivity hub linking domestic and international markets, including the Lao People’s Democratic Republic, through the robustly invested inter-regional transportation network. With its strategic location and integrated infrastructure, the project is expected to become a new growth driver, contributing to the socio-economic development of Ha Tinh and the entire Central region.

The investor plans to complete all construction and commence operations by Q2/2028. To ensure timely progress, the Ha Tinh Provincial People’s Committee has tasked the Department of Finance with guiding the investor in finalizing documentation, monitoring, and promptly addressing any challenges during implementation. Relevant departments are required to collaborate closely to ensure compliance with legal regulations.

A Pivotal Port Infrastructure Project Propelling Ha Tinh’s Growth

Son Duong Port plays a vital role in Ha Tinh’s maritime economic development strategy. Once completed, it will become one of the most modern deep-water ports in the North Central Coast region.

With the capacity to handle ships up to 100,000 tons and an annual throughput of tens of millions of tons, the port opens significant opportunities for Ha Tinh to establish an integrated industrial-logistics chain. This will substantially reduce transportation costs and enhance the province’s attractiveness to investors.

Owning a large-scale port eliminates Ha Tinh’s reliance on neighboring provinces’ port systems, while enabling local businesses to enhance their competitiveness in import-export activities.

The presence of Son Duong Port also significantly boosts the development of the Vung Ang Economic Zone, one of the country’s eight key economic zones. With the port’s modern berths, warehouses, and technical infrastructure, Vung Ang becomes an ideal destination for heavy industries such as steel, thermal power, manufacturing, and petrochemicals.

These industries require large-scale port infrastructure for raw material imports and product exports. Son Duong Port is the critical foundation enabling Vung Ang to emerge as a new economic growth pole, significantly contributing to Ha Tinh’s GRDP.

The investment, expansion, and operation of Son Duong Port will also drive urban and transportation infrastructure development in the Vung Ang – Ky Anh area. As cargo transportation demand increases, road networks, coastal routes, warehousing, and logistics services will also expand.

This will accelerate urbanization, fostering new residential, commercial, and service areas, and significantly transforming the socio-economic landscape of southern Ha Tinh. The demand for labor in port and industrial activities will generate thousands of new jobs, improving the livelihoods of local residents.

Additionally, revenue from import-export activities, logistics services, corporate taxes, and land leases within the port area will significantly increase once the port becomes fully operational. This revenue will be reinvested in healthcare, education, social infrastructure, and welfare programs.

Strategically, Son Duong Port will solidify Ha Tinh’s position on the national maritime economic map, serving as a modern cargo transshipment and port services hub in the North Central Coast region, aligned with the maritime economic development strategy by 2045.