The central province has commenced construction on a 300m long breakwater at Chan May Port to increase its capacity.

The province said the project, which was built at a cost of VND757 billion (US$33 million), is expected to be put into operation in the first quarter of 2026, allowing easy access to 70,000 DWT (deadweight tonnage) cargo ships; 4,000TEU (twenty-foot equivalent units) container ships, and 225,000GT (gross tonnage) cruise ships.

Currently, Chan May Port hosts from 4 million to 4.5 million tonnes of cargo annually, but it would increase to 5 million or 6 million tonnes of commodities by 2025.

In the first stage, the port completed construction of a 450m breakwater providing logistics for six industrial zones and two economic zones in the province.

A logistics company said the province, which connects to the East-West Economic Corridor linking Laos, Thailand, Myanmar and Viet Nam, would help businesses and investors save at least $70 from a road cargo trip at Chan May Port rather than travelling to Da Nang’s Tien Sa Port from Quang Binh, Quang Tri and Thua Thien Hue provinces.

The province has been calling for the construction of two more piers at the port to improve logistics capacity.

Thua Thien Hue said it has granted licences to 25 new investment projects worth a total VND13.78 trillion (nearly $600 million), of which four FDI projects with $257 million, in the first nine months this year.

Earlier this year, Aeon Mall Viet Nam said it plans to build its first trading centre, Aeon Mall Hue, with an investment of $170 million in An Van Duong new urban area.

The province and the American Chamber of Commerce (AMCHAM) also agreed to boost ties between businesses from the US in a meeting in May. — VNS