Vietnam’s Maritime Industry Thrives with Global Shipping Giants

Vietnam’s maritime sector is undergoing a remarkable transformation, establishing itself as a key hub in regional and global shipping. With modernized deep-water ports, expanding logistics infrastructure, and strategic partnerships with global shipping giants, Vietnam is becoming an attractive destination for investors in maritime transport and supply chains.

Expanding and Upgrading Port Infrastructure

Vietnam boasts over 13,000 meters of berths, accounting for 30% of the country’s total port capacity. Key ports such as Cai Mep – Thi Vai, Hai Phong, Da Nang, and Quy Nhon are strengthening Vietnam’s role in global trade. Cai Mep – Thi Vai is now capable of handling 200,000 DWT ultra-large container ships, significantly reducing shipping costs and enhancing competitiveness.

Additionally, the $4.8 billion Can Gio Mega Port, developed in partnership with Terminal Investment Limited (TIL)—a subsidiary of Mediterranean Shipping Company (MSC)—aims to position Vietnam as a major transshipment hub, reducing reliance on regional competitors.

Strategic Partnerships with Global Shipping Leaders

Vietnam is actively collaborating with international shipping corporations to boost its maritime capabilities. The Gemini shipping alliance—formed by Maersk (Denmark) and Hapag-Lloyd (Germany)—has designated Cai Mep International Terminal (CMIT) as its primary port in southern Vietnam, marking a significant step in integrating Vietnam into global supply chains.

Furthermore, Vietnam’s cooperation with MSC in developing Lien Chieu Port in Da Nang will strengthen central Vietnam’s trade connectivity. These partnerships present lucrative investment opportunities while propelling Vietnam’s maritime sector onto the global stage.

Vietnamese Maritime Enterprises Strengthen Their Position

Alongside infrastructure advancements, leading Vietnamese maritime firms like VIMC are experiencing impressive growth. VIMC owns the largest shipping fleet in Vietnam, accounting for 25% of the country’s total fleet capacity and handling 60% of import-export cargo, solidifying Vietnam’s trade position.

After undergoing restructuring, VIMC achieved a revenue of over $680 million and a pre-tax profit of $125 million in 2024, surpassing expectations. The company’s stock has surged, elevating VIMC’s market capitalization beyond $4 billion, placing it among Vietnam’s top publicly traded firms.

These achievements highlight the resilience and growing strength of Vietnam’s maritime enterprises, reinforcing the industry’s long-term sustainability.

Vietnam: A Prime Destination for Maritime Investment

With a strategic location, expanding port infrastructure, and increasing collaboration with global shipping leaders, Vietnam is emerging as a leading logistics hub in Southeast Asia. The booming e-commerce, industrial production, and export sectors are driving high demand for maritime transport, creating long-term, high-return investment opportunities.

Vietnam’s rapid progress confirms that the country is not only strengthening its maritime industry but also positioning itself as a top-tier shipping and logistics hub, making it an ideal destination for both domestic and international investors.