CMA CGM Group Expands Terminal Operations in Northern Vietnam

As part of its efforts to expand its global terminal operations in strategic ports, CMA CGM Group has announced a new public-private partnership to develop its first terminal in northern Vietnam. This move is seen as a strategic investment to support the region’s strong industrial and logistics growth.

CMA CGM has been actively involved in Vietnam since 1989, operating 29 weekly services from seven ports in the country. The group already co-owns the Gemalink terminal in Cai Mep and the Vietnam International Container Terminal in Ho Chi Minh City.

Recently, CMA CGM signed a partnership agreement with Saigon Newport Corporation to develop the Lach Huyen terminals 7 and 8 in Hai Phong, northern Vietnam. This new deep-water terminal, scheduled to open in 2028, will have a capacity of 1.9 million TEUs and represents a total investment of $600 million.

The strategic location of the Lach Huyen terminal in Hai Phong will cater to the increasing container volumes in northern Vietnam, which is one of Southeast Asia’s fastest-growing economic zones. This partnership will enable CMA CGM to secure long-term capacity in a region that has become central to Asian supply chains.

Port of Hai Phong Expansion

Last month, the Port of Hai Phong celebrated the opening of Berth 4, marking a significant milestone in the port’s development. Berth 4, with its capacity to accommodate fully loaded container vessels up to 100,000 dwt or approximately 8,000 TEUs, will enhance the port’s capabilities for handling both domestic and international vessels.

In addition to Berth 4, the port also features a Barge Wharf capable of handling barges with a capacity of up to 160 TEUs and a Service Wharf for tugboats. These new facilities, along with Berth 3, will significantly expand the port’s capacity to meet the growing demand for maritime services in the region.

Vietnam’s Export Growth

Vietnam is actively working to expand its global exports and has been exploring trade opportunities with various countries, including the United States. As Vietnam positions itself to benefit from shifting trade dynamics, developments like the expansion of the Port of Hai Phong and the new Lach Huyen terminals underscore the country’s commitment to enhancing its logistics infrastructure to support economic growth.