The Prime Minister has approved the development of a seaport and
industrial park complex in the Nha Mac marsh area, Quang Yen town,
northern Quang Ninh Province.
The USD$128 million project for the investment, construction and
operations of the infrastructure for an industrial zone and Nam Tien
Phong port was granted an investment licence on December 24.
Vietnamese seaports are attracting more interest from foreign investors
following the Government''s decision to sell bigger State stakes in these
companies.
Vietnam National Shipping Lines (Vinalines) will divest its capital of
more than 20.1 million shares worth about VND315 billion (US$15 million) from Vietnam
Maritime Joint Stock Bank (Maritime Bank).