Measures discussed to promote Cai Mep – Thi Vai Passage
Measures to fully tap the potential of the Cai Mep – Thi Vai Passage in the southern province of Ba Ria – Vung Tau were sought during a workshop in the province on August 25.
Many container terminals in the Cai Mep - Thi Vai Passage can accomodate two container vessels at the same time. (Source: baria-vungtau).
Measures to fully tap the potential of the Cai Mep – Thi Vai Passage in the southern province of Ba Ria – Vung Tau were sought during a workshop in the province on August 25.
The event, organised by the provincial Department of Transport, included participating representatives from the Ministry of Transport, the Vietnam Maritime Administration, the Vietnam Ship Agents and Brokers Association, local authorities and enterprises.
Deputy Minister of Transport Nguyen Van Cong said the ministry is mobilising resources to dredge the passage to accommodate larger vessels and urged the provincial customs office to facilitate vessel access to ports.
Local authorities pledged to offer the best incentives for investors, particularly in developing the port’s infrastructure facilities and human resource training in a bid to enhance its competitiveness in the region.
A representative from the CMA CGM Group, a global shipping company based in France, hailed the role of the port as well as its infrastructure facilities and management, saying that it is highly competitive among international ports.
According to the provincial Department of Transport, the province is home to 57 port projects with a total registered capital exceeding 7 billion USD.
As many as 28 of them have gone into operation with a total annual capacity of 87 million tonnes, including seven container terminals of 6.8 million TEUs (twenty foot equivalent unit)
However, the container terminals only handled roughly 17 percent of their annual capacity, with more than 590,000 TEUs of cargo in the first half of this year and 1.15 million TEUs last year.
The Cai Mep – Thi Vai Passage runs through Tan Thanh district in Ba Ria – Vung Tau province; Long Thanh and Phuoc An districts in Dong Nai province; and Can Gio district of HCM City.-VNA
The Vietnam Shipping Department has proposed investing 6.4 trillion VND (283 million USD) in dredging the Cai Mep – Thi Vai Passage to allow access to 100,000 DWT vessels.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
Vietnam is now positioning itself as a global manufacturing hub with a diversified export portfolio, improved product quality, and enhanced price competitiveness.