Vietnam Port System: More Investment Needed

4:56:23 PM | 6/23/2009

According to the statistics of Vietnam Marine Administration, in 2008 the number of goods trading through the port system was roughly 196. 58 tonnes; the number of container goods reached 5,023 million TEU. However, up to this moment, Vietnam still lacks important infrastructure projects, especially in electricity, sea port, and on-ground infrastructure like roads and bridges. Also according to economic specialists, if this situation is delayed longer, the problem will affect more significantly the capitalization of FDI to important economic regions of southern Vietnam
 
Infrastructure hasn’t come up with the requirements
Many potential American investors have shared their views: the problem of lacking infrastructure and supporting services in Vietnam. To solve the problem, Vietnam needs to continue developing infrastructure, especially the harbor system and roads linking seaports with industrial regions. This will improve the competitive edge of Vietnam and attract more foreign investments. According to the EuroCham in Vietnam, the need of container transporting is rising, creating difficulty for landing place ability for the harbour system of Vietnam. This problem will limit investment in the future if is not solved properly. Moreover, up to this moment, supporting projects for container landing place like deep water flows and road network linking to seaports haven’t been invested fully.
 
The American Chamber of Commerce also states that, Vietnam still needs important infrastructure, especially in seaports and roads, bridges, this deficiency will harm the FDI capitalization stream in export and industry. Apparently, road 51 is the main gate to the economic regions in southern Vietnam but it doesn’t have the ability to sustain a clear transporting road for goods delivery and it is often in a traffic jam. So, road 51 must be considered a top priority in developing and must be finished before 2011 to meet the high demands of transportation for southern economic regions of Vietnam.
 
Constructing most modern ports
According to Vietnam Marine Administration, the overall plan to develop harbours up to 2020 and vision to 2030 will be presented to Prime Minister in 2009; by then, the most modern harbours will be formed at the Thi Vai river, it will help invigorate the economy in southern regions and all over the country. Now, the Ministry of Transport has been preparing to deploy a project to further widen the road 51 with length up to 72 km, size up to 6 lanes with the investment came to 2 thousand billions, the work is expected to begin in fourth quarter of year 2009. The Ho Chi Minh – Long Thanh – Dau Giay highway project is also expected to start in year 2009 and the high way linking Bien Hoa and Vung Tau will be begun in 2011, with the scale of from 4 to 6 lanes. The Vinalines will start soon as Lach Huyen, which is the main part of Hai Phong port and it can receive ship with loads of between 50.000 and 80,000 DWT… The specialists also state that the project to widen road 51, linking Bien Hoa and Vung Tau will be in high demand of container delivery for TP.HCM - Long Thanh - Dau Giay highway and it will make the building speed of Bien Hoa - Vung Tau highway faster.
 
Also according to the plan, from now to 2015, the Government will focus on developing harbour and narrow passages. Hai Phong (main focus is Lach Huyen) Cai Mep - Thi Vai, Ho Chi Minh city port next to the Soai Rap river, Can Tho port next to the Hau Giang river, building seaports container delivery at Cai Mep, Thi Vai regions, Hiep Phuoc region, landing place to serve producing oil for Nghi Son factory, and coals for thermo-electric factory.
Xuan Long