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Can Gio coastline with a rock groyne and vessels anchored offshore towards Vung Tau

Ho Chi Minh City approves investors for the Cần Giờ international transshipment port, worth almost VND 129 trillion

  • Author: C.A.S Logistics
  • 2 min read

The Cần Giờ international transshipment port has been surveyed and studied by Ho Chi Minh City, Saigon Port and the carrier MSC since around 2020, with the aim of creating an international-scale container transshipment hub. On 16 January 2025, Deputy Prime Minister Trần Hồng Hà signed Decision 148/QĐ-TTg approving the investment policy for the project at Gò Con Chó islet (Cần Giờ), on about 571 ha and with investment of no less than VND 50,000 billion, according to VnEconomy on 21 January 2025.

Key points

  • Investor approval: According to VnEconomy on 14 April 2026, the HCMC People’s Committee issued a decision approving as investor the consortium of Vietnam Maritime Corporation (VIMC), Saigon Port JSC and Terminal Investment Limited Holding S.A. (TiL), part of the MSC group.
  • Handover on 29 April 2026: According to Báo Đầu tư and Tuổi Trẻ, on the morning of 29 April 2026 at the Bến Nhà Rồng venue, HCMC People’s Council Chairman Võ Văn Minh handed the decision to the consortium, as part of events marking the 51st anniversary of the liberation of the South.
  • Investment: About VND 128,873 billion (about USD 4.99 billion). Investor equity is about VND 19,331 billion (15% of the total): TiL 49%, VIMC 36%, Saigon Port 15%.
  • Scale: About 7.5 km of main quay; capacity of about 4.8 million TEU by 2030 and 16.9 million TEU by 2047; about 13 berths by 2050; ships of up to 250,000 tonnes.
  • Timeline and conditions: At least 2 berths completed by 2030; the whole project completed within 20 years of handover of land and water areas; a 50-year operating term. The consortium may not transfer the project in the first 10 years and must disburse at least VND 50,000 billion in that period.

The sources above do not give a specific construction start date.

Impact on importers and exporters

Part of Vietnam’s container cargo is currently transshipped through regional hub ports before continuing to its destination. According to the project’s goals, a transshipment port co-invested by a major carrier could bring some of that activity back to Vietnam. This is a long-term prospect; the plan foresees only a few berths before 2030.

What businesses should do

  • Watch for the next official milestones: approval of the feasibility study, start of construction and the first berth going into operation.
  • Do not change current shipping plans based on this project yet; keep using Cái Mép – Thị Vải and Cát Lái services according to actual schedules.
  • Companies considering warehouses in the wider HCMC area should include Cần Giờ connections in long-term analysis.

Sources

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