Cai Mep Terminal receives first Evergreen mothership

By Tri Duc
Thu, October 27, 2022 | 8:05 am GMT+7

The Cai Mep International Terminal (CMIT) in the southern province of Ba Ria-Vung Tau welcomed Wednesday the 150,709 DWT Tampa-Triumph, an Evergreen mothership.

The ship, which is on a pilot voyage to the East Coast of the U.S., is the first Evergreen vessel to dock at CMIT.

Cai Mep International Terminal received first mothership of Evergreen in Ba Ria-Vung Tau province, southern Vietnam on October 26, 2022. Photo courtesy of the terminal.

Cai Mep International Terminal received first mothership of Evergreen in Ba Ria-Vung Tau province, southern Vietnam on October 26, 2022. Photo courtesy of the terminal.

Taiwan’s Evergreen is the sixth biggest shipping company in the world with its fleet having a combined capacity of 1.5 million twenty-foot equivalent units (TEU).

Every week, CMIT, a deep-water port, hosts ships on 33 weekly routes, 23 of which connect to the U.S.

On September 7-8, 2021, the port received Cosco Shipping Aquarius, the biggest shipping vessel to have arrived in Vietnam. The 20,119-TEU ship of Orient Overseas Container Line was also bound for North America.

Ba Ria-Vung Tau province is focusing on developing its maritime economy to use its 165 kilometer long coast and a continental shelf area of 100,000 square kilometers. The province’s plan features 69 ports, of which 48 with an annual capacity of 141.5 million tons are operational.

According to the national seaports plan for the 2020-2030 period, ports in the province will handle 128-141 million tons of goods in 2025 and 167-198 million tons in 2030.

Comments (0)
  • Read More
Thai IP developer Amata eyes clean energy cooperation with northern Vietnam province

Thai IP developer Amata eyes clean energy cooperation with northern Vietnam province

Amata Group of Thailand on Wednesday recommended the northern province of Quang Ninh foster cooperation in clean energy development in the time to come.

Investing - Wed, December 18, 2024 | 4:54 pm GMT+7

Czech's Sev.en Global Investments to make Europe's largest energy investment in Vietnam

Czech's Sev.en Global Investments to make Europe's largest energy investment in Vietnam

Czech-based Sev.en Global Investments, a multi-sector business, will expand its footprint to Asia, with Vietnam as a key market, the firm announced Wednesday.

Energy - Wed, December 18, 2024 | 3:43 pm GMT+7

Vietnam's Mekong Delta has immense opportunities for herbal-based medicine development: exec

Vietnam's Mekong Delta has immense opportunities for herbal-based medicine development: exec

The government should prioritize planning for designated growing areas and support product promotion to advance the development of products derived from medicinal herbs, said Pham Thi Xuan Huong, general director of OPC Pharmaceutical JSC.

Companies - Wed, December 18, 2024 | 2:15 pm GMT+7

Petrovietnam seeks WB support in offshore wind energy

Petrovietnam seeks WB support in offshore wind energy

State-owned Petrovietnam has called on the World Bank to provide support, including capital, to help with green energy projects, especially offshore wind power.

Energy - Wed, December 18, 2024 | 1:36 pm GMT+7

Masan High-Tech Materials exits its downstream business H.C. Starck

Masan High-Tech Materials exits its downstream business H.C. Starck

Vietnam's Masan High-Tech Materials on Wednesday announced the successful closing of the sale of 100% of H.C. Starck Holding (Germany) GmbH to Mitsubishi Materials Corporation Group.

Companies - Wed, December 18, 2024 | 1:24 pm GMT+7

New stock trading system KRX must come on stream in 2025: regulator

New stock trading system KRX must come on stream in 2025: regulator

The State Securities Commission (SSC) of Vietnam has demanded stock exchanges and related entities to launch the new stock trading system KRX in 2025.

Finance - Wed, December 18, 2024 | 11:40 am GMT+7

Hong Kong-invested battery maker GPPD raises Vietnam investment to $35 mln

Hong Kong-invested battery maker GPPD raises Vietnam investment to $35 mln

Singapore-incorporated GPPD Pte. Ltd., a subsidiary of Hong Kong-based Gold Peak Technology Group Limited, has increased its investment in Vietnam’s southern province of Binh Phuoc to $34.6 million.

Industries - Wed, December 18, 2024 | 11:17 am GMT+7

Vietnam interest rate unlikely to fall further: experts

Vietnam interest rate unlikely to fall further: experts

Interest rates in Vietnam are unlikely to decrease further and may even rise slightly in the near future, according to Pham The Anh, chief economist at the Vietnam Economic and Strategy Research Center (VESS).

Economy - Wed, December 18, 2024 | 10:04 am GMT+7

Vietnam an important partner of Guangdong-Hong Kong-Macao Greater Bay area: Sunwah Group chairman

Vietnam an important partner of Guangdong-Hong Kong-Macao Greater Bay area: Sunwah Group chairman

Through Hong Kong, an international financial center, Vietnamese businesses can more easily and effectively access the Guangdong-Hong Kong-Macao Greater Bay, says Sunwah Group chairman Jonathan Choi.

Economy - Wed, December 18, 2024 | 8:17 am GMT+7

Hanoi plans to start work on metro line 2 next year

Hanoi plans to start work on metro line 2 next year

Hanoi is set to start the construction of a section of its metro line 2 next year at a cost of VND35.58 trillion ($1.45 billion).

Infrastructure - Tue, December 17, 2024 | 9:15 pm GMT+7

Bamboo Capital highlights role of businesses in advancing Vietnam’s circular economy

Bamboo Capital highlights role of businesses in advancing Vietnam’s circular economy

Dr. Hoang Trung Thanh, a senior leader of Vietnam's conglomerate Bamboo Capital Group, emphasized the pivotal role of businesses in driving Vietnam’s green economy strategies during his speech at the recent Vietnam Circular Economy Forum 2024.

Bamboo Capital - Tue, December 17, 2024 | 8:15 pm GMT+7

F88 partners with MB to transform over 850 financial stores into bank transaction offices

F88 partners with MB to transform over 850 financial stores into bank transaction offices

Military Commercial Joint Stock Bank (MB) and leading consumer finance firm F88 on Monday officially signed a comprehensive cooperation agreement.

Companies - Tue, December 17, 2024 | 8:15 pm GMT+7

Vietnam’s e-commerce boom: a $5.8 bln opportunity by 2028

Vietnam’s e-commerce boom: a $5.8 bln opportunity by 2028

Vietnam’s business-to-consumer (B2C) e-commerce export value is estimated at VND145.2 trillion ($5.8 billion) by 2028, with micro, small and medium-sized enterprises (MSMEs) projected to contribute 25%.

Southeast Asia - Tue, December 17, 2024 | 7:32 pm GMT+7

Vietnam's retail giants to ensure sufficient supply, steady prices of Lunar New Year holiday goods

Vietnam's retail giants to ensure sufficient supply, steady prices of Lunar New Year holiday goods

Saigon Co.op has stockpiled more than 12,000 tons of essential goods traditionally consumed for the upcoming Lunar New Year (Tet) holiday in late January, or 30-50% higher than normal.

Southeast Asia - Tue, December 17, 2024 | 7:28 pm GMT+7

Indonesia offers tax incentive to hybrid car makers

Indonesia offers tax incentive to hybrid car makers

Indonesia will offer a sales tax incentive on Government-borne Luxury Goods (PPnBM DTP) of 3% for hybrid cars from next year.

Southeast Asia - Tue, December 17, 2024 | 7:21 pm GMT+7

Indonesia ready to establish bullion banks

Indonesia ready to establish bullion banks

Indonesia is ready to set up bullion banks after developing its capability to produce gold bars domestically, according to Minister of State-Owned Enterprises (SOEs) Erick Thohir.

Southeast Asia - Tue, December 17, 2024 | 7:19 pm GMT+7