The joint stock Đà Nẵng Port company has started operating a new container yard on 37,000sq.m after two years of construction, providing space for 110,000 TEUs (twenty-foot equivalent units) and increasing capacity at the port.
Đà Nẵng Port Joint Stock Company earned revenue of VNĐ224.4 billion ($9.75 million) from sales and services, earning net profit of $2.44 million, up nearly 37 per cent year-on-year.
The central Da Nang City’s Investment and Development Fund has agreed to provide a US$7.9 million loan to the Da Nang Port joint-stock company to upgrade and expand the Tien Sa Port.
